Focus Taiwan
Date: 2019/06/07
By: Wei Shu and Frances Huang 

Taipei, June 7 (CNA) Transactions of residential and commercial property in Taiwan’s six largest cities rose about 15 percent from a month earlier in May with momentum extending from April on deferred buying, according to local government land departments.

Data compiled by local governments on transactions of homes, shops and offices in the six cities — Taiwan, New Taipei, Taoyuan, Taichung, Tainan and Kaohsiung — rose to about 22,000 units, an increase of 14.9 percent from a month earlier. The May figure was also up 7.8 percent from a year earlier.

The strong showing in May was a product of continued momentum from April, when transactions of residential and commercial property increased 4.1 percent from a month earlier and also rose 28.1 percent from a year earlier.    [FULL  STORY]