MarketNovember 10, 20261 min readAI translation

9 New Elementary Schools in the Seven Major Cities Make the List; Nearby Existing-Home Prices at 7 Are Above the District Average

Around Wenqing Elementary School in Taoyuan City, the average unit price of existing homes carries a 22% premium, the highest among the 7 schools above their district's level.

In three sentences

According to Yung Ching Realty Group, 9 new elementary schools established in the seven major cities after ROC Year 112 made the list, and at 7 of them the average unit price of existing homes nearby is higher than in their district.
Around Wenqing Elementary School in Taoyuan City, the gap between the average unit price of existing homes nearby and that of the district exceeds 20%, a 22% premium, the highest among the 7.
The housing market around the new elementary schools established in the seven major cities after ROC Year 112 was examined by looking at existing-home performance over the past year, using Ministry of the Interior actual-price registration (sold prices) data.

Yung Ching Realty Group compiled statistics on elementary schools newly established in the seven major cities after ROC Year 112, and, using Ministry of the Interior actual-price registration (sold prices) data, examined the housing market around these schools over the past year.

The results show that of the 9 new elementary schools on the list, the average unit price of existing homes around 7 of them is higher than in their district.

Among the 7 schools, Wenqing Elementary School in Taoyuan City has the largest gap, exceeding 20%, a 22% premium, the highest among the 7 schools.

The statistics cover existing homes, and the comparison is between the average unit price of existing homes around the school and that of the district where the school is located.

What it means for you

People who want to buy or rent a home near a new elementary school can pay attention to the gap between the average unit price of existing homes around the school and that of its district. People who already have a mortgage or are planning to trade up can also use Ministry of the Interior actual-price registration (sold prices) data to look up the areas they care about.

Quick quiz

2 questions; pick an answer to see the explanation

Of the 9 new elementary schools in Yung Ching Realty Group's statistics, how many have a nearby average unit price of existing homes higher than their district?
Among the 7 schools with a nearby average unit price of existing homes above their district's, Wenqing Elementary School has the highest premium at 22%. In which city is it located?

Image cards

6 cards. Tap to enlarge; save and share with friends

How are home prices around new elementary schools? Yung Ching Realty Group compared how far the average price of existing homes around nine new elementary schools differs from their districts. One card shows the key points — Card 1

What happened?: 9 new elementary schools are compared. Yung Ching Realty Group compiled statistics on new elementary schools in the seven major cities established after ROC Year 112; it looked at the average price of existing homes around these schools over the past year; the comparison is with the average price in the district where each school is located — Card 2

Key numbers: 7 of 9 are pricier than their district. There are 9 new elementary schools on the list; the average unit price of existing homes around 7 is higher than in their district; the gap around Wenqing Elementary School in Taoyuan City exceeds 20%, the highest among the 7 — Card 3

Who is affected?: People who want to buy or rent near a school zone. People planning to buy or rent a home near a new elementary school; they can first look at how far the average price around the school differs from the district; people who already have a mortgage or are planning to trade up can also look up areas they care about — Card 4

What you need to check yourself: Check the school zone you care about yourself. For the school zone you have in mind, check the price gap yourself in actual-price registration (sold prices) data; the result for Wenqing Elementary School does not represent other school zones — Card 5

Questions to ask before viewing homes: 1. Ask the agent: How far does the average price of existing homes near this home differ from the district average? 2. Ask the agent: Which deals from the past year were used to calculate this gap? 3. Ask the bank: How will mortgage terms be assessed for the area I want to buy in? The price gap is only a reference; the actual price still depends on the conditions of each home. — Card 6

Original：中時新聞網 · We only post summaries and key points. Read the original for the full story.

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