| The focus of the real-estate market is drifting south this year, as soaring housing prices and scarce land supply in Greater Taipei are limiting business growth and profitability.
In the first four months, land developers and life insurance companies acquired a total of 40,000 ping (132,000m2) of land nationwide for NT$24 billion (US$803 million), 80 percent of which was located outside Greater Taipei, the center of the property fever prior to the government’s imposition of a special sales levy, better known as the “luxury tax,” in June last year...............................................Full Article: Source
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