24.06.2011 - Taiwan: Commercial real- estate prices rise, vacancy rate drops
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
Print