Why is Yongle Community cheap?

Yongle residential area is relatively cheap, mainly for the following reasons:

1. Yongle community was built earlier, at 1950, belonging to the old community, so the house price is relatively low.

2. The facilities in Yongle Community are relatively backward. Due to the outdated facilities, the infrastructure and property services of the residential area may not be as good as those of the newly-built residential area, which may be a factor of lower housing prices.

3. The geographical location of Yongle Community may be relatively unsatisfactory. Although the transportation is convenient, there may be some problems in the surrounding environment, such as relatively few commercial facilities and entertainment facilities, which will also affect the house price.

4. There may be problems in the property management of Yongle Community. For example, some residents report that property services are not in place and management is chaotic, which may also be one of the reasons for low housing prices.

Generally speaking, the relatively cheap price of Yongle residential area is mainly affected by its old residential nature, backward facilities, geographical location, property management and other factors. It should be noted that these factors are not absolute, and there may be other factors that affect housing prices.