Taiwan office rents to record slowest growth in almost eight years
Rents are projected to rise by only 1.2% this year.
Global economic risks have impacted relocation sentiment in Taiwan, and Colliers said in a report that companies are more conservative about the relocation decision and expansion. Tenants need a longer evaluation process or consider lease renewal at the current locations.
“The increasing supply pressure will gradually dampen the rental growth momentum. We expect them to rise by only 1.2% in 2025, the slowest growth in nearly eight years,” the report added.
According to the report, the office vacancy rate in Taipei was at 7.57% whilst the average monthly rent was US$27.93/sqm in H1 2025.