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Why is Shanghai Nanjiang Garden cheap?

Geographical location, the house is relatively old. Nanjiangyuan was built by Shanghai Evergrande Real Estate Development Co., Ltd. on 1998. As of June 27, 2022, the housing area of Nanjiangyuan is cheap because Nanjiangyuan is far from the center of Shanghai and the house has been built for 24 years, so the price is relatively cheap. The property company of the community is Shanghai Huihong Property Management Co., Ltd.