House purchase data show buyers shunning TaipeiBy Crystal Hsu / Staff reporterHousing transactions in the nation’s six special municipalities last month rose 7.1 percent to 27,802 units, led by conspicuous gains in central and southern Taiwan, data released yesterday from respective local governments showed. In particular, transfers in Taoyuan and Taichung advanced by double-digit percentages to above 5,000 units, as central and southern Taiwan are catching up with the north by measure of transaction volume. Photo: Hsu Yi-ping, Taipei TimesKaohsiung also achieved a milestone with 5,070 deals, representing an 8 percent increase from November, the local government’s statistics showed. Property deals in Taipei grew 6 percent to 2,869 units last month and shed 3 percent to 6,934 in New Taipei City, separate local government data showed. The trend could prompt developers to shift their focus away from Taipei and New Taipei City and give more attention to central and southern Taiwan, Tseng said.

Source: Taipei Times January 04, 2022 03:54 UTC