In the second quarter of this year, the number of old houses in Taipei City that are over 30 years old reached 686,600. (Photo by reporter Xu Yiping)
[Reporter Xu Yiping/Taipei Report] In the second quarter of this year, the number of old houses in Taipei City that are more than 30 years old has reached 686,600, accounting for about 74.47% of the total number of housing tax registered residences. In other words, on average, one out of every 1.34 houses in Taipei City is an old house that is more than 30 years old. Real estate industry players pointed out that In the past five years, Taipei City has approved housing projects for the elderly. As of the end of July this year, there were a total of 668 cases, which is only 0.009% of the number of old housing projects. Especially in the first seven months of this year, there were only 15 projects approved. There seems to be a significant gap with the growth rate of old housing in Taipei City. It is like a "rapid" increase in old housing, but a "slow" pace of reconstruction projects.
Huang Shuwei, director of Colliers International Real Estate Owner Representative Services Department, said that as a result of the rapid urbanization in Taipei City over the past 30 years, Taipei City has faced a shortage of prime land, resulting in gentrification and high housing prices. In particular, the "Wenlin Court Incident" in 2012 triggered a major revision of the "Tokyo Regulation", and the rail economy has brought housing demand to New Taipei City and Taoyuan City, slowing down the metabolism of old houses in Taipei City.
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According to the latest release from the real estate information platform of the Ministry of Interior, the total number of housing tax-registered residences nationwide in the second quarter of this year was approximately 9.5503 million, of which the number of old houses over 30 years old was approximately 5.8843 million, accounting for approximately 61.61%, while the number of housing tax-registered residences in Taipei City The number of houses is about 922,000, accounting for less than 10% or about 9.65% of the national total. However, the number of tax-registered residences with houses over 30 years old in Taipei City is 686,600, accounting for about 11.67% of the number of tax-registered houses with houses over 30 years old in the country.
If we further observe the distribution of old houses in Taipei City, the number of old houses that are more than 40 years old but less than 50 years old is the largest, about 333,900 houses, accounting for about 36.22%, while the number of old houses over 50 years old is about 215,700 houses, accounting for about 23.39%. , with the second highest number and proportion of each housing age range, real estate industry players are worried that if the reconstruction speed of old houses in Taipei City cannot be accelerated, it is expected that within 10 years, the number of "half-hundred" old houses in Taipei City will very likely exceed 500,000, and almost one in less than two houses will be a "half-hundred" old house.
North City has the most old houses over 40 years old
He Shichang, CEO of Xinchuan Real Estate Think Tank, believes that since the draft amendment to the "Reconstruction Ordinance for Dangerous Elderly" has just been released, it is expected that there will be a waiting period for policies until the third reading of the Legislative Yuan to amend the law, or even before the new system is implemented. In addition, the current construction costs remain high, and the housing market boom will affect future housing prices and purchasing sentiment. Many factors have caused builders to slow down the integration of reconstruction projects, or even switch to wait-and-see or re-evaluation. It is expected that the number of approved cases for dangerous elderly people throughout this year may plummet.
Zeng Jingde, project manager of the Xinyi Housing Real Estate Enterprise Research Office, said that the supply of new houses is mainly in cities with a lot of redistricting. Taipei seems to be saturated and can only be renewed through the renovation of old cities. However, housing prices are high, and the promotion of projects is also developing in a polarized manner. Ordinary people want to buy a standard three-bedroom newly-built house, but either the price is high or there is a lack of similar supply.
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