Why is the house in Yongjingwan, Hefei so cheap?

There may be the following reasons for the relatively low housing price in Yongjingwan, Hefei:

1. Remote location: Yongjing Bay is located in the north of Chaohu City, far from the city center, with inconvenient transportation. This makes it less mobile than other properties in the urban area, so the price is relatively low.

2. Lack of surrounding resources: There is a relative lack of educational, medical and commercial resources around Yongjing Bay, such as hospitals, schools and shopping malls, which is also one of the reasons for the low housing prices.

3. Incomplete community facilities: Yongjingwan was a new building in August 20021year, and some infrastructure such as fitness equipment and convenience stores may not be fully built, which will also affect the house price.

4. Market supply and demand relationship: The supply and demand relationship in the real estate market is also an important factor affecting housing prices. If the market exceeds supply, house prices may fall. In addition, if there are a large number of new buildings or other competitive factors in the region, it will also have an impact on housing prices.

However, with the gradual improvement of municipal facilities and the start of subway construction, the house price in Yongjing Bay may rise in the future.