May Saw Highest Number of Property Transfers in Nearly 29 Months Across Taiwan

Reported 12 months ago

According to the latest statistics from the real estate industry, driven by the warming property market in April, the number of property transfers for buildings across Taiwan reached 34,900 in May, marking a 26% year-on-year increase and setting a new monthly record in nearly 29 months. Analysts attribute this surge to the strong performance of the stock market, boosting confidence and purchasing power among homebuyers, optimistic expectations on housing prices, and government initiatives such as the New Immigrant Housing Scheme, which have encouraged young people to buy homes and start families, leading to an overall uptick in property transactions.

Source: YAHOO

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