Sat, May 05, 2007 - Page 12 News List

New status set to boost property prices

SPECIAL MUNICIPALITY Taipei County's elevation in status and planned development projects could see the value of property in the region soar, real estate analysts predicted

By Jessie Ho  /  STAFF REPORTER

Boosted by the upgrade, the construction sub-index rose by 9.9 percent yesterday. Companies with properties in Taipei County such as Formosan Rubber Inc (厚生橡膠), Far Eastern Textile (遠東紡織) and Kolin Inc (歌林) jumped by the 7 percent daily limit to NT$22.55, NT$32.35 and NT$9.77 respectively.

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