According to the latest statistics on the 24th, the cumulative transaction volume of commercial real estate plus land in Taiwan in 2020 has exceeded 400 billion yuan, reaching 419 billion yuan, slightly better than last year's level and ranks first-class teams in the Asia-Pacific region. The reasons are mainly due to these four aspects that can boost efficiency.
This year, due to the impact of the epidemic, commercial activities were blocked, the global economy suffered a heavy blow, and the commercial real estate and land market also declined simultaneously; on the other hand, Taiwan’s epidemic was properly controlled, corporate operations were stable, and it remained stable in adversity, especially the economic growth was the best guarantee for investment in Taiwan.
This year, the cumulative transaction volume of commercial real estate plus land in Taiwan reached 419 billion yuan, slightly better than last year's level. In addition, compared with major cities in the Asia-Pacific region, it often recession of 20%, and even declined by more than 60%. Taiwan's performance this year is the previous stage, which is not easy.
This year, there are four main reasons why Taiwan can maintain stability under the severe blow of the epidemic. First of all, the monetary easing policy and the continuous return of Taiwanese businessmen have led to the abundant market of hot money, and the annual growth rate of money supply rate continues to rise, so funds are naturally introduced into various investment markets.
Again, Taiwan's GDP is one of the few countries in the world that is still growing, with an estimated growth rate of about 2.5%, even higher than that of Japan, South Korea, Singapore, India, etc.
The third point is that life insurance companies return to the real estate investment market, with a total accumulated investment of more than 100 billion yuan this year, which is 2.5 times that of last year. With the view of the value-added benefits of land development, they have weighed heavily on the land in the essence of Taipei City.
In addition, Taiwan's foreign technology manufacturers continue to expand their production capacity in Taiwan, driving the continued popularity of industrial real estate. The total amount this year exceeds 100 billion yuan, and the land purchase areas are especially concentrated in Taoyuan, Tainan and New Taipei City .
