Taipei Times
Date: Aug 03, 2018
By: Crystal Hsu  /  Staff reporter

The number of property transactions in the six special municipalities totaled 19,700 units last month, a 15 percent increase from the same period last year and 5 percent more than in June, prompting analysts yesterday to say that the recovery is continuing.

Taipei reported the biggest year-on-year increase at 37 percent, with 2,714 transfers, higher than 2,000 for the third consecutive month, the city government’s Web site said.

Relatively affordable houses in Zhongshan District (中山) and the completion of small apartments underpinned the fast pickup, Taiwan Realty Co (台灣房屋) spokeswoman Charlene Chang (張旭嵐) said.

Small apartments have become popular among home buyers and investors due to their lower entry requirements, Chang said, adding that such properties should continue to dominate the domestic housing market for the foreseeable future.    [FULL  STORY]