Is the house price of Ideal Garden in Houhai, Shenzhen expensive?

Shenzhen Houhai Ideal Yayuan Community is located in the Shekou Business District of Nanshan District. The reference average price of the community is 126,600 yuan/_.

Shenzhen Houhai Ideal Yayuan Community Quotation, for reference:

Houhai Ideal Yayuan, mid-floor (***31st floor), built in 2014, 3 bedrooms and 2 living rooms, 89.15 Square meters, southeast, reference price: 11.29 million, 126,600 yuan/square meter.