Focus Taiwan
Date: 2016/09/17
By: Wei Shu and Frances Huang
Taipei, Sept. 17 (CNA) Amid a slowdown in the local property market, prices of homes near the stations 
on Taipei Metro’s Tamsui-Xinyi Line fell by more than 5 percent year-on-year in the first half of this year, according to the Yung Ching Realty Group (永慶房屋集團), one of Taiwan’s leading property sales agencies.
Citing data compiled based on the government’s home price registration system, Yung Ching Realty said that the prices of residential property located within 800 meters around the stations of the Tamsui-Xinyi Line fell to NT$524,000 (US$16,529) per ping (one ping equals 3.5 square meters) in the past six months, down 5.2 percent from a year earlier.
Even the area near the Taipei 101/World Trade Center station — considered a top-notch business location — took a hit, with home prices there falling by 18.4 percent year-on-year in the six-month period, the steepest fall among the 27 stations on the Tamsui-Xinyi Line, the data showed. [FULL STORY]
