Source: Business Times
While shouting the "Great Southern Plan" and striving to narrow the gap between the North and the South, the latest survey found that the development of department stores across Taiwan in the next five years will see an explosion of 1.42 million square meters, which is five The biggest battlefield is in southern Taiwan and central Taiwan.
Senior Associate of Research and Public Relations at Savills said that with the maturity of the rail economy driven by major public construction, and the formation of industrial settlements and expansion of factories, in addition to bringing in new population, some areas will be more synchronous. The demand for consumption has brought about a new upsurge in department store shopping malls across Taiwan, especially in southern and central Taiwan.
Professionals said that the latest survey found that in the next five years from 2022 to 2026, there will be 24 department store development projects in Taiwan, which will be completed one after another, with an area of up to 430,000 square meters. This volume will be the largest in the past five years. More than doubled, the potential new supply is amazing.
Professionals pointed out that Taiwan's Mitsui Fudo Co., Ltd., which is owned by Japan's Mitsui in Taiwan, has become a dark horse, and will open four shopping malls in a row in Taipei Nangang, Taichung and Tainan, with a total of 24.5 Wanping, which accounts for more than 17% of the newly completed department store shopping mall developments in Taiwan, is aggressive. As for the overlord of a single department store shopping mall in Taiwan, Taichung High Speed Rail Entertainment Shopping Mall, the largest international development in Taichung, will be the king in the future, with a scale of 330,000 square meters, challenging the status of the future department store giant. The
survey also found that the newly completed department store shopping malls in the next five years will mainly be concentrated in the three major metropolises of Taichung, Taipei, and Kaohsiung . Among them, in Taichung, there are Mitsui LaLaport Taitang Lakeside Ecological Park with an area of 20,000 square meters, Hanshen Intercontinental Shopping Center about 110,000 square meters, and the largest international super entertainment city about 330,000 square meters.
There are as many as six new battlefields in Taipei Future Department Store, four of which are located in Nangang, Mitsui Nangang LaLaport is up to 135,000 square meters, Breeze Nangang Tire's department store shopping center has 8,250 square meters, and there are also domestic industrial enterprises. Section A is about 36,300 square meters, and Cathay Pacific Nangang Shunting Depot is about 92,400 square meters.The total of the four major cases will be as much as 270,000 square meters. In addition, there are Shin Kong Mitsukoshi Department Store Diamond Towers about 14,315 square meters, and Dazhi NOKE Zhongtai Le Life about 21,450 square meters.
Kaohsiung will have Dali's Okayama Tesco Station Square of about 52,800 square meters, Shin Kong Mitsukoshi Department Store SKM Park of about 85,800 square meters, Yixiang Tiandi B Building Shopping Plaza of about 66,000 square meters, and a combined parking lot BOT of Parking 35. The case, as well as the public office in the old dormitory area of Kaohsiung Railway Station East of Ri Shengsheng, has about 25,740 square meters and at least five blocks.
In addition, Tainan, which has benefited from the entry of major technology companies, has risen rapidly as a dark horse. There will be at least five new department store development projects in the next five years, including Nanshan Life Insurance Tainan Plaza of about 11,000 square meters, Tanzuomali Anping Port. The park is about 19,800 square meters, the first phase of Mitsui MITSUI OUTLET PARK is about 33,000 square meters, the second phase is about 9,900 square meters, and the Tainan Pingshi transfer station shopping mall, etc.
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