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Hiyes, Sinyi Realty earnings boosted by first-home buyers

Hiyes, Sinyi Realty earnings boosted by first-home buyers
taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.

Real-estate presale season reveals mixed picture

Hiyes net income drops 38 37% - Taipei Times

Robust economy, property boom prompt new projects

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

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