Airport MRT's 'Undervalued' A10 Station Sees Buying Frenzy as Prices Rise

The Airport MRT's A10 Shanbi Station redevelopment area in Taoyuan's Luzhu district is emerging as a hot spot for property buyers, largely due to its comparatively lower housing prices. While areas like Linkou, A7, and Qingpu along the same MRT line have seen significant price increases, A10 remains accessible, especially after a market downturn last year. Prices there now hover between NT$390,000 and NT$450,000 per ping, making it an attractive option for those priced out of more established locations.

This price advantage has spurred interest from buyers across districts, including Dayuan, Linkou, and Guishan, who are drawn to the convenient MRT access and competitive overall pricing. Local demand from Luzhu residents is also strong, supplemented by these cross-district buyers. The area's development is further fueled by new projects, such as the "Zhaoyang Tianyang" series by Zhaoyang Development, which offers 2-3 bedroom units and has seen steady sales, with actual transaction prices around NT$400,000 to NT$450,000 per ping.

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A10 currently maintains relatively affordable housing prices. After the market correction, it has formed a price advantage, attracting many cross-district buyers and further heating up regional development.

However, the market is seeing a price escalation with new developments. "Shi Sen," a new project by Xingshu Construction, is currently the highest-priced in the area, with asking prices between NT$500,000 and NT$530,000 per ping. Despite this, there is reported market interest, with a 37-ping unit advertised at NT$15.55 million. This trend suggests a potential shift in the A10 area's market positioning.

Industry observers note that A10's primary appeal lies in its affordability relative to other popular MRT-adjacent zones. As local amenities improve and new projects test higher price points, the area may soon shed its label as an "undervalued" pocket along the Airport MRT line. The ongoing development and increasing price points will be key indicators of its future market trajectory.

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The A10 redevelopment area's biggest advantage is that housing prices are still significantly lower than popular areas like Linkou and Qingpu. Coupled with the convenient commute via the Airport MRT, it still holds a certain attraction for buyers from the greater Taipei area and local first-time homebuyers.