Core Insights - Shanghai's real estate market is experiencing a supply peak following the National Day and Mid-Autumn Festival holidays, with 8 new projects releasing a total of 874 units across various popular districts [1][4]. Group 1: High-End Market - Two major projects from China Resources are performing exceptionally well, with the Bund Ruifu in Hongkou releasing 146 units at an average price of 148,300 CNY per square meter, showing a slight increase from the previous phase [3]. - The second phase of Feiyun Yuefu in Pudong focuses on larger units, offering 32 units of approximately 170 square meters at an average price of 113,670 CNY per square meter, marking an increase of nearly 10,000 CNY per square meter, or 8.8% [3]. Group 2: Mid-Range Market - The mid-range improvement sector is showing a mild upward trend, with Minhang's Xiangyu Tianyu launching 66 units at an average price of 70,300 CNY per square meter, a slight increase of 400 CNY per square meter or about 0.57% from the initial launch [3]. - In contrast, the Zhonghuan Zhidi Center in Putuo is one of the few projects with a slight price drop, offering 86 units at an average price of 67,477 CNY per square meter, providing more flexible options for budget-conscious buyers [3]. Group 3: Low-Density Products - The current supply features a notable presence of low-density products, with three projects introducing such units, including Poly Xijiao and Huxu Ling Villa, which launched 73 units at an average price of 64,394 CNY per square meter [4]. - In the Jiading district, Times City continues to release 58 units, covering both apartments and low-density products at an average price of 56,623 CNY per square meter, while Zhaoshang Linyu Huatan offers 89 units at an average price of 55,776 CNY per square meter [4]. Group 4: Market Trends - The Shanghai new housing market is forming a clear pattern where high-end improvements lead growth, with the new projects expected to sustain the sales momentum observed during the National Day holiday [4]. - According to data from the China Index Academy, September saw new residential sales in Shanghai reach 970,000 square meters, a month-on-month increase of 23% and a year-on-year increase of 16% [4].