Reported about 1 year ago
As housing prices in Taipei remain high, even old properties are fetching prices in the millions, raising doubts among potential buyers. A recent post on a forum highlighted Taipei apartments aged 40 years selling for 20 to 30 million, questioning if anyone would actually make such a purchase. Responses varied, with some pointing out the appeal of older properties in good locations as well as the potential for future urban renewal projects. The debate has sparked discussions on the longevity and value of older apartments in the city.
Source: YAHOO