Sat, Aug 17, 2013 - Page 3 News List

More women than men bought homes, city statistics show

By Mo Yan-chih  /  Staff reporter

More women than men bought homes in Taipei in the past year, while 40-ping (132m2) apartments costing NT$15 million (US$500,000) and less remained the most popular type of accommodation on the city’s real-estate market, the latest statistics show.

According to statistics released yesterday by Taipei City’s Department of Land, 65.5 percent of people who bought homes in Taipei between August last year and June this year were first-time buyers. Of these, 1.5 times more women than men bought homes.

Skyrocketing house prices in the upmarket Daan (大安), Zhongcheng (中正) and Xinyi (信義) districts did not put off female first-time buyers, with women accounting for 60 percent of first-time home buyers in Daan District, the data showed.

Department of Land Deputy Commissioner Pan Yu-nu (潘玉女) said the statistics show that women have become more proactive in buying homes and tend to invest in downtown areas.

The data released yesterday also showed that the average age of first-time home buyers in the city is 40.9. More than 50 percent of first-time buyers purchased their houses in Zhongshan (中山), Neihu (內湖), Wenshan (文山) and Beitou (北投) districts.

Of the real-estate transactions data registered in June, 46.1 percent involved 40-ping apartment units priced at about NT$15 million.

The most expensive luxury apartments in the city are in the Royal Castle (皇翔御琚) development in Xinyi District, which cost NT$2.7 million per ping. Units in the Cypress Court (元大(木百)悅) apartment complex in Daan District go for NT$2.02 million per ping, followed by Shang-Hua-Ren-Ay (尚華仁愛) in Xinyi District, where units are on the market at NT$1.8 million per ping, the statistics show.

The department released the statistics following the government’s stated goal to enhance transparency in the real-estate market and prevent irregular real-estate deals through the policy on real-estate transaction price registration that took effect in August last year.

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