News / Taiwan / cnyes
Hongwell-led Consortium Signs Deal for First Taoyuan MRT Transit-Oriented Development
Finance · Real Estate Development · cnyes · 2026-09-09
2382, 3711, 6412
A consortium led by Hongwell has signed a contract with the Taoyuan City government to develop the A10 Shanbi Station site, marking the city's first MRT-linked real estate project.
What Happened
Project Signing: The first transit-oriented development (TOD) project in Taoyuan has officially commenced, with a consortium comprising Hongwell, Chicony Power (6412-TW), and Jia Shan Lin Construction signing the agreement with the city government. Facilitated by Savills, the project aims to maximize land utility around the Airport MRT's A10 Shanbi Station.
Development Scope: Spanning approximately 1,513 pings, the site will feature a mixed-use complex integrating retail, residential units, and transit facilities. The developers have committed to high-standard ESG practices, targeting multiple certifications including Gold-level Green Building and Silver-level Smart Building status to create a sustainable living environment.
Regional Growth: Taoyuan's strategic logistics and transport advantages have spurred over NT$70 billion in commercial and industrial real estate investment for 2026. Major corporate expansions by companies like Quanta Computer, KGI Life, and ASE Technology underscore the robust demand from the semiconductor and logistics sectors.
Economic Impact: The successful tender of the A10 station marks a milestone for Taoyuan’s transit-based economy. As the MRT Green Line network expands, the project is expected to bridge commercial and residential functions, setting a precedent for future high-efficiency urban development in the region.