News / Taiwan / cnyes
Taipei Faces Housing Crunch as New Construction Rates Lag Behind Other Cities
Finance · Real Estate Development · cnyes · 2026-09-11
9940
Recent data reveals that only 15.6% of homes in Taipei are under 20 years old, making it the most difficult city in Taiwan to find new residential properties.
What Happened
Aging Housing Stock: Data from real estate platforms indicates that only 23.5% of homes across Taiwan are less than 20 years old, highlighting a nationwide trend of aging infrastructure. Taipei City faces the most significant challenge, with only 15.6% of its housing stock falling into the newer category.
Regional Supply Disparities: In contrast to Taipei's saturated market, cities like Taoyuan and Hsinchu County offer significantly more new housing due to extensive urban redevelopment projects. Hsinchu County leads the nation with 39.6% of its homes being less than 20 years old, driven largely by demand from the local tech industry.
Challenges in Taipei: Experts from Sinyi Realty (9940-TW) note that approximately 60% of Taipei's housing is over 30 years old. While older apartments offer convenient locations, they often lack modern amenities, safety features, and the comfort found in newer, managed residential complexes.
Market Outlook: Because land for new development in Taipei is scarce, the market has become increasingly polarized. Consequently, older public housing units remain popular among buyers who prioritize location over building age, while those seeking modern living standards are increasingly looking toward suburban redevelopment zones.