Why is the price of Minghui Garden so low?

The low price of Minghui Garden is mainly due to four reasons: geographical location, developers, architectural design, building age and property type.

1. Location: Minghui Garden is located in Nancun Town, Panyu District. The transportation is not very convenient, and the public facilities and commercial facilities are relatively simple, which has a certain impact on the property price.

2. Developer: Minghui Garden was developed by Guangzhou Minghui Real Estate Development Co., Ltd., which is a small developer. Compared with some well-known developers or state-owned enterprise developers, they may not have the corresponding brand advantages and resource advantages, and the development cost is relatively low, so the house price is relatively low.

3. Architectural design and architectural age: Minghui Garden was built in the 1990s. Compared with newly developed buildings in recent years, architectural design and decoration may lag behind and have a certain sense of obsolescence.

4. Property type: Minghui Garden is mostly a small-sized property, and the transformation of some layout and decoration styles that are not in high market demand, such as excluding basement facilities, may also have an impact on house prices.