Last year, real estate dealers fell and their land increased.
Last year, real estate dealers fell and their land increased.
DTZ yesterday held a press conference on "Real Estate and 2014 prospects for the fourth quarter of 2013". Commercial real estate and land transactions in 2013 were different. According to DTZ, the volume of commercial real estate transactions fell sharply in 2013, with the volume of land transactions hitting a three-year high.
DTZ said that the amount of commercial real estate transactions in 2013 was NT $88.3 billion, which was lower than the level at the time of the 2008 financial tsunami and 11.85% lower than that in 2012. Of this total, life insurance funds invested about 17.566 billion yuan in real estate in 2013, accounting for 19.89% of the annual transaction volume, down 70.94% from 2012.
DTZ estimates that the amount for sale in 2014 is about 700 to 80 billion yuan.
As for the part of land transactions, the total value of land transactions in 2013 was 191.5 billion yuan, a three-year high, of which 18.71% was over the ground.
DTZ pointed out that looking forward to 2014, due to the election at the end of the year, a reversal in Taiwan's real estate market will be inevitable. Although land is a raw material and can better support the market when the economy is reversed, the lack of confidence in pushing the case will still make it difficult to repeat the situation of land price recovery.
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