From Waste to Gold! Private Entities Invest Billions in Buying Yangmingshan Land, Experts Reveal Main Reason: ESG Policies Effective

Reported 8 months ago

According to experts, previously overlooked restricted land is now seeing a surge in interest under ESG topics. Two transactions involving Yangmingshan restricted area land were recorded last year and this year, totaling around 242 million and 153 million respectively, with buyers being private entities. Analysts suggest this shift may be related to preparations for environmental sustainability issues. The difficulty in developing Yangmingshan land, with price differences of up to 200 times compared to foothills, is also highlighted in the report.

Source: YAHOO

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