Taiwan News
Date: 2015-11-26
By: Central News Agency

Taipei, Nov. 26 (CNA) Along with Taipei’s sky-high housing prices, buying a parking space in the capital city is a very costly endeavor, with the most expensive one priced at NT$8.2 million (US$252,392), according to surveys conducted by local realtors.

The most expensive parking spaces were found to be those at a luxury compound in the Xinyi District, which were sold at NT$8.2 million each in July 2014, the realtors said. The compound itself is also among the most expensive houses in Taipei.

Lang Mei-nan of Great Home Realty said that expensive houses usually come with costly parking spaces. With a budget of NT$8.2 million, some could afford to buy an apartment in neighboring New Taipei, Lang said, trying to explain how expensive such a parking space is.     [FULL  STORY]