🇹🇼 Taiwan

Taiwan's real estate market presents a stark contrast between Taipei — one of Asia's most expensive cities with price-to-income ratios exceeding 15x — and the rest of the island where properties remain remarkably affordable. A small apartment in Taipei's Da'an district can cost NT$30-50 million ($1-1.7M USD), while a spacious house in Tainan or Kaohsiung might be available for under NT$5 million ($160K). The government has implemented multiple rounds of housing justice measures, including a new selective credit control and higher taxes on multiple property owners.

Taiwan's property market has unique characteristics: buildings are typically sold in "ping" (1 ping ≈ 3.3m²), and pre-sale homes (預售屋) are a major market segment where buyers purchase before construction is complete. Foreign ownership is allowed under reciprocity agreements with certain countries, though mainland Chinese face significant restrictions. The market has been bolstered by Taiwan's booming semiconductor industry, with areas near TSMC facilities (Hsinchu, Tainan) seeing rapid price appreciation. Rental yields in Taipei are among Asia's lowest at 1.5-2%, reflecting the extreme price-to-rent imbalance.