Why is the housing price in Shanghai Hongfayuan low?

Insufficient infrastructure construction in residential areas.

Hongfayuan community has no garden, insufficient greening, and the apartment type is not very positive. In addition, under the influence of many high-quality real estates in Shanghai, house prices are low.

The average residential price 10653 1 yuan per square meter, and the property fee is about 3.8 yuan per square meter per month. It is located in two famous roads in Shanghai-Xinhua Road and Huaihai Road, and it is No.2 Xinhua Road.