Stay updated with breaking news from கட்டிடம் வணிக இணை. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Housing affordability drawing home buyers to New Taipei City: report 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.
The Ministry of the Interior and lawmakers are pushing for amendments that would raise the cost burden for multiple homeowners and property developers, after credit controls and property tax hikes were recently implemented to cool the property market. The ministry plans to introduce a bill to lower the percentage of public space in new housing projects to make them more affordable, saying that public space accounts for an increasing share of the projects, from 20 percent in previous years to 30 percent or more. Minister of the Interior Hsu Kuo-yung (徐國勇) last week told lawmakers that the ministry would revisit construction rules ....
Taiwan shares close up after U.S. rally 03/16/2021 04:05 PM To activate the text-to-speech service, please first agree to the privacy policy below. Taipei, March 16 (CNA) Shares in Taiwan moved higher Tuesday to close above the 16,300-point mark as investors were encouraged by a rally on U.S. markets overnight, dealers said. The upturn was capped by lingering concerns over a possible technical pullback for large cap tech stocks, which had relatively high valuations, while old economy stocks, particularly in the tourism and construction sectors, attracted rotational buying throughout the session, the dealers said. The Taiex, the weighted index on the Taiwan Stock Exchange (TWSE), ended up 63.83 points, or 0.39 percent, at 16,313.16, after moving between 16,244.99 and 16,340.66. Turnover totaled NT$295.95 billion (US$10.48 billion). ....
Shining Building plans to launch new projects By Crystal Hsu / Staff reporter Shining Building Business Co (鄉林建設) aims to launch NT$20 billion to NT$30 billion (US$704.8 million to US$1.06 billion) of new housing projects this year to take advantage of demand fueled by continued capital repatriation and low borrowing costs, Shining chairman Lai Cheng-i (賴正鎰) said yesterday. The plan was announced even though the Taichung-based developer expects presale projects this year to fall 10 percent from last year as the central bank’s selective credit controls raise capital requirements. “Shining will seek to introduce new projects valued between NT$20 billion and NT$30 billion a year in Taiwan, while more than doubling the volume to NT$70 billion to NT$80 billion in China,” Lai told a news conference in Taipei. ....