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  • Older people in Taiwan struggle with homes lacking elevators

    Explore how Taiwan’s impending status as a super-aged society by 2025 highlights the challenges older residents face in apartments without elevators. This report delves into the struggles of the elderly, including the story of 73-year-old Ms. Lee and the call for improved housing policies to support an aging population.
    2024/07/18 15:54
  • New Taipei breaks ground on Da Chen Urban Renewal Project

    New Taipei City’s groundbreaking Da Chen Urban Renewal Project in Yonghe District aims to enhance safety and living conditions by 2028, reflecting residents’ relief and anticipation for their new homes.
    2024/07/12 17:21
  • TPASS boosts real estate around Taiwan rail stations

    TPASS’s first anniversary has influenced Taiwan’s real estate market, particularly around TRA stations, boosting sales and housing prices. Learn more about the impact on specific stations.
    2024/07/08 14:18
  • Taiwan’s CPI hits 4-month high with 2.42% increase in June

    CPI up 2.42% in June, highest in 4 months Fruit prices soared 22.60%, rents and dining out rose Egg prices fell, core CPI grew 1.83% annually Medical costs up 3.78%, housing rose 2.27%
    2024/07/05 17:06
  • New measures for youth home loans announced by MOA

    Discover how Taiwan’s Ministry of Agriculture is enhancing its loan process for young homebuyers, including stricter pre-loan reviews and a self-residency commitment, to prevent misuse and ensure benefits reach the intended recipients.
    2024/07/01 17:52
  • Taiwan’s economic growth overshadows wealth gap

    Explore how Taiwan’s growing wealth gap contrasts with its economic success, with insights on the influence of tax and housing policies on inequality.
    2024/06/26 18:06
  • Taiwan faces urban renewal challenges with aging houses

    Explore the challenges and progress of urban renewal in Taiwan, where the aging housing stock and recent earthquakes have pushed the need for more effective renewal strategies and government involvement.
    2024/06/19 16:49
  • Funeral Parlor in Taipei to become parking, green space

    Discover the future of Taipei’s urban landscape as Mayor Chiang Wan-an announces the demolition of the Taipei First Funeral Parlor, paving the way for new green spaces and potential development. Learn about the city’s plans and community hopes.
    2024/06/12 14:16
  • Aging Taipei homes prompt urban renewal push

    Explore how Taipei is improving disaster response and promoting urban renewal in response to the risks posed by aging infrastructure. Mayor Chiang Wan-an highlights new technologies at the SusHi Tech Tokyo 2024.
    2024/05/30 17:35
  • Taiwan’s average house loan hits record NT$9.7M in Q4 2023

    Discover the latest on Taiwan’s housing market: The average mortgage loan for home purchases hit a record NT$9.705 million in Q4 2023, reflecting the ongoing challenge of high housing prices despite government efforts. Learn more about the impact and responses.
    2024/05/21 15:49
  • Taiwan boosts Hualien tourism with subsidies post-earthquake

    Discover how Taiwan’s Ministry of Transportation and Communications is revitalizing Hualien’s tourism with a NT$5.3 billion recovery plan following an earthquake. Learn about subsidies for accommodations, the promotion of local tourism, and significant investments in housing and railway system reconstruction to ensure the region’s swift recovery and appeal to visitors.
    2024/05/02 18:07
  • Cross-Strait relations tense over ECFA tariff changes

    Taiwan’s Mainland Affairs Council warns that China’s reduced tariff concessions under the ECFA could harm cross-strait companies, criticizing China’s trade sanction threats and efforts to attract Taiwanese youth with housing and entrepreneur parks.
    2024/04/26 13:25
  • 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
  • Lawmaker proposes public review for electricity prices

    Kuomintang caucus whip Fu Kun-chi proposes amendment to The Electricity Act for public scrutiny of electricity price fluctuations amid impending price hike. Fu warns of potential impact on commodity prices and housing costs, criticizes current energy policies as flawed. Calls for national congress oversight and public review of electricity price changes.
    2024/03/27 15:41
  • 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
  • Tainan City Gov’t turns closed TSU campus into public park

    Discover the transformation of Taiwan Shoufu University (TSU) in Tainan, the first private educational institution repurposed by local authorities. Explore how the campus will evolve into a multifunctional park housing government offices, marking a significant shift in the area’s landscape amidst Taiwan’s changing higher education scene.
    2024/02/29 11:31
  • Honduras’ unsettled US$440 million debt to Taiwan

    Honduras owes Taiwan approximately US$440 million (NT$13.8 billion) in debt, which has accumulated over several years and remains unpaid even after severing diplomatic ties with Taiwan in favor of China. The decision to end over eight decades of relations with Taiwan and establish diplomatic ties with China was made on March 25, 2023. The current president of Honduras, Xiomara Castro, did not borrow any additional funds from Taiwan, with the last loan of US$300 million being acquired by her predecessor, Juan Orlando Hernández, in 2019. These funds were primarily used for housing reconstruction, school facilities, and nutritional lunches. Honduras hoped that establishing diplomatic relations with Beijing would result in greater economic support and loans from the Chinese government. However, the country’s white shrimp exports were affected following the diplomatic break with Taiwan. As a result, Honduras has turned to China for similar tariff preferences.
    2024/02/16 14:33
  • TSMC’s potential 1nm factory fuels Chiayi housing boom

    Housing prices in the Science Park in Taibao, Chiai County, have significantly increased due to the possibility of Taiwan Semiconductor Manufacturing Company (TSMC) establishing a 1-nanometer factory in the area. Although the news is not confirmed, the anticipation has led to a surge in pre-sale housing prices, with pre-sale apartment buildings increasing by 8.8% and townhouses rising by 12.6% between 2019 and 2023. TSMC has expressed its land needs to the Southern Taiwan Science Park Management Office, but the final decision to set up the factory depends on various factors. According to the Ministry of the Interior’s statistics, the price per ping in Chiayi County has soared by 65% from NT$101,500 to NT$167,100 between the first quarter of 2018 and the third quarter of 2023. Analysts believe this trend could continue as Chiayi County actively promotes industrial transformation and has six emerging industrial parks, including the potential site for the TSMC factory, the Chiayi Science Park. With the addition of nearby Tai Sugar Corporation’s land, it may meet TSMC’s requirement for a 100-ping plant. Despite the migration issue in predominantly agricultural Chiayi County, TSMC’s factory has the potential to stimulate the housing market by attracting younger out-of-town individuals and influencing the county’s buying and leasing market.
    2024/01/23 16:17
  • Hou Yu-ih aids homeless in cold snap initiative

    New Taipei City Mayor Hou Yu-ih personally visits homeless individuals, distributing cold-weather supplies to aid the less fortunate during the winter chill. The city government has initiated cold-weather care protocols, providing temporary housing and resources for the homeless. District offices, volunteer groups, and community chiefs proactively comfort solitary seniors by phone, providing cold-weather health information and checking on their well-being. The government also reminds residents to prioritize line safety and ventilation when using heating equipment or water heaters to avoid carbon monoxide poisoning. These measures aim to ensure a safe and comfortable winter season for all in New Taipei City.
    2024/01/22 17:57
  • Taiwan’s presidential candidates address housing crisis

    Taiwan’s 2024 presidential candidates focus on housing issues to win young voters’ support. Opposition parties criticize the incumbent president’s housing track record. Experts raise concerns over rising costs.
    2024/01/07 17:37
  • Fact-check center debunks Ko Wen-je’s social housing claims

    Taiwan FactCheck Center refutes Ko Wen-je’s claim that most of Taiwan’s social housing units were completed during his tenure. As of August 2023, Taiwan had a total of 27,781 social housing units, with 6,253 existing residences and 21,528 newly completed units. During Ko’s term as mayor until 2022, a total of 11,383 social housing units were built or constructed, including units initiated by his predecessor, Hau Lung-pin. Of these, only 5,062 units were started and completed before August 2023 under Ko’s administration, accounting for just 23.51% of the nationwide newly completed total. When factoring in Hau’s units, projects completed under Ko’s term totaled 6,359 units, or 29.54% of the nationwide total. These figures contradict Ko’s claim of being responsible for "most" of the social housing projects. The factual data reveals a significant discrepancy between his statement and the reality.
    2024/01/06 17:10
  • New tax structure aims to ease burden for low-income groups

    The Taiwanese government has optimized the income tax system, allowing certain individuals and families to be exempt from income tax. Single individuals renting housing with a yearly income below NT$626,000 will not have to pay individual income tax when filing next year. Additionally, families with two parents and two young children and an annual income below NT$1.641 million will also be exempt. Approximately 47% or 3.05 million Taiwanese households were exempt from income tax in 2021 due to the optimized scheme, which includes increased deductions. Minister of Finance Chuang Tsui-yun clarified that this exemption is not due to poverty. The deductible amount for single individuals renting outside their home area making less than NT$626,000 could exempt them from taxes. For two-income families renting a house, the deductible amount on income tax could reach NT$1.072 million, while a family of four with two children under six could deduct up to NT$1.641 million. If they live with seniors aged 70 or older, the deductible amount could exceed NT$2 million.
    2024/01/05 18:28
  • Ko highlights Taiwan’s challenges under DPP rule

    Taipei mayoral candidate Ko Wen-je criticized the Democratic Progressive Party’s (DPP) governance in Taiwan, pointing out various shortcomings such as shortages of land, water, electricity, talent, and labor during Lai Ching-te’s tenure as premier. Ko also claimed that Taiwan is currently lacking eggs, pork, vaccines, health screening resources, and even toilet paper. He further highlighted present issues including low birthrates, national security risks from an aging population, wage stagnation, inflation, slow industrial transformation, and high housing costs. Ko accused the government of not allocating special budgets for expenditures, resulting in an alleged surplus of NT$900 billion, and criticized their lack of transparency. He expressed disappointment with the DPP’s failure to address issues left by the Kuomintang (KMT) after eight years in power. Additionally, Ko mentioned that Taiwanese people generally feel insecure about the current status of the Taiwan Strait, which has caused societal discord, political factions, and cross-strait unrest.
    2023/12/30 17:05
  • Hou Yu-ih lists DPP’s ’top ten’ policy failures in 8 years

    The Kuomintang (KMT) presidential candidate, Hou Yu-ih, listed the ten major policy failures of the ruling Democratic Progressive Party (DPP) during a livestream presidential debate. These failures include ineffective energy policies, food safety violations, deteriorated public security, debt burdening future generations, critical issues in people’s livelihoods, housing injustice, rising cross-strait military threats, plummeting wages, skyrocketing house prices, and ineffective pandemic responses. Hou elaborated on specific examples such as solar power corruption, tainted food black market dealings, overspending on "forward-looking" infrastructures, a lack of electricity and water, regulatory failure in the National Communications Commission (NCC), failed social housing policies, the threatening potential of military conflict, income inequality at a ten-year high, and around 20,000 deaths during the COVID-19 pandemic. Hou expressed regret over his opponent, DPP presidential candidate Lai Ching-te’s campaign methods, accusing him of slander and displaying incompetence and unscrupulousness. Hou confirmed his opposition to Taiwanese independence while claiming that Lai advocated for it. He also criticized former Taipei Mayor and current Taiwan People’s Party (TPP) presidential candidate Ko Wen-je for not responding to this issue. Hou emphasized his lifelong pledge to remain loyal to the Republic of China’s flag and safeguard Taiwan’s democratic freedom.
    2023/12/30 15:47
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