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๐Ÿ‡น๐Ÿ‡ผ Taiwan /Economy & Trade

Keelung Port announces tender for over 2,200 ping of land for commercial development

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Taiwan International Ports Corporation's Keelung branch announced a tender for land development north of Dongnuan New Village in Keelung City.
  • The project offers over 2,200 ping (approximately 7,296 square meters) of land zoned for residential use, with potential for commercial retail and dining establishments.
  • The initiative aims to revitalize the area by introducing essential retail services and creating a vibrant commercial hub, leveraging the land's unique advantages and flexible development potential.

The Taiwan International Ports Corporation's Keelung branch has announced a significant land development tender, "Dongnuan New Village North Side Land Tender," located in Keelung City's Nuannuan District. This initiative aims to revitalize the area by offering over 2,200 ping (approximately 7,296 square meters) of prime land for development.

The site, zoned for third-class residential use (Zoning III), allows for commercial retail and dining establishments under specific low-floor and area restrictions. Recognizing that large-scale development might not yet be mature, the immediate plan focuses on enhancing the "living functions" for residents in the Dongnuan New Village vicinity. This involves attracting essential retail services and diverse dining options to quickly fill the consumption gap in the Nuannuan area.

Key advantages of this tender include its complete, contiguous land parcel, offering flexibility with four distinct blocks. The land's zoning (Zoning III) permits a building coverage ratio of 50% and a floor area ratio of 250%. Its rarity as a large, privately-owned parcel by the Ports Corporation provides unique, "uncopyable" location value for long-term investment.

Furthermore, the site boasts excellent street frontage and visibility, making it an ideal location for brands to establish their image. The development potential is highly versatile, suitable for creating cultural and creative spaces, retail malls, mixed-use commercial clusters, themed exhibition venues, or large convenience stores. The Ports Corporation offers a stable rental basis and flexible cooperation models, including a single enterprise undertaking the entire lease and development or a master tenant bringing in multiple brands.

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.