Reported about 1 year ago
Property prices in Kaohsiung are soaring, especially in the Nanzih District where land prices have reached 1.51 million NTD per ping. The Nanzih District has seen active land acquisitions by developers, such as the recent purchase by the Nantian Group Chairman Cai Tianzan of a motel in the Nong 16 special district for 2.58 million NTD per ping. Another high-priced transaction involved a 1508.3-ping commercial land in the same district, but the rumored buyers, Mod and Jun Du institutions, denied any involvement. These transactions have sparked discussions in the market, with speculation on the identity of the buyers.
Source: YAHOO