Developers In Hsinchu News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Presale projects and newly completed houses last quarter declined 2.8 percent from a year earlier to NT$273.29 billion (US$9.42 billion), despite stable sales, as the market is assimilating to unfavorable policy measures, the Chinese-language Housing Monthly (住展雜誌) said yesterday. The NT$8 billion retreat came as a surprise to explosive growth expectations previously fueled by intensive land plot sales and building permit issuances, the magazine said. The disappointing result was likely due to a shift in sentiment after the central bank last month raised interest rates by 50 basis poin...

Presale and new housing projects in Taiwan’s major municipalities for the upcoming spring sales season total NT$700.7 billion (US$24.64 billion), an increase of 5 percent from a year earlier, as developers are upbeat about sales, Addcn Technology Co’s (數字科技) online realty arm said yesterday. The volume represents a five-year high and includes projects in Taipei, New Taipei City, Taoyuan, Taichung, Tainan and Kaohsiung, as well as Hsinchu city and county, newhouse.591.com (591新建案) said. “The supply side seems unfazed by uncertainty linked to Russia’s invasion of Ukraine an...