1. Location: Victoria Plaza is located at No.76, Hunan Road, Shinan District, Qingdao. Although it is close to the coastline, it is far from the center of Qingdao, so its house price will be relatively low compared with other buildings located in the center of the city.
2. Architectural age: Victoria Square was built relatively early, and most of the buildings were built in the 1990s. Compared with newly-built buildings in recent years, the architectural design and building standards may be relatively old, so the price is relatively low.
3. Housing types: The housing types in Victoria Square are mainly apartments and residential buildings, and their prices are relatively low compared with high-end housing types such as single-family villas.
4. Housing quality: Although the housing quality of Victoria Square is good, the price is relatively low because of its early construction and some problems such as aging facilities and outdated decoration style.
It should be noted that the above reasons are only some factors that may lead to the relatively low housing price of Victoria Plaza, and the specific situation needs to be comprehensively analyzed according to market supply and demand, policy regulation and other factors.