Hello everyone,
Finding affordable housing in Taiwan is number one priority for newcomers. Tell us more about the estate market in your district/city/region.
What are the most desired places to live? What are the most affordable ones? What is the average cost of a rented flat? And what is the average sale price for an appartment or a house? Could you tell us more about local real estate policies/procedures? What about property tax or residency tax in Taiwan?
What about you? Where do you live now? Is it a place you would recommend?
Thank you in advance for your clarifications.
Priscilla
Property prices in Taiwan
Priscilla
24 November 2016 09:11:26
42358
hauthomme
28 November 2016 07:33:15
137
Taipei certainly has unreasonably high home prices relative to say Vancouver, Canada. It's easy to spend US$500,000 (NT$15.9M) on a new condo in Taipei that would be beyond the reach of many under-40 Taiwanese. Yet the same money could buy an equally or better condo in Van., where the average wage is likely double or more than in Taipei but not reflected in home prices.
One can easily pay US$3.14M (NT$100M) for a top-end condo in Taipei, but the same amount would buy a nice single-detached home with a yard in Van.
Expect to pay NT$10K or more monthly to rent a small studio condo in an older building, probably up to NT$20K in a new building.
Stay within walking distance to the MRT lines for convenience when looking for property in Taipei, where car ownership is to be avoided if at all possible due to widely available public transport.
Subscribe to this topic
Articles to help you in your expat project in Taiwan
Accommodation in Taiwan
Taiwan can be a challenging place to find affordable and suitable accommodation, being a densely populated ...
Working in Taiwan
Working in Taiwan depends on your skill set and the job you seek. Expats can find a wide range of jobs around the ...
Driving in Taiwan
To drive any vehicle in Taiwan, you are required to have a license. This includes renting a car or scooter. All ...
Banking and finance in Taiwan
Whether you're a business owner, a student, or a foreign professional living in Taiwan, having a local bank ...
Getting married in Taiwan
Taiwan has the lowest birth rate in the world presently, and that declining birth rate, experts claim, is closely ...
Phones and internet in Taiwan
Relocating to a foreign country like Taiwan can be an exciting yet challenging experience. However, with the ...
Open a bank account that suits you
Discover the best international banks to manage your money securely.
"