This year, Shanghai has sold luxury homes worth over 100 billion yuan, and the attention towards core assets in first-tier cities has skyrocketed.

On December 19th, the first day of the subscription for the "National King" Anlan Shanghai project, the sales office strictly prevented the distribution of personnel, and the on-site security was tight. The first batch of approved units in the project have an average price of 17,880 yuan per square meter, lower than market expectations, with the most expensive one reaching 146 million yuan. This is just a glimpse of the luxury housing market in Shanghai this year. Recently, Shanghai Poly Expo Tianyue sold a duplex for a total price of 120 million yuan. As a result, all six "70 million+" duplexes in the entire project have been sold out. Statistics show that this year, the total transaction amount of new residential properties in Shanghai priced above 30 million yuan has exceeded 100 billion yuan. In comparison, the total transaction amount of luxury housing of the same level in Beijing, Guangzhou, and Shenzhen is roughly equivalent.