Breaking News, World News and Taiwan News.

Home transaction prices site to debut today

A government website showing real transaction prices of properties will debut today, a milestone for Taiwan's real estate where a lack of price transparency had been criticized for years.

The first batch of 20,000 sales since August and their real deal-closing prices will be unveiled today, and the database will keep adding up, said Wang Ching-hsiu, deputy head of the Land Administrative Bureau under the Ministry of the Interior.

Experts mostly gave their approval for the system. β€œThe difference between offering prices and final transaction prices had been kept secret from us for the longest time. Now, the emperor's new clothes will be revealed,” said Chang Chin-er, professor with National Chengchi University, citing Hans Christian Andersen's famous story.

At a news conference hosted by Wang yesterday, she said the transaction data will be divided into three categories β€” namely typical properties, leased properties and pre-construction properties β€” for people to look up based on their needs.

The properties can be sorted by district, street name, type of property, price, area and transaction date, she said.

The website is http://lvr.land.moi.gov.tw/N11/homePage.action(Chinese only)

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   Terms of Use  |   Sitemap
  chinapost search