Reported about 1 year ago
In a recent deal near the Guandu area of Beitou District in Taipei, a roughly 106-year-old mansion covering about 567 ping of land was sold for nearly 2.8 billion NTD. This indicates the increasing interest in transactions involving old homes due to ongoing urban renewal discussions in the city. The surrounding area's development potential and scarcity in the presale market are driving up property prices, with experts estimating that new property prices in the area could reach at least the six-digit range. This sale sets a record for the highest transaction amount for a century-old house in recent years.
Source: YAHOO