Reported 7 months ago
After 20 years of development, Taoyuan's art and culture district has become one of the premier areas in Taoyuan. With limited new construction due to surrounding land being mostly developed, the upcoming opening of the Green Line MRT and the addition of the Jing Station Department Store, combined with Taoyuan being a 'price dip area' compared to Taipei and New Taipei City, continue to attract local and first-time homebuyers from the northern regions. The area's high population density and convenient transportation, along with reasonable property prices, contribute to quick turnovers and stable prices. Prospective buyers are mainly interested in 10- to 20-year-old elevator buildings with two or three bedrooms, ranging from around 10 to 18 million NTD, making the art and culture district an increasingly popular choice for those looking to establish roots outside of Taipei City.
Source: YAHOO