Boom in Luxury Housing Continues

Although luxury housing in Taichung may cost a quarter of what it costs in Taipei, the market in Taipei is not slowing down. A new building recently sold its penthouse unit for NT$3.04 million per ping. A ping is approximately 3.3 square meters. The central bank has stepped inspections and tried to tighten credit controls the boom keeps going.

“It is borrowers who command the upper hand in a market with flush liquidity and low interest rates.” 
 

蓬勃發展的豪華房繼續雖然在台中豪華住房可能成本四分之一的它在臺北市臺北市的市場中的成本不會減慢。新的大樓最近出售其頂層複式單位為 NT 美元每坪 304 萬。Ping 是大約 3.3 平方米。中央銀行已加強巡查，並試圖收緊信貸控制經濟繁榮時期持續下去。"這是借款人與充裕的流動性和低利率的命令在市場上風"。

Reference: Hsu, Crystal, Focus on investment in luxury housing moves south, The Taipei Times.
 

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