Core Insights - The project in the Mentougou District, developed by China Electric Power Real Estate, is progressing rapidly with a land acquisition cost of 9.57 billion yuan and a floor price of approximately 23,500 yuan per square meter [1][15] - The project covers a total land area of approximately 20,364.37 square meters and a total construction area of 64,262.74 square meters, with residential construction area accounting for 40,311.73 square meters [1][5] - The development includes 15 tower-style residential buildings with a total of 421 units, primarily targeting first-time homebuyers [1][5] Project Details - The project consists of 15 residential buildings, including 6 buildings of 15 floors, 8 buildings of 11 floors, and 1 building of 7 floors, designed in a south-low and north-high layout [3][6] - The average residential unit size is approximately 95 square meters, aligning with the market demand for affordable housing [1][10] - The project includes various amenities such as a convenience store, a sunken courtyard, and multiple entrances for pedestrian access [3][6] Economic Indicators - The project is estimated to require an investment of approximately 4.54 billion yuan, with a total building area of about 63,100 square meters, including 40,700 square meters above ground and 22,400 square meters underground [13][14] - The project will provide 477 parking spaces, including 464 residential parking spots and 7 for public service facilities, with 191 of these being designated for electric vehicles [6][8] Market Context - The project is strategically located near the S1 line's Four-Da Bridge station, with proximity to various amenities such as schools, parks, and hospitals, enhancing its attractiveness to potential buyers [14][15] - The nearby Longan Huaxiyu project has seen significant sales success, indicating a strong demand for residential properties in the area [15]