{"id":30649,"date":"2016-10-19T11:34:25","date_gmt":"2016-10-19T04:34:25","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-are-more-than-860000-taiwan-homes-empty\/"},"modified":"2016-10-19T11:39:58","modified_gmt":"2016-10-19T04:39:58","slug":"why-are-more-than-860000-taiwan-homes-empty","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-are-more-than-860000-taiwan-homes-empty\/","title":{"rendered":"Why are more than 860,000 Taiwan homes empty?"},"content":{"rendered":"


\nAlarming numbers of unoccupied residences
\nChinese lanturns in New Taipei. NH\/Shutterstock
\nThere were 862,600 empty properties at the end of 2015 in Taiwan, the country\u2019s Ministry of Interior said last week.
\nOf the unoccupied, 118,713 were in New Taipei, and 63,890 in Taipei, according to statistics assembled by MoI real estate information platform
\nNew Taipei, also known as Xinbei is a special municipality and the most populous city in Taiwan.
\nThis accounts for a non-so-paltry 10.35 percent of te total, and shows that over 20 percent of properties in greater Taipei were unoccupied, reports Focus Taiwan.<\/p>\n

More: Why soaring property prices in Taipei are a cause for concern
\nAcross the country, the highest rate of unoccupacy was in the northeastern city of Yilan, where 15.98 percent (28,000) of properties sat unused.
\nNew Taipei and Kaohsiung Had the highest number of empty residences \u2013 118,713 and 111,101 respectively.
\nReal estate in Taipei is known to be expensive. Taiwanese media have previously stated that, based on average income, the average household would have to \u201cneither eat nor drink\u201d for over fifteen years in order to buy a property.
\nRead next: Taipei rising: will new tax reforms signal a real estate comeback?
\n
\nSource : property-report.com
\nRead more…Why are more than 860,000 Taiwan homes empty?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Alarming numbers of unoccupied residences Chinese lanturns in New Taipei. NH\/Shutterstock There were 862,600 empty...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-30649","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-7Yl","jetpack-related-posts":[{"id":43327,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taiwan-defies-property-curbs-with-an-impressive-rise-in-sales\/","url_meta":{"origin":30649,"position":0},"title":"Taiwan defies property curbs with an impressive rise in sales","date":"February 8, 2017","format":false,"excerpt":"\r It\u2019s not just Mainland China that\u2019s feeling the heat Fireworks from Taipei 101 on New Year\u2019s Day 2017. 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