Why is Lihao Garden in Shenzhen Port cheap?

At the beginning of its construction, Li Hao Garden in Shenzhen and Hong Kong was designed as a high-grade school district. However, due to the deterioration of teaching quality in several primary and secondary schools near the area in the past five years, the house price in the area has dropped accordingly, so it is cheap.

Shenzhen, referred to as Pengcheng for short, is a sub-provincial city, a city with separate plans, a megacity, a China Special Economic Zone, a national economic center city and an international city in Guangdong Province.