Core Viewpoint - The article discusses the upcoming launch of the residential project "Zhenwenfu" in Pingshan, Shenzhen, which is set to enter the market as a completed property after a decade of delays. The project aims to attract buyers with its existing infrastructure and amenities, but faces challenges due to market conditions and historical pricing trends in the area [1][12][35]. Group 1: Project Details - "Zhenwenfu" will offer 520 residential units with sizes ranging from 59 to 132 square meters, at a reference price of approximately 35,000 yuan per square meter [1]. - The project is located near established commercial and educational facilities, including Yitian Holiday World and several schools [1][13]. - The project has been previously labeled as "the most tragic god-level project" in Pingshan due to multiple delays in its launch [4]. Group 2: Market Context - The Pingshan area, once considered undervalued, has seen significant price adjustments, with current market expectations for three-bedroom units around 1.6 to 1.7 million yuan [22][23]. - Recent transactions in the vicinity indicate a downward trend in prices, with examples showing units selling for as low as 27,000 yuan per square meter [24][27]. - The overall market sentiment suggests that even with the completed status of "Zhenwenfu," the project may struggle to meet buyer expectations due to historical pricing and current market conditions [12][35]. Group 3: Challenges and Considerations - The project faces potential issues with parking availability, as it has a shortfall of 162 parking spaces against its 520 units [19]. - Environmental concerns are raised due to the proximity of industrial areas and ongoing urban renewal projects, which may affect the living experience [15][21]. - The marketing strategy emphasizes immediate availability and quality, but discrepancies between promotional materials and actual delivery could impact buyer confidence [18][17].