Group 1 - Shenzhen plans to launch 39 new residential projects in Q4 2025, with a total of 12,334 housing units and an area of approximately 1,601,853.70 square meters [1] - Compared to Q3 2023, the number of projects and housing supply in Q4 has significantly increased, with residential units accounting for 1,307,480.51 square meters and 10,112 units [2] - The market is seeing a rise in demand for larger units, particularly in the Qianhai area, with new offerings of over 215 square meters attracting interest from families [2] Group 2 - The real estate market in Shenzhen is experiencing heightened activity due to favorable policies, with September seeing a 10.3% month-on-month increase in second-hand home transactions and a 35.5% increase in new home sales [2] - Experts attribute the improved market sentiment and demand to the effective implementation of the "9·5" policy, which is expected to sustain high transaction volumes in Q4 2023 [3]