Focus Taiwan
Date: 2018/03/03
By: Wei Shu and Frances Huang

Taipei, March 3 (CNA) In the first two months of this year, transactions of residential and commercial property in the six largest cities in Taiwan grew almost 10 percent from a year earlier as the local property market continued its uptrend from last year.

According to data released by the governments of the six major municipalities — Taipei, New Taipei, Taoyuan, Taichung, Tainan and Kaohsiung — transactions of homes, offices and shops during the January-February period rose 9.76 percent from a year earlier to 30,640 units.

The growth in the two months followed an 11.85 percent year-on-year increase in 2017, when housing transactions in the cities posted a year-on-year increase for the first time in four years.    [FULL  STORY]