The global village is facing bankruptcy! The 26-year-old branch in Tainan also exited and the current situation was exposed

The former site of the American Japanese Language East Gate Branch of Global Village is currently rented for 400,000 yuan per month for the entire building, which translates into a yearly rent of 4.8 million yuan. (Photo taken from Google Maps)

Global Village is facing bankruptcy, and even the cram school landmark that Tainan people have known since they were young is also out of business! The 26-year-old "Global Village Japanese Language" East Gate branch located next to the East Gate Circle has withdrawn its lease. The former eye-catching 4-story building is now open for rent again with a monthly rent of 400,000 yuan. According to the investigation, the building was sold for 138 million yuan 5 years ago.

"Global Village Japanese" was established in 1987 and was once a well-known chain of foreign language cram schools in China. Many people have memories of learning English and Japanese in Global Village. The Tainan Dongmen Campus is located on a section of Dongmen Road in East District, close to Dongmen Circle. It has a history of 26 years. The eye-catching glass curtain building is very eye-catching. It is also a street scene that many Tainan people are familiar with since they were young.

However, since 2025, many branch campuses have been closed without warning, disputes over employee salary arrears and student refunds have erupted in the global village. Local people revealed that the Dongmen branch had also canceled its lease this year. When they actually called the original branch's phone number, they found that the number was empty. The entire store has recently been re-rented. According to information published on 591 Rental Website, the store is about 20 years old, has 4 floors above ground, has an area of ​​438 square meters, and the monthly rent is 400,000 yuan.

138 million transactions 5 years ago

According to the actual price registration, the store was sold for 138 million yuan in March 2021. The building area is about 438 square meters, which translates to a transaction price of about 315,000 yuan per square meter. According to investigations, the owner of the house is a company with a background in construction and real estate management in Kaohsiung. If calculated based on the transaction price in that year, the monthly rent is 400,000 yuan, and the gross rental return rate is roughly estimated to be about 3.48%.

Taiwan Housing Tainan Victory Franchise Store Xie Zhiyuan said that the site is located in the Dongmen Business District. Affected by the transfer of the business district, the number of people is now reduced, making it difficult for businesses to operate. In addition, the entire building is large in area. Even if it is located at a conspicuous intersection, it is still necessary to find a tenant with a certain business scale.

Xie Zhiyuan analyzed that the rent per square meter in this area is around 1,000 yuan. However, because the total rent is relatively high, it is not a small burden for ordinary small and medium-sized stores. In the future, chain brands or enterprises with multi-floor space requirements will be better able to rent.