Taiwan
Taipei to see 20,000 ping of new office stock in 2023
Two office projects were postponed to 2024.
Taipei to see 20,000 ping of new office stock in 2023
Two office projects were postponed to 2024.
Why Taipei sees increasing demand for prime office space
The total prime office space in the city is only 730,000 ping.
Taipei office vacancy rate to remain healthy at 3-5% over the next three years
The supply pipeline is healthy until 2027.
Taiwan real estate transaction volumes down 19% to USD825.5m in Q3
Find out how each sector performed during the quarter.
Taipei Grade A office vacancy rate hits a record low of 2%
It is expected to remain stable over the next three years.
Taiwan property investment volume hits second highest total on record
Investments reached USD2.42b in the first half of the year.
Taipei Grade A office rents to increase 2-4% in three years
The Xinyi District is leading rental growth.
Taiwan commercial property investment drops 33% to USD1.1b in Q1
Supply shortage is one of the main culprits.
Taiwan commercial property transaction volumes reach USD1.25b in Q1
This is the second highest Q1 volume on record.
Taipei troubled by tight office space supply over the next 12 months
The new leasable supply was nearly fully pre-committed in 4Q21.
Taipei office rents to grow by 2-3% in 2022
There are no major projects in the pipeline until 2023.
Taiwan’s hotel investments plummet 72% to a measly US$265m in Q3
But this is only due to the major sale of Sunworld Dynasty in Q3 2020.
Taiwan commercial property transactions grow 22% to US$1.23b in Q3
The industrial sector accounted for 70% of the total transactions.
Investors back out of 5-star hotel developments in Taiwan’s urban areas
One 5-star hotel project was turned into a Grade A office building instead.
Taiwanese developers aggressively seeking development sites amidst lockdowns
They acquired a total of NT$50.4b (approx. US$1.8b) worth of land in Q2.
Taipei Grade A office vacancy at a record low of 2.1% in Q1
Market supply is expected to further tighten until 2023.
Insurance firms dominate Taiwan’s commercial property market in Q1
They accounted for 32% of transactions during the quarter.