Rise in construction costs slows presale price trendBy Crystal Hsu / Staff reporterPresale housing project prices gained modestly across northern Taiwan last quarter due to higher construction costs, with healthy demand and low interest rates also lending support, the Chinese-language Housing Monthly (住展雜誌) reported yesterday. While Yilan is popular among tourists, it is less attractive for housing investment due to long travel times to Taipei, Ho said. Presale housing prices in Keelung saw a 2.4 percent increase quarterly and yearly to a record of NT$216,000 per ping, spurred by upscale housing projects, Ho said. In Taipei, presale housing prices increased 1.1 percent quarter-on-quarter to NT$886,000 per ping, or 4.5 percent annually, he said. Housing prices in New Taipei City rose 1 percent to NT$407,000 per ping, or 3.8 percent annually, Ho said.

Source: Taipei Times January 14, 2021 15:56 UTC