Beijing Daxing: The airport protects the demolished households, but housing prices will continue to rise.

Since Beijing Daxing prepared to start building a new airport in 2014, Daxing has become one of the key areas that everyone pays attention to. For those who live in Daxing, the airport is not important, but life after the airport is built is more important.

The construction of resettlement housing at the new airport will be accelerated in 2016

According to Tan Xuxiang, a representative of the Beijing Municipal People’s Congress and the mayor of Daxing District, in 2015, Daxing District mobilized the efforts of the entire district to *More than 1,000 people were stationed on the front line to carry out demolition work, and the demolition work of 7,005 households in 13 demolition villages was completed in more than a month. In accordance with the agreement with the Capital Airport Group, the land required for the terminal construction was delivered, ensuring the smooth start of the terminal construction on September 26.

As for the villages and villagers involved in the construction of the new airport, Tan Xuxiang said that the land acquisition and demolition for the new airport project involves 33 administrative villages in Yufa and Lixian towns, covering more than 30,000 acres. Land, 7,005 households and more than 20,000 people were relocated.

Before the demolition started, existing housing, schools, hospitals and other resources have been integrated to ensure that each demolished household has a house to live in, education and medical treatment. In order to help landless farmers find employment, a sub-base of labor training base has also been established to carry out targeted employment training based on the future employment needs of the airport. At the same time, special job fairs are organized regularly.

It will only facilitate the surrounding people and will not cause noise disturbance

As for the noise problem that people around the airport are concerned about. Tan Xuxiang said that according to the approval of the Ministry of Environmental Protection, villages with predicted noise levels of civil airports exceeding 80 decibels and schools with 75 decibels will be relocated as a whole; villages with predicted noise levels between 75-80 decibels and schools between 70-75 decibels will be relocated Sound insulation protection measures. Existing sound insulation and noise reduction measures mainly include the installation of sound insulation doors and sound insulation windows.

Not only that, Beijing Daxing’s three-year plan also divides the area around the airport into a “core area” and a “radiation area” for comprehensive development. Among them, the core area is located within a radius of 5 kilometers from the new airport, mainly involving the two towns of Yufa and Lixian in Daxing District, focusing on the development of the aviation logistics industry and the comprehensive bonded zone. The radiation area is an area with a radius of 5-15 kilometers outside the new airport, including Pangezhuang Town, Weishanzhuang Town, Anding Town, and Caiyu Town, focusing on the development of scientific and technological research and development, financial services, etc.

After the new airport is put into use, tens of millions of passengers will fly at the new airport every year, which will surely stimulate catering, shopping, accommodation and other related industries. According to the "thumb rule" widely used internationally, the airport can provide 1,000 direct jobs for every 1 million passengers. The new airport will have an annual passenger throughput of 72 million by 2025 and is expected to provide about 100,000 direct jobs.

What will happen to Daxing’s housing prices when a new airport is built?

Under normal circumstances, as long as an airport is built, the test flights, takeoffs, and landings of various types of aircraft will cause a lot of noise trouble to surrounding residents, which has always been criticized.

But Beijing is Beijing, and it is indeed a magical place. You just know that there is an airport in Daxing, but do you know that there is also an airport line that will bring a number of subway houses?

When Daxing was initially selected as the site for the new airport in 2009, Daxing’s land transaction volume and average land transaction price increase far exceeded the Beijing average. Experts predict that the new airport line will bring more generous regional dividends to Daxing, and the Daxing property market will see another buying boom.

In mid-2015, when the second environmental impact assessment report for Beijing’s new airport subway line was released, some organizations predicted that by 2025, the new airport would bring 98.5 billion yuan in tourism revenue to Beijing. There will be more than 180 hotels in the surrounding area, more than 100 supporting colleges and universities, and more than 300 community health service stations, hospitals and other health institutions.

House price data at that time also showed that from the average transaction price of 3,101 yuan/square meter in 2005 to the current 28,737 yuan/square meter, housing prices in Daxing have increased 8.3 times in ten years. Everyone inside and outside the industry agrees that the construction of the new airport and the new airport line will definitely benefit the development of Daxing Nancheng’s real estate market, and the Daxing real estate market will be bullish in the long term.

(The above answer was published on 2016-01-28, please refer to the actual relevant current home purchase policies)

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