The reason why Taichen Lakeside Garden is cheap is its relatively remote location, low-quality housing, fierce competition, and developer strategies.
1. Relatively remote geographical location: The residential areas are located in remote areas of the city. Factors such as inconvenient transportation and incomplete supporting facilities will lead to cheaper housing prices.
2. The quality of the houses is low: The quality of the houses in this project is low, such as insufficient building materials and decoration quality, resulting in cheaper housing prices.
3. Fierce competition: There are many real estate projects in the surrounding area, and the market is oversupplied. Developers will lower housing prices to cope with competition.
4. Developer strategies: Sometimes, developers will adopt strategies such as price reduction promotions to quickly digest inventory, obtain funds, and increase market share.