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Professional Office Design, Inspiring the workplaces Inspiring the workplaces Weekly News Highlight 1. Fed's decision to cut interest rates by 2 yards in one breath to protect the economy will be further cut by 2 yards by the end of the year. 2. Central bank interest rates were frozen for 2 consecutive times, and the standard was raised by 1 yards, adding a seventh wave of housing market control and offering 4 measures. 3. Corporate asset revitalization of the first eight months of the commercial real estate transactions broke $100 billion. 4. Commercial real estate transactions exceeded $100 billion in the first eight months of the year 4! H1 Taipei's billion-dollar store transactions doubled this year 6. 7.6 billion for 26-story twin-tower building 7. Chang Gung Wellness Village queues erupt 1. Fed decides to cut interest rates in one fell swoop 2. The Fed announced at 2 p.m. EST (2 a.m. Taipei 19) that it would cut its benchmark interest rate to 4.75-5.0%, the first time the Fed has cut interest rates in four years. CNBC described the Fed as starting its rate-cutting cycle on a positive note to defend the economy. With weakness in the U.S. job market evident and inflation slowing, the decision by the FOMC, the decision-making panel of the Federal Reserve Board, to cut rates by two sizes at a time confirms that the market's expectations, which have only shifted in the last week, were correct. CNBC reported that the last time the FOMC cut rates by 2 yards in one go was during the global financial tsunami in 2008, minus the emergency rate cut during the Xin Guan epidemic. According to the "Point Chart", officials believe that the rate will be cut by 2 more yards before the end of this year to 4.25%~4.5%, which is close to the market's expectation. 2. The central bank interest rate for 2 consecutive freezes, raising the standard by 1 yard to encode the seventh wave of housing market control to offer 4 measures 2024.09.19 Free Times I Reporter Chen Meiying / Taipei Report Despite the first interest rate cut by the Federal Reserve Board in 4 years, Taiwan's central bank is still adamant on its own path, based on the concentration of banks' real estate loans climbed high, the central bank is concerned about the concentration of too much credit resources in the real estate threat to affect the financial stability of the central bank in June, the central bank to raise the reserve ratio of deposits by 1 yard (0.25 percentage points), and to increase the deposit reserve ratio by 1 yard (0.25 percentage points) to 4.25%~4.5%. (0.25 percentage points) in June, the supervisory meeting in September to raise the standard by another 1 digit, and encumber the seventh wave of housing market control, as long as there is a property in the name of the buyer of the house are abolished with a grace period, the second household of natural persons loan ratio is also lowered to 50%, and extended to the whole country, the company corporate purchases as well as the balance of the loan the maximum ratio are lowered to 30%. The Central Bank's amendment to the "Regulations of the Central Bank on Financial Institutions in Handling Real Estate Mortgage Loan Business" has been implemented since September 20 this year. The latest amendments include the following four items: 1) The new regulations stipulate that no grace period shall be allowed for the 1st home purchase loan of a natural person with a house under his name. 2) The 2nd home purchase loan of a natural person shall not be subject to a grace period. 3) The 2nd home purchase loan of a natural person shall not be subject to any grace period. 2. the maximum loan-to-value ratio for 2nd home purchase loans for natural persons is lowered from 60% to 50%, and the implementation area is extended to the whole country.

Professional Office Design, Inspiring the workplaces Inspiring the workplaces Weekly News Highlight 1.Loosening real estate regulations Central Bank holds reservations 2. For first-time buyers to save their lives, the eight major banks will suspend the new quota for large builders 3! The amount of industrial real estate transactions in the first eight months exceeded last year's $91.7 billion. 4! Wistron to build its first "mega-scale data center" in Taiwan 5. Rentech continues to revitalize its assets 5,000 ping of industrial land in Guanyin will be put up for sale in October 6. Kyodo is spending more than $1.5 billion to purchase land and equipment in Zhunan to expand its production capacity 1. Laxing the restrictions on real estate The central bank is holding a reserved stance 2024.09.05 Economic Daily News I By Peggy Liao, Mei-Jun Chen/Taipei In order to help solve the mortgage drought, the Bank of China is proposing three major real estate lending projects. Excluding the "Banking Law" 72-2 article real estate 30% limit, which attracted the most attention is the crisis of the old are more civil construction financing sub-family housing loans, but the central bank's attitude to retain, suggesting that the FSC to consider the overall situation, to avoid the real estate market over-absorption of funds, affecting other industries. The FSC invited the Central Bank, the Ministry of Finance and 13 private banks to discuss the issue of housing loans yesterday (4). Mr. Lin Chih-chi, Deputy Secretary of the Banking Bureau, said that the central bank mentioned that the concentration of real estate lending is already close to an all-time high, and that increasing the number of excluded items will cause the real estate market to over-absorb funds, which will affect other industries. Mr. Lin said that some banks in the meeting suggested that Article 72-2 of the Banking Law (known as the real estate law) be excluded from the conversion of the construction financing of dangerous old buildings into subdivided mortgage loans, mainly because the construction financing of the dangerous old buildings would not be counted as Article 72-2, and it was suggested that it could be excluded when these buildings were converted into mortgage loans. The main reason for the exclusion is that it has nothing to do with the real estate boom in China. Thirdly, the loans for the construction of libraries and sports centers by government agencies are also excluded. Lin Zhiji said, on the "more dangerous old to housing loans" can be excluded, the central bank meeting has put forward some views, suggesting that the FSC overall consideration; overseas branches of the construction of the exclusion of the advantages and disadvantages of the FSC in these two cases will be carefully evaluated, not already decided. 2. for the first buyers to save the emergency eight banks will be large builders to suspend the new quota 2024.09.04 United Daily News I reporter Zhu Hanlun / Taipei Instant Report builders to pay attention to the future if you want to buy the land, the first assessment of their own pockets are not deep enough. It is understood that last Friday, after Premier Zhuo invited the eight banks to meet, the major banks have reached a consensus among the five, which, due to the current priority to rescue the first home buyers without their own homes home loans, so the future of the major banks to large builders of the existing quota, at least the first half of next year will not be increased, and at the same time, will not be underwritten by the remaining home loans. As for the new Greenback interest rate, under the direction of the Executive Yuan, the major banks have reached a consensus not to increase the new Greenback interest rate, but other interest rates, depending on the cost of capital of the bank will be adjusted according to the situation. According to sources, in the meeting convened by Premier Cheuk-yee last week, some officials asked the bankers.

Professional Office Design, Inspiring the workplaces Inspiring the workplaces Weekly News Highlight 1. Fed Minutes: Most Officials Estimate September is the Right Month to Cut Interest Rates 2. Public Bank: Central Bank to Increase Housing Market Control Measures in September "These Two Measures" are Most Likely to 3. Older Hotels are Changing Huatai Prince Sihua is Starting 4. North City of Tianjin 4. 410 million for the big hotels in the North City of Tianjin changed hands 5. Supermicro R & D center settled in Tainan, Kaohsiung is expected to bring 15 billion yuan of new investment 6. Sinopec bidding for the sale of land in Kaohsiung 8,861 ping a revenue of 7.6 billion yuan 1.Fed minutes: most officials estimate that September is suitable for interest rate cuts 2024.08.22 I Business Times I reporter Lui Chia-en / report on the Federal Reserve Board on the 21st announced the minutes of the July meeting, which showed that the content of most of the decision-making officials with the meeting on inflation, the central bank to reduce interest rates in September, the central bank to reduce the number of people in the housing market. The Federal Reserve Board released the minutes of its July meeting on July 21, which showed that most of the policymakers at the meeting were more confident that inflation would continue to fall, and therefore thought it might be appropriate to cut interest rates in September. Some of the officials even thought that inflation and the job market had stabilized, and that there were enough reasons to cut interest rates in July. The Federal Reserve Board concluded its interest rate decision-making meeting on July 31, keeping the federal funds rate at its highest level in more than two decades. However, it made a significant change in its post-meeting statement, which differed from its previous statement that inflation was "still strong" by saying that inflation had slowed in July, and changed the phrase "the Administration is highly concerned about inflation risks" to "the Administration is concerned about the risks of the two tasks (i.e., the dual risks of inflation and the employment objective)". Nick Timiraos, a reporter for the Wall Street Journal, who is known as the "Federal Reserve Board's sounding board," pointed out at the time that the Federal Reserve Board's equal treatment of employment and inflation goals in the statement meant that inflation might no longer be an obstacle to rate cuts, and that it was opening the door for rate cuts. The minutes of the meeting released on the 21st indicated that all policymakers at the meeting were in favor of keeping interest rates unchanged, although some participants noted that progress in reducing inflation and rising unemployment had justified a rate cut at the meeting. Many participants felt that monetary policy remained restrictive, although views on the extent of monetary tightening varied, with a few participants pointing out that even if the nominal target range for the policy rate remained unchanged, a sustained downturn in inflation would itself have a monetary tightening effect, while a majority of participants emphasized the importance of the Administration's reliance on data, and reiterated that monetary policy decisions depended on the development of the economy rather than on a predetermined path. Most participants emphasized the importance of data and reiterated that monetary policy decisions depended on economic developments rather than a predetermined path. As for the outlook for the job market, most participants considered that the risk to the full employment target had increased, while the risk to the inflation target had decreased; some policymakers even warned that there was a risk that the labor market might deteriorate significantly, and that cutting interest rates too late or not enough might hit the economy and employment. Considering the weakening of the labor market, policymakers have therefore lowered their expectations for U.S. economic growth in the second half of this year. According to these minutes, data in recent months have reinforced officials' confidence that inflation is moving downward toward the 2% target, with the vast majority of participants believing that the U.S. economy is on a downward path toward the 2% target.

Professional Office Design, Inspiring the Workplaces Inspiring the workplaces Weekly News Highlight 1. The East Side The unit price of a small store is 6.59 million dollars, a seven-year high 5. Runtai revitalizes its assets and puts 4,634 pings of land and factory buildings in Taoyuan Guanyin factory up for sale 6. Lippo spends 1.56 billion dollars to hunt for 3 pieces of land 7. Wah Kwok increases its investment in Taichung and spends 1.37 billion dollars to buy 1,000 pings of land from King Ding and a natural person 8. Taichung's land transactions are hot! Continental Construction Planting Flag 13 Phase 1.16 Billion to Buy 1,000 Pings of Land 9. Fengyi Biotech Smashes Nearly $700 Million to Buy Type B Industrial Land Kaohsiung's Industrial Real Estate Transaction This Year's Next Highest Total Price 1. But on the other hand, the Ministry of the Interior (MOI) has been calling for two years, and is expected to add a new "pre-casting method" capacity incentive, even if the threshold is relaxed, but the incentives are still low, and the planning originally scheduled for the first half of this year has fallen through, and will have to wait a little longer. The Ministry of the Interior is ready to add "pre-casting method" capacity incentives, previously revised the threshold for obtaining incentives, the first level for the pre-casting rate of 70% or more can be 5% incentives, the second level for 45% or more, not up to 70% can be 4%, the third level of 20% or more, not up to 45% is 3%. original efforts to the first half of the year, now confirmed to skip the vote. Now confirmed to skip, and even in the builders worried about high cost, low flexibility of customer change under the worry, to catch up at the end of this year to formally announced also have to play. The so-called pre-casting method refers to the columns, beams or external walls and other structures, pre-cast in the factory to complete, in the maintenance, to reach the required strength, transported to the construction site to install the positioning, can solve the problem of shortage of work, but also can reduce the construction site pollution, and has the benefit of carbon reduction. As for the time incentive for dangerous and old buildings, during the previous amendment of the Urban Dangerous and Old Buildings Accelerated Reconstruction Ordinance (Dangerous and Old Buildings Ordinance), the "Early Bird Discount" was planned, which means that the time incentive for reconstruction can be awarded to 10% within three years after the implementation of the Ordinance, and the time incentives will be reduced from the fourth year onward by 8%, 6%, 4%, 2%, and 1%, which will be zeroed out in May 2025. The time schedule award plus the scale award will be zeroed out in May 2025. Time-based awards plus size awards are limited to 10%. Less than a year from the end of the time award, the Ministry of the Interior officials frankly, the time award to renew the life, it is necessary to start again to amend the legislation on the elderly in danger, the fear of wasting time, and the initial inclusion of the time award is to accelerate the reconstruction of the elderly in danger, can not be "early bird early bird", contrary to the fairness of the situation. 2. The value of the Huan Ya building is worth more than $100 billion and is expected to last for ten years2024.08.16 Economic Daily News

Weekly News Highlight 1...30-month high...Continued warming...Red light in June 2...Buyers can't catch up with the market! The housing market cooled down in July. 3. Commercial office buying is booming. 27 office buildings in the North City saw billion-dollar transactions, totaling $17.5 billion. 4. New America is spreading its money! Mitsubishi Land Corporation (MLCC) is the first to invest in Taiwan's logistics industry. 6. Qunitron's four factories in Nanke are confirmed to be sold. 7. Orange Line's O9 Lingya Sports Park Station A base is expected to attract $17.1 billion in capital to become a new landmark. 8. Kaohsiung's AI is making a lot of money? Runlong to spend another $1.02 billion to buy land in Lingya from Capital Construction 1...Record high in 30 months...Continuing to warm up...June Climate Signal "Red Light" 2024.07.29 The United Daily News I Correspondent Lin Hai/Taipei Instant Report The National Development Council (NDC) released its June Climate Signal, and it lit up the red light for "Hot", with a composite score of 38 points, an increase of 2 points from the previous month, and this time it is the second time since December 2021 that it has lit up the light. This is also the second time since December 2021 that a red light has been shown, a record high in the past 30 months. The NDRC Director of Economic Development Chiu Chiu-ying said that the red light in June was mainly due to the demand for semiconductors and servers, coupled with the stabilization of external sales of transmission products, and the leading and simultaneous indicators continue to rise, indicating that the domestic economy continues to warm up, and the second half of the year can be optimistic about the prospects of the economy. Chiu said that in June, the nine components of the project, industrial and service sector overtime hours from the green light to a yellow-red light, points increased by 1 point, the value of customs exports from the green light to a red light, points increased by 2 points; manufacturing business climate test points from the yellow-red light to a green light, points decreased by 1 point; the remaining six lights remain unchanged. Chiu pointed out that the export of information and communication equipment is still strong in June, but the export of traditional industries has also turned positive, which shows that the de-stocking has come to an end, and the unevenness of the industry has been improved. Chiu also said that the leading indicators have risen for nine consecutive months, with a cumulative increase of 4.6%, while the indicators have risen for 14 consecutive months, with a cumulative increase of 12.16%. The AI consumer applications in the fourth quarter of this year can be expected, and the traditional industry is also in a rebound cycle, so we are still optimistic about the second half of the year. Chiu said, with the gradual recovery of international end demand, the supply chain to replenish inventory willingness to increase, coupled with emerging technology applications, strong business opportunities, as well as consumer electronics new product preparation season is approaching, export growth momentum is expected to continue. In terms of investment, Qiuying said that the domestic semiconductor supply chain to maintain the leading edge in technology, continue to expand high-end production capacity, coupled with the investment in Taiwan three major programs continue to be implemented, the international standard manufacturers to invest in Taiwan, as well as the domestic green energy devices continue to promote, etc., have added to the momentum of investment; consumption, the domestic economy will help to warm up to drive the willingness of enterprises to adjust wages, the first five months of this year to achieve

1. 8 major office buildings in downtown North City will be completed this year, leading to a wave of corporate relocation
2. Nangang as a major expansion center for the ICT industry
3. New Mazars buys $830 million industrial site in Tingkan, Mie Prefecture, its first commercial real estate development.
4. Builders in Taichung have spent $16.4 billion in July on the Taichung Land Hunt.
5. 8-year moratorium on the reopening of Kaohsiung's Gushan "Nong 21" Special Zone 1,000 pings of land for public bidding.
6. Sinopec land 5,000 ping reserve price of $4.2 billion

U.S. Federal Reserve Chairman Jay Bauer pointed out on Sunday that U.S. economic data in the second quarter gave policymakers more confidence that inflation would fall to the 2% target, and that the Fed would not wait until inflation touched 2% before cutting interest rates. Bloomberg reported that after Goldman Sachs said the time was ripe for a rate cut, the market increased bets on the Fed cutting rates three times this year.

Nvidia CEO Jen-Hsun Huang Decides to Set Up Asia-Pacific's First AI Intelligence Center in Taiwan, Fueled by a Tidal Wave of Funding
The new R&D Centres will also help to boost the potential demand in the commercial office market in terms of turnover, rental market, and leasing costs, and will also contribute to the development of the new R&D Centres.
There are bright spots in the three major indicators of commercial real estate turnover! Jones Lang LaSalle's latest statistics show that commercial real estate transactions in the first half of the year
The office leasing area in Taipei City reached 17,400 ping, which is directly comparable to the office leasing area of
For the whole year of 2023, the average monthly rent per ping of office space will reach $3,196, setting a new record.