Why is the housing price in Beijing Xindeyuan Community low?

The main reasons for the low housing prices in Beijing Xindeyuan Community are as follows:

1. The residential area is not in a prime location, and the transportation is inconvenient and the living facilities are not perfect, resulting in unsustainable housing prices.

2. The housing type in residential areas is generally poor, which makes the competitiveness of housing in the secondary market decline and the house price is also affected.

3. Poor property management and loopholes in security work in the residential area make the living environment in the residential area unsatisfactory and also affect the house price.

4. Most residents in the residential area are relocated households, and their overall quality is not high, which further reduces the competitiveness of houses in the secondary market, and the house price is therefore lowered.

Generally speaking, the low housing price in Beijing Xindeyuan residential area is mainly due to the comprehensive influence of many factors such as location, room type, property management and residents' quality.