Residential and commercial property transactions in the six special municipalities totaled about 19,000 units last month, up 3.7 percent from July and 14.4 percent from a year earlier, data released by the local governments on Wednesday last week showed.
An increase in the supply of pre-sale units, more working days per month and the stabilization of sales in Tainan and Kaohsiung led to the higher number of transactions last month, Sinyi Realty Inc (信義房屋) research manager Tseng Ching-der (曾敬德) said.
Housing sales last month in Tainan rose 9.9 percent monthly to 2,017 units, and in Kaohsiung they rebounded 9.1 percent to 2,925 units, following declines in July of 18.2 percent and 20.2 percent respectively, the data showed.
Photo: CNA
The sales rebound in Tainan came amid increased home construction in some areas — in Annan District (安南) — in particular, and a rebound in purchases in districts near the Southern Taiwan Science Park (南部科學園區), Taiwan Realty Co (台灣房屋) said.
Housing transactions last month in Annan totaled 390 units, up 12.7 percent from July, the most of any district in Tainan, ahead of Yongkang District (永康) with 241 units and Anping District (安平) with 186 units.
In Kaohsiung, the increase last month came mainly from buyers looking for homes for their own use, Taiwan Realty said.
In Taipei, housing sales fell 1.6 percent from July to 2,236 units, while transactions in New Taipei City dropped 4.9 percent to 4,468 units, data showed.
Property sales in Taoyuan totaled 3,482 units, down 1.6 percent from July, while transactions in Taichung rose 16.7 percent to 4,027 due to booming pre-sales, data indicated.
Housing transactions in the six municipalities from Jan. 1 to Aug. 31 totaled 169,137 units, up 0.2 percent from a year earlier.
Evertrust Rehouse Co (永慶房屋) research manager Chen Chin-ping (陳金萍) said she has a cautious outlook for housing transactions in Taiwan over the rest of the year because of rising interest rates worldwide.
ENERGY ISSUES: The TSIA urged the government to increase natural gas and helium reserves to reduce the impact of the Middle East war on semiconductor supply stability Chip testing and packaging service provider ASE Technology Holding Co (日月光投控) yesterday said it planned to invest more than NT$100 billion (US$3.15 billion) in building a new advanced chip testing facility in Kaohsiung to keep up with customer demand driven by the artificial intelligence (AI) boom. That would be included in the company’s capital expenditure budget next year, ASE said. There is also room to raise this year’s capital spending budget from a record-high US$7 billion estimated three months ago, it added. ASE would have six factories under construction this year, another record-breaking number, ASE chief operating officer Tien Wu
The EU and US are nearing an agreement to coordinate on producing and securing critical minerals, part of a push to break reliance on Chinese supplies. The potential deal would create incentives, such as minimum prices, that could advantage non-Chinese suppliers, according to a draft of an “action plan” seen by Bloomberg. The EU and US would also cooperate on standards, investments and joint projects, as well as coordinate on any supply disruptions by countries like China. The two sides are additionally seeking other “like-minded partners” to join a multicountry accord to help create these new critical mineral supply chains, which feed into
For weeks now, the global tech industry has been waiting for a major artificial intelligence (AI) launch from DeepSeek (深度求索), seen as a benchmark for China’s progress in the fast-moving field. More than a year has passed since the start-up put Chinese AI on the map in early last year with a low-cost chatbot that performed at a similar level to US rivals. However, despite reports and rumors about its imminent release, DeepSeek’s next-generation “V4” model is nowhere in sight. Speculation is also swirling over the geopolitical implications of which computer chips were chosen to train and power the new
TECH WINNERS: Taiwan and South Korea reported robust trade, which suggests that they have critical advantages in the rapidly expanding AI supply chain, an official said Exports last month surged to a new high, as booming demand tied to artificial intelligence (AI) infrastructure fueled shipments of advanced technology components, underscoring the nation’s pivotal role in the global semiconductor supply chain. Outbound shipments climbed to US$80.18 billion, the highest ever for a single month, rising 61.8 percent from a year earlier and marking the 29th consecutive month of growth, the Ministry of Finance said yesterday. “The surge was driven primarily by global investment in AI infrastructure,” Department of Statistics Director-General Beatrice Tsai (蔡美娜) said. The mass production of next-generation AI computing systems has accelerated procurement across the semiconductor supply
RSS