Is Yinchuan Jianfa LAM Raymond Bay an upscale community?

LAM Raymond Bay is developed in xingqing district, Yinchuan, and Ningxia Jianfa Real Estate Co., Ltd. is also a property of Yinchuan Jianfa. The average price of LAM Raymond Bay is about 12000, which should be considered as a high-end residential area, because the series of "Bay" projects developed by Jianfa, including Hu Bao Bay, Nanbo Bay and LAM Raymond Bay, are all high-end projects developed by Jianfa. Therefore, LAM Raymond Bay belongs to the upscale community in Yinchuan.