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Why is Lanqin Garden in Pudong so cheap?
1. Location: Lanqin Garden in Pudong is located in the north of Pudong New Area, far from the city center, and the transportation is not very convenient, so the house price is relatively low.
2. Short term of property rights: The term of property rights of Lanqin Garden in Pudong is 70 years, not more than 70 years, which is also a reason for its low price.
3. Small community scale: Lanqin Garden in Pudong is a relatively small community with fewer households, so the cost of property management and maintenance is relatively low.
4. Old house decoration and building age: Lanqin Garden in Pudong was built in the 1990s, and the house decoration and facilities are relatively old, so the house price is relatively low.
It should be noted that the low price of Pudong Lanqin Garden does not necessarily mean that it is a high-quality investment. Real estate investment needs to consider many factors, including location, housing quality, property rights and so on. Before buying a house, we should conduct sufficient market research, understand the surrounding environment and infrastructure construction, and choose a suitable house for investment.
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