Hiyes International revenue more than doubles on demand in Hsinchu, TainanBy Crystal Hsu / Staff reporterHiyes International Co (海悅國際開發), the nation’s largest housing broker, on Friday said its revenue last month more than doubled from a year earlier to NT$478 million (US$16.89 million), driven mainly by demand for housing in Hsinchu and Tainan. The monthly figure was the second-highest next only to December last year’s NT$536 million, Hiyes said in a statement. Photo: Hsieh Wu-hsiung, Taipei TimesDemand for new housing is strong near technology clusters in Hsinchu and Tainan, where Taiwan Semiconductor Manufacturing Co (台積電) has announced plans to build new foundries to make advanced chips, Hiyes said. Stable economic growth also lends support to the property market, boosting demand for housing in New Taipei City, Taipei and Kaohsiung. The first quarter, normally the low season for the housing market, might fare well this time around, Hiyes said.

Source: Taipei Times March 08, 2021 15:56 UTC