Taiwan's Stock Market Plunge: Will the Housing Market Suffer Further?

Examining the "Pressure Zones" in Taiwan's Major Cities as Economic Uncertainty Mounts.

Following the Central Bank's efforts to curb speculation in the real estate market for over six months, the housing market in Taiwan is experiencing a cooling-down period. Now, the situation is exacerbated by the potential impacts of the Trump administration's tariffs, leading to a significant decline in the Taiwanese stock market. This downturn could further intensify the selling pressure in specific areas.

According to 591 Housing Transaction Network's analysis of pre-sale housing sales rates across the six major municipalities and Hsinchu County/City, the top ten areas with the highest unsold rates averaged around 60%. Among these, Taoyuan's new homes and Kaohsiung's Cianjhen District topped the list, each with a 70% unsold rate. Taipei City and Taoyuan City each had three districts listed, making them the most severely affected areas.

Lin Jer-wei, the group leader of the news and public relations department at 591 Housing Transaction Network, pointed out that the pre-sale market has been declining since the Gold Dragon storm of last year. Although some projects saw slight improvements in buyer interest at the beginning of this year, the lack of clear policies and disagreements between buyers and sellers on property prices have led to slow sales. Moreover, the impact of the Trump administration's tariff policies on the Taiwanese stock market has significantly reduced the capital available for potential homebuyers, further depressing the market. This situation is expected to increase the selling pressure in several regions.