4 Reasons Air Quality is a Must-Have feature for Real Estate

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It’s not a trend. Air quality is now a make-it-or-break-it feature in commercial real estate and housing markets.

For years, buyers have considered the location, view, vicinity, and property value, but as the world grapples with air pollution, good air quality has become a vital consideration.

Here’s why.

1. Air Pollution is a global health emergency. Businesses will be forced to comply with new policies and regulations.

According to the World Health Organisation, 99% of the world’s population lives in places with unacceptable air quality.

The WHO calls for speedy, coordinated, and cross-border political leadership. This means that for the years to come, nations and industries will be compelled to help mitigate the effects of air pollution through policies and regulations.

2. Location is everything and tenants are comparing leasable areas based on AQI.

Some industries and sectors may suffer more consequences than others. For example, polluted cities may result in declining tourism, increasing healthcare costs, reduced labour productivity, and vacant real properties because people migrate to cities with better air quality.

Air pollution is not only a health concern but will also have a domino effect on economic growth. Property value is directly proportional to the environmental condition, meaning poor air quality results in lower property prices.

This is also why nations are investing in building smart cities featuring a liveable air quality index.

3. Smart cities are now using air quality monitoring systems as a leverage.

London, Lisbon, Paris & Mumbai – to name a few cities, have understood that a robust air quality monitoring infrastructure is the first step to an improved air quality. This is because you can’t help mitigate air pollution if you don’t have the technology to gather data from strategic locations.

4. It's a matter of time. Air quality monitoring will become best practice in most cities.

Smart cities are at the forefront when it comes to the adoption of air quality monitoring systems, but other cities are also expected to adopt the practice. It will be a gradual transition, but it will be inevitable.

Air quality sensors have become smarter, more affordable and more accurate than before. The adoption is expected to be widely used in various industries such as manufacturing, real estate, aviation, shipping, health and logistics.

Take for example, Persium.

Persium is a British air quality specialist technology company that provides complete hardware and software solutions to tackle air pollution. It offers the densest and most high-sensing sensors called the Persium Pod to collect real-time air quality data.

Easy and simple to strategically deploy in dense networks, Persium Pods provide high resolution spatial and temporal air quality data, which can be used to identify and tackle pollution hotspots and trends across entire cities.

The data gathered from the Persium pods are analysed & displayed in the Persium Dashboard – the most advanced visualisation platform with historic data sets, statistics, graphs, comparison tools, and AI-driven prediction features.

Citizens can also enjoy MapView® for free to access real-time air quality index, forecasts, and even health recommendations.

All of these empower governments, businesses and communities to help tackle air pollution and make a difference to the quality of air the world breathes.

1. Air Pollution is a global health emergency. Businesses will be forced to comply with new policies and regulations.

2. Location is everything and tenants are comparing leasable areas based on AQI.

3. Smart cities are now using air quality monitoring systems as a leverage.

4. It's a matter of time. Air quality monitoring will become best practice in most cities.

Take for example, Persium.

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21st Century Air Quality Monitoring Guidebook for Governments, Businesses and Local Communities