Taiwan's unhappy property owners - very poor rental yields
Last Updated: Dec. 16, 2022 | |||
TAIPEI CITY - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Zhongshan District (Historical center) | |||
1-Bedroom | $610,905 | $975 | 1.91% |
2-Bedroom | $877,364 | $1,462 | 2.87% |
3-Bedroom | $1,133,424 | $2,275 | 2.41% |
4-Bedroom | $1,845,714 | $2,925 | 1.90% |
Datong District | |||
1-Bedroom | $505,297 | $699 | 1.66% |
2-Bedroom | $802,301 | $1,235 | 2.93% |
3-Bedroom | $1,137,324 | $2,210 | 2.33% |
Wanhua District | |||
1-Bedroom | $428,934 | $552 | 1.55% |
2-Bedroom | $714,889 | $910 | 2.55% |
3-Bedroom | $812,374 | $1,040 | 1.54% |
Zhongzheng Distring | |||
1-Bedroom | $428,934 | $552 | 1.55% |
2-Bedroom | $763,632 | $1,235 | 1.94% |
3-Bedroom | $941,704 | $1,560 | 2.45% |
3-Bedroom | $1,098,330 | $1,787 | 1.95% |
4-Bedroom | $1,585,754 | $1,885 | 1.43% |
Taipei City (all locations) | |||
1-Bedroom | $708,390 | $$1,238 | 2.10% |
2-Bedroom | $926,106 | $$1,466 | 2.48% |
3-Bedroom | $1,140,652 | $1,369 | 1.44% |
4-Bedroom | $1,557,805 | $2,444 | 1.88% |
Taipei City avg. Rental Yields | 2.07% | ||
NEW TAIPEI CITY - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
New Taipei City (all locations) | |||
1-Bedroom | $357,445 | $520 | 1.75% |
2-Bedroom | $486,775 | $812 | 2.73% |
3-Bedroom | $584,259 | $877 | 1.80% |
4-Bedroom | $840,970 | $1,137 | 1.62% |
5+Bedroom | $870,865 | $1,462 | 2.01% |
New Taipei City avg. Rental Yields | 1.98% | ||
TAOYUAN CITY - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Luzhu District | |||
1-Bedroom | $578,085 | $406 | 0.84% |
3-Bedroom | $451,030 | $845 | 2.25% |
4-Bedroom | $808,475 | $1,137 | 1.69% |
Taoyuan City (all locations) | |||
1-Bedroom | $516,020 | $406 | 0.94% |
2-Bedroom | $399,038 | $747 | 1.74% |
3-Bedroom | $451,030 | $812 | 2.16% |
4-Bedroom | $643,400 | $910 | 1.70% |
5+Bedroom | $938,455 | $1,462 | 1.87% |
Taoyuan City avg. Rental Yields | 1.65% | ||
KAOHSIUNG CITY - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Renwu District (Inmu on site) | |||
1-Bedroom | $282,056 | $731 | 3.11% |
2-Bedroom | $438,682 | $764 | 2.09% |
3-Bedroom | $486,775 | $1,885 | 4.65% |
4-Bedroom | $838,370 | $1,235 | 1.77% |
Kaohsiung City (all locations) | |||
1-Bedroom | $389,290 | $487 | 1.50% |
2-Bedroom | $318,451 | $682 | 2.10% |
3-Bedroom | $356,795 | $812 | 2.73% |
4-Bedroom | $513,420 | $975 | 2.28% |
5+Bedroom | $838,370 | $1,235 | 1.77% |
Kaohsiung City avg. Rental Yields | 2.44% | ||
TAINAN CITY - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Central District | |||
1-Bedroom | $123,190 | $205 | 2.00% |
2-Bedroom | $260,069 | $745 | 7.30% |
3-Bedroom | $423,019 | $652 | 1.85% |
4-Bedroom | $843,431 | $1,141 | 1.62% |
5+Bedroom | $971,184 | $3,911 | 4.83% |
Tainan City (all locations) | |||
1-Bedroom | $584,909 | $333 | 0.68% |
2-Bedroom | $314,226 | $708 | 1.45% |
3-Bedroom | $356,795 | $747 | 2.51% |
4-Bedroom | $508,871 | $910 | 2.15% |
5+Bedroom | $773,380 | $1,040 | 1.61% |
Tainan City avg. Rental Yields | 2.60% | ||
HSINCHU CITY - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Hsinchu City (all locations) | |||
2-Bedroom | $454,280 | $747 | 1.97% |
3-Bedroom | $581,010 | $845 | 1.74% |
4-Bedroom | $811,724 | $1,170 | 1.73% |
Hsinchu City avg. Rental Yields | 1.82% | ||
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
Get updated rental yields data for 75 countries
Taipei vies with Monaco for having the lowest yields in the world. With high buying prices and rents still affordable (where else can you rent a US$500,000 home for just around US$700 per month?), Taipei is not a happy place for landlords.
The owner of an apartment in Taipei will be lucky to realize 2% yields. Given that the Global Property Guide´s figures are for gross rental yields, i.e., do not make any allowance for vacant periods, for legal costs, administration costs, cleaning and repairs, rental taxes, property taxes, and other taxes, it is safe to say that landlords in Taiwan earn nothing on their apartments.
Here´s what the rental yields are in Taiwan´s cities and areas.
- Taipei City apartments have a rental yield of 1.43% to 2.93% with a city average of 2.07%.
- New Taipei City apartments earn a rental yield between 5.76% to 6.46% with an average of 6.12%
- Taoyuan City apartments yield between 0.84% to 2.25% with an average of 1.65%.
- Kaoshiung City apartments can yield you between 1.50% to 4.65% with an average of 2.44%.
- Tainan City apartments yield a stay between 0.68% to 7.30% with an average of 2.60%.
- Hsinchu City apartments earn a yield between 1.73% to 1.97% with an average of 1.82%.
Round trip transaction costs are moderate for buyers of residential property. See our Taiwan residential property transaction costs analysis and our Residential property transaction costs in Taiwan compared to other countries