The price difference between new and old houses in Bei City is huge. The total price of a large square meter within 10 years can be exchanged for a large square meter plus a small suite in 30 years.

The proportion of old houses over 30 years old in Taipei City accounts for nearly 75%, that is, one out of every 1.33 houses is an old house over 30 years old, which naturally increases the proportion of old houses bought and sold. Real estate agents compiled the real-price sales of houses in Taipei City in the past year and found that there were 4,923 old houses over 30 years old, accounting for about 56.83% of the total transactions. This is equivalent to 1 out of every 1.76 sales of old houses over 30 years old.

According to the compilation of Yongqing Real Estate Group, there were at least 8,663 residential sales in Taipei City in the past year, of which 2,518 were single-family homes above 40 square meters, accounting for about 29.07%. It had the highest proportion of transactions among all levels of square meters in Taipei City. The second place was with 2,098 homes exceeding 30 square meters and less than 40 square meters, accounting for about 24.22%.

Further observation is that the average disclosed total price of houses in Taipei is of various ages and square meters. The gap is the largest among houses above 40 square meters. The total price of houses less than 10 years old and above 40 square meters is about 48.53 million yuan. Compared with the average disclosed total price of houses over 30 years old and above 40 square meters, which is about 37.16 million yuan, the difference between the two is 11.37 million yuan. Real estate industry players point out that this price difference can already buy a suite in Taipei that is more than 30 years old.

Chen Jinping, deputy manager of the Yongqing Housing Research and Exhibition Center, analyzed that people buying houses in Taipei often have to make choices based on conditions such as budget, location, house age and square footage. Further observation shows that in Taipei, the number of transactions per square meter is distributed. The sales of old houses over 30 years old are concentrated in more than 20 square meters and less than 40 square meters. There are 2,905 pieces in total, accounting for about 59% of the transactions in this age range.

In the past year, there were at least 8,663 housing exposures in Taipei City, of which 4,923 were more than 30 years old, accounting for about 56.83% of the overall transactions. Chen Jinping believes that Taipei City has a high proportion of existing old houses, plus new and old ones. The price difference between houses is large. Most people who want to buy a house will give priority to old houses in good locations and mature business districts in their home purchase list. Firstly, they can still live in mature business districts within a limited house purchase budget. Secondly, they can also buy older houses with larger square meters.