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New Taipei City ranked as No. 1 relocation destination

New Taipei City was the most popular destination for relocation among the six special municipalities in the first half of this year, when 46,000 people moved to the city, Great Home Realty Co (大家房屋) said on Tuesday, citing government data. A total of 659,000 people changed their address nationwide, and New Taipei City stood out as the top choice, compared with Taipei, Taoyuan, Taichung, Tainan and Kaohsiung, Great Home Realty head researcher Mandy Lang (郎美囡) said. Lang attributed ...
T Ai Pei Mandy Lang Jessica Hsu Hb Realty Co Great Home Realty Great Home Realty Co

Revenue from property tax climbs 89% on price trend

Property tax revenue soared 89 percent to NT$17.4 billion (US$582.8 million) in the first six months of this year, buoyed by steep property price increases nationwide, which are expected to slow down in the coming months, as the central bank hiked interest rates, analysts said yesterday. Taichung contributed the most to the revenue, with NT$3.55 billion, followed by New Taipei City’s NT$2.47 billion, Kaohsiung’s NT$2.3 billion, Taoyuan’s NT$1.91 billion, Taipei’s NT$1.81 billion and Tai...
T Ai Pei Yunlin Xian Hsinchu County Xinzhu Xian Nantou Xian Hualien County

Property transactions fall 6.7 percent

Property transactions in the six special municipalities last month totaled 21,304 units, falling 6.7 percent from one month earlier, as COVID-19 infections and monetary tightening weighed on the market, data from local governments showed. The figure represented a 15 percent decline from a year earlier, as the market last year received a boost from ample liquidity, low interest rates and stock market rallies, market watchers said. Taipei was the hardest hit, with the number of transactions reachi...
T Ai Pei Nantou Xian Mandy Lang Charlene Chang Great Home Realty Co Taiwan Realty Enterprise Group

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