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Why is the housing price in Tongji New Village expensive?

The location is excellent. Tongji New Village was built by Shanghai Xinkong Real Estate Development Center in 1952, with 498 buildings and 3,799 houses. Excellent geographical location and convenient transportation have led to high housing prices in Tongji New Village. The residential property management company is a Shanghai Tongji property management company, and the property fee is 0.2 to 0.3 yuan/month, which is cost-effective.