Reported 8 months ago
In the past year, Taiwan's stock market has risen by over 6,000 points, leading to the strongest capital market in 35 years and a boom in the pre-sale housing market. With over 13,000 pre-sale houses traded in a single month and a total transaction amount exceeding 200 billion NT dollars, the average total price of pre-sale houses in seven major cities has soared to a historic high, surpassing 20 million NT dollars in New Taipei City and nearing 20 million NT dollars in Hsinchu. This surge is attributed to increased purchasing power, driven by the rise in stock market capital supporting the real estate market.
Source: YAHOO