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Taipei : Most deals are for owner-occupation - Q3 2014

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Taipei : Most deals are for owner-occupation - Q3 2014

This quarter, grade A office rents were stable in most districts. The citywide average rent remained at NT$2,440 (US$82) per ping per month. The citywide vacancy rate decreased 0.7 percentage points to 7.7%.

The overall vacancy rate in Neihu Technology Park (NHTP) this quarter was down, especially in Jiuzong Section, thanks to large scale take-up by the automobile industry. New supply in Neihu Technology Park is mainly concentrated in Jiuzhong Section, which attracts SMEs for its small-scale premises and affordability. This has made Jiuzhong Section a new centre for SME headquarters.

Investment volume (excluding land transactions) totalled NT$40.10 billion (US$1,352.34mn) in Q3 2014, rising 81.34% from the previous quarter. Transactions were mostly related to industrial and office buildings.

Source : DTZ

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