Core Insights - The high-end real estate project, Xinyue Bay, launched in Shenzhen, achieved remarkable sales performance, breaking records for sales speed and total transaction value within hours of opening [1] - The project recorded a transaction amount exceeding 10 billion yuan within just two hours of its opening, setting a new sales speed record for luxury properties in Shenzhen [1] - The average registration price for the project reached approximately 244,000 yuan per square meter, with the highest unit price hitting 380,000 yuan per square meter, marking a historic high for new residential properties in Shenzhen [1] Sales Performance - Xinyue Bay's opening saw the sale of 156 units, with sizes ranging from 302 to 658 square meters, and the highest-priced units being two top-floor duplexes priced at 36,000 yuan per square meter and 38,000 yuan per square meter, respectively [2] - The total price range for the units sold was between 53.27 million yuan and 250 million yuan, indicating a significant market demand for high-end properties [2] Market Context - The project's location in the Shenzhen Bay area, a well-established luxury residential zone, contributed to its strong sales performance, with nearby properties like Binhai City and Haijingjie Home already commanding high prices [2] - Current listings for neighboring properties show a price range of 110,000 to 200,000 yuan per square meter, highlighting the competitive pricing landscape in the area [2] Project Development Status - As of the latest updates, the main building structure of Xinyue Bay is still under construction, with the site currently in the steel structure phase and surrounded by scaffolding [2]