Why is the house price in Minghong New Town so low?

The housing price in Minghong New Town is relatively low, which may be affected by the following factors:

1. The housing density in the residential area is low, the building density is higher than that in the residential area in the same area, and the floor area ratio is low, which makes the living comfort of the house higher, which has a favorable impact on green space, landscape space, house depth and lighting.

2. The greening rate of the community is high and the environment is good.

3. The slow progress of early construction and early completion leads to fewer parking spaces and fewer buyers, which is also one of the reasons for the relatively low housing prices.

These factors combine to form a relatively low housing price in Minghong New Town.