Professional Office Design, Inspiring the workplaces Inspiring the workplaces Weekly News Highlight 1.Technology industry push up the buying gas Q3 commercial real estate amount to write a new high for the 20th quarter 2.Buying gas early into the winter in September the five metropolis of the month to buy and sell transfer 7% reduction 3.MRT East Line progress ahead of the big! The latest progress will be signed by the end of the year, and construction will begin next year. 4. The first case of the South Airport whole-house change will finally start. 3.2 billion will be invested to revitalize the 50 years of style. 1. The technology industry pushes up the purchasing power, and the amount of commercial real estate in Q3 reached a new record high in the last 20 quarters. 2024.10.01 Business Times I Reporter Guo Jitian／Report Savills released its third-quarter report on the commercial real estate market, which is driven by the warmer weather and the demand of the technology industry. Domestic commercial real estate and land purchases have increased significantly, with the value of large commercial real estate transactions (a single transaction of $300 million or more) reaching $56.7 billion in the third quarter, a quarterly growth rate of 121%, and an annual growth rate of 176%, which is the largest transaction scale in 20 quarters. In the first three quarters, the total transaction value reached $124.9 billion, representing an annual growth rate of 33%, and the transaction scale was the highest since the interest rate hike. Builders' active land search drove land purchases to a surge in the third quarter, with land transactions reaching $104.8 billion. The $100 billion transaction size in a single quarter is a rarity, and the cumulative transaction value for the first three quarters reached $200.4 billion, which has already exceeded the annual transaction size in 2023. The technology sector was the biggest driver of commercial real estate purchases this quarter, with a total investment of $39.9 billion, accounting for 70% of the total. Among the top five transactions this quarter, the top three were all made by semiconductors, including TSMC, Taiwan Micron and Sun Micron Semiconductor, all of which purchased plants to expand the scale of their production lines in Southern Taiwan, with TSMC's acquisition of Qunitronics' Nanke factory at a cost of $17.1 billion becoming the largest transaction of commercial real estate this year. Savills research department senior associate Ding Min Zhen pointed out that in 2020, when Taiwanese businessmen returned to Taiwan to set up factories in large numbers, TSMC had spent $10 billion in Tainan to purchase Hanyu color crystal and a number of other enterprises in the plant, this year, this wave of semiconductor factory expansion momentum is even better than the year, to stabilize Tainan as a technology cluster in South Taiwan's position, while also reflecting the timeliness of the semiconductor industry to lay out the importance of so in addition to applying for the purchase of industrial land for plant construction to the public authorities. Therefore, in addition to applying for land from the public sector to build factories, purchasing existing factories that meet the specifications is also one of the expansion strategies. Benefiting from the outstanding performance of the residential and pre-sale markets, builders have become more confident in launching projects, which has boosted the land market in the third quarter, with the transaction value exceeding hundreds of billions of dollars. Among them, the amount of land hunting by builders reached $70.6 billion, with the momentum of land purchasing showing double growth. Taichung City has become the county and city where major builders are actively setting up their business, with a transaction amount of NT$34.7 billion in a single quarter. The Xitun and Nantun districts have even attracted builders such as Xinmeiqi, Xingfufa, Yaxin, and Farglory to purchase land with a single transaction amount of more than NT$3 billion, which shows that even though the central bank is still tightly controlling the amount of land financing by the builders, the large-scale builders are actively expanding the land bank to reserve for the future, on the basis of the strong sales of residential properties and optimism about the future development of the market. The following are some examples of the opportunities that large builders are actively expanding their land inventories to save up for future projects. Statistics today