Taipei City’s first public rental housing project is to be launched on Jan. 10 with 110 units available for residents under the age of 40 at a maximum monthly rent of NT$19,600.
The 11-story apartment complex, located on Chengde Road in Dalongdong District (大龍峒) and a five-minute walk from Yuanshan MRT Station, comprise 80 large units measuring about 28 ping (92.6m2) and 30 smaller units of 15 ping. The monthly rent, which is NT$11,500 and NT$19,600 respectively, is about 80 percent of the average rent in the area.
Future residents will also be required to pay a maintenance fee ranging from NT$1,200 to NT$2,240.
Taipei Mayor Hau Lung-bin (郝龍斌) and Minister of the Interior Jiang Yi-huah (江宜樺) yesterday inspected the housing project upon its completion. Both expressed confidence about the quality of the complex and said they expected it to become a model housing project for the affordable housing units the government plans to build.
“The central government is promoting affordable and social housing projects. We will build high-quality apartments and break the stereotype of public housing projects as poorly constructed units in poor areas,” Jiang said.
Taipei residents under the age of 40 who have held household registration in the city for a minimum of one year and have an annual household income of less than NT$1.58 million will be eligible to apply from Oct. 18 to Nov. 18, Taipei City’s Urban Development Department Commissioner Ting Yu-chun (丁育群) said.
Selected residents will be allowed to live in the apartments for a maximum of five years as the units are mainly designed to serve as temporary housing, Ting said.
The units will be the first housing project to be completed under the Hau administration’s plan to increase the number of affordable housing units throughout the city to 50,000 over the next four years and thereby address skyrocketing real-estate prices.
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