Value of presale housing expected to soar in the fallBy Crystal Hsu / Staff reporterPresale housing projects are expected to soar 64.5 percent year-on-year to NT$269.03 billion (US$9.71 billion) in northern Taiwan in the autumn sales season from Sept. 28 through next month, as local cases of COVID-19 and social distancing rules prompted developers to push back launches, the Chinese-language My Housing Monthly said on Thursday last week. The name of a Yuanlih Group presale housing project is displayed at a construction site in Taipei’s Wenshan District on July 22. Taipei has also reported an increase in new apartments of less than 30 ping (99m2), as few people want large homes, Ho said. New housing projects in Taoyuan total more than NT$50 billion, mostly concentrated in Jhongli (中壢) and Cingpu (青埔) districts with asking prices approaching NT$500,000 per ping, the magazine said. Yilan County reported the lowest value for expected new housing projects in northern Taiwan at NT$2.7 billion, it said.

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