TAIPEI (TVBS News) — My Housing (住展雜誌) reported Thursday (Dec. 11) that its housing market indicator showed a persistent yellow-blue light signal for November. The signal indicates a continued decline in northern Taiwan's new housing market. This marks the ninth occurrence of this signal in 2025, reflecting ongoing real estate sector challenges. The housing market magazine focuses on Taiwan's property sector trends.
The real estate magazine revealed that November's pre-sale project values reached over NT$80 billion (around US$2.56 billion). The figure shows an increase of more than NT$20 billion (around US$641 million) from October. Market demand remains unresponsive despite this rise in supply. Chen Ping-chen (陳炳辰), director of My Housing's Research and Development Office, noted that newly launched homes dropped by over 100 units compared to October.
Chen analyzed that overall demand in November was sluggish, with an average of 12.9 visitor groups per week per project in northern Taiwan. Only 0.6 group visits per week resulted in sales, highlighting the market's lack of vitality. The number of projects awaiting sale rose to 1,452, an increase of nearly 40 from October. New projects emerge at year's end while buyer interest remains low.
Chen pointed out that project volume in northern Taiwan could reach NT$1 trillion (around US$32 billion) in 2025. This would still be the lowest year compared to other years since 2018 when the market surpassed the NT$1 trillion mark. The housing sector may need to consider strategic adjustments to stimulate demand and improve sales performance. Market challenges persist despite new project launches at year's end. ◼ (At time of reporting, US$1 equals approximately NT$31.2)
