Causes of abandoned villas on the east coast of Shantou

The abandoned villas on the east coast of Shantou are mainly due to the decline of the real estate market caused by economic transformation and market changes. In the past few years, economic transformation and market changes have led to the decline of the real estate market, and many developers and investors are unable to sell or rent these villas as planned in the face of economic pressure. In addition, the remote geographical location, inconvenient transportation, lack of adequate infrastructure and population concentration further reduce the investment and residential value of these villas.