1. Affected by the market environment and policies, the overall trend of the property market is not optimistic. In order to increase sales and reduce house prices to attract more buyers, developers chose to reduce prices.
2. Poly Yuejiangtai Project is located in Hanyang, Wuhan. As the overall development of Hanyang District lags behind and sales are not ideal, we choose to reduce prices to increase sales.
3. There are some problems in the project itself, such as remote geographical location, inconvenient transportation and general ecological environment. It is necessary to lower the price to attract more buyers.
4. There are many competing products around the Poly Yuejiangtai project, and the competition is fierce. In order to occupy a larger market share, we chose to lower the price.
5. There are some problems in the land reserve of Poly Yuejiangtai Project, and it may be necessary to adjust the soil reserve structure, so the price is reduced.