1. Excellent geographical location: Ming Lan Yayuan is located in the core area of the city, with convenient transportation, complete surrounding facilities, shopping malls, schools, hospitals, etc., which will make the real estate price relatively high.
2. Quality assurance: Ming Lan Yayuan is a high-end property, and developers will pay attention to quality and details. Houses are made of high-quality building materials, and the decoration and technology are more refined, providing a higher quality living environment.
3. Complete supporting facilities: Ming Lan Yayuan is often equipped with various high-end community facilities, such as clubs, swimming pools, gymnasiums and green landscapes. The construction and maintenance of these facilities need to spend a lot of money, thus raising the price of real estate.
4. Brand premium: For some well-known developers, their brand image and word-of-mouth are important factors affecting the price of real estate. As a representative of a well-known developer, Ming Lan Yayuan has a high brand premium, so the price is higher.
It should be noted that the above are just some common reasons, which vary from case to case. The final determination of real estate price will be influenced by many factors such as market supply and demand, real estate policy and so on.