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Semiconductor industry capacity expansion drives annual purchases up by 60%.
- In Q4, the Central Bank maintained the benchmark interest rate and tightened selective credit control regulations unchanged; however, strict limits on mortgage interest rates and LTV ratios have been suggested.
- In Q4, large commercial property transactions totaled NT$28.3 billion, with 2024 annual transactions reaching NT$163.2 billion, representing a 14.5% YoY increase.
- Driven by semiconductor factory expansions, the demand for factories was the strongest, with annual transaction value reaching NT$75.2 billion, far exceeding the peak during the previous reshoring wave during the US-China trade war to purchase factories.
- The technology sector became the largest buyer this year, investing NT$74.1 billion, with 65% allocated to factory purchases and 30% to industrial offices.
- Under the Central Banks credit tightening measures, Q4 land transactions amounted to NT$38.8 billion, a 63% QoQ decrease. Annual land transactions reached NT$241.5 billion, a 97% YoY increase, with Taichung leading in land transactions.
- Developers' land purchases doubled compared to the previous year, reaching NT$165.9 billion in 2024, followed by insurance companies that primarily targeted the Taoyuan area, especially focusing on logistics and largescale mixed-use development projects.