By: By Yu Kai-hsiang and Elizabeth Hsu, Central News Agency
Taipei 101’s land value highest in Taiwan’s capital. Taiwan News
The land value of Taipei 101, the landmark skyscraper in the capital’s Xinyi District, was the highest in the city at NT$6 million (US$183,000) per ping, or NT$1.815 million per square meter, according to an assessment by the city government released Wednesday.
It is the third consecutive year that the 508 meter-tall building has won the title of “King of Land” in the city, since it grabbed the title from the Shin Kong Life Tower, situated on Zhongxiao West Road across from the Taipei Main Station, in 2013.
The latter’s land value, officially called “current land value,” was assessed at NT$5.89 million per ping, or NT$1.78 million per square meter. One ping is equivalent to 3.3057 square meters, or 36 square feet. [FULL STORY]