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  • Taipei 101 tops city land value chart for 11th Year

    Taipei 101 has maintained its position as the highest-valued land in Taipei for the 11th consecutive year, with an estimated value of NT$2,001,000 per square meter. This equates to approximately NT$6.615 million per ping, a traditional Taiwanese unit of area. Cathay Landmark Plaza follows closely behind, achieving record-high office rental prices and a land value of NT$1,920,000 per square meter or roughly NT$63.47 million per ping. Shin Kong Life Tower, another prominent structure in Taipei’s skyline, claims the third-highest land price at NT$1,904,000 per square meter, equivalent to about NT$62.94 million per ping. Land values in Taipei have been steadily rising for six years, although the rate of increase in 2023 appears to be slowing down. Taipei’s property value growth is considered the most stable among Taiwan’s six special municipalities, with a yearly increase of 1.37% in housing prices and a 0.48% rise in the land price index, according to the Ministry of the Interior’s latest housing price index.
    2023/12/20 17:07
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