The general index of national urban land price was set to be 100 on March 31, 2018 as the base period. Using the basis, the general index of national urban land price for Apr 1 to Sep 30, 2018 stood at 100.22. Compared to the preceding six months, the index decreased
0.22%. The top three with the price increased included: Lienchiang County (increased by 1.32%), Tainan City (increased by 1.18%),and
Keelung City (increased by 0.87%). The most obvious decline is in New Taipei City (decreased by 0.42%), and the second largest decline is in Taoyuan City, Hsinchu County and Penghu County (decreased by 0.24%).
Lienchiang County increased by 1.32%, which is the largest increase in this period. The main reason is that Lienchiang County actively promoted tourism marketing, and the number of tourists increased by 49% compared with the same period of last year, gradually attracting tourists and investment demand, which led to the rise in land price. The land price of the county was so low that the fluctuations were more obvious after the increase. Beside, New Taipei City decreased by 0.42%, which is the largest decline in this period. As the presold houses and new homes in the overall development area of the city have been completed, the amount of vacant houses has increased, the price was negotiable, and the price continue to be revised downwards, which affected the trading market of the existing houses, and the most obvious decline is in Xinzhuang District.
According to the trend of the index changes, the general index of national urban land price turned into an upward trend in this period after four consecutive periods of decline. Among six special municipalities in this period,Taipei City has turned into an upward trend after five consecutive periods of decline; New Taipei City and Taoyuan City are still in a downward trend after five and four consecutive periods of decline; Taichung City and Tainan City are still holding upward trend; Kaohsiung City has turned into an upward trend after two consecutive periods of decline.
Compared with the previous price index of the respective national land use zoning, residential index increased by 0.17%, commercial index increased by 0.36%, and industrial index increased by 0.31%. Lienchiang County is the largest increase of residential price (increased by 1.56%). New Taipei City is the largest decline of commercial price (decreased by 0.95%). Both Tainan City (increased by 1.61%) and Hualien County (decreased by 1.61%) are the largest increase of industrial price.
Registration of Land Ownership by Transaction is 258,922 from Apr 1 to Sep 30, 2018. Compared to the preceding six months, the transactions decreased 3.53%. Compared to the same period over last year, the transactions increased 0.57%.
Overall, the urban land price analyzed in this issue showed that all the counties and cities(except Lienchiang County and Tainan City )indicated a slight rise or decrease within 1% of the index. Also, the general index of national urban land price and land use zoning were showed a increase.