Reported 8 months ago
According to UDN, Taipei's store rental market has seen a strong rebound with a record high number of rentals, surpassing pre-pandemic levels. However, store sales remain at a record low, even lower than during the pandemic. Experts attribute the discrepancy to factors such as high purchase costs affecting sale prices and lower overall rental investment returns, leading many investors to hold back on buying stores except for prime locations. The article also highlights an increase in sales of old standalone store properties, driven by scarce land in prime commercial areas and the potential for redevelopment and stable rental income during the waiting period.
Source: YAHOO