{"id":41064,"date":"2017-01-18T17:45:07","date_gmt":"2017-01-18T10:45:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/smog-be-damned-people-are-still-buying-homes-in-beijing\/"},"modified":"2017-01-18T18:03:24","modified_gmt":"2017-01-18T11:03:24","slug":"smog-be-damned-people-are-still-buying-homes-in-beijing","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/smog-be-damned-people-are-still-buying-homes-in-beijing\/","title":{"rendered":"Smog be damned, people are still buying homes in Beijing"},"content":{"rendered":"


\nThe post-apocalyptic air quality surely has not suffocated enthusiasm
\nLevels of particulate matter (PM) have exceeded 500 in Beijing. Timski\/Shutterstock
\nAround 8,050 villas were sold in Beijing last year, a sign of confidence in a city whose air quality has literally gone up in smoke.
\nWeeks of pent-up winter pollution, coupled with the smog, have not dragged down the number of villas sold in the Beijing capital. If anything, they soared 119 percent year-on-year in 2016, the South China Morning Post reported.
\nThe average value of Beijing villas also hovered at CNY37,783 (USD5,500) per square metre in 2016, a 10 percent rise from the previous year.
\nThese findings come as air health alerts in the city shot to their highest levels yet. The air monitor index at the US embassy, which tracks the amount of polluting PM2.5 particles in the air, scored 600 in December \u2014 the index was never designed to track air quality worse than 500.
\nIn the same month, the city saw sales of 871 luxury villas, a 23 percent increase from November.
\nMore: China\u2019s cooling measures mean small developers don\u2019t stand a chance
\n\u201cThe worries over air problem have helped villa sales because Beijing people are now looking for properties either away from the densest urban areas or those they have good indoor air cleaning systems,\u201d Zhang Dawei, chief analyst at real estate consultancy Centaline Property, told the Post.
\nThe deterioration of the air quality flies in the face of sterner environmental measures from the central and local governments. \u201cThe main reason was transfer of pollution from the surrounding provinces, where steel and other heavy industry clusters have seen a resurgence in activity due to retrograde stimulus policies,\u201d said Lauri Myllyvirta, who tracks Chinese air pollution for Greenpeace.
\nIn 2015, the Beijing government shuttered and limited production activity in more than 10,000 factories, plants and mills in Beijing and its environs.
\nRead next: A sustainable Chinese city? There\u2019s no such thing
\n
\nSource : property-report.com
\nRead more…Smog be damned, people are still buying homes in Beijing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The post-apocalyptic air quality surely has not suffocated enthusiasm Levels of particulate matter (PM) have...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-41064","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-aGk","jetpack-related-posts":[{"id":40926,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beijing-smog-fails-to-dampen-ongoing-appetite-for-luxury-villas-as-record-8050-sold-in-2016\/","url_meta":{"origin":41064,"position":0},"title":"Beijing smog fails to dampen ongoing appetite for luxury villas as record 8,050 sold in 2016","date":"January 17, 2017","format":false,"excerpt":"\r Beijing\u2019s ongoing serious air problems have failed to dampen its residents ongoing appetite for buying luxury houses in the city, as latest research shows a record 8,050 villas were sold in the capital city last year \u2013 a 119 per cent year on year jump. That amounted to 2.41\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41985,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/xishuangbanna-in-a-property-boom-as-beijing-chokes-on-smog\/","url_meta":{"origin":41064,"position":1},"title":"Xishuangbanna in a property boom as Beijing chokes on smog","date":"January 26, 2017","format":false,"excerpt":"\r Sun Wei, a sale manager with Ping An Real Estate Co., travels frequently between Beijing and Xishuangbanna(\u897f\u96d9\u7248\u7d0d) in southwestern China\u2019s Yunnan province. Her company sells luxury villas, mostly to buyers who hail from China\u2019s northern provinces. Home to southern China\u2019s dai (\u50a3) tribe, Xishuangbanna\u2019s lush tropical forests, palm-lined streets\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47951,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beijing-home-sales-remain-at-record-levels-despite-curbs\/","url_meta":{"origin":41064,"position":2},"title":"Beijing home sales remain at record levels despite curbs","date":"March 14, 2017","format":false,"excerpt":"\r Beijing home sales remain at record levels despite toughened home-buying rules being imposed on the city. The capital city sold 1,491 primary residential units from March 6 to 12, representing 24 per cent growth on the same period last month, according to Centaline Property data. Excluding commercial residential mixed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132590,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/smog-city-beijings-battle-for-clean-air\/","url_meta":{"origin":41064,"position":3},"title":"Smog city: Beijing\u2019s battle for clean air","date":"March 22, 2019","format":false,"excerpt":"\r Beijing smog is the poster child for urbanisation gone wrong: an acrid yellow fog invading its streets, shutting down schools, robbing days of light. But it doesn\u2019t just look bad: China\u2019s polluted air is so toxic, it kills 4,400 people a day, according to Berkeley Earth, a California-based climate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25215,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/damac-to-open-sales-offices-in-china\/","url_meta":{"origin":41064,"position":4},"title":"Damac to open sales offices in China","date":"September 6, 2016","format":false,"excerpt":"\r Damac, the developer based in Dubai, is to open three new offices in China to market its projects more effectively to Chinese buyers. Damac is planning to open business development offices in Beijing, Shanghai and Shenzhen to work with local brokers to promote its products, said Ziad El Chaar,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100767,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-100000-property-developers-are-bracing-for-an-industry-shakeout-as-economic-growth-sputters\/","url_meta":{"origin":41064,"position":5},"title":"China\u2019s 100,000 property developers are bracing for an industry shakeout as economic growth sputters","date":"November 1, 2018","format":false,"excerpt":"\r The marketing materials for Ruyi Island, a man-made chunk of land about three miles (five kilometres) northeast of the capital of China\u2019s Hainan province, depict a utopia for the wealthy. An artist\u2019s impression shows families strolling along marina boardwalks strung with fairy lights and villas nestled around palm tree-lined\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41064"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=41064"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41064\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=41064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=41064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=41064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}