Why is the price of Shenglong Tianhui in the southwest of Nanjing Hexi lower than that in the surrounding markets?

The reason why the price of Shenglong Tianhui in the southwest of Nanjing River is lower than the surrounding market is that the location is not the best, it was built earlier, the market supply exceeds demand, and the developers promoted it.

1, the location is not the best: Shenglong Tianhui in southwest Hexi is not as good as other surrounding buildings, such as being far from the city center or the surrounding environment is not very good. This will affect the purchase decision of buyers, resulting in lower house prices than other surrounding buildings.

2. Early building age: Shenglong Tianhui in the southwest of Nanjing Hexi is older than other surrounding buildings, which means that the building is different from modern standards in facilities, decoration and hardware, so the house price is relatively low.

3. Market oversupply: There are many new buildings for sale in this area, and the market supply will exceed the demand, which will lead to a decline in house prices.

4. Developers' promotion: In order to promote sales, developers will give discounts or special promotions to Shenglong Tianhui in the southwest of Nanjing Hexi, resulting in relatively low house prices.