Applications for rental accommodation at Taipei’s third public housing project are scheduled to open to young residents next week.
The project is to offer 41 units in a nine-story building situated above the MRT Wanlong Station in Wenshan District (文山) with monthly rental prices starting at NT$8,500 per unit.
The size of the studios are 13 ping to 21 ping (43m2 to 69m2), one-bedroom apartments are 18 ping to 24 ping, and two-bedroom and three-bedroom apartments are 27 ping to 42 ping.
Monthly rent for each unit is set at about 70 percent of the average rent in the area.
Taipei residents under the age of 45 who do not own property and whose annual household income is lower than NT$1.48 million (US$50,400) will be eligible to rent the units, said Chien Se-fang (簡瑟芳), a division chief at the city’s Department of Urban Development.
In announcing the latest public rental housing project, Taipei Mayor Hau Lung-bin (郝龍斌) said the project represents the city government’s efforts to provide affordable and high-quality housing for the city’s younger generation.
“Our goal is to offer 4,808 units for rental by 2014. We believe these high-quality units will change the perception of public housing and make the city more beautiful,” he said yesterday at the Taipei City Hall.
The city’s first public housing project in Datong District (大同), which has 110 units, was completed last year.
Chien said the monthly rent for the units at MRT Wanlong Station would range from NT$8,500 to NT$22,500, and that applications to rent the units would open on Thursday. Selected applicants can move in by February next year.