27.11.2009 - Taipei housing prices on the rise, but will the upswing persist?
From Etaiwannews.com: Taipei's volatile real estate market has been thriving recently after a few quarters in the doldrums, but recent proposals to raise various property-related taxes and complaints by city residents that housing is too expensive have led to uncertainty about the market's future direction. According to My Housing magazine, the average price of housing under construction in Taipei City reached NT$599,000 per ping (3.305 square meters) last year before falling to NT$576,000 per ping during the first two quarters of 2009, due to the financial crisis.................................Full Article: Source
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