Reported 7 months ago
According to SET News, despite the demolition of a funeral home in Taipei, surrounding housing prices remain high, with an increase of 2.9% in the first quarter of 2023. The demolition was finalized in the fourth quarter of 2023, and recent data shows that the average price per square meter rose from 75.3 thousand NT dollars to 77.5 thousand NT dollars. Housing prices in the funeral home's vicinity are typically 5-10% lower than the district average, due to existing industries and facilities like wholesale markets, temples, and bridges. The relocation of the funeral home and the potential developments in the area are expected to impact the housing market in the future.
Source: YAHOO