Property Prices in Taipei, Taiwan

Index Info
Price to Income Ratio: 31.19
Mortgage as Percentange of Income: 186.77%
Loan Affordability Index: 0.54
Price to Rent Ratio - City Centre: 54.09
Price to Rent Ratio - Outside of Centre: 43.87
Gross Rental Yield (City Centre): 1.85%
Gross Rental Yield (Outside of Centre): 2.28%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 25,211.27 NT$ 12,000.00-40,000.00
Apartment (1 bedroom) Outside of Centre 20,828.46 NT$ 8,000.00-35,000.00
Apartment (3 bedrooms) in City Centre 57,057.18 NT$ 30,000.00-90,000.00
Apartment (3 bedrooms) Outside of Centre 39,820.57 NT$ 20,000.00-78,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 30,843.14 NT$ 21,088.81-55,741.36
Price per Square Feet to Buy Apartment Outside of Centre 19,039.86 NT$ 11,241.17-31,586.77
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 43,035.75 NT$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.85 1.50-2.20

These data are based on 429 entries in the past 18 months from 102 different contributors.
Last update: April 2019

Sources and References: Info
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DeutschImmobilienpreise in Taipeh
ItalianoPrezzi delle proprietà immobiliari a Taipei
FrançaisPrix de l'immobilier à Taipei
EspañolPrecios de Inmuebles en Taipéi

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1 Comments so far

#Anonymous on Dec 31, 2018 :
In Taipei, or generally in Taiwan, the property prices are not transparent, which in other countries, like Singapore, would be regarded as illegal. The offered price is always gross, meaning that you even need to pay for “public area”. Prices are for a ping, which is 3,3 m2. In my example, the price per ping in city center is 1.000.000 NTD. With public area of 30% (at least) it gives you a per ping price of approx. 1.430.000 NTD. Divided through 3,3 it gives you 433.000 per m2 approx. But in reality you will never find this area either. If you ask why, the answer will be that you need to deduct walls etc. Furthermore the same m2 price will be charged even for non living area like a balcony, or a parking lot. And remember, in Taiwan, there’s absolutely no storage room when you buy/rent an apartment.