Taipei 2nd in housing prices in Greater China

Housing prices in Taipei rank second at NT$562,000 per ping, followed by Beijing at NT$527,000 per ping.

In the past year, housing prices in Taipei rose 4.1 percent, while properties in Beijing, Shanghai and Shenzhen saw increases ranging from 8 to 11 percent in the same period.

Housing prices are expected to continue rising this year, due to the loosening of regulatory policies and increased cross-strait commerce, leading to an increase in demand for housing and rentals on both sides, according to a Taiwan-based real estate agency.

While they may help to slow the pace of rising housing prices, government policies will not have a significant impact, as the markets in China and Taiwan grow increasingly interconnected, the real estate agency said, adding that they have begun to collaborate with realty firms in China to expand their revenues.

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4 Comments

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March 6, 2013    red_marshal@

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This seems fishy. Where is Hong Kong on this list? Which real estate firm did this survey?

March 8, 2013    CURTISAKBAR@

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EASY SOLUTION, PROMOTE BUSINESSES AND ECONOMIC GROWTH IN OTHER CITIES. TAIWAN IS BI-POLAR, EITHER TAIPEI OR KAOHSIUNG, THE REST OF THE ISLAND IS LEFT TO ROT WITH SHABBY ROADS, RUBBISH HOSPITALS AND IDIOT SCHOOLS.

March 10, 2013    olichu@

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The survey was done by a local real estate agency...JOKE! Can't be taken seriously. It is just stating the obvious. The real estate market in Taiwan is a scam!!!

March 14, 2013    taipeir2001@

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Made up numbers...and pick and choose the cities.

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