Taipei 101 s land value remains highest in the city
12/17/2020 05:13 PM
CAN file photo
Taipei, Dec. 17 (CNA) Taipei 101, an iconic skyscraper in the capital city, remains the commercial property with the highest land value in the city for the eighth consecutive year, the municipal Department of Land Administration said Thursday.
In the department s 2020 land valuation assessment report, the land value of Taipei 101, the highest building in Taiwan, located in the bustling Xinyi District in the eastern part of the city, rose to NT$1.83 million (US$64,210) per square meter or NT$6.07 million per ping, up 2.11 percent from a year earlier.
Over the past eight years, the land value of Taipei 101 has risen 20.86 percent, Pan Yi-ju (潘依如), head of the department s land value division, told reporters.
Taipei 101’s land value still highest in the city
‘GRADUALLY, STEADILY’: Land values in Taipei rose an average of 2.17 percent this year, with properties in Nangang increasing 3.38 percent, a report showed
Staff writer, with CNA
Taipei 101 remains the commercial property with the highest land value in Taipei for the eighth consecutive year, the Taipei Department of Land Administration said yesterday.
The land value of Taipei 101, the tallest building in the nation, rose to NT$1.83 million (US$64,253) per square meter, or NT$6.07 million per ping (3.3m2), up 2.11 percent from a year earlier, the department’s land valuation assessment report showed.
Over the past eight years, the land value of the building has risen 20.86 percent, Pan Yi-ju (潘依如), head of the department’s land value division, told reporters.
Taiwan Business TOPICS
Tatung is a household name in Taiwan and was a major player in the
country’s industrial rise. Yet this century-old enterprise has fallen on hard times, its property the only remaining asset of value. What caused Tatung’s downfall, and will it be able to rise again?
It only took a couple of hours for the Lin family to lose management control of Tatung, a company it had stewarded for over a century.
On the morning of October 21, a group of activist investors known as the “market faction” scored a decisive victory at an extraordinary shareholders meeting, where their members were elected to seven of the nine seats on the company’s board of directors.