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Why is Qingmei Mountain Villa cheap?
1. Remote location: Green Beauty Villa is located at Luo Yang Road, Meilong Plate, Minhang District, Shanghai. The area is remote and the traffic is inconvenient, so the house price is relatively low.
2. Pre-construction: Lvmei Villa was built in 1997, which belongs to an earlier batch of villa areas. Compared with the newly-built villa areas in recent years, the price is relatively low.
3. Higher property fee: The property fee of Lvmei Villa is 2.8 yuan/square meter/month, which is higher than that of some other communities, which is also a factor leading to its relatively low house price.
4. The surrounding environment is general: the surrounding environment of Meilong plate where Lvmei Mountain Villa is located is relatively general, and the commercial supporting and educational resources are not as good as those in other areas, which may also be a factor leading to its low housing price.
To sum up, the relatively cheap price of Qingmei Villa is mainly caused by its remote geographical location, early construction, high property cost and surrounding environment.
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