Core Viewpoint - The rapid development of the Longhua District in Shenzhen is exemplified by the recent land acquisition and immediate commencement of construction, highlighting the efficiency of urban space development in high-density cities [1][2]. Group 1: Project Details - The Shenzhen Deep Industry Group and Longhua Construction Group joint venture acquired the A815-0037 land parcel for 1.789 billion yuan, with construction starting on the same day [1]. - The project is located in a prime area of Longhua, near major roads and public transport, with residential planning of approximately 49,800 square meters and additional commercial and childcare facilities [1]. - The project benefits from a "three no" policy, allowing for no sales price limits, no restrictions on housing types, and no requirements for affordable housing, providing developers with greater autonomy [1]. Group 2: Regional Development Context - The swift land development reflects Longhua District's long-term efforts in land preparation and resource management amid increasing land scarcity in Shenzhen [2]. - Longhua has established a collaborative operational framework involving government oversight, departmental guidance, street-level implementation, and technical support [2]. - The involvement of reputable state-owned enterprises in the project indicates strong market confidence in the Longhua core area's long-term value and the ongoing urban renewal efforts [2].