Taiwan commercial property deals stay near record highs on AI boom

Transaction volumes for commercial property surpassed NT$161b in 2025.

Taiwan’s commercial property market maintained near-record transaction levels in 2025, supported by strong economic growth and AI-driven export demand, according to Savills.

Savills highlighted that Taiwan’s GDP is forecast to grow 7.37% in 2025, a 16-year high, based on estimates from the Directorate General of Budget, Accounting and Statistics. Export growth surged 34.9% year-on-year, underpinned by global demand for AI-related semiconductors.

Against this backdrop, Savills reported that total commercial property transaction volume surpassed NT$161.4 billion in 2025, marking a marginal 0.3% increase year-on-year and the second-highest level in the past decade.

The industrial sector remained the key driver of activity. Factory transactions totalled NT$67.2 billion, with around 30% of deals located within science parks. Notably, Powertech Technology acquired assets in Hsinchu Science Park for NT$6.8 billion.

Office assets recorded the second-largest share of transactions at NT$29.1 billion. Savills noted a landmark deal in Taipei, where Yang Ming Marine Transport acquired a newly completed en-bloc office building for NT$11.2 billion, representing the largest self-use headquarters transaction of the year.

Savills added that owner-occupiers dominated the office segment, accounting for around 90% of total volume, as yield spreads remained under pressure amid rising interest rates.

The technology sector continued to lead investment activity for the third consecutive year, deploying more than NT$61.3 billion in 2025. Savills said semiconductor and electronic component manufacturers remain in expansion mode, targeting high-quality factories and new industrial offices to support capacity growth.

Looking ahead, Savills expects Taiwan’s property market to remain supported by sustained global demand for AI technologies. The firm noted that continued growth in semiconductor and electronics exports will drive further demand for industrial assets, particularly factories, industrial land and logistics facilities.