Nearly a million a ping: Apartments near SYS station the priciest of all
By Kathryn Chiu ,The China PostTAIPEI, Taiwan -- The unit price of apartment complexes near Sun Yat-sen Memorial Hall MRT Station came in at NT$986,900 per ping (3.3 square meters) in July, topping all others located near metro stations at NT$986,900 per ping.
September 17, 2013, 12:08 am TWN
In a press conference yesterday, Taipei's Department of Land (DOL) revealed July unit transaction prices of apartment complexes along four Taipei Metro lines of Wenshan-Neihu, Tamsui-Xindian, Nangang-Banqiao-Tucheng and Zhonghe-Xinlu.
Covered in the DOL's research were apartment buildings without elevators and five or fewer stories high, and apartment complexes with elevators and six or more stories high, all sitting within 500 meters of a metro station along the four lines.
The highest unit price per ping of near-metro apartment complexes was seen around Sun Yat-sen Memorial Hall Station along the Nangang-Banqiao-Tucheng Line, standing at NT$986,900 per ping. The highest unit price per ping of near-metro apartment buildings registered appears around Dongmen Station on the Zhonghe-Xinlu Line. The highest unit price per ping of near-metro apartment buildings near Sun Yat-sen Memorial Hall Station was NT$779,500.
The lowest unit prices per ping of near-metro apartment complexes and apartment buildings both appeared around Longshan Temple Station along the Nangang-Banqiao-Tucheng Line at NT$408,300 and NT$340,000 respectively.
Regarding the number of transactions, apartment buildings and complexes near Zhongshan Elementary School Station along the Zhonghe-Xinlu Line surpassed equivalents near any other metro stations.
In terms of individual metro lines, the highest unit price of apartment buildings and apartment complexes along the Wenshan-Neihu Line saw NT$801,200 per ping and NT$946,100 per ping.
The lowest unit prices of apartment buildings and apartment complexes along the Wenshan-Neihu Line were NT$389,100 per ping and NT$409,300 per ping. Separately, Nangang Software Park Station, Donghu Station and Liuzhangli Station stood the top three notches, regarding the number of transactions along the Wenshan-Neihu Line.
Along the Tamsui-Xindian Line, Gongguan Station saw the highest unit price of apartment complexes at NT$938,900, mainly propelled by relatively new economic suites.
Unit price per ping in late July for apartment buildings near Guting Station and Zhongxiao Xinsheng Station were NT$644,200 and NT$704,300.
while equivalent for apartment complexes near the same were NT$812,000 and NT$844,000.
Ping is a measure of area specifically used in Taiwan, South Korea and Japan. Per ping amounts to 3.3058 square kilometers.