Major Taiwanese developers and brokers are poised to launch new housing projects in the coming spring sales season to take advantage of the nation’s robust economy and a real-estate boom.
Taiwan’s two largest housing agencies, JSL Construction & Development Co (愛山林) and Hiyes International Co (海悅國際開發), said they have NT$110 billion (US$3.95 billion) and NT$80 billion worth of projects on hand for the season with starting dates next month and April.
The sales strategy reflects positive sentiment on the supply side, encouraged by last year’s strong growth in GDP of 6.28 percent, and could continue to expand by more than 4 percent this year.
Photo: I-Hwa Cheng/Bloomberg
Hiyes is to put on the market an urban renewal project called Diamond Towers on Zhongxiao E Road with NT$45 billion in sales, the third development of Grant Manor in New Taipei City’s Tucheng District at NT$15 billion and another urban renewal project in Kaohsiung at NT$14 billion.
JSL said its projects would include residential complexes in New Taipei City’s Tamsui (淡水), Sanchong (三重) and Sijhih (汐止) districts, as well as in Keelung and Hsinchu County.
Farglory Land Development Co (遠雄建設) said it would proceed with the project “Park One” in New Taipei City’s Jhonghe District (中和), which could generate NT$5 billion in sales. Its brokerage subsidiary plans to launch projects in Taoyuan.
My Housing Monthly head researcher Ho Chih-chang (何世昌) said that the market would likely be busy in the spring and summer, as developers would slow their pace thereafter as the year-end elections of local administrators and councilors draw near, creating policy uncertainty.
Developers could set high prices for their projects, citing rising building material and labor costs, Ho said, adding that the moves would surely draw attention from policymakers.
Creator Marketing Co (創意家) said that it has projects for sale in Taipei’s Neihu District (內湖) and Dazhi area (大直), New Taipei City’s Sanchong District, Taichung and other parts of Taiwan.
WEAKER ACTIVITY: The sharpest deterioration was seen in the electronics and optical components sector, with the production index falling 13.2 points to 44.5 Taiwan’s manufacturing sector last month contracted for a second consecutive month, with the purchasing managers’ index (PMI) slipping to 48, reflecting ongoing caution over trade uncertainties, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The decline reflects growing caution among companies amid uncertainty surrounding US tariffs, semiconductor duties and automotive import levies, and it is also likely linked to fading front-loading activity, CIER president Lien Hsien-ming (連賢明) said. “Some clients have started shifting orders to Southeast Asian countries where tariff regimes are already clear,” Lien told a news conference. Firms across the supply chain are also lowering stock levels to mitigate
IN THE AIR: While most companies said they were committed to North American operations, some added that production and costs would depend on the outcome of a US trade probe Leading local contract electronics makers Wistron Corp (緯創), Quanta Computer Inc (廣達), Inventec Corp (英業達) and Compal Electronics Inc (仁寶) are to maintain their North American expansion plans, despite Washington’s 20 percent tariff on Taiwanese goods. Wistron said it has long maintained a presence in the US, while distributing production across Taiwan, North America, Southeast Asia and Europe. The company is in talks with customers to align capacity with their site preferences, a company official told the Taipei Times by telephone on Friday. The company is still in talks with clients over who would bear the tariff costs, with the outcome pending further
Six Taiwanese companies, including contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), made the 2025 Fortune Global 500 list of the world’s largest firms by revenue. In a report published by New York-based Fortune magazine on Tuesday, Hon Hai Precision Industry Co (鴻海精密), also known as Foxconn Technology Group (富士康科技集團), ranked highest among Taiwanese firms, placing 28th with revenue of US$213.69 billion. Up 60 spots from last year, TSMC rose to No. 126 with US$90.16 billion in revenue, followed by Quanta Computer Inc (廣達) at 348th, Pegatron Corp (和碩) at 461st, CPC Corp, Taiwan (台灣中油) at 494th and Wistron Corp (緯創) at
NEGOTIATIONS: Semiconductors play an outsized role in Taiwan’s industrial and economic development and are a major driver of the Taiwan-US trade imbalance With US President Donald Trump threatening to impose tariffs on semiconductors, Taiwan is expected to face a significant challenge, as information and communications technology (ICT) products account for more than 70 percent of its exports to the US, Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) president Lien Hsien-ming (連賢明) said on Friday. Compared with other countries, semiconductors play a disproportionately large role in Taiwan’s industrial and economic development, Lien said. As the sixth-largest contributor to the US trade deficit, Taiwan recorded a US$73.9 billion trade surplus with the US last year — up from US$47.8 billion in 2023 — driven by strong
RSS