Hong Kongers prefer well-located homes in Taiwan priced below NT$30m

Focus Taiwan
Date: 06/21/2020
By: Tsai Peng-min and Evelyn Kao

CNA file photo

Taipei, June 21 (CNA) Well-located homes in Taiwan priced at NT$30 million (US$1.01 million) or less that allow convenient access to facilities and public transport systems are a main draw for most Hong Kong people who have emigrated to Taiwan and are seeking property here, according to Taiwanese real estate companies.

The number of people from Hong Kong and Macau with household registration in Taiwan has been on the rise over the past few years, up from 6,193 in 2015, 9,549 in 2018 to 11,000 in 2019, a record high and an increase of 15.3 percent from a year earlier, according to Ministry of the Interior statistics.

The anti-extradition bill protests that raged in Hong Kong last year have spurred more people to emigrate to Taiwan, giving a boost to Taiwan's real estate market, real estate brokers said.

Taiwan's good living environment and cheap commodity prices, plus relatively low housing costs compared with Hong Kong have therefore attracted many Hong Kongers to emigrate to Taiwan over the past few years, according to Continental Development Corp. Chairman Chang Liang-chi (張良吉).    [FULL  STORY]

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