Most Taiwanese companies remain positive about the property market and plan to raise their stakes in it in the coming 12 months, a survey released yesterday by Colliers International Taiwan (高力國際) showed.
“Eighty-five percent of respondents held positive views, although most put off investment amid the virus outbreak,” the local branch of the Canadian company said.
Sixty-six percent said they intended to increase their stake in the market and 80 percent believed property prices would remain stable, it added.
Photo: Peter Lo, Taipei Times
Colliers Taiwan surveyed domestic developers, life insurance companies, asset management companies, hotels and manufacturers, as well as influential families and individuals.
Plots of land topped the list for potential investments, followed by office spaces with stable rent incomes and industrial factories, the survey said.
Rent rates are generally expected to increase modestly in the next two years, but a severe lack of supply in popular locations could slow the pace of transactions, it said.
The COVID-19 pandemic is reshaping people’s lifestyles and giving birth to a stay-at-home economy highlighted by online shopping and remote working, Colliers Taiwan said.
The trend has been fueling demand for warehousing and logistics services, making related properties attractive investment targets, the consultancy said.
Taiwan’s low birthrate and aging population are lending support to investments in retirement housing and urban renewal projects, it said.
Interest in retail spaces and hotel buildings has taken a back seat as the sectors have been hit by border controls and movement restrictions during the COVID-19 pandemic, it said.
Developers and life insurance companies are the most avid investors and would take action after the COVID-19 crisis is over, Colliers Taiwan said.
Interest rate hikes and credit controls could affect investment decisions, it added.
The central bank last week left interest rates unchanged at its quarterly board meeting.
Monetary authorities might leave things unchanged for quite a while in the absence of major inflation risks, it said.
On Ireland’s blustery western seaboard, researchers are gleefully flying giant kites — not for fun, but in the hope of generating renewable electricity and sparking a “revolution” in wind energy. “We use a kite to capture the wind and a generator at the bottom of it that captures the power,” said Padraic Doherty of Kitepower, the Dutch firm behind the venture. At its test site in operation since September 2023 near the small town of Bangor Erris, the team transports the vast 60-square-meter kite from a hangar across the lunar-like bogland to a generator. The kite is then attached by a
Foxconn Technology Co (鴻準精密), a metal casing supplier owned by Hon Hai Precision Industry Co (鴻海精密), yesterday announced plans to invest US$1 billion in the US over the next decade as part of its business transformation strategy. The Apple Inc supplier said in a statement that its board approved the investment on Thursday, as part of a transformation strategy focused on precision mold development, smart manufacturing, robotics and advanced automation. The strategy would have a strong emphasis on artificial intelligence (AI), the company added. The company said it aims to build a flexible, intelligent production ecosystem to boost competitiveness and sustainability. Foxconn
Leading Taiwanese bicycle brands Giant Manufacturing Co (巨大機械) and Merida Industry Co (美利達工業) on Sunday said that they have adopted measures to mitigate the impact of the tariff policies of US President Donald Trump’s administration. The US announced at the beginning of this month that it would impose a 20 percent tariff on imported goods made in Taiwan, effective on Thursday last week. The tariff would be added to other pre-existing most-favored-nation duties and industry-specific trade remedy levy, which would bring the overall tariff on Taiwan-made bicycles to between 25.5 percent and 31 percent. However, Giant did not seem too perturbed by the
TARIFF CONCERNS: Semiconductor suppliers are tempering expectations for the traditionally strong third quarter, citing US tariff uncertainty and a stronger NT dollar Several Taiwanese semiconductor suppliers are taking a cautious view of the third quarter — typically a peak season for the industry — citing uncertainty over US tariffs and the stronger New Taiwan dollar. Smartphone chip designer MediaTek Inc (聯發科技) said that customers accelerated orders in the first half of the year to avoid potential tariffs threatened by US President Donald Trump’s administration. As a result, it anticipates weaker-than-usual peak-season demand in the third quarter. The US tariff plan, announced on April 2, initially proposed a 32 percent duty on Taiwanese goods. Its implementation was postponed by 90 days to July 9, then
RSS