By Crystal Hsu / Staff reporterTaipei 101, in the capital’s prime Xinyi District （信義）, won the “King of the Land” title for the 10th straight year, with the value of office space in the skyscraper rising to NT$6.55 million （US$213,286） per ping （3.3m2）, the Taipei City Government said.
The Taipei 101 skyscraper in the capital’s Xinyi District (信義) held on its title as the “King of the Land” nationwide for the ninth consecutive year, with the property valued at NT$6.3 million (US$226,782) per square meter, while buildings in other locations lost value due to the COVID-19 pandemic, the Taipei City Government said.
The changes in ranking and value came after the Taipei City Government adjusted assessed land value for taxation purposes next year. Homeowners have to pay land taxes annually and land value increment taxes upon selling their houses.
The Shin Kong Tower (新光摩天大樓) across the Taipei Railway Station in