Why is Luohu Huamin Building cheap?

The price of Luohu Huamin Building is relatively cheap, mainly because of the following reasons:

1. Location: Huamin Building is located in Luohu District, which is relatively old. Compared with other areas in downtown Shenzhen, the facilities and environment are poor, so the house price is relatively low.

2. Architectural year: Huamin Building was built in 1990, belonging to an older building. Compared with the newly-built buildings in recent years, the interior design and facilities may not be modern enough, so the price is relatively cheap.

3. Noise impact: Huamin Building is close to the railway station and Luohu Pass. The heavy traffic in these areas may have a noise impact on the living environment, which is also a factor leading to lower house prices.

4. Surrounding facilities: Although Huamin Building is located in the city center, the surrounding commercial facilities and environment are relatively simple, and there are no high-end shopping centers or entertainment venues, which also affects the house price to some extent.

Generally speaking, there are many reasons why the price of Luohu Huamin Building is relatively cheap, including geographical location, building age, noise impact and surrounding facilities. If you are looking for a property with moderate price and convenient location, Huamin Building may be a good choice. However, please pay attention to consider whether the above factors meet your needs and expectations.