1. Location and Competition: Hefei Golden Pond Phase III is located in a relatively new or marginal area of Hefei's urban development. Compared with the downtown or bustling area, its land cost and comprehensive development cost are lower, and the nearby commercial center lacks high-end residential projects or high-end facilities, which has no obvious premium effect, resulting in the relatively low house price and cheaper price of Hefei Golden Pond Phase III.
2. Housing quality and planning: Cheap housing prices are related to the housing quality and planning of Hefei Golden Pond Phase III. There is a gap in building materials, construction quality and supporting facilities for high-end projects, which leads to relatively low housing prices and will attract people who are price-sensitive.