Is Asia's largest villa area still a ghost city?Falling house prices make it China's cheapest villas
Wandering China Wandering China
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 Published On Jul 11, 2023

Chapter:
00:00 Why come to Jing-Jin New City, a ghost city?
01:30 Video introduction of Jing-Jin New City, Asia's largest villa area.
02:06 Introduction of the gate and sculptures of Jing-Jin New City.
02:51 Introduction of the villa district of Jing-Jin New City.
03:31 Introduction of drone video in a particular villa district.
07:45 Surrounding shops of the villa district with a few open and most closed.
10:48 Fitness field for villa district owners.
11:39 Chatting with a man working on decoration in the villa district.
12:13 Actual filming inside the linked villas with a price as low as 3000 yuan per square meter.
16:05 Chatting with a real estate agent in the villa district.
19:34 An introduction to the environment of the linked villa district, very suitable for TV drama "The Last Survivor"'s shooting scene.
20:58 Introduction of an adjacent area of the linked villa district with drone video and commentary.
22:23 Introduction of several high-rise residential buildings nearby that have stopped construction, which are likely to become Lán wěi lóu or "stalled projects."
23:45 Actual filming of a residential property inside the high-rise residential buildings.
25:21 Nighttime filming with drone video on the linked villa district to investigate its occupancy rate.
26:06 Discovers previously promotional materials at the real estate sales office in Jing-Jin New City.
26:45 Driving and filming inside a particular villa community to investigate its occupancy rate.
27:04 Subjective analysis of the reasons why Jing-Jin New City has become a ghost city and an empty city.

Introduction:
Jing-Jin New City is located in Baodi District, Tianjin, China, and was once promoted as Asia's largest villa area, but was more often referred to as a ghost city during its construction. We traveled to Jing-Jin New City to investigate and document its current state, even visiting a set of linked villas with a price as low as 3000 yuan per square meter and interviewing a real estate agent in the area. Through this documentary, you can gain insight into the current state of this ghost city, and discover that Jing-Jin New City may be among the cities in China with the lowest house prices, along with He Gang.

As China continues to invest heavily in infrastructure, the real estate industry is always a hot topic worth discussing. China's house prices have always been a focus of news media reports, and by 2023, questions about China's real estate market are mounting. Some places are starting to give away houses, some have even stopped delivering them, and the Chinese real estate market in 2023 is far from peaceful. In this city called a ghost city, it is clear that the real estate issues reflect some changes in the Chinese economy and the real estate industry.

Equipment Used:
Sony a7m4 a6300
Sigma 28 - 70 f2.8
Sony 10 - 18 f4
Zeiss 16 - 70 f4
DJI action3
DJI air 2s
Insta360 go3

BGM:
Uncertainty by Arthur Vyncke |   / arthurvost  
Music promoted by https://www.free-stock-music.com
Creative Commons / Attribution-ShareAlike 3.0 Unported (CC BY-SA 3.0)
https://creativecommons.org/licenses/...

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