Reported 10 months ago
In Taipei, the real estate market is currently avoiding the anti-speculation measures, making developers and sales agents more confident in promoting projects in the second half of the year. According to a recent survey by the 'Living and Building' magazine, there are at least eight mega projects in the northern Taiwan metropolitan area with total sales exceeding a billion NT dollars in the second half of the year. Notable among them is the 'Nangang Train Yard Redevelopment Project' in Taipei with an asset value exceeding 100 billion NT dollars. Experts believe that with the avoidance of new housing speculation measures and the relatively stable decisions from the Central Bank's board meeting, developers are gearing up for a strong push in the third quarter.
Source: YAHOO