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The one I purchased is the Playstation Hits version with red box
it is in fact the red box greatest hits version
Currently it's Greatest Hits since it's been out for a while. They are going to release P5 Royal next year in March, which is the same game but with added content if you want a pretty original box.
I would recommend:
When I bought my copy, and I got the PlayStation hits copy
Yes, PlayStation Hits logo = Red Box. I think once a game hit a certain milestone, they’ll release the game with this Red Packaging from that point forward. Standard Edition is referring to the version of the game itself (doesn’t include: SteelBook Collectible Case, Soundtrack CD, 4" Morgana Plush, 64-page Hardcover Art Book, School Bag & Collectible Outer Box), not the packaging. I think the only way to get the Standard Blue Packaging for this game now is from other websites like Ebay, some sellers still have the Brand New original release edition, the Standard Blue Packaging. I just bought it for $9.99 during Black Friday, a good deal for me, so I won’t complain for the Red Box (not my favorite either, hahaha!).
Yes it’s the greatest hits red box, the game is 2 years old after all, the only way to obtain the original box is either buy it used or wait for P5R to come out on spring 2020.