TSMC and ASE position for Baipu industrial park. Which housing district will get the property boom first?
Translated from Chinese and summarized by DistantNews. Read the original for the full story.
At a glance
- Kaohsiung’s Baipu Industrial Park is being developed as a semiconductor and advanced-packaging hub involving TSMC, ASE and related suppliers.
- About 25 hectares of the 88.73-hectare park are planned for TSMC and supply-chain companies, with construction expected to begin this month after government approval and developer selection.
- Qiaotou New Town offers proximity to industrial sites, while Kaohsiung University Special District has more developed amenities and nearby access to TSMC’s Nanzih site.
TSMC and ASE are helping shape Baipu Industrial Park into another piece of northern Kaohsiung’s semiconductor cluster. As factories, training programs and research capacity take form, the region’s demand for workers and housing is expected to grow together.
The park covers about 88.73 hectares, according to Kaohsiung Deputy Mayor Luo Dashi. Around 53 hectares are designated for industrial use, including roughly 25 hectares for TSMC and related suppliers. The focus will be advanced back-end semiconductor equipment and supply chains. The Ministry of Economic Affairs approved the park on March 17, and the selection of a public-works developer has been completed. A development contract is now being signed, with construction expected to start this month.
The plans extend beyond factory construction. TSMC is expected to support talent training and a materials research laboratory, while ASE plans to build two new factories focused on advanced packaging technologies such as CoWoS and PLP. The planned cluster would connect equipment and materials research, testing, verification and mass production.
That industrial outlook has put two residential areas under market scrutiny. Qiaotou New Town is closer to the industrial bases and has benefited from the Qiaotou Science Park, Kaohsiung Metropolitan Park and Qingpu metro station. Its average transaction price over the past year was about NT$351,300 per ping, with six new projects on sale, but its daily amenities are still developing.
The Kaohsiung University Special District recorded an average of about NT$359,200 per ping, with 29 new projects on sale. It has a more established commercial area, green spaces and parks, as well as proximity to TSMC’s Nanzih site. Real-estate executive Li Jiao-shi said the district could attract technology-sector families if commuting to Baipu and Qiaotou industrial clusters can be kept to about 15 minutes.
If engineers can keep their commute to the factories to about 15 minutes, that will have a certain appeal for technology-sector families.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.