Taipei took 11th spot in the latest real-estate investment prospects rankings for the Asia-Pacific region, a survey by PricewaterhouseCoopers (PwC) and the Urban Land Institute showed.
In the “Emerging Trends in Real Estate Asia-Pacific 2021” ranking, Taipei rose three notches from a year earlier to 11th place among 22 cities in the region, due to Taiwan’s efforts to fend off the COVID-19 pandemic, PwC said.
Taipei has also enjoyed ample liquidity, and the investment prospects in the city’s real-estate market have been recognized by many investors, it said.
Photo: Cheng I-hwa, Bloomberg
“Certainly, in a handful of Asia-Pacific cities where the impact of COVID-19 is currently minimal, there has been little sign of slowing demand. Taipei is one market where leasing activity remains solid,” PwC said in a report on the survey.
Taipei was at the bottom in 22nd place in 2017 and 2018, and ranked No. 21 last year, before taking 14th position this year, PwC said.
Singapore, Tokyo and Sydney took the top three spots respectively, while Seoul was in fourth place, the survey found.
Shanghai was seventh, Shenzhen ninth and Beijing 12th, while Hong Kong was last.
PwC said the poll highlighted the evolving trends shaping the real-estate industry in the Asia-Pacific.
The report on the survey included proprietary data and insights from 391 leading real-estate industry experts in the region.
PERSISTENT RUMORS: Nvidia’s CEO said the firm is not in talks to sell AI chips to China, but he would welcome a change in US policy barring the activity Nvidia Corp CEO Jensen Huang (黃仁勳) said his company is not in discussions to sell its Blackwell artificial intelligence (AI) chips to Chinese firms, waving off speculation it is trying to engineer a return to the world’s largest semiconductor market. Huang, who arrived in Taiwan yesterday ahead of meetings with longtime partner Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), took the opportunity to clarify recent comments about the US-China AI race. The Nvidia head caused a stir in an interview this week with the Financial Times, in which he was quoted as saying “China will win” the AI race. Huang yesterday said
Nissan Motor Co has agreed to sell its global headquarters in Yokohama for ￥97 billion (US$630 million) to a group sponsored by Taiwanese autoparts maker Minth Group (敏實集團), as the struggling automaker seeks to shore up its financial position. The acquisition is led by a special purchase company managed by KJR Management Ltd, a Japanese real-estate unit of private equity giant KKR & Co, people familiar with the matter said. KJR said it would act as asset manager together with Mizuho Real Estate Management Co. Nissan is undergoing a broad cost-cutting campaign by eliminating jobs and shuttering plants as it grapples
The Chinese government has issued guidance requiring new data center projects that have received any state funds to only use domestically made artificial intelligence (AI) chips, two sources familiar with the matter told Reuters. In recent weeks, Chinese regulatory authorities have ordered such data centers that are less than 30 percent complete to remove all installed foreign chips, or cancel plans to purchase them, while projects in a more advanced stage would be decided on a case-by-case basis, the sources said. The move could represent one of China’s most aggressive steps yet to eliminate foreign technology from its critical infrastructure amid a
MORE WEIGHT: The national weighting was raised in one index while holding steady in two others, while several companies rose or fell in prominence MSCI Inc, a global index provider, has raised Taiwan’s weighting in one of its major indices and left the country’s weighting unchanged in two other indices after a regular index review. In a statement released on Thursday, MSCI said it has upgraded Taiwan’s weighting in the MSCI All-Country World Index by 0.02 percentage points to 2.25 percent, while maintaining the weighting in the MSCI Emerging Markets Index, the most closely watched by foreign institutional investors, at 20.46 percent. Additionally, the index provider has left Taiwan’s weighting in the MSCI All-Country Asia ex-Japan Index unchanged at 23.15 percent. The latest index adjustments are to
RSS