Why is Shenzhen Union Square so cheap?

The geographical location is not very superior, or the building quality and service level are relatively low compared with other real estates. According to relevant information, the price of a property will be affected by many factors, including but not limited to the lot, location, lease period, building quality and so on. If the price of a building is relatively cheap, it may be because its geographical location is not very superior, or the building quality and service level are relatively low compared with other buildings. In addition, there are cases where the market competition is relatively low, resulting in cheaper property prices. Shenzhen Union Square is a well-known commercial complex, located at the intersection of Jinhua Street and Bao 'an North Road in Luohu District, Shenzhen. It is a very prosperous business district in the downtown area of Shenzhen. Union Square has multi-storey shopping malls, office buildings and high-grade houses, and the surrounding traffic is very convenient, with a large flow of people.