Why is Beishang New Town so cheap?

There are several reasons for the relatively low housing prices in the northern new town of Hangzhou:

1. Remote geographical location: Beishang New Town in Hangzhou is located in the north of Hangzhou, and transportation, living and shopping may be relatively inconvenient, which may affect the housing price level.

2. Loose supply in the real estate market: Hangzhou's real estate market tends to be loose, and developers build more houses, which may lead to oversupply in the market and a corresponding decline in prices.

3. There are many tenants in the community and the parking spaces are tight: if there are many tenants in a community and the parking spaces are not fixed, this may lead to tight parking spaces, and the number of people who are willing to buy a house may decrease.

4. Incomplete transportation facilities: If the transportation facilities in a place are imperfect and inconvenient, it may also affect the house price level.

5. The house price base is high, and the room for rising is small: If a place has a high house price base and limited room for rising, it may lead buyers to take a wait-and-see attitude, thus affecting the house price level.

6. Low level of property management: If the property management level of the community is low, this may affect the quality of life of residents, thus affecting the level of housing prices.

7. The surrounding environment is dirty: If the surrounding environment of the community is dirty and there are problems such as garbage dumps, it may affect the quality of life of residents, thus affecting the level of housing prices.

Generally speaking, the housing price of the new town in the north of Hangzhou is relatively low, which may be the result of many factors. When buying real estate, I suggest you consider all possible factors in order to make an informed decision.