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BackThe pockets of the savages in Shuangbei City are so deep that they spent 3 billion on luxury properties in 4 months
The pockets of the savages in Shuangbei City are so deep that they spent 3 billion on luxury properties in 4 months
NEWS
自由时报22 minutes agoBusiness2 min readChinaView original

The pockets of the savages in Shuangbei City are so deep that they spent 3 billion on luxury properties in 4 months

Quick Look

  • Yongqing Housing has set up a high-asset residential area in Shuangbei City.
  • In four months, nearly 30 luxury homes with a single-family price exceeding NT$100 million were sold, with the transaction volume estimated to be about NT$3 billion.
  • In the first nine months of Taipei City, there were 230 residential properties over NT$120 million disclosed, indicating that the demand for high-priced luxury properties is relatively stable.

AI-generated summary

Why It Matters

Yongqing Housing has established a special high-asset residential area in Shuangbei City. It has currently established nearly 2,300 high-priced residential sales items, which are jointly sold and circulated through 1,300 senior brokers. According to the actual price registration of the Taipei City Land Bureau, in the first nine months of this year, there were 230 residential properties in Taipei City with a total price of more than 120 million yuan, a decrease of only 25 compared with 255 in the same period last year.

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Optimistic about the depth of pockets of the high-net-worth group, real estate agents have rushed into the luxury housing market and established Shuangbei City's "High-net-Estate Residential Zone." Nearly 30 luxury homes in Shuangbei City were transacted in four months, with a total single-family price exceeding 100 million yuan, including three units in the well-known luxury building project "Diamond Towers Taipei Star" in the East District of North City.

Chen Cijie, associate director of the Yongqing Housing Industry Management Department, pointed out that the housing purchase needs of high-net-worth groups are diverse, ranging from self-use to asset allocation. Currently, nearly 2,300 high-priced residential sales areas have been established in Shuangbei City, including classic luxury communities and emerging luxury construction projects.

He explained that nearly 30 homes were sold within four months. If the total price of one home is estimated to be 100 million yuan, the transaction volume is equivalent to 3 billion yuan. It is mainly through joint sales and circulation through a network of directly operated stores. In particular, each high-priced residence or buyer from a high-asset group has unique conditions for luxury homes. Therefore, there are great differences in each luxury community. Therefore, 1,300 senior brokers are deeply involved in the market to further understand the preferences of high-asset groups.

Finally, Chen Cijie added that the key to high-priced residential sales lies in accurately understanding customer needs and promoting matching with sufficient properties, a wide range of buyers, and in-depth market intelligence. From house selection and comparison to transaction completion, we are with you every step of the way.

According to real-price registration statistics from the Taipei City Land Bureau, in the first nine months of this year, there were 230 residential properties with a total price of more than 120 million yuan in Taipei City. Compared with 255 properties in the same period last year, there were only 25 fewer properties, a year-on-year decrease of nearly 10%. Real estate industry players believe that the transaction volume of billion-dollar luxury homes in Taipei City did not decline significantly in the first nine months of this year, which shows that the demand for high-priced luxury homes in Taipei City is relatively stable.

What to Watch

AI outlook — possibilities, not facts

  • Yongqing Housing will continue to expand the number of properties and broker network in high-asset residential areas

    Likely · Within months

Open Questions

  • The specific location and unit price distribution of the 30 luxury homes sold in the special area
  • Future expansion plans for Yongqing Housing’s high-asset residential area
  • Will other real estate agents follow suit and set up similar areas?

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This article was originally published by 自由时报.

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