Taipei: Transit line fuels housing shift in Sanxia’s old town

The opening of the San-Ying line is giving Sanxia’s old town a new role in the housing market. The area, long dominated by older resale homes and generally cheaper than the Beida Special District, is now seeing fresh housing supply as its first urban renewal project moves forward.

Experts say rising prices for new projects in Beida are pushing some buyers toward the old town, where the entry price remains lower. Presale projects there are currently in the NT$50 million-per-ping range, while some older homes can be found in the NT$30 million-per-ping range.

Sanxia’s older core developed earlier and has a mature network of schools, shops, parks and medical services. Facilities include Zhongyuan Elementary School, Anxi Junior High School, the Zhonghua Road night market, En Chu Kong Hospital and Qingfu Hospital. The Sanxia River riverside path, Zhangba Left Bank Park and Yingwei Mountain Trail add recreational space.

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The San-Ying line has brought a new market theme to Sanxia’s housing market.

The San-Ying line has strengthened links with Yingge and Tucheng, bringing the previously overlooked area back into the view of developers and buyers. Projects now entering the market include Lixin Garden Cube, where the highest recorded transaction reached NT$557,800 per ping, and Jiunian Yunhua, the district’s first urban renewal project. Other developments include Hechang Chengzhen and Qingsong Anjia 2.

Resale apartment buildings in the old town sell for about NT$380,000 to NT$450,000 per ping, while elevatorless apartments average around NT$330,000. Experts say the line will increase the visibility of the wider Sanxia market, but buyers of older homes should also consider their condition, parking and future renovation costs.

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The San-Ying line does not only show its effect in housing prices. More importantly, it raises the visibility of the Sanxia market as a whole.