The urban land price index for Taipei grew at slightly faster than elsewhere in Taiwan during the second and third quarters of last year, data released by the Ministry of the Interior on Friday showed.
The urban land price index — the weighted average land price of urban areas, which is measured every six months — rose 1.54 percent for Taipei in the April-to-September period compared with the previous six months, the data showed.
The increase reflected a relatively low comparison base in the previous six months, when initial fears over the COVID-19 pandemic hurt the city’s property market, and a stabilization of property prices later in the year, the ministry said in a statement.
Photo: Hsu Yi-ping, Taipei Times
Taipei’s Nangang District (南港) saw the biggest gains of the city’s 12 districts, with its land prices rising 1.86 percent because of improving public transportation and a growing population fueled by development in the district, the ministry said.
The urban land price index for Taiwan as a whole rose 1.04 percent in the April-to-September period compared with the previous six months, and increased 1.21 percent from a year earlier.
The urban land price index is based on the median land price for residential and commercial property and industrial zones in a city or county to show land price fluctuations. The ministry releases the index data twice a year, in January and in July.
As for the five other special municipalities, the index rose 1.3 percent in New Taipei City, 1.09 percent in Tainan, 0.77 percent in Taoyuan, 0.76 percent in Taichung and 0.5 percent in Kaohsiung, the ministry’s data showed.
New Taipei City benefited from efforts to develop the MRT rail system, and Tainan was boosted by large investments in Southern Taiwan Science Park (南部科學園區).
The index for outlying Lienchiang County fell 0.09 percent from the previous period — the only one of Taiwan’s 16 other cities and counties to show a decline in prices.
‘DECENT RESULTS’: The company said it is confident thanks to an improving world economy and uptakes in new wireless and AI technologies, despite US uncertainty Pegatron Corp (和碩) yesterday said it plans to build a new server manufacturing factory in the US this year to address US President Donald Trump’s new tariff policy. That would be the second server production base for Pegatron in addition to the existing facilities in Taoyuan, the iPhone assembler said. Servers are one of the new businesses Pegatron has explored in recent years to develop a more balanced product lineup. “We aim to provide our services from a location in the vicinity of our customers,” Pegatron president and chief executive officer Gary Cheng (鄭光治) told an online earnings conference yesterday. “We
It was late morning and steam was rising from water tanks atop the colorful, but opaque-windowed, “soapland” sex parlors in a historic Tokyo red-light district. Walking through the narrow streets, camera in hand, was Beniko — a former sex worker who is trying to capture the spirit of the area once known as Yoshiwara through photography. “People often talk about this neighborhood having a ‘bad history,’” said Beniko, who goes by her nickname. “But the truth is that through the years people have lived here, made a life here, sometimes struggled to survive. I want to share that reality.” In its mid-17th to
‘MAKE OR BREAK’: Nvidia shares remain down more than 9 percent, but investors are hoping CEO Jensen Huang’s speech can stave off fears that the sales boom is peaking Shares in Nvidia Corp’s Taiwanese suppliers mostly closed higher yesterday on hopes that the US artificial intelligence (AI) chip designer would showcase next-generation technologies at its annual AI conference slated to open later in the day. The GPU Technology Conference (GTC) in California is to feature developers, engineers, researchers, inventors and information technology professionals, and would focus on AI, computer graphics, data science, machine learning and autonomous machines. The event comes at a make-or-break moment for the firm, as it heads into the next few quarters, with Nvidia CEO Jensen Huang’s (黃仁勳) keynote speech today seen as having the ability to
The battle for artificial intelligence supremacy hinges on microchips, but the semiconductor sector that produces them has a dirty secret: It is a major source of chemicals linked to cancer and other health problems. Global chip sales surged more than 19 percent to about US$628 billion last year, according to the Semiconductor Industry Association, which forecasts double-digit growth again this year. That is adding urgency to reducing the effects of “forever chemicals” — which are also used to make firefighting foam, nonstick pans, raincoats and other everyday items — as are regulators in the US and Europe who are beginning to
RSS