Why is Hangzhou Wang Yue Apartment cheap?

Hangzhou Full Moon Apartment is cheap for the following reasons:

Location: Wang Yue Apartment is located in Zijinhua North Road, Sandun Town, Xihu District, Hangzhou. Although it is not in the city center, it still belongs to a prosperous area. Compared with the house price in the city center, the house price here will naturally be relatively low. This is because geographical location has an important impact on housing prices. Downtown lots are usually more popular, while lots far from the city center have relatively low prices.

Age and property fee: Wang Yue Apartment was built in 2003, belonging to an old community, and the building is older. House prices in old residential areas are usually relatively low, because the construction period is long and the facilities and decoration may be old. In addition, the property fee of Full Moon Apartment is low, only 0.6 yuan/m2/month, which also reduces the cost of living.