Core Viewpoint - The "Hualian Luanshanfu" project, which has faced numerous delays since its planning in 2006, is finally set to enter the market after nearly two decades of development challenges, with a recent announcement of its resumption of construction in 2024 [1][13]. Project Overview - The project is located in the Bao'an District, specifically at the intersection of Guangshen Highway and Hangcheng Avenue, and is a collaboration between Hualian Holdings and Hengyu Group, with a construction planning permit expected to be issued in January 2025 [4]. - The total construction area is approximately 124,300 square meters, with a land area of about 21,900 square meters, a floor area ratio of 4.19, and a green space ratio of 25% [6]. - The development consists of seven buildings, including five residential towers ranging from 28 to 38 stories, totaling 504 units, along with a six-story commercial building and a 21-story office building [7]. Design and Amenities - The project features a high-end residential configuration, including a heated swimming pool and optimized design elements such as the shape and location of the rooftop landscape pavilion and swimming pool [3][8]. - The residential units will range from approximately 96 to 119 square meters for flats and 133 to 170 square meters for duplexes, with sales expected to begin in October [10]. Market Context - The project is positioned in a highly sought-after area where residential land is scarce, which is anticipated to alleviate the demand for new housing in the region [11]. - The surrounding infrastructure includes access to the Metro Line 12 and the upcoming Line 20, as well as educational institutions and shopping centers, enhancing the project's attractiveness [10]. Company Background - The development is managed by Shenzhen Jinghengtai Real Estate Development Co., Ltd., which has undergone several name changes and is fully owned by Hualian Holdings [15][17]. - Hualian Holdings' involvement in the project reflects its strategic commitment to resolving historical issues and strengthening its presence in the Shenzhen real estate market [22].