Developers in northern Taiwan plan to roll out a record NT$418.24 billion (US$13.65 billion) of new projects for the spring sales season, almost double the volume last year, driven by residential, commercial and industrial properties, the Chinese-language My Housing Monthly (住展雜誌) said yesterday.
Residential projects would generate NT$222.9 billion from sales, or 53.29 percent, while commercial and industrial properties would make up for the remaining sum, the publication’s survey found.
The new high volume is due to the entry of index properties such as the Core Pacific Plaza (京華廣場), a mixed-use property in Taipei’s Songshan District (松山) by Dingyue Development Corp (鼎越開發), an affiliate of China Petrochemical Development Corp (中石化), it said.
Photo: CNA
The plaza would feature four upscale office buildings with 19 aboveground floors and seven basement floors on a 5,000 ping (16,529m2) plot of land on the former site of Living Mall (京華城).
The massive complex achieved Global Real Estate Sustainability Benchmark’s highest recognition for its environmentally friendly design, Dingyue said yesterday.
Taipei posted NT$260.37 billion in property projects from March 29 to the end of next month, it said, adding that projects valued at more than NT$25 billion would be seen in Daan (大安) and Zhongshan (中山) districts.
New Taipei City posted NT$80.63 billion in new projects, with Sanchong District (三重) contributing NT$35 billion, it said.
If plans proceed smoothly, the district could see 40 projects competing for buyers’ attention, making it the city’s most competitive area, it said.
Apartment units priced up to NT$18 million appear in Sanchong, it said.
In Taoyuan, overall sales would amount to NT$44.47 billion, and rezoning areas in Cingpu (青埔) and Gueishan (龜山) districts continue to be the main battleground, it said.
However, there is only one project by Farglory Land Development Co (遠雄建設) that would generate sales of more than NT$10 billion, as most other projects are relatively small, it said.
Hsinchu City and Hsinchu County would see sales of NT$31.17 billion in new projects as developers regain confidence after COVID-19 infections stabilize, it said.
New projects in Hsinchu County are planned in Sinpu (新埔), Hukou (湖口) and Sinfeng (新豐) townships as well as Jhubei City (竹北), it said.
Most developers prefer to stay on the sidelines until the government explains how it would ban transfers of presale house purchase agreements, the publication said, adding that the practice suggests the sales volume for the summer sales season would be huge.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) would not produce its most advanced technologies in the US next year, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. Kuo made the comment during an appearance at the legislature, hours after the chipmaker announced that it would invest an additional US$100 billion to expand its manufacturing operations in the US. Asked by Taiwan People’s Party Legislator-at-large Chang Chi-kai (張啟楷) if TSMC would allow its most advanced technologies, the yet-to-be-released 2-nanometer and 1.6-nanometer processes, to go to the US in the near term, Kuo denied it. TSMC recently opened its first US factory, which produces 4-nanometer
PROTECTION: The investigation, which takes aim at exporters such as Canada, Germany and Brazil, came days after Trump unveiled tariff hikes on steel and aluminum products US President Donald Trump on Saturday ordered a probe into potential tariffs on lumber imports — a move threatening to stoke trade tensions — while also pushing for a domestic supply boost. Trump signed an executive order instructing US Secretary of Commerce Howard Lutnick to begin an investigation “to determine the effects on the national security of imports of timber, lumber and their derivative products.” The study might result in new tariffs being imposed, which would pile on top of existing levies. The investigation takes aim at exporters like Canada, Germany and Brazil, with White House officials earlier accusing these economies of
Teleperformance SE, the largest call-center operator in the world, is rolling out an artificial intelligence (AI) system that softens English-speaking Indian workers’ accents in real time in a move the company claims would make them more understandable. The technology, called accent translation, coupled with background noise cancelation, is being deployed in call centers in India, where workers provide customer support to some of Teleperformance’s international clients. The company provides outsourced customer support and content moderation to global companies including Apple Inc, ByteDance Ltd’s (字節跳動) TikTok and Samsung Electronics Co Ltd. “When you have an Indian agent on the line, sometimes it’s hard
PROBE CONTINUES: Those accused falsely represented that the chips would not be transferred to a person other than the authorized end users, court papers said Singapore charged three men with fraud in a case local media have linked to the movement of Nvidia’s advanced chips from the city-state to Chinese artificial intelligence (AI) firm DeepSeek (深度求索). The US is investigating if DeepSeek, the Chinese company whose AI model’s performance rocked the tech world in January, has been using US chips that are not allowed to be shipped to China, Reuters reported earlier. The Singapore case is part of a broader police investigation of 22 individuals and companies suspected of false representation, amid concerns that organized AI chip smuggling to China has been tracked out of nations such
RSS