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.
SECOND-RATE: Models distilled from US products do not perform the same as the original and undo measures that ensure the systems are neutral, the US’ cable said The US Department of State has ordered a global push to bring attention to what it said are widespread efforts by Chinese companies, including artificial intelligence (AI) start-up DeepSeek (深度求索), to steal intellectual property from US AI labs, according to a diplomatic cable. The cable, dated Friday and sent to diplomatic and consular posts around the world, instructs diplomatic staff to speak to their foreign counterparts about “concerns over adversaries’ extraction and distillation of US AI models.” Distillation is the process of training smaller AI models using output from larger, more expensive ones to lower the costs of training a powerful new
Shares of Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) have repeatedly hit new highs, but an equity analyst said the stock’s valuation remains within a reasonable range and any pullback would likely be technical. The contract chipmaker’s historical price-to-earnings (P/E) ratio has ranged between 20 and 30, Cathay Futures Consultant Co (國泰證期) analyst Tsai Ming-han (蔡明翰) told Central News Agency. With market consensus projecting that TSMC would post earnings per share of about NT$100 (US$3.17) this year, supported by strong global demand for artificial intelligence (AI) applications, and the stock currently trading at a P/E ratio of below 25, Tsai said the valuation
The artificial intelligence (AI) boom has triggered a seismic reshuffling of global equity markets, with Taiwan and South Korea muscling past European nations one by one. With its stock market now valued at nearly US$4.3 trillion, Taiwan surpassed the UK, Europe’s biggest market, earlier this month, data compiled by Bloomberg showed. South Korea is about US$140 billion away from doing the same. The tech-heavy Asian markets have shot past Germany and France in the past seven months. The shift is largely down to massive gains in shares of three companies that provide essential hardware for AI: Taiwan Semiconductor Manufacturing Co (TSMC, 台積電),
The US Department of Commerce last week ordered multiple chip equipment companies to halt shipments of certain tools to China’s second-largest chipmaker, Hua Hong Semiconductor Ltd (華虹半導體), its latest action to slow the country’s development of advanced chips, two people familiar with the matter said. The department sent letters to at least a handful of companies informing them of restrictions on tools and other materials destined for two Hua Hong facilities US officials believe make China’s most sophisticated chips, the people said. Top US chip equipment companies Lam Research Corp, Applied Materials Inc and KLA Corp, each of which has significant
RSS