Urban Land Price Indexes
The significant commercial and industrial development, as well as the rapidly changing economic structure in Taiwan in the mid-seventies have led to volatile urban land prices. Thus, it is necessary to provide timely and accurate information on urban land prices. The Ministry of the Interior has been compiling indexes of urban land prices by employing various methods since 1989. The project of “Survey and Compilation of Indexes of Urban Land Prices” was first made in 1991. After submission to the Executive Yuan for approval, Directions for Survey and Compilation of Indexes of Urban Land Prices were established and promulgated to be used as the legal basis for surveying land prices and compiling indexes. Approved on November 6, 1991 by the Executive Yuan, the project of “Survey and Compilation of Indexes of Urban Land Prices” was launched in July 1993. In addition, indexes for all cities, counties, and towns in Taiwan were to be compiled by calculating the weighted average land prices of urban areas every six months and released on the 15th of January and that of July, respectively. The 53nd results of such calculations during the period from Apr 1 to Sep 30, 2019 are shown as follows. For more information, please refer to the attached tables and charts.