Analysis of Soaring Housing Prices in 16 Districts: One Area Surged Over 20% in One Year

Reported 12 months ago

According to 1111 Real Estate Analysis, housing prices in the six municipalities and Hsinchu have surged by 5.49% to 12.6% in Q1 of 2024. Among various districts, the top five in terms of price increase are Ma Dou at 23.04%, Guanyin at 19.01%, Zhubei at 17.53%, Sanxia at 17.36%, and East District of Tainan at 14.01%. The chairman of 1111 Real Estate, Li Tongrong, suggested that government interventions like the New-Qing-An Campaign, coupled with the booming stock market, have fueled the housing market. The Central Bank of Taiwan is considering further selective credit control measures due to the escalating housing prices.

Source: YAHOO

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