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  • Daan dominates Taipei’s top 4 school districts

    Housing prices near 36 "star" schools in Taipei analyzed, with the highest average at NT$1.226 million per ping near Jin-Hua Elementary in Da’an District due to location and school prestige. Beitou District has lower prices, around NT$500,000 to NT$700,000.
    2024/04/15 15:37
  • Taiwan’s rising rents: pandemic, war, and interest rates

    the year-over-year (YoY) rate in the rent index has been around 2% for the past two years, a relatively high level. The YoY growth rate in March was 2.24%, the highest increase in the past year. Over the past decade, the average annual increase in the rent index was 1.1%. However, since July 2022, the growth has exceeded 2% and has remained at this level. DGBAS officials pointed out three main factors that contributed to the rise in rent. First, the cost of maintaining houses has increased. In recent years, the increase in residential maintenance costs has been significant, with a sharp rise of 5.8% in 2022 and increases of over 3% in 2023 and 2024. 
    2024/04/12 18:00
  • Taiwan’s young adults face record-high mortgages

    Young adults in Taiwan face record-high mortgages, with only 21% of young people in Taipei City owning homes. Rising property prices are attributed to labor and material shortages and increasing land prices. Homeownership among young people dropped to 32.2% in 2023, with Taipei and New Taipei having the lowest rates. Kaohsiung has the highest rate of young homeowners at 37.3%.
    2024/03/28 16:13
  • Taiwan youth grapples with high house prices and low wages

    Discover how Taiwan’s young population is navigating the challenging landscape of high house prices and stagnant wages, despite the country’s strong purchasing power, and the call for government action to address these issues.
    2024/03/06 08:00
  • President Tsai Ing-wen’s asset declaration revealed

    Discover President Tsai Ing-wen’s financial holdings unveiled by the Control Yuan in its latest asset declaration, including her deposits, properties in Taipei and New Taipei City, and entrusted assets. Learn about her copyright holdings and management of campaign subsidies in this detailed report.
    2024/02/27 13:38
  • KMT and DPP clash in New Taipei campaign rallies

    Presidential candidates from the Kuomintang (KMT) and the Democratic Progressive Party (DPP) held simultaneous campaign rallies in New Taipei City. KMT candidate Hou Yu-ih criticized DPP candidate Lai Ching-te for allegedly belittling the Republic of China (Taiwan) and accused the DPP of corruption. Lai emphasized human rights during his visit to the Luchou Lee Family Historic Estate and promised support for renovating the residence of Lieutenant General Lee, a figure in the resistance against Japanese occupation who was falsely accused and executed during the KMT-led era. Lai highlighted his commitment to economic development and human rights protection.
    2024/01/04 14:44
  • Emotional Ko reflects on father’s wishes during debate

    Taiwan People’s Party (TPP) presidential candidate Ko Wen-je became emotional during a debate when reminiscing about his father’s wishes for him to become a hospital director. During the debate, Democratic Progressive Party (DPP) candidate Lai Ching-te accused Ko of devaluing farmland by converting it into parking lots. Ko admitted that his father had purchased the land for him but emphasized that it was intended for agricultural use, not for building a hospital. Ko expressed regret for not fulfilling his father’s expectations but defended his land purchases, stating that the focus of the debate should be Taiwan’s future rather than his personal real estate affairs.
    2023/12/30 18:40
  • Hou Yu-ih threatens legal action over smears by DPP

    KMT presidential candidate Hou Yu-ih vows to sue those smearing his family over ongoing accusations about their real estate holdings. The DPP has targeted Hou’s family’s rental apartments and land case in Xinzhuang district, making it a focal point of the election campaign. Hou, a former criminal police, emphasizes his wife’s role in managing the home while he is away for work. He claims the apartments and land were inherited from his wife’s parental family. Hou condemns the DPP’s use of malicious language and views it as a violent electoral tactic. He expresses his outrage and announces his intention to use legal means to protect his family.
    2023/12/30 15:50
  • KMT candidate’s wife clarifies building ownership

    Jen Mei-ling, wife of Kuomintang’s (KMT) presidential candidate Hou Yu-ih, clarified that a building being claimed as their own is actually a legacy from her father and not part of Hou’s property. The building has become a topic of discussion in the upcoming 2024 elections due to its high rent and proximity to Chinese Culture University. Jen stated that the property has over 50 vacant houses, which will be used to provide rent subsidies for low-to-moderate-income families and young students through donations. After the leases expire in June 2026, the plan is to convert the property into social housing for the youth and communal accommodations for rent. Initially, the building was leased and managed by Shin-Kong Life Real Estate Service Co., Ltd., with rental prices determined by Shin Kong Life Insurance. Jen announced that the vacant apartments will be subsidized for young families with an annual income of less than NT$1.33 million and a per capita monthly income below NT$56,000. Existing tenants can also apply for the subsidy, with rates of NT$6,400 for single rooms and NT$7,000 for two-person rooms per month. In her public letter, Jen addressed the accusations, highlighting Hou’s integrity during the election process and apologizing for the family issue.
    2023/12/27 15:10
  • Taiwan’s Legislative Yuan amends new property tax law

    Taiwan’s Legislative Yuan has passed a law amendment known as "Housing Tax 2.0," which will raise the residential property tax. The new tax will take effect on July 1, 2024, with taxation beginning in 2025. The Ministry of Finance estimates that around 4.45 million households will be affected by the revised tax, with approximately 3.1 million households benefiting from a preferential tax rate for single residency. This could potentially generate an additional revenue of NT$2.27 billion to NT$3.27 billion. Under the new system, residential properties will be categorized as "self-use" or "non-self-use," with a national limit of up to three properties classified as "self-use." The house tax will continue to be collected annually from May 1 to May 31, based on ownership from the prior year’s July 1 to the current year’s June 30. The amendment also requires that "self-use" residences meet household registration requirements in addition to the existing provisions regarding rental and occupancy by the owner, spouse, or direct relatives. The tax reform will have a significant impact on 10 municipalities that have not yet implemented the housing hoarding tax. To support the legislative changes, four supplementary regulations will be introduced, including differential tax rate modules, calculation formulas, principles for determining the number of household property holdings, and revisions to the organization of the Real Estate Evaluation Committees. All subsidiary regulations are scheduled to be amended by July 1, 2024.
    2023/12/20 18:10
  • Taiwan sees first real wage decline in seven years

    Taiwan’s average regular earnings for employed workers increased by 2.49% from January to October, reaching NT$45,441. However, this growth is the lowest in the past three years, with total earnings, including bonuses and other irregular income, only up by 1.53%. The average monthly real wage slightly increased by 0.06% to NT$41,370, while the average total real wage decreased by 0.87% to NT$53,960, the first decline in seven years. This decline is attributed to a decrease in year-end bonuses following a cooling economy and a decrease in exports. Despite an overall increase in employment of 10,000 workers compared to last year, the manufacturing industry saw a significant drop of 27,000 employees due to economic adjustments. In October, the average regular wage was NT$45,564, up 0.13% from the previous month and 2.31% year-on-year. Part-time workers’ average hourly regular earnings increased marginally to NT$200, reflecting a 1.01% year-on-year gain. While industries such as arts, entertainment, and leisure services, as well as real estate, experienced wage increases, sectors like computer, electronic, and optical product manufacturing saw significant decreases in total wages by 18.54%. The employment numbers in manufacturing have been impacted by export decline, with an increase of 10,000 employed workers from January to October. The industrial sector saw a decrease of 0.63%, while the service sector grew by 0.67%. Accommodation and food services experienced a growth of 13,000 jobs, arts, entertainment, and leisure services saw an upsurge of 7,000, but manufacturing was hit with a reduction of 27,000 employees.
    2023/12/12 10:17
  • Interior Ministry boosts funds for religious property law

    The Ministry of the Interior in Taiwan has announced that it will allocate NT$10 million for the implementation of the Provisional Act Governing Religious Groups Registering Real Estate in the Name of a Natural Person. This legislation aims to address issues surrounding properties acquired by religious groups but registered under individual names. Minister Lin Yu-chang made the announcement during a visit to Bali Zihuang Tianyi Zhenqing temple, emphasizing the outreach to temples across Taiwan to communicate the details of the Act. In addition, the Ministry plans to increase government subsidies for temple activities, committing an additional NT$15 million to support these communities, a significant increase from the previous annual subsidy of NT$420,000. The Department of Religious and Ceremonial Affairs, established last year, will administer these initiatives, with the new budget allocations facilitated through local governments to ensure a seamless implementation and the preservation of Taiwan’s religious landscape.
    2023/12/08 18:03
  • 拜習不斷更新/美日聯合聲明提及台海 重申維護和平穩定重要性

    台灣時間今天(16日)凌晨,美國總統拜登跟中國大陸國家主席習近平於舊金山百年歷史的「費羅麗莊園」(Filoli estate,又名Bourn-Roth)舉行會談。今年美中雙方就因為間諜氣球、晶片、蔡總統過境美國等事件關係緊繃,讓去年11月拜習於印尼峇里島(Bali)會晤的所營造出的友好氛圍消失,因此拜登在美國時間14日出發去舊金山前表示,拜習會目標是恢復美中正常對話溝通。「我們正努力讓兩國關係變得更好。」「回到正常的聯繫過程,若出現危機,能拿起電話互相交談,確保(軍隊)彼此仍保持聯繫」。中國這方也收起先前情緒高漲的抗美態度,官媒釋出多篇鴿派評論,唱好中美關係。以下是《TVBS新聞網》為讀者整理的拜習會重點摘要。
    2023/11/17 11:50
  • Demonstrators flood the streets ahead of Biden-Xi meeting

    The 2023 APEC summit between the U.S. and China in San Francisco highlights tensions in their relationship, particularly regarding Taiwan. Violent clashes between anti-Xi protestors and supporters of the Chinese president marred the day, with protestors outnumbered and overpowered. The summit aimed to address sensitive issues and find common ground, but the situation became increasingly tense. The White House reiterated its support for the one-China policy while expressing hopes for Taiwan’s development and freedom of choice in trade partners.
    2023/11/16 21:46
  • Chinese President calls for US to address ’Taiwan issue’

    Chinese President Xi Jinping reiterates his stance on the "Taiwan issue" to U.S. President Joe Biden during their 2.5-hour conversation at the Filoli Estate in San Francisco. Xi urges the U.S. to take concrete actions demonstrating non-support for Taiwan independence, halt arms supply to Taiwan, and support China’s peaceful reunification. He presents the U.S. with two choices: strengthen unity for global challenges or retain a zero-sum mentality that leads to instability and division. Xi believes conflicts are unmanageable and emphasizes China’s development promotes rejuvenation without exporting ideologies or plans to overthrow the U.S. He warns against suppressing and containing China’s ambitions.
    2023/11/16 15:39
  • 「拜習會」在費羅麗莊園登場!選址藏玄機 揭秘百年莊園背後故事

    美國之音引述知情人士報導,美國總統拜登(Joe Biden)和中國國家主席習近平11月15日會在具有歷史意義的Filoli Estate(暫譯:費羅麗莊園)會晤。費羅麗莊園建於1915年至1917年間,是美國20世紀80年代著名肥皂劇《Dynasty》取景的地方。
    2023/11/15 10:31
  • 拜習會細節出爐!百年莊園會晤4小時 商討核武限制AI

    美國總統拜登(Joe Biden)與中國國家主席習近平的第二次「拜習會」將於台灣時間明(16日)登場,《美國之音》指出,兩人會晤地點將是遠離APEC會議中心的百年歷史「費羅麗莊園」(Filoli estate,又名Bourn-Roth),知情人士透露,雙方將就一系列雙邊和全球問題進行約4小時的深入會談。
    2023/11/15 09:58
  • Taipei 101 records 2nd highest office rental rate in 2023

    Taipei 101 secures its position as one of the most expensive office spaces in Taipei for 2023, with rental rates on its 69th floor reaching NT$4,803 per ping. Cathay Landmark slightly surpasses this, setting a high bar in the city’s real estate market.
    2023/11/14 12:21
  • Ruentex Development’s new property breaks records

    Ruentex Development Co.’s new real estate property, ’Ruentex Yangbei (潤泰央北),’ in New Taipei City attracted hundreds of buyers who queued up for up to two hours to view the three homes up for sale. The property, located in the readjustment Yangbei district, set a new record for the highest price per ping in the area, with homes selling for over NT$900,000 per ping after negotiations. Each Ruentex Yangbei property is priced between NT$25.92 million and NT$29.52 million, with an average unit price of around NT$720,000 per ping. Situated at the intersection of Sixin First Road and Yangbei Second Road in Xindian, the property consists of three underground floors and 20 above-ground floors, housing a total of 185 units. Despite concerns about a cooling property sector, the strong demand for these properties since their launch in 2021 has surprised many. One online user commented, "It is hard to believe the housing market is cooling, seeing people buying properties like buying vegetables."
    2023/11/07 16:05
  • Property buyers flock to Taiwan’s real estate gem: Taoyuan

    High housing prices in Taipei are pushing people toward Taoyuan and Keelung for more affordable options. Taoyuan’s population has surged, making it a top choice, thanks to excellent transportation links.
    2023/09/11 21:12
  • Taiwan sees uptick in tiny apt. amid soaring housing prices

    Tiny apartments, measuring less than 82.64 square meters (25 pings), have garnered increasing attention in Taiwan’s housing market in recent years, with recent data indicating that the ratio of tiny apartments among the total of property transactions in the first quarter of 2023 was approximately 41.9%
    2023/08/29 16:24
  • Lai Ching-te reiterates housing policies to supporters

    Democratic Progressive Party (DPP) Presidential Candidate Lai Ching-te proposed his three housing policies again at the "National Real Estate Industry Lai Ching-te Support Association" on Sunday (Aug. 27).
    2023/08/28 10:42
  • Taiwan’s finance stable amid China’s property crisis: FSC

    Taiwan’s financial sector is unlikely to be strongly impacted by the ongoing instability in China’s real estate industry, the Financial Supervisory Commission (FSC) said on Friday (Aug. 18).
    2023/08/18 23:16
  • Taiwan parents want property in elite school areas for kids

    Taiwan’s elite school districts thrive as parents invest in housing to secure education for their children. Enrollment strategies reshape housing markets around top schools.
    2023/08/17 23:31
  • Core Pacific Plaza receives ’Oscars of real estate’ awards

    Taiwan-based Core Pacific Development Corporation has celebrated a double win at the International Property Awards (IPA) for its award-winning eco-commercial building, Core Pacific Plaza in Songshan District., Taipei City.
    2023/06/07 12:53
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