New Taipei City housing prices approach Taipei City's, pushing buyers further out

setn.com (Chinese)

New Taipei City's prime new construction prices are now comparable to or exceeding those in Taipei City's traditionally lower-priced areas. Experts state that while New Taipei's first ring areas see new homes priced at NT$80-90 million per ping, Taipei's "cheaper" districts like Beitou and Wenshan now exceed NT$100 million per ping, making them unaffordable. This price disparity is driving people out of Taipei, with New Taipei's prices also rising due to spillover demand and development, potentially pushing buyers further out to areas like Taoyuan.


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New Taipei City housing prices approach Taipei City's, pushing buyers further out | News Minimalist