Reported 8 months ago
According to Taipei City's land data, the 39-year-old hotel 'Anhe Boutique Hotel' in Daan District was sold for 918.9 million in February this year. Experts suggest that besides operating the hotel, it could also be redeveloped for elderly care facilities or rebuilding luxury homes, making it an excellent investment target. Transactions in Taipei, including 'Taipei Lutetia Hotel' and 'Ximending Diary Six Happiness Hotel', have been brisk, with prices ranging from 260 million to 540 million. The recovery of the hotel industry post-COVID-19, coupled with the scarcity of land in the Taipei area, has attracted many developers to invest in such properties.
Source: YAHOO