Property deals pick up in south, but slump in north

Taipei Times
Date: Apr 06, 2019
By: Crystal Hsu  /  Staff reporter

Property transactions in the six special municipalities totaled 18,365 units last month, a 1.5 percent fall from the same period last year, as buying interest picked up in southern Taiwan, but lost steam elsewhere, real-estate brokers said.

Housing deals gained 26 percent in Kaohsiung to 3,808 units, making it the only bright spot, attributable mainly to the completion of a presale residential complex and the inauguration of a pro-business mayor, the nation’s largest broker Evertrust Rehouse Co (永慶房屋) said.

Neighboring Tainan also posted a 6 percent pickup in housing deals to 2,001 last month from a year earlier, according to data from the local government.

Property trading held steady in Taichung with 3,222 units, and declined between 4 percent and 29 percent in Taoyuan, New Taipei City and Taipei, local governments’ data showed.    [FULL  STORY]

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