Taiwan Flag

Taiwan: House Prices, Rents, and Rental Yields

In Depth

Find Property

Directory

Global Statistics

Regional Statistics


Last Updated: Apr 21, 2009

Higher this year but still very low

Last Updated: Apr. 21, 2009
TAIPEI - Apartmentts COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
75 sq. m. 336,375 998 3.56% 4,485 13.31
120 sq. m. 470,280 1,050 2.68% 3,919 8.75
200 sq. m. 1,152,800 2,192 2.28% 5,764 10.96
Districts researched:
Anhe Rd , Dunhua Rd, Renai Rd,Tian Mu, Xinyi District
Source: Global Property Guide                    Definitions: Data FAQ                       See also: Update Schedule

Gross rental yields in Taiwan are very low, at an average of 2.84%. The highest yielding apartment size is a 75 square metre (sq. m.) apartment, which yields no less than 3.56%.

Apartments in Taipei sell for around US$4,700 per sq. m, with a 120-sq. m unit selling for US$470,000. Such an apartment could be expected to rent for around US$1,000/month.

At these rates of return, it is truly puzzling that anyone is willing to own residential real estate in Taipei. The obvious answer if you have the great pleasure of living in the now-charming city of Taipei, is to own somewhere else (like Bangkok) and to lease your unit in Taipei. Arbitraging the markets is good for your purse - and arguably good for the economy, as it contributes to more reasonable pricing.

 

Your Comments

Be the first to comment!

Post a comment

Email address is kept strictly confidential
* Optional, but allows us to notify you when your comment has been posted.
Comments submitted using this form will be published.
Note that the editors cannot answer specific questions, e.g., about law or taxation.
These issues can be raised by posting publicly here, where often knowledgeable local readers are able to assist.



Subscribe to our Newsletter!

Enter your email address to sign up.