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Taiwan: Warming property market expected this year

Posted on 08 February 2013

Property transactions in Taiwan are expected to warm up and recover after the number of housing transactions fell to its lowest annual level in 2012 since 2003, according to local brokers. “Although it experienced a low last year, we expect a steadily warming housing market amid the improving economy,” said Liu Yi-jong, an executive at Taiwan Realty Co.
According to government data, just 329,741 properties in Taiwan changed hands last year, down 8.84 percent from a year earlier, marking the lowest level since 2003………………………………………..Full Article: Source


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