The advantages and disadvantages of Shanghai Xinhua Red Star International Plaza?

Xinhua Red Star International Plaza is located in the Jinhongqiao section of Minhang District. It is a rare landmark complex for sale within the Shanghai ring. The project is a 4.5-meter-high, finely decorated serviced apartment jointly invested and developed by Xinhua Publishing and Red Star Group.

The project is close to Gubei International Community and the high-end community in the western suburbs. It is above Metro Line 10 and is between the middle and outer rings. It is very convenient to drive to Hongqiao Hub. The project is positioned as a 400,000-square-meter commercial center that integrates and innovates culture, art, technology experience, etc. with traditional commerce. It includes the Aegean Art Shopping Center, an international street, and finely decorated serviced apartments for high-end young customers. After completion, it is expected to become The commercial, entertainment and lifestyle center of Gubei.

The Gubei area is a well-known high-end residential area in Shanghai. Most of the previous projects were high-end residential buildings and there was a lack of commercial complex projects. The development and construction of Xinhua Red Star International Plaza has further improved the commercial supporting facilities in the area. At the same time, it also meets the needs of some customers who do not have the qualifications to buy houses in Shanghai.

In general, the project itself is of good quality and has great investment potential, but as a serviced apartment with a 40-year property right, it does not have an advantage in terms of price.