Jimmy Lai's Family Sells Taipei Luxury Apartment for NT$330 Million

A luxury apartment near Taipei's Daan Forest Park has been sold by Jimmy Lai's family for NT$330 million (approximately $10.2 million USD). The transaction, revealed on Taiwan's official real estate transaction disclosure website, involved a unit on the 10th floor of the "Regal View" (formerly "Dinggao Lijing") building on Xinsheng South Road, Section 2. The seller was identified as Hong Kong Shang Ling Yue Co., Ltd., a private company established by Lai's family in Taiwan. The buyer is a natural person with the surname Cao. The apartment spans approximately 223.92 ping (about 739 square meters), including four parking spaces. After deducting the parking space area and cost, the price per ping was calculated at approximately NT$1.94 million. This sale represents the second luxury property divestment by Lai's family in Taiwan within the last four and a half years. The family had previously sold a luxury apartment in the same building in 2019. Real estate experts note that properties in this prime location, adjacent to Daan Forest Park and within the desirable Xinsheng and Jinhua school districts, are highly sought after and rarely available. Despite the building being 12 years old, its design and the per-ping and total prices achieved are considered exceptional for the area. However, limitations in the building's site scale and parking arrangements mean its price performance may not match other top-tier residential projects across the park. The family had initially purchased seven units in the "Regal View" building during its pre-sale phase for a total of NT$1 billion.

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The price per ping was about NT$1.94 million.