Why is Huayu Windsor Town so cheap?

The house is old. Huayu Windsor Town was built by Chongqing Yeru Real Estate Development Co., Ltd. in 2015. It is located next to Shuangbei Station of Metro Line 1 and is classified as a community under the jurisdiction of Shapingba Shuangbei. The area has a good spatial pattern. However, due to the long construction time and the relatively old houses, many people are unwilling to buy them and have to sell them at a cheap price.