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Taiwan: Commercial real- estate prices rise, vacancy rate drops

Posted on 24 June 2011

The commercial property market appears unaffected by the introduction of a luxury tax this quarter, with the average transaction price inching up from the preceding quarter, while the vacancy rate edged down on recovering demand, a report said.
The average transaction price for office space nationwide reached NT$708,900 (US$24,444) per ping (3.3m2) this quarter as of Wednesday, up slightly from NT$690,000 three months earlier, as investors returned to the market, according to a survey by the global asset management division of Sinyi Realty Co……………………………………….Full Article: Source


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