Taipei Office Market Overview - Oct. 2008The total stock remained at 1.406 million pings in 3Q 2008. Due to a large-scale financial institution moving to Taipei county, the overall vacancy rate rose from 6.27% in 2Q 2008 to 6.66% in 3Q 2008. The overall average rent was NT$ 1,852 per ping per month, with a growth of 0.49% QoQ.
Taipei Office Market Overview - Jul. 2008The world started to fall into dual worries of the US economic slowdown and inflation in 2008. The core customer price index pressure on pubic seems to have made Fed with prickles down the back, if there is no significant event, Fed shall not continue to decrease interest rate...
Taipei Office Market Overview - Apr. 2008The launch of Aegon Life Insurance Tower made the total stock up to 1.406 million pings in 1Q 2008. The first quarter, usually viewed as a traditional low season due to the Chinese Lunar New Year holiday, only contributed 1,000 pings of net absorption, and the vacancy rate rose to 6.68%.
Taipei Office Market Overview - Jan. 2008The total inventory reaches up to 1.40 million pings due to the completion of Yuan Da Building, and the annual net absorption of 39,300 pings makes the vacancy rate drop down to 6.19% in Q4. The booming leasing market also stimulate the rental rate grow to NT$1,806/ping/month.
Taipei Office Market Overview - Oct. 2007Stable demand continued in 2007 Q3 with vacancy rate dropping to 6.55% and rental rate climbing to NT$1,801/ping/month. Leasing markets in Hsin Yi district and Premium Grade offices are the most booming ones.
Taipei Office Market Overview - Jul. 2007The demand of office space continued to increase with net absorption at 11,000 pings in 2007 Q2. To analyze by district and grade, Hsin Yi district and Premium grade office buildings both experienced better performance this quarter.
Taipei Office Market Overview - Apr. 2007Demand remained stable with Hsin-Yi district taking up the largest absorption. The vacancy rate dropped and rents have improved continuously. Except for grade B office buildings, net absorption of Premium grade, grade A, and grade AB all improved. MS-TN district had the highest rents.
Taipei Office Market Overview - Jan. 2007There is no significant new supply in the leasing market, meaning the existing inventory was continuously absorbed in 2006. The Hsin-Yi district and Premium Grade office buildings take up the largest portion of absorption. Following decreasing vacancy rates, rents have increased continuously.
Taipei Office Market Overview - Oct. 2006The supply, demand, overall vacancy rate, rents, and the room for negotiation are all in the moderate growth stage now. It is expected that Taipei’s office market and the Neihu Technology Park market will have a stable improvement in the future.
back to top
