Tag: Weekly Real Estate Market Information

Professional Office Design, Inspiring the workplaces Inspiring the workplaces Weekly News Highlight 1. Taipei City, nearly 90%, 172 office buildings vacancy rate of less than 10% by the end of the year, the rent trend is established, the landlord said it. 2! 2. The "King of Shops" has reappeared in the Eastern District! The rent of the store is 14,000 ping, a record high in a year 3. TECO rebuilds Songjiang Road building and creates an intelligent green building to be completed by the end of 2028 4. Creative purchases land and factory in Zhunan for $420 million to ensure the volume of the data center in response to the growth 5. The price of luxury apartments in Taichung has reached one million ping and the seven-phase Lianjiu Ruihe Building set a new record 6. SKYS has won the bidding for the lease for the development of the building of the Zuoying High-speed Railway Station. The Rainbow Bazaar's maximum lease extension is 30 years. 1. Nearly 90% of Taipei City's 172 office buildings have a vacancy rate of less than 10%, and the landlord has the final say on rent increases before the end of the year. 2024.10.15 Business Times I By Tsai Huifang / Report The landlord's market is strong! Nearly 90% of Taipei City's 172 office buildings have a vacancy rate of less than 10%, and 134 of them are fully rented, accounting for nearly 70% of the total. Market experts expect that by the end of the year, the office market will be in a state of oversupply, and the trend of rising rents will be established, and landlords will have the final say! Colliers International, senior executive director of corporate tenant services, said on the 15th Chen Songmin, in Colliers International, the latest completion of the "third quarter of 2024 Taipei City, Taipei City, Taipei City, commercial office market survey", the third quarter of the office market in Taipei City, Taipei City, continued to stabilize, the current vacancy rate of less than 10% of the current approximately 193 office buildings, there are 172 buildings, accounting for nearly 90% of the overall; as for the office building in full rent, there are As for office buildings under full occupancy, there are 134 buildings, accounting for nearly 70% of the total. On average, the vacancy rate is about 5.74%. Among the office districts, the Western District is the most impressive, with a quarterly rental increase of 2.53%, driven by Huangxiang Taipei Plaza. Mr. Chen said that the overall office market is more favorable to landlords, and it is expected that rents will continue to rise until the end of the year. In terms of office rents, Mr. Chen said that the average monthly rent per ping in the third quarter was about $2,645, which was the highest ever, and a slight increase of 0.2% from the previous quarter. Driven by the technology and financial services sectors that have boosted leasing demand, the accumulated net deleasing volume in the first three quarters totaled 40,155 ping, which has already surpassed last year's 15,000 ping, and is directly approaching the 2021 full-year level. Looking at the performance of the seven major office districts in Taipei City, the Western District is the most eye-catching, mainly driven by tenants moving into two new buildings such as the "Huangxiang Taipei Plaza" and the "Hongyao Cultural and Creative Building", the vacancy rate has been lowered from 12.64% in the second quarter to the current rate of 10.39%, which has also encouraged the average rent of the district to increase by 2.53% to NT$2,206 in a single quarter; the rest of the districts have remained stable, with the exception of the Nanjing East Road, Section 4-5 district, and the other districts. Other business districts remained stable, with the exception of Nanjing East Road Section 4 and 5, where the average office rent was $2,000. The average unit rent of offices in other business districts, except for Nanjing East Road Section 4 and 5, was $2,000.

Professional Office Design, Inspiring the workplaces Inspiring the workplaces Weekly News Highlight 1. Housing market is expected to have a soft landing next year 2. Carbon fee is finalized at NT$300 per ton. 3. Chih Hsin is expected to invest NT$2.87 billion in the triple-development project. 4. Electrical and Mechanical Consulting Company (E&M Consulting) is expected to invest NT$472 million in a 340-ping factory in Taichung Industrial Zone. 5. E&E engineering consultant won the bid for a 340-ping factory in Taichung Industrial Park for NT$472 million. 5. Brand builders in Taichung and top luxury brands have become a trend of cross-border cooperation. 1. Housing market is expected to make a soft landing next year. 2024.10.09 Business Times I Correspondent Kuo & Tien／Report The Central Bank is cracking down on speculation in the real estate market, which has cooled down. The latest "Taiwan Housing Market Scenario Light" released by Taiwan Housing Group and the Taiwan Center for Economic Research and Development of Central University shows that the fourth-quarter scenario score is 50.05, a quarterly decrease of 1.88 points; it is predicted that the first quarter of next year will be a slight rebound, but a downward revision in the second quarter, and that the first half of next year's housing market scenario will be transformed from an amber-red to a green light, and that the market will return to a stable and soft landing from the heat. Daren Wu, CEO of the Taiwan Center for Economic Development and Research at National Central University, said that among the major variables, the real gross domestic product and the registration of property sales and purchases declined slightly, but the gross floor area of certified building licenses and the balance of loans for home purchases and repairs rose, and that the fourth-quarter indicator scores, though slightly lower than those of the previous quarter, were still in the yellow-red light of the hot market. Taiwan Housing Group Chief Vice President Chou Hock-ming pointed out that economic fundamentals, capital levels are still the key to the housing market trend, the central bank credit control and the effect of the rise in standards will gradually emerge in the fourth quarter, the annual number of purchase and sale of transferred buildings will also be from the "explosion of the volume of large increase" to "flat slightly increased", only the bank lending level declined, the housing market will only rise again. The fourth quarter of the electricity price increase, deepen the psychology of inflation expectations, coupled with the beginning of next year, military and civil service pay raises, the technology industry year-end bonuses, the short-term willingness to buy a home slightly increased, but after the short-term effect, the international economy cooling variables, is expected to return to the second quarter of the trend of contraction, the first half of next year, is still the pattern of the boom is still burning. Zhou Hecheng believes that the supply of large, more investors in the emerging development areas, into the price consolidation, policy shortcomings in the early sale of cases, a small number of concessions; a small number of elite areas of the release of the indicators of the community, the low total price of the three-room products, the market scarcity of the release of the supporting force is still strong, the price continues to go up. Over the past year or so since the implementation of the new Qingan policy, a lot of first-time buyer demand has been absorbed, coupled with the bank's tightening of the silver bullet, the appraisal of the conservative, the marginal effect on the market will gradually fade; cash buyers who have strong capital and do not need to apply for a large number of loans, the competitiveness of the market has been greatly enhanced, and you can slowly select objects with good preservation of value, and become the biggest winners of the real estate market. In addition, industrial real estate and commercial real estate are not the subject of speculation. Enterprises, based on long-term development, purchase land and build factories after medium- and long-term prudent planning, some high-asset groups will turn to invest in storefronts and commercial offices, and the post-war baby boomers' retirement rigid demand has led to a recent trend of warming up of recreational farmland and farmhouses, which are low in tax costs. 2. The carbon fee was finalized at 3% per ton.

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

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.

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