Page 10 - Mandy Lang News Today

A total of 3,389 homes were foreclosed in the first 10 months of this year, down 20.3 percent year-on-year and the lowest number ever recorded for the period, as distressed properties dwindled due to excessive liquidity and low interest rates, analysts said yesterday. Great Home Realty Co (大家房屋) lead researcher Mandy Lang (郎美囡) said the results did not surprise her because Taiwan’s property market was resilient during the local COVID-19 outbreak, thanks to a healthy economy, low ...

The number of housing transactions in Kaohsiung rose to a six-year high last month after Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) announced its plan to build a wafer fab in the southern city, data compiled by Taiwan’s six special municipalities showed on Wednesday. Transactions of homes and commercial real estate totaled 4,715 units, up 15.6 percent from a month earlier and up 26.1 percent from a year earlier, the data showed. The growth in Kaohsiung topped that of the other fi...

Home ownership in Taiwan’s six special municipalities picked up in the first three quarters, with further acceleration expected as sales untether from local COVID-19 restrictions and unfavorable policy measures, H&B Realty Co (住商不動產) said last week, citing government data. The broker attributed the uptrend to real demand, excessive liquidity and ultra-low interest rates. The ratio of home purchases to total households rose above 2 percent in Taipei, Taichung, Tainan and Kaohsiung...

Property sales climb 9.9 percent from last month By Crystal Hsu / Staff reporter Housing transactions last month climbed 9.9 percent from April and 43.8 percent from a year earlier to 24,754 units in the nation’s six special municipalities, government data showed on Tuesday. Kaohsiung reported the largest monthly increase of 20.7 percent to 4,490 units, followed by Tainan with 17.5 percent to 2,517 units and Taichung with 11.4 percent to 4,303 units, it showed. Housing transactions in Taip...

ADAMS - Every student in this years graduating class at Adams-Friendship High School class has been accepted to Mid-State Technical College for the summer and fall 2021 semesters. The partnership between the Adams-Friendship School District and Mid-State is the first of its kind in the area. The effort advances 60 Forward, a new initiative in the state that aims to move Wisconsin toward a postsecondary education attainment rate of 60% by 2027. As older populations in Wisconsin begin to r...

Housing transactions rise in four municipalities By Crystal Hsu / Staff reporter Housing transactions last month climbed in four of the nation’s special municipalities — Kaohsiung, Taichung, Tainan and Taoyuan — rising by 8 to 19 percent from their levels at the same time last year, underpinned by real demand, real-estate brokerages said yesterday. Taipei and New Taipei City had not released their data for the period. Housing deals in Taoyuan rose 8.9 percent year-on-year to 4,005 units...

Huang Hsiang acquires Sogo Dunnan building By Crystal Hsu / Staff reporter Taipei-based Huang Hsiang Construction Corp (皇翔建設) has acquired the building that houses the Sogo Department store’s Dunnan branch for NT$13 billion (US$458.05 million) through a share swap, government data showed. The developer beat the other bidder, Urban Development Concept Holdings Ltd (志榮建設), after the seller, Jen Ai Co (仁愛企業), reportedly demanded an all-cash payment, scaring away other p...

Property brokers welcome Legislative Yuan revisions By Crystal Hsu / Staff reporter Property brokers yesterday welcomed legislative revisions governing property transactions, saying that the changes would make the market more transparent and price manipulation more difficult. The legislature yesterday approved a bill that requires the disclosure of the full address of a property that is sold, rather than just the neighborhood. It also stipulates that transfers of presale housing units be subj...

Property purchases by foreigners decline 14.4% By Crystal Hsu / Staff reporter Property purchases by foreigners declined 14.4 percent year-on-year in the first 10 months of this year, as travel restrictions dampened cross-border investment and relocation, analysts said yesterday. Properties acquired by foreigners totaled 966 units between January and October, Ministry of the Interior data showed. The number of land deals fell 37.7 percent to 2,119 over the period. An aerial photograph shows...