Why is Xinyi apartment so cheap?

The price of Xinyi apartment is relatively low, the main reasons include the following:

1. Remote location: Xinyi Apartment is located in Binnan Road, Xuhui District, Shanghai, far from the city center. This makes many office workers and students very inconvenient, reducing the demand for housing.

2. Inconvenient transportation: Although there are some public transportation around Xinyi Apartment, the lines and coverage are limited, which causes some troubles for residents to travel.

3. Incomplete facilities: Although the infrastructure of Xinyi Apartment can meet the basic needs of life, there is still a certain gap compared with other higher-end apartments. This will also affect people's acceptance of their housing prices.

4. Positioning of public rental housing: Xinyi Apartment is positioned as public rental housing, with relatively many tenants and large population mobility, which will also have an impact on housing prices.

In short, the price of Xinyi apartment is relatively low, mainly due to geographical location, transportation, facilities and the positioning of public rental housing. If these factors are taken into account, the price of Xinyi apartment may not be so cheap.