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Why does Jimo MCC Dexian Mansion have a high inventory rate?

The price is expensive. According to Shell.com, in 2023, the average house price of MCC Dexian Mansion was RMB1.2000 per square meter, which was much higher than the surrounding apartment buildings, with many competitors and lower price than Dexian Mansion, so the inventory rate was high. MCC Dexian Mansion is located in Daxing Old Palace in Beijing. Built by Beijing MCC Minghong Real Estate Co., Ltd., the residential property company is MCC Real Estate Group Property Service Co., Ltd. Beijing Branch.