Land Transactions in H1 Dominated by Residential and Commercial Sectors; Experts: Two Factors Likely to Further Boost Housing Market

Reported 12 months ago

Real estate appraisal firm, Jones Lang LaSalle, released the second-quarter market dynamics report showing that land transactions in H1 have surpassed 1 trillion NT dollars, with residential land demand remaining high and the New Taipei-Anhua housing loans heating up, potentially driving up housing prices despite stagnant market conditions. Residential and commercial land transactions continue to dominate, reflecting stable demands from developers and manufacturers, as well as an uptrend in transaction prices due to selective bidding. The article also discusses specific high-value land transactions and predicts a potential record-breaking year for property transactions due to increasing demand and inflation expectations.

Source: YAHOO

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