Why is the price of Pengcheng Garden in Qingdao not high?

The housing price of Pengcheng Garden in Qingdao is not high, the main reasons are as follows:

1, Qingdao Pengcheng Garden is located in a coastal city. Due to its proximity to water sources and superior climatic conditions, the housing market price is relatively low;

2. Qingdao Pengcheng Garden is relatively remote and unsuitable for citizens to live in. For most consumers, house price is not a very high choice;

3. Qingdao Pengcheng Garden has a relatively small supply of houses and a small building scale, which makes it difficult to attract investors and stimulate the rise of house prices;

4. The regional economic development level of Pengcheng Garden in Qingdao is low, and the income level of residents is not very high, which also has a great impact on housing prices;

5. The traffic conditions of Pengcheng Garden in Qingdao are also poor, which makes it inconvenient to travel and is not conducive to the rise of house prices.

Generally speaking, the price of Pengcheng Garden in Qingdao is not high, on the one hand, because of its remote geographical location, on the other hand, because of the lack of local economic development level and traffic conditions.