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Why is the fourth phase of Donghu City cheaper than the second phase?
The main entrance of the second phase is about 700 meters away from Huayuan Road subway station (after the opening of Huayuan Road), surrounded by newly-built houses, and the park planned by the municipal government is in the north, which is much stronger than Renhe Road. Moreover, AEON decided to choose Heping Village, which is closer to the second phase of Donghu City. The fourth phase of Donghu City should be opposite Huayuan Road. Therefore, the location of the fourth phase is not as good as that of the second phase, and of course the fourth phase is cheaper.
The fluctuation of house prices is related to these five factors. 1, market demand. The different situations of oversupply and oversupply have different effects on housing prices. For example, when the housing supply in a certain area is in short supply, the housing price will rise, and conversely, when the housing supply is too large, the housing price will fall. 2. Geographical location. Geographical location also has a great influence on house prices. For example, the houses by the sea are different from those in the mountains, and the houses in the urban areas are different from those in the suburbs. Because of this, prime locations are often the focus of real estate developers' publicity. 3. Community environment. Green area, plane layout, parking situation, property management and other factors will affect housing prices. If the housing environment in a residential area is good, the natural price will be high, but if there is a big accident in this residential area, the house price will fall. 4. Traffic conditions. Traffic conditions directly affect house prices. If a new subway is opened or there are many bus stops around the community, the house price in this community will naturally be higher than that in other communities. After all, people don't want to spend the whole day on the way to and from work. 5. Supporting facilities. Perfect living facilities will raise the house price in this area. If there are many supermarkets, banks, schools, hospitals, pharmacies, post offices and other facilities around the community, people's lives will be very convenient and house prices will be high.
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