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Is the real estate and residential area a concept?
Property and community are not the same concept.

Property refers to a house designed and built by a developer with development qualification and gathered in a certain place to enter the market for sale. Property generally refers to commercial housing. Generally refers to buildings under construction or for sale.

Community refers to a large residential area with relatively independent living environment in a certain area of the city, equipped with complete sets of living service facilities, such as commercial outlets, schools (kindergartens) and so on.