Major Taiwanese developers and brokers are poised to launch new housing projects in the coming spring sales season to take advantage of the nation’s robust economy and a real-estate boom.
Taiwan’s two largest housing agencies, JSL Construction & Development Co (愛山林) and Hiyes International Co (海悅國際開發), said they have NT$110 billion (US$3.95 billion) and NT$80 billion worth of projects on hand for the season with starting dates next month and April.
The sales strategy reflects positive sentiment on the supply side, encouraged by last year’s strong growth in GDP of 6.28 percent, and could continue to expand by more than 4 percent
Hiyes holds on to No. 1 real-estate title
FAST TURNAROUND: Taiwan’s control of the COVID-19 outbreak helped the sector recover, and there should be a continued boom this year, a research manager said
By Crystal Hsu / Staff reporter
Hiyes International Co Ltd (海悅國際開發) retained the title of Taiwan’s top real-estate agency by last year securing more than NT$100 billion (US$3.51 billion) in business, an annual survey by Chinese-language My Housing Monthly showed yesterday.
Hiyes, which has held the No. 1 spot for 12 consecutive years, won 41 consignment deals valued at NT$138.6 billion, with more business in New Taipei City and Taoyuan than in Taipei, the survey found.