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Taiwan's Unsold New Housing Inventory Surges to 112,500 Units, Led by Taoyuan and Kaohsiung

Finance · Real Estate Development · cnyes · 2026-09-09

Taiwan's unsold new housing stock has jumped over 60% in five years to 112,500 units, with Taoyuan and Kaohsiung facing the most significant inventory pressure.

What Happened

Record High Inventory: According to the latest Ministry of the Interior data, the number of unsold new housing units in Taiwan has surged from approximately 69,721 in late 2021 to 112,501 by the end of 2025, marking a 61.4% increase and highlighting severe market absorption challenges.

Taoyuan and Kaohsiung Under Pressure: Among the six major municipalities, Taoyuan and Kaohsiung have seen the most dramatic rise in inventory, with both regions experiencing a more than twofold increase in unsold units. Experts attribute this to aggressive developer expansion driven by past tech-sector growth and major infrastructure projects.

Concentration in Development Zones: Districts such as Guishan, Beitun, Zhongli, and Banqiao, which host large-scale emerging development zones, are seeing the highest accumulation of unsold stock. These areas were hotspots for rapid development, but current market cooling has left supply significantly outpacing demand.

Potential for Price Adjustments: With central bank credit controls and a cautious buyer sentiment, developers are facing mounting pressure to clear inventory. Analysts suggest that developers may need to offer greater price flexibility to accelerate capital recovery, particularly in emerging areas where infrastructure has yet to fully mature.

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