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Why are American federal apartments in Beijing cheap?

There are no supporting schools nearby. According to Baidu map, the American Federal Apartment in Beijing is located on Xiaoyun Road outside the East Third Ring Road in Chaoyang District. Because there is no supporting school near the apartment, its house price is relatively cheap. By 2023, the house price will only be 78 140 yuan per square meter. The apartment developer is Beijing Hao Yue Real Estate Development Co., Ltd., and the property management company is Darwin Property Management Company.