Lowest Presale Unit Prices Rise Across Taipei, New Taipei and Taoyuan; Taipei at NT$0.929 Million per Ping

This year, the presale project with the lowest unit price in Taipei is in Beitou. The project is called "Tianmu Shili" and costs NT$0.929 million per ping. The lowest-unit-price project in New Taipei is in Sanxia and is called "Wenjie Aile", at NT$0.332 million per ping. In Taoyuan, it is "Yixiang Qingjia" in Yangmei, at NT$0.23 million per ping.

Among the comparison projects from last year, the one in Taipei was "Hanhuang Shaoguang" in Shezi, Shilin, at NT$0.754 million per ping. In New Taipei it was "Hetang Tunjing" in Jinshan, at NT$0.293 million per ping. In Taoyuan it was "Fengqiao Shangjing-Fengjing" in Guanyin, at NT$0.193 million per ping. The projects' locations differ between the two years, but they are all in second-tier areas and are on low floors.

Judging from this year's presale actual-price registration (sold prices) so far, the unit price per ping for most projects falls between NT$0.3 million and NT$0.5 million in Taoyuan, between NT$0.6 million and NT$0.9 million in New Taipei, and between NT$1 million and NT$1.2 million in Taipei. New low-priced projects with prices per ping below NT$0.8 million in Taipei, NT$0.4 million in New Taipei or NT$0.2 million in Taoyuan make up only about 0.5%.

Chen Bingchen, director and spokesperson of the Zhuzhan Magazine Planning and Research Office, said the housing market has been at a low point for the past two years, developers are still waiting for older projects to sell, and they have not bought land or launched projects in large numbers in the super egg-white zones, which are also under selling pressure. He said that buyers and sellers alike are avoiding the eggshell zones, and deals are concentrated in areas such as Jingmei, Beishike, Erchong and A20. "Eggshell zone" is a term commonly used in the market and is not an official classification.

Chen Bingchen said that when developers choose second-tier areas, they usually pick places such as Beitou, Sanxia and Yangmei, which have local talking points and reputations that are not so bleak, because domestic demand and buyer interest in these districts are relatively stable. He also named Donghu and southern Wanhua in Taipei, and the Youshi Industrial Park in Taoyuan, as places where low-unit-price projects can still be found, though they are few and scattered.