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Why is the price of Jiujing Home cheap?
The economy of this area is underdeveloped.
According to Tencent News, Jiujing Home was built by Beijing Zhong Rui Jianda Real Estate Development Co., Ltd. in 2005. Because of the underdeveloped economy, low development potential, low income and low price, the housing cost and land acquisition cost of developers are also low, so the house is relatively cheap.
Address of Jiujing Home: No.9 Jingzhuang East Road 1, Fengtai District, Beijing.
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