What are the advantages and disadvantages of Shanghai SOHO?

Xinhua Red Star International Plaza, located in the Jinhongqiao plate of Minhang District, is a rare landmark complex for sale in Shanghai. The project is a 4.5-meter-high hardcover serviced apartment issued by Xinhua and invested and developed by Hongxing Group.

The project is close to Gubei international community and high-end community in the western suburbs, and the subway 10 line is located between Central and Outer Ring Road, so it is very convenient to drive to Hongqiao Hub. The project is positioned as a 400,000-square-meter commercial center, which integrates culture, art, scientific and technological experience with traditional businesses, including Aegean Art Shopping Center, International Street and hardcover serviced apartments for high-end young customers. Upon completion, it is expected to become the commercial, entertainment and living center of Gubei.

Gubei area is a famous high-grade residential area in Shanghai. Most of the previous projects were high-end residential buildings, lacking commercial complex projects. The development and construction of Xinhua Red Star International Plaza has further improved the commercial facilities in this area, and also met the needs of some customers who are not qualified to buy houses in Shanghai.

Generally speaking, the project itself has good quality and great investment potential, but as a 40-year-old hotel-style apartment, it has no advantage in price.