Reported 11 months ago
Recently, there have been rare large-scale land transactions in the deep mountains of Yangmingshan Park. Over recent years, two large land transactions in the Shilin District have totaled up to over 1 to 2 billion NT dollars. The buyers are private legal entities, and the land price is around 8000 NT dollars per square meter. The possible reasons expert cited include large enterprises raising concerns about ESG and carbon tax issues. The lands purchased are part of the Yangmingshan National Park project and are difficult to develop, indicating a preparation for environmental sustainability issues.
Source: YAHOO