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Taipei City’s property transfers in 2012 hits 10-year low

Posted on 04 January 2013

The number of property transfers in Taipei City in 2012 significantly decreased after the government introduced several property price curbing measures including a property price registration mechanism and a luxury tax, according to data released by the Taipei City government on Wednesday.
The data showed that merely 38,571 properties in the capital city exchanged hands during the year, marking the lowest level since 2003 when there was a SARS outbreak in Taiwan………………………………………..Full Article: Source


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