Central Bank Stays Put, Commercial Real Estate Market Receives Praise

Reported 7 months ago

According to reports from Taipei by Tsai Huifang and Guo Jitian, the Central Bank's board of directors decided on June 14, 2024, to maintain its policy interest rate, leading to optimistic interpretations in the commercial real estate market, with industry experts foreseeing a 'stable bullish' outlook. Various trends include the scarcity of high-yield products, challenges for property buyers, and the rise of AI-powered solutions, all contributing to a positive sentiment in the market. Despite warnings about evolving demand and debt structures, recent data shows significant growth in land and commercial property transactions, indicating a resurgence in market activity.

Source: YAHOO

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