Reported 7 months ago
The housing market is booming, boosting developers' confidence in land purchases, with statistics showing that listed property companies in Taiwan have already exceeded 45 billion in land transactions in the first 5 months of this year, doubling compared to the same period last year. Developers are aggressively acquiring lands in major cities, particularly in New Taipei City with the most active transactions. Trends include targeting valuable locations with potential for redevelopment, commercial lands for office buildings, and developing in AI-industry clusters. Corporate land acquisitions for headquarters are also driving market activity this year.
Source: YAHOO