Smaller residential properties are expected to become increasingly popular as the size of families decreases, Chyi Realty Co (群義房屋) said yesterday.
In addition, the relatively lower price tag of these properties could help sellers save on taxes, as the government prepares to reform legislation so that property sold is taxed based on the actual price paid, the real-estate agency said.
Chyi Realty Taipei branch manager Li Chih-wei (李智暐) referenced statistics compiled by the Ministry of the Interior, saying it would become a trend for home buyers to seek small to medium- sized homes.
According to statistics, the average size of a Taiwanese family has fallen to 2.8 this year from 3.33 in 2000.
However, the statistics show that the number of households in the country in the first nine months of this year rose 1.24 percent to about 8.37 million.
The data indicate that the number of households in New Taipei City — the largest among the nation’s 22 counties and cities — reached 1.49 million, accounting for 17.86 percent of the total number of households in the nation.
Greater Kaohsiung is second-highest with 1.06 million, making up 12.71 percent of the total, ahead of Taipei with 1.04 million, representing 12.38 percent.
Chyi Realty said that the increase in the number of households means that demand for residential housing is on the rise, in particular in major cities such as Taipei, New Taipei City and Greater Kaohsiung.
Li said that many families in Taiwan are composed of two parents and one child, who are looking for two-bedroom homes, meaning such homes are increasingly in demand.
Li said that smaller one bedroom-houses are also in strong demand, but supplies are limited.
Taiwan has received more than US$70 million in royalties as of the end of last year from developing the F-16V jet as countries worldwide purchase or upgrade to this popular model, government and military officials said on Saturday. Taiwan funded the development of the F-16V jet and ended up the sole investor as other countries withdrew from the program. Now the F-16V is increasingly popular and countries must pay Taiwan a percentage in royalties when they purchase new F-16V aircraft or upgrade older F-16 models. The next five years are expected to be the peak for these royalties, with Taiwan potentially earning
STAY IN YOUR LANE: As the US and Israel attack Iran, the ministry has warned China not to overstep by including Taiwanese citizens in its evacuation orders The Ministry of Foreign Affairs (MOFA) yesterday rebuked a statement by China’s embassy in Israel that it would evacuate Taiwanese holders of Chinese travel documents from Israel amid the latter’s escalating conflict with Iran. Tensions have risen across the Middle East in the wake of US and Israeli airstrikes on Iran beginning Saturday. China subsequently issued an evacuation notice for its citizens. In a news release, the Chinese embassy in Israel said holders of “Taiwan compatriot permits (台胞證)” issued to Taiwanese nationals by Chinese authorities for travel to China — could register for evacuation to Egypt. In Taipei, the ministry yesterday said Taiwan
Taiwan is awaiting official notification from the US regarding the status of the Agreement on Reciprocal Trade (ART) after the US Supreme Court ruled US President Donald Trump's global tariffs unconstitutional. Speaking to reporters before a legislative hearing today, Premier Cho Jung-tai (卓榮泰) said that Taiwan's negotiation team remains focused on ensuring that the bilateral trade deal remains intact despite the legal challenge to Trump's tariff policy. "The US has pledged to notify its trade partners once the subsequent administrative and legal processes are finalized, and that certainly includes Taiwan," Cho said when asked about opposition parties’ doubts that the ART was
If China chose to invade Taiwan tomorrow, it would only have to sever three undersea fiber-optic cable clusters to cause a data blackout, Jason Hsu (許毓仁), a senior fellow at the Hudson Institute and former Chinese Nationalist Party (KMT) legislator, told a US security panel yesterday. In a Taiwan contingency, cable disruption would be one of the earliest preinvasion actions and the signal that escalation had begun, he said, adding that Taiwan’s current cable repair capabilities are insufficient. The US-China Economic and Security Review Commission (USCC) yesterday held a hearing on US-China Competition Under the Sea, with Hsu speaking on
RSS