No Sales Despite Transactions! Taipei Pre-Sale Deals Plummet Nearly 40%, Price Per Ping Hits New High of 1.245 Million
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- Taipei's pre-sale housing market saw a nearly 40% drop in transactions in 2025 compared to the previous year.
- Despite the decline in volume, the average price per ping for pre-sale homes reached a new high of 1.245 million New Taiwan dollars.
- Overall housing sales in Taipei also decreased, marking the lowest volume since 2013, though average prices continued to climb.
Taipei's housing market experienced a significant downturn in pre-sale transactions in 2025, with sales volume plummeting by nearly 40% compared to 2024.
The Taipei Department of Land Administration reported that the city's residential property market saw 10,662 sales in 2025, the lowest figure recorded since 2013. This represents a 29.56% decrease from the previous year. The total transaction value for residential properties also fell by 25.47% to 337.4 billion New Taiwan dollars.
Despite the drop in sales volume, property prices continued their upward trend. The average transaction price for residential properties in Taipei reached a new high since 2013, increasing by 3.83% to 29.53 million New Taiwan dollars. The average price per ping also rose by 2.69% to 839,000 New Taiwan dollars.
In the pre-sale market specifically, transaction volume decreased by 37.73% to 3,883 units, with a total transaction value of 167.8 billion New Taiwan dollars, down 36.03% from 2024. However, the average price per ping for pre-sale homes surged to a record 1.245 million New Taiwan dollars, an increase of 1.14% from the previous year. The average total transaction price for pre-sale homes also rose by 2.59% to 43.19 million New Taiwan dollars.
Gu Niansheng, general manager of Shenghua Construction, commented that Taipei's housing market faces relative scarcity, making significant price drops unlikely. He noted that buyers capable of purchasing in Taipei are typically between 35 and 40 years old, often with parental assistance. Despite this, he believes there is still a fundamental demand, and well-located, thoughtfully planned properties will continue to sell well.
Taipei has relatively scarce housing, and prices are unlikely to fall. Buyers who can afford to buy in Taipei are at least 35-40 years old, mostly with parental help, but the market's basic demand is still there. As long as the location and function are good and the planning is meticulous, good buildings will still sell smoothly.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.