Rising housing prices in both north and south drive purchasing power to spill over, and Taoyuan Park has the highest population growth
Quick Look
- Affected by the high housing prices in Shuangtai City, home buyers with limited budgets have expanded to Taoyuan and surrounding counties and cities in New Taipei City to purchase properties.
- Statistics from Yongqing Real Estate Group show that among the top five administrative districts in North Taoyuan with the highest population growth in the past year, Taoyuan City's Grand Park has the highest growth rate of 2.9%, followed by New Taipei City's Tamsui District at about 1.7%, and Taoyuan City's Guanyin District and Guishan District tied for third.
- Industry players pointed out that the park has benefited from the development of Taoyuan Airport City and transportation construction.
AI-generated summary
Why It Matters
House prices in Shuangbei City have remained high for a long time, prompting home buyers with limited budgets to turn their purchasing targets to surrounding counties and cities, especially parts of Taoyuan City and New Taipei City where transportation is convenient and housing prices are relatively affordable.
The high housing prices in Shuangbei City have also driven many home buyers with limited budgets to expand their purchases to surrounding counties and cities. (Provided by Yongqing Real Estate Group)
[Reporter Xu Yiping/Taipei Report] House prices in Shuangbei City are so high that in order to realize the dream of buying a house and starting a family, cross-district, cross-county migration has long been a social phenomenon. According to real estate agents, the top five administrative districts in North Taoyuan with the highest population growth in the past year were compiled. Taoyuan City's Dayuan District, Guanyin District and Guishan District were all on the list, while New Taipei City's Tamsui, Linkou and other districts were on the list. Real estate agents pointed out that the population growth of the above five districts in the past year all started at 1%, and the average total price of Guanyin District was the most affordable, not even 8 million.
According to the statistics compiled by Yongqing Real Estate Group, among the administrative districts of Taoyuan City in the past year, Taoyuan City has the largest population growth rate among the administrative districts of Taoyuan City, with an annual growth rate of approximately 2.9%. The second highest growth rate is in Tamsui District, New Taipei City, with an annual growth rate of approximately 1.7%. The third highest growth rate is in Guanyin District, Taoyuan City, with an annual growth rate of approximately 1.7%.
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Chen Jinping, deputy manager of the Yongqing Housing Research and Exhibition Center, pointed out that when looking at the top five administrative districts in Beitao in terms of population growth in the past year, Taoyuan City has three districts including Dayuan, Guanyin and Guishan on the list, which shows that some areas in Taoyuan City continue to attract the migration of people from the two norths.
Among them, the large industrial park has seen the most significant population growth in the past year. Chen Jinping pointed out that this area has benefited from the development plan of Taoyuan Airport City, coupled with the opening of National Line 2A and the development of the A15 and A16 stations, which has greatly improved the convenience of external transportation. In addition, benefiting from the relatively affordable housing prices of the Passenger Transport Park and the spillover effects of the Qingpu business district, it has attracted a large number of industries and driven the in-migration of residents.
Next are Guanyin District, which has the most affordable housing prices, and Guishan District, which is adjacent to Shuangbei. Chen Jinping explained that the average total residential price in Guanyin District in the past year was about 7.63 million yuan, which is attractive to first-time buyers and small families with limited budgets. As for Guishan District, it is close to Shuangbei City and has transportation and industrial advantages such as the Airport MRT, national highways and Huaya Science and Technology Park. For home buyers who want to take into account commuting, living functions and living quality, Guishan District offers a relatively affordable total price, making it easier to absorb overflow demand.
In addition, New Taipei City has Tamsui and Linkou Districts in the top five. Among them, the population of Tamsui District has increased by 3,609 people in the past year, and the population of Linkou District has increased by 1,377 people. Chen Jinping analyzed that because Tamsui District is far from the center of Taipei, housing prices are relatively low, even more affordable than some Taoyuan areas.
Xiaobiao: Tamsui housing prices are even more affordable than Taoyuan
As for Linkou District, Chen Jinping believes that Linkou New Town has been developed for many years. In recent years, with the opening of the Airport MRT A9 station, large shopping malls and commercial functions have gradually matured, and it has the advantage of connecting to the National Highway No. 1, it has gradually formed a relatively complete living circle. At the same time, the AI smart park, technology industry and related large-scale construction have gradually moved in, which will also help increase employment opportunities and drive population migration. #
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Open Questions
- Can the infrastructure in these areas cope with the rapid growth of the population?
- Will the spillover effects lead to upward pressure on housing prices in the receiving area in the future?
