Housing prices might increase 10%HIGH LIQUIDITY: Two and three-bedroom apartments would continue to dominate the market due to their relative affordability, Cushman & Wakefield Taiwan saidBy Crystal Hsu / Staff reporterTaiwan’s housing prices might rise another 10 percent this year in locations with noticeable land supply and amid planned high-tech plants, as record-low interest rates would continue to motivate potential buyers, Cushman & Wakefield Taiwan (戴德梁行) said yesterday. Cushman & Wakefield Taiwan managing director Billy Yen speaks at a news conference in Taipei yesterday. New housing projects in locations near forthcoming technology plants across Taiwan would also be popular, as the jobs they create would spur real demand, Yen said. Cushman & Wakefield Taiwan expects liquidity-driven rallies to drive up office prices this year, aided by companies returning from abroad to cope with US-China trade tensions and a global supply chain realignment. The pace of increase in land prices might slow down this year after probably hitting their peak last year, allowing the trading volume to further expand, Yen said.

Source: Taipei Times January 05, 2021 15:56 UTC