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๐Ÿ‡น๐Ÿ‡ผ Taiwan /Economy & Trade

Kaohsiung new housing projects attract first-time buyers with low-ratio, low-price, low-total-price appeals

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

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  • New housing projects in Kaohsiung are targeting first-time buyers with a "three-lows" strategy: low common area ratio, low unit price, and low total price.
  • Developers are offering incentives like free renovations and appliances, alongside proximity to major transport networks.
  • This approach aims to attract budget-conscious buyers and boost property viewings amid market shifts.

Kaohsiung's real estate market is seeing a surge of new housing projects specifically designed to attract first-time homebuyers, employing a "three-lows" strategy emphasizing low common area ratios, low unit prices, and low total prices. This approach is particularly timely as the market anticipates changes with the upcoming "New Youth Housing Loan 2.0" initiative.

Developers are enhancing their offers with additional perks such as complimentary renovations, air conditioning units, and home appliances. Projects like "้šCASA" by Omei Construction, located near Guobai Elementary School, feature 2-3 bedroom units with a low 28.6% common area ratio and no balcony designs, starting at 9.58 million New Taiwan dollars for a 3-bedroom unit with a parking space. Similarly, "่ฏ้›„่Šฑ็”บ้™ข" by Huaxiong Construction in Fengshan offers units starting at 298,000 NT dollars per ping.

Other developments include "ๅคงๆฉ˜ๆ–ฐๅŠ ๅก5" by Xiangjie Construction in Daliao, offering 2-3 bedroom units with a 30% common area ratio and starting prices from 8.88 million NT dollars, including a parking space and various amenities. "ๆฉ˜้ขจๅ…‰," another Xiangjie project, presents a luxury low-rise building with units starting at 13.14 million NT dollars, including a parking space and high-end finishes.

Market observers note a slight improvement in viewing activity, with some pre-sale projects in southern Kaohsiung reportedly attracting over 200 appointments immediately upon launch. This positive response is boosting market confidence and drawing attention to new developments that cater to the needs and budgets of first-time buyers.

DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.