Why is the house in Qinhuangdao Wenbo so cheap?

Property fees are very expensive. Wenbo City, Qinhuangdao is located at the intersection of Xigang Road and Gangcheng Street in Haigang District (east to Xigang Road and south to Haiyang Road). Developed by Qinhuangdao Biyu Real Estate Co., Ltd., the property service fee is 0.98 yuan per square meter per month. The property fee is expensive and the house is cheap. Completed in 2007, the developer is Jasper Real Estate, covering an area of 66,667 ㎡, with a building area of 420,000 ㎡, with a total of 3,372 houses and a greening rate of 46%.