1. The apartment is older: Ruijin Apartment was built in 1935, which has been 87 years. The decoration and structure of the house may be old, which may affect the quality of living.
2. The geographical location is relatively remote: although it is located in the city center, Ruijin Apartment is located in Fuxing Park, Huangpu District, and the house price in this area may be relatively low compared with other areas.
3. Property fee and parking fee: if the owner owns the property right, he needs to pay the property fee and parking fee. These costs may increase over time, further increasing the cost of holding.
4. Market supply and demand: The price of the real estate market is often affected by the relationship between supply and demand. If there are more apartments in the market, but the demand is insufficient, the price will fall.
Generally speaking, the relatively low housing price of Shanghai Ruijin Apartment may be the result of many factors such as its age, geographical location, holding cost, market supply and demand. If you are considering buying the real estate of Ruijin Apartment, it is recommended to consult a professional real estate agent, conduct a detailed survey of the market and fully consider all relevant factors.