The world's leading real estate service provider Dade & Walk-in held a Taiwan Beijing Huacheng International Tendering Conference today to provide investors with relevant instructions on international tendering and explain the current situation and future trends of the Taipei real estate market. 
In 2018, the real estate trading market in Taipei City, because of the two large-scale pointer projects in Taipei City Tokyo Huacheng and the Twins in the West, were launched at the same time, injecting a blood circulation into the real estate trading market in a timely manner. In particular, Taipei City Central Hub-Taipei Jinghuacheng has many excellent characteristics and is favored by global buyers, effectively attracting further evaluation by international investment teams. Since its completion in 2001, Jinghua City has become an indicative landmark building in Asia and the world's largest sphere shopping mall, winning international praise and driving the architectural trend of commercial department stores in Chinese regions.
This time, in order to adjust the balance ratio of the group's real estate business and cash, with the approval of the board of directors, it is in the best interests of shareholders. It was specially entrusted by Ded Asphalt Bank as the leading consultant to be responsible for marketing promotion and international bidding, and strive to mark it at a high price at the opening of the bid on December 12, 2018, to achieve the important purpose of the owners to activate their assets. Dade Asphalt Bank will hold briefings for Singapore , Hong Kong, Shanghai and Taipei on July 23, 25, 27 and August 8, 2018 respectively, to provide relevant explanations for international tenders for investors from all over the country.
Dard & Road Shanghai Capital Marketing Department Director Zheng Kaiyuan pointed out: "The Taiwan Beijing Huacheng project has superior conditions, with a total land price of approximately RMB 8.2 billion, and is expected to become the largest shopping mall transaction in Taipei. The result of this international bidding is definitely worth looking forward to." This project has the following five major investment highlights and four potential benefits, namely: five major investment highlights: 1. The only large-scale out-of-print plot in Taipei City: 16,485 square meters (177,442 square feet, 4,986 square meters), which is the largest area of land ownership sold in Taipei City in the past 10 years. Generally, large-scale land transactions in Taipei City are about 1,000-6,000 square meters. 2. Transfer of permanent ownership of land: Most of the famous landmarks in Taipei City are 50 to 70 years above-ground rights , such as Jinghua Hotel, Taipei 101, Nanshan Plaza, Fubon A25, Taipei Garden and other cases. This project has permanent ownership of the land and fully enjoys all the land value-added benefits. 3. Complete and single property rights: Although the land area of the Taipei Gemini Project is 31,590 square meters (about 339,908 square feet, 9,555 square meters), there are many land owners, including 3 government departments and 38 private landlords. The bidder must negotiate again, and the procedures are complicated. The only owner of this case is Jinghuacheng Co., Ltd., and the bidder can completely decide on matters such as planning, design, development and construction. 4. Extension of Xinyi Plan Zone of Taipei Financial and Commercial Center: This project is located at the central hub of Taipei's development axis. It benefits from the future comprehensive internationalization of Taipei, peaceful cross-strait development, and extension of Xinyi Plan Zone. It connects Songshan Tobacco Factory and Taipei Machinery Factory, and housing prices and rents will surely rise. 5. Combining Grade A office buildings, international tourist hotels, international department stores, and residential purposes after application: the bidder can integrate all functions into one and adjust the best product proportion in response to market trends to obtain the greatest benefit.
Four potential benefits: 1. The building area in this case is 204,680 square meters (about 2,202,356 square feet, about 61,915 square meters). According to the reconstruction cost appraisal report issued by the Taipei Architects Association, the height of 12 floors above ground is more than 61 meters, the replacement cost of above ground building exceeds NT$6 billion, the depth of 8 floors below ground is more than NT$31 meters, and the replacement cost of NT$6.3 billion is more than NT$6. The buyer can rent out the building at the same time to obtain profits when planning and designing the building. If the building is retained by 2031, it will comply with the current urban renewal building volume reward method. 2. The owner has proposed in accordance with the law that 30% or more of the total development volume of this project base for residential purposes. If there are any fees or appendixes to be paid after approval, the land owner shall bear the burden. 3. The entrusted owner has proposed to restore the existing statutory 560% floor area ratio to 678.91%, and the entrusted owner will sell the extra floor area ratio to the buyer at a discount of half-buy and half-get.4. Taipei Municipal Government Urban Plan comprehensive review plan. In the future, this project will connect the base of Songyan Cultural and Creative Park, Taipei Machinery Factory, and Xinyi Planning District through overhead overpasses, underground lanes and open spaces to establish a diversified area combining humanities, arts, commercial consumption, and top-level residential areas. This project has unlimited future development space and is the first choice for large multinational foreign-funded enterprises to invest in Taiwan.
This international tender special plan is two bidding methods for bidders to choose freely. The first method is to transfer the property at the same time. After the bid is marked, the owner will be responsible for termination of the lease and submit the current property to the buyer. The second method is to first falsely divide the land into four pieces, and after marking it out, the owner is responsible for demolishing the building, backfilling the land and dividing the land and submitting it to the buyer after it is published. This international bidding case adopts a public reserve price, and is a one-time bid opening. No additional bids or bargaining is accepted when the bid opening operation is underway. The bidding method is that the bidding person with the highest unit price will be awarded. If the second method is, more than two plots of land must be marked, and the owner will only agree to sell it. The freely chosen bidding method reduces the bid threshold and provides an excellent opportunity for investors who are interested in building representative and indicative landmark buildings in Taipei City.
