从今年3月份，"好房子"三个字第一次被写入政府报告开始，大家看今年几乎所有的新房楼盘宣传推广，都开始心照不宣地统一起来。似乎"好房子"正在成 为一个口号、一个标语。 可能也正是因为口号化，让我们不禁怀疑："好房子"跟我们普通人有什么关系？短期内能看到肉眼可见的效果吗？长期又会有怎样的变化？带着这个问题， 我们试图从过去找找答案。 让我们把时间拉到十年前，也就是2015年左右。当时上海楼市正处于不限价的时期，因为不限价而逼出了一批产品力惊人的标杆楼盘。今天，让我们挑出这 些标杆楼盘，带着时间的维度去衡量一下：十年后的"法拉利"，还是不是"法拉利"？ 01 我们整理了今年各个区乃至各个板块，十年左右房龄的二手房成交情况，试着从这些楼盘中找到成交单价最高的是哪些。为了让限制不至于太死板而失去一 些有效数据，我们将"十年房龄"的二手房范围定义为2013-2017年交付的楼盘，发现了一些有意思的数据。 | 区域 | 年份 | 排名 | 小区 | 板块 | 成交单价 | | --- | --- | --- | --- | --- | --- | | | | | | | (元/m2) | | 静安 | 2015年 | 1 ...

Core Viewpoint - The chairman of Sunac China, Sun Hongbin, expressed optimism at the shareholders' meeting, stating that the most difficult times for the company are over, signaling a potential recovery for the firm [2][11]. Debt Restructuring - Sunac China announced a significant breakthrough in its debt restructuring, with a total of approximately $9.55 billion in overseas debt being converted into equity [4][6]. - The debt-to-equity conversion plan has received support from about 75% of the holders of the existing debt, indicating a strong consensus among creditors [6][7]. - The total debt, including both overseas and domestic, amounts to approximately 83.85 billion yuan, equivalent to about 100 tons of gold [7]. Sales Performance - Sunac's project, the Bund No. 1 Phase II, achieved a remarkable sales figure of 9.997 billion yuan in April 2024, marking it as one of the highest-selling projects in Shanghai [9]. - The company reported a cumulative sales figure exceeding 17 billion yuan in the first half of the year, securing the title of the top-selling project in the country [9][10]. Financial Performance - In 2024, Sunac China reported revenues of approximately 74.02 billion yuan, a significant decline of 52% year-on-year, while gross profit turned from a loss of 2.5 billion yuan in 2023 to a profit of 2.89 billion yuan [10]. - However, the loss attributable to shareholders widened from 7.97 billion yuan in 2023 to 25.7 billion yuan in 2024, indicating ongoing financial challenges [10]. Strategic Focus - Sunac is shifting its strategy to focus on major cities and improving project quality, aiming to replicate the success of the Bund No. 1 project [10]. - The company is undertaking a thorough review of its residential projects, implementing tailored strategies for debt restructuring and asset revitalization [10].