KF: Luxury residential property in Taipei yields 1.5% in 4Q15
In its Greater China Property Market Report for 4Q15, Knight Frank (KF) noted that luxury residential property yields in Taipei were 1.5%. The average price for luxury residential space transacted was USD15,013 per square metre (psm). Average rents were USD18.40 psm per month. Indicators highlighted by KF for the quarter included a ‘wait and see’ approach by developers and investors in advance of the presidential election and the new property tax system. There was no new supply of luxury retail property during the final quarter of 2015.
Source : KF/ February 2016/Taipei/RES