Oversupply of new buildings in Taiwan, property prices to be digested, real estate developers are expected to fall in property prices this year

Taiwan is the third hot spot for Hong Kong residents

According to statistics from the Immigration Department of the Ministry of Internal Affairs of Taiwan, in 2016, a total of 1086 Hong Kong residents immigrated to Taiwan to issue a residence permit, setting a new high for Hong Kong people to immigrate to Taiwan. It is easier to buy a home in Taiwan, and Taipei is still the first choice for Hong Kong immigrants. Hu Weiliang, founder of Pinjia Construction, said that in 2018, the supply of new buildings in Taiwan reached as many as 80,000. In 2018, it was close to the total number of new homes sold in recent years. He believes that house prices will fall slightly in 2019, mainly because inventory accumulation is still high. I believe that it will not be renewed until the market digests.

Hu Weiliang said that in the 2018 local elections in the 1818, the Kuomintang, which advocated economic development, won the competition and regained confidence in the economic development of the future. This stimulated the atmosphere of the property market and the transaction volume also increased last year. On the other hand, a large number of surplus houses combined with a large number of new buildings for sale caused by the two-year construction and photo-production volume have increased the supply of new homes. Therefore, he estimates that the property market in 2019 will be a slight drop in prices and transactions. The rising market pattern.

South Korea’s Yupin economy, Kaohsiung’s turnover increased

He continued, from the perspective of individual markets, Kaohsiung’s property market can increase the transaction volume under the premise of South Korea’s Yujiao government’s efforts to fight for the economy. However, due to the vast hinterland of the Kaohsiung area, there are many land to be built. Property prices may show a slight decline in prices and an increase in trading volume. Due to the heavy burden of manufacturing in Taichung, under the Sino-US trade conflict, there may be a large number of Taiwanese retreats. Therefore, high-end market prices still support, and the region will have a steady increase in prices. The property price of Taoyuan was actively engaged in infrastructure construction by the mayor Zheng Wencan, which made Taoyuan’s population grow steadily in recent years, which also pushed up the price of Taoyuan. According to the current situation, Taoyuan’s property prices and transaction volume have a slight increase.

Taipei’s new supply limited, property prices have little room to fall

As for the Greater Taipei area, Hu Weiliang said that Taipei City is still the only comprehensive center for political, cultural, economic, and medical care, and its status will be difficult to replace. In addition, there is no land to be built in Taipei, so the number of new houses launched every year. Limited, as long as the property price drops slightly, it will attract the public to “get on the bus”. However, Taiwan’s economy is still weak. There is too much room for luxury homes to fall in price. Other small and medium-sized houses are in short supply, and property prices are still firm. In addition, the gradual implementation of traffic construction in New Taipei City may lead to a gradual decrease in the price gap between Taipei City and New Taipei City, but because the residential area of ​​Taipei City is only 225%, far smaller than the neighboring New Taipei City (300%), Taipei The property price of the city is still difficult to fall to the price level of neighboring New Taipei City.

Taiwanese returning funds to boost the price of Taichung

Xinyi House pointed out that Taiwan’s property prices have been in a downturn. In the first half of the year, the number of Taiwan’s construction transactions has reached 143,200, an increase of 5.2 percentage points year-on-year, a record high of nearly five years, and Liuduzhong’s performance in Kaohsiung is 28.7%. The highest, followed by New North, Taoyuan, Taichung and Tainan, also increased compared with the same period of last year, including New North Year increased by 2.1%, Taoyuan increased by 7%, Taichung and Tainan increased by 5.5% and 7.1% respectively; as for Taipei, it was equivalent to the same period last year. . In terms of price, Shuangbei property prices continued to rise. The other quarters of Taoyuan, Hsinchu and Kaohsiung were both within 0.5%, while Taichung benefited from the reversal of Taiwanese investment, and property prices showed a significant increase. Not all, the market buying in various metropolitan areas is still based on self-occupation demand. In the absence of significant improvement in the economic environment and income of residents, home buyers are biased towards older, more peripheral areas, or will become market developments. Do not ignore the key points.

Xie Zhijie, senior manager of Yongqing Housing Management Department, said that according to the survey of real estate trends in the third quarter of Yongqing Housing, the intention to invest in home buyers is rising, and buying and selling rents can pay attention to the surrounding areas of colleges and universities. According to the statistics of colleges and universities, the number of students in the colleges and universities is Taiwan University. There are 31,745 students in 2018, and the number of students in private universities is Fu Jen University, with a total of 26,176.

Buying a building and renting can pay attention to the campus around the college

Xie Zhijie said that in addition to looking at the number of students, the choice of rent-collecting renters depends on the rate of increase or decrease in recent years. Traditional schools or top-ranking schools usually do not change much. According to the rented housing case published on Yongqing Fangzhong Online, the surrounding 800 meters range is between NT$350 and NT$300 per month, and the rent collection rate is about 2.1% to 4.7%. Xie Zhijie explained that Tamkang University is located in the freshwater district of New Taipei City. It is a private traditional school with a student population of 25,000. However, the number of dormitory beds provided by the school is only about 2,900. Beds are in short supply and students have higher demand for renting houses. It is also a good area for rent collection.


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