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๐Ÿ‡น๐Ÿ‡ผ Taiwan /Economy & Trade

Tainan City Auctions Small Land Parcels After Central Bank Eases Controls

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Taiwan's central bank signaled an end to credit controls, leading to increased public interest in small land plots.
  • Tainan City Hall sold 8 out of 21 small land parcels offered in a land cleanup auction, achieving a 38% sell-through rate.
  • The city aims to resolve land registration issues, activate dormant land, and support local development and agricultural policies.

Tainan City Hall successfully auctioned off 8 of 21 small land parcels in its first land cleanup sale of 2026, achieving a 38% sell-through rate and generating over 31.24 million New Taiwan dollars. The auction followed a statement from Taiwan's Central Bank Governor Yang Chin-long indicating that selective credit controls would not be further tightened, which appeared to spur public interest in acquiring small plots.

selective credit control will stop here.

โ€” Yang Chin-longTaiwan Central Bank Governor Yang Chin-long's statement on credit controls.

Mayor Huang Wei-che explained that the "land cleanup and auction" policy aims to resolve issues with incomplete land registration and non-compliance with current regulations. By clarifying property rights and revitalizing land, the city seeks to enhance land development efficiency, increase the supply of building land, and support the policy of "farmland for farming."

A notable sale was a 3,013.16 square meter (911.48 ping) plot of Type B residential land in a rural area of Xigang District. This plot, previously difficult to utilize due to fragmented ownership, was fully sold, with the highest single bid reaching 4.35 million NT dollars. The public auction integrated scattered land shares, resolving long-standing land disputes and activating idle land.

The city government's promotion of the 'land cleanup and auction' policy is to thoroughly solve the problems of incomplete land registration in the past or non-compliance with current regulations.

โ€” Huang Wei-cheTainan Mayor Huang Wei-che explaining the city's land policy.

The city government reminded land rights holders that they have 10 years from the deposit of funds to claim their proceeds by submitting an application and relevant documents.

Through the public auction mechanism, fragmented shares that were originally difficult to use due to dispersed ownership have been successfully integrated, not only clarifying long-standing land disputes but also effectively activating idle land and enhancing overall economic value.

โ€” Tainan City GovernmentDescription of the impact of the land auction.
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.