Professional Office Design, Inspiring the workplaces Inspiring the workplaces Weekly News Highlight 1. Land and Commercial Real Estate Transactions Surpassed $300 Billion in the First Three Quarters 2. Darryl, Hyatt, and Yen Man Jointly Invested Nearly $10 Billion to Scramble for Land in Eastern SOGO Commercial Area 3. Jones Lang LaSalle Managing Director Hau Man Shun: Leased Area of Office A Market in the First Three Quarters of the North City has The leasing area of Office A in the first three quarters has already exceeded that of the whole year of 2023! 4. Google has entered Taiwan's factory and office buildings! CAAM Chengde 168" of Chun Yip Chemical has a record high monthly rent of NT$3,322 per ping. 5. The construction of "Banqiao District Office Central Section Public Office Renovation Project" of Guan-De will start today and will be built into a complex residential and commercial office building. 6. Taishou bids for the land of Taoyuan Aerospace City, which will be built into a complex multi-functional park. Total investment is expected to be NT$50 billion. 1. Land and commercial real estate transactions exceeded NT$300 billion in the first three quarters. By Tsai Hui-Fang / Report Compared with the residential market, the land and commercial real estate market is relatively hot. Jones Lang LaSalle calculated on the 26th that the transaction volume of the commercial real estate and land market in the first three quarters of this year reached $153.1 billion and $169.4 billion respectively, which are record highs and exceeded the transaction amount of the whole year of last year, and the total transaction amount of the land and commercial real estate exceeded $300 billion, reaching $322.5 billion. However, in the wake of the "Golden Dragon Storm", the seventh wave of the Central Bank's credit control on real estate, builders' cash flow has been impacted, and it is estimated that the land and commercial real estate market may change and become more conservative in the future. Mr. Hou Wenxin, Managing Director of Jones Lang LaSalle, pointed out that land and commercial real estate transactions have been very active so far this year, which has pushed the turnover of the commercial real estate market to new highs. As of September 25th, the turnover of the commercial real estate market in the third quarter has reached NT$82 billion, a yearly increase of 4.41 times, and a quarterly increase of 133%; and the cumulative turnover of the commercial real estate market for the first three quarters has reached NT$153.1 billion, which has surpassed the full-year record of the year 2009 onwards. As for the land market, the transaction volume in the third quarter reached $83.7 billion, a record high for a single quarter this year, with an annual increase of 113% and a quarterly increase of 130%. The cumulative transaction value of Taiwan's commercial real estate market in the first three quarters amounted to $169.4 billion, which also exceeded the total amount of last year's entire year. Hou Wenxin pointed out that since more than 30% of the commercial real estate for builders to buy, more than 60% of the demand for enterprise self-use, as for the land market, builders to buy the amount of money accounted for up to 7% of the 4, it is estimated that in the seventh wave of the central bank real estate credit control, and after the rise of 1 yuan, builders face greater pressure on the part of the capital, the size of the purchase, the frequency of purchase is expected to slow, depending on the different regions and market conditions, so the builders to buy real estate and As a result, the momentum of real estate and land transactions by builders will be directly affected. 2. Darryl, Hyatt, and Yen-Wen have a combined capital of nearly 10 billion dollars to compete for land in the SOGO shopping district in the Eastern District. 2024.09.27 Business Times I By Tsai Hui-Fang/Report Another 10-billion-dollar purchase by builders is on the horizon! Tullett Construction, together with Haiyet International and Yen Man Asset Management Consultants, announced today that the three parties have made a joint venture of nearly $10 billion to purchase land.