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Democratic Progressive Party (DPP) Taipei mayoral candidate Chen Shih-chung (陳時中) yesterday outlined his ideas for solving long-term traffic problems in the city’s Neihu District (內湖) that involve adding two sections to the MRT metropolitan railway system and four road construction projects.
The traffic congestion problem in Neihu has over the past few weeks been the focus of a verbal battle between several mayoral candidates, with Chen announcing that he would try to solve it if he were to become mayor.
Chen said two main roots of the problem are that the Sun Yat-sen Freeway (Freeway No. 1) runs through the district, causing
The leasing market for Taipei’s upscale offices was resilient last quarter, as the monthly average rent gained 0.7 percentage points to NT$2,847 (US$101.13) per ping (3.3m2), although the vacancy rate climbed slightly to 2.4 percent, the local branch of Jones Lang LaSalle Inc (JLL) said yesterday.
The minor increase in vacancy resulted from landlords squeezing extra spaces to meet market needs amid a lack of fresh supply in central locations, JLL senior market director Brian Liu (劉建宇) told an online news conference.
The vacancy rate remained ultralow at 2.4 percent last quarter albeit slightly up from 1.9 percent in the second