Residential properties in the Tao Zhu Yin Yuan (陶朱隱園), a distinctive double-helix tower in Taipei’s Xinyi District (信義), officially went on sale yesterday.
The announcement was made by the tower’s builder, BES Engineering Corp (中華工程), which declined to publicize pricing information to protect the privacy of potential buyers.
However, real-estate sources said that properties on the lower floors would sell for at least NT$3 million (US$91,609) per ping (3.3m2), with higher prices on the building’s upper floors.
Photo: Hu Shun-hsiang, Taipei Times
Given that each unit is about 300 ping, properties in the tower would likely start at about NT$900 million.
Designed by Belgian architect Vincent Callebaut, the Tao Zhu Yin Yuan is inspired by the double-helix structure of DNA, with each floor from levels 2 to 21 rotating 4.5° clockwise, or a total of 90°.
As a result, each of the tower’s 40 units has a large terrace with an unimpeded view of the sky and allows for the planting of seven large trees, the building’s Web site says.
Each unit also features a 50-ping “sky garden” where residents can plant a garden, while the building’s public areas include a “forest” on the first floor with a 10m waterfall and a 25m swimming pool in the basement, the site says.
Chen Ping-chen (陳炳辰), spokesman for the Chinese-language My Housing Monthly (住展雜誌), said the tower’s NT$3 million per ping price tag likely represented “the ceiling” for luxury properties in Taipei.
According to the government’s actual price registration system, the highest-priced residential complex in Taipei is One Park Taipei (元利信義聯勤), twin skyscrapers on the east end of Daan Forest Park (大安森林公園), which previously sold for as high as NT$2.99 million per ping, Chen said.
Nevertheless, the Tao Zhu Yin Yuan’s home prices represent a “correction” from the past few years — when they were reportedly expected to go for as high as NT$6 million per ping — possibly due to the central bank’s efforts to clamp down on housing speculation, he said.
Taiwan Realty Co (台灣房屋) senior manager Chen Ting-chung (陳定中) said that although construction on the property was completed eight years ago, the limited supply of new luxury homes in Xinyi District — a prime business district where Taipei 101 is located — meant that there would likely still be solid demand from buyers.
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) is expected to share his views about the artificial intelligence (AI) industry’s prospects during his speech at the company’s 37th anniversary ceremony, as AI servers have become a new growth engine for the equipment manufacturing service provider. Lam’s speech is much anticipated, as Quanta has risen as one of the world’s major AI server suppliers. The company reported a 30 percent year-on-year growth in consolidated revenue to NT$1.41 trillion (US$43.35 billion) last year, thanks to fast-growing demand for servers, especially those with AI capabilities. The company told investors in November last year that
Power supply and electronic components maker Delta Electronics Inc (台達電) yesterday said it plans to ship its new 1 megawatt charging systems for electric trucks and buses in the first half of next year at the earliest. The new charging piles, which deliver up to 1 megawatt of charging power, are designed for heavy-duty electric vehicles, and support a maximum current of 1,500 amperes and output of 1,250 volts, Delta said in a news release. “If everything goes smoothly, we could begin shipping those new charging systems as early as in the first half of next year,” a company official said. The new
RSS