Why is solotown Lishe so cheap?

Hello, the price of apartment is definitely much cheaper than that of residence, whether in Shanghai or other cities. Because the property rights of apartments are relatively short, generally only 50 years. Moreover, this kind of house has no real estate license and its property rights are unclear. But because the apartment is cheaper, it is still welcomed by many young friends in Shanghai. Especially single, very willing to buy an apartment, will not bring great pressure to buy a house.