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Why is Shanghai Yangming International Garden cheap?

The house price in this community is not cheap.

According to the online information of house rental and sale, the reference price of Yangming International Garden is 53,636 yuan/square meter, the average price of new houses in this area is 73,308 yuan/square meter, and the average price of second-hand houses in this area is 6,265,438 yuan +073 yuan/square meter, which is not cheap.

Yangming International Garden Community has a 70-year property right, and the building type is banlou. The greening rate of the community reached 35.0%, and the plot ratio was 1.6.