Core Viewpoint - The planning adjustment for the Taihua Wutong Linju project in Bao'an District, Shenzhen, is significant as it removes the "7090" policy restriction, allowing for a substantial increase in the proportion of larger units, aligning with the current market demand for improved housing options [2][4][3] Group 1: Project Overview - Taihua Wutong Linju is one of the largest unsold properties in Bao'an Center, with a development history spanning over 22 years [1][5] - The project was initially contracted in January 2003, with a land use period of 70 years, but has faced multiple delays and challenges in obtaining necessary permits [6][7] Group 2: Planning Changes - The recent public notice indicates the removal of the requirement that at least 70% of the total building area and units must be under 90 square meters, which is expected to lead to a significant increase in larger unit offerings [4][2] - The total planned units for the project are 4,482, with 3,538 units previously designated as under 90 square meters [4] Group 3: Market Implications - Analysts believe that the cancellation of the "7090" restriction will allow developers to cater to the current market trend favoring larger, improved housing, potentially increasing the project's overall value and profit margins [4] - The project has been under scrutiny for its lengthy development timeline, with many similar projects in the area already completed and sold [7] Group 4: Regulatory Context - The planning adjustment process allows for changes to be made before project completion, raising questions about compliance and potential penalties for delays [9] - Shenzhen's regulatory framework has been tightening regarding land development timelines, with penalties for delays potentially impacting developers [9]