Why is Shuangjing Kowloon Garden House cheap?

Why is Shuangjing Kowloon Garden House cheap? This is because Shuangjing Jiulong Garden is located in Chaoyang District, Beijing. Although the geographical location is superior, due to some special reasons, the house price in this community is relatively low.

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First of all, Shuangjing Jiulong Garden is an old community, which was built in the 1990s and has a long room age. With the passage of time, the aging degree of the house is gradually aggravated, and the facilities and equipment are relatively old, which makes the value of the house relatively decline.

Secondly, the property management of Shuangjing Jiulong Garden Community is relatively poor. Due to the large scale of the community, it is difficult for the property management company to manage it, which leads to some problems in the environmental sanitation and greening of the community. This also affects the overall image of the community and the value of the house.

Third, the supporting facilities around Shuangjing Jiulong Garden Community are relatively imperfect. Although there are some commercial facilities and schools near the community, they are relatively limited. This also makes the living environment and convenience of the community relatively low, further affecting the value of the house.

Finally, the housing price of Shuangjing Jiulong Garden Community is also affected by the relationship between market supply and demand. In the context of the overall cooling of Beijing's real estate market, the supply of housing is relatively large, while the demand is relatively small, resulting in relatively low housing prices.

Generally speaking, the cheap housing of Shuangjing Jiulong Garden is mainly due to the comprehensive influence of many factors such as long room age, relatively poor property management, imperfect surrounding facilities and market supply and demand. According to the local market price, the price of Shuangjing Jiulong Garden is roughly between 20,000 yuan and 30,000 yuan per square meter. In addition, the purchase of housing also needs to consider related taxes and procedures, such as deed tax, personal income tax, notary fee, agency fee, etc. This will also have a certain impact on the purchase cost.

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