Core Insights - The trend of smaller fourth-generation residential units is increasing, with many new products under 140 square meters receiving positive market feedback, achieving high sales rates of over 90% during initial launches [1] - The concept of "residential product equality" is emerging, allowing buyers with limited budgets to access living experiences previously reserved for luxury properties [1] - The core advantage of fourth-generation residences lies in features like sky courtyards and significant gift areas, leading to higher usable space and attractive pricing for consumers [1] Group 1: Expansion Strategies - Developers are utilizing strategies such as half-gifted balconies and fully gifted terraces to increase usable space, with some projects achieving a total gift area of 55 square meters, resulting in impressive usable rates [2] - Full-gifted entrance gardens and innovative designs, such as large sky courtyards, are being implemented to enhance living space, with some units achieving usable rates of up to 112% [2][4] - The introduction of full-window designs is also being used to maximize interior space, with some projects expanding window depths to 90 cm, significantly increasing usable areas [6] Group 2: Evolving Terrace Designs - The design of terraces is evolving, with double terraces becoming a standard feature in compact units, enhancing both functionality and comfort [9] - Many new fourth-generation residences are designed with terraces surrounding the main living areas, promoting interaction and creating social spaces [13] - Innovative designs are being employed to address privacy concerns, such as staggered layouts and solid walls to prevent direct sightlines between units [20][22] Group 3: Competitive Features in Compact Units - The competition among compact units is intensifying, with a focus on functionality, comfort, and cost-effectiveness, particularly in the 100 to 143 square meter range [24] - Features like private elevator halls and dual kitchen designs are increasingly being integrated into smaller units, which were previously exclusive to larger luxury properties [25] - The introduction of additional functional spaces, such as dedicated service and storage rooms, is becoming common, enhancing the overall living experience [27]