KF: Prime retail property in Taipei yields 2.1% in 4Q15
In its Greater China Property Market Report for 4Q15, Knight Frank (KF) noted that prime retail property yields in Taipei were 2.1%. The average price for prime retail property transacted was USD101,962 per square metre (psm). Average rents were USD184.20 psm per month. Indicators highlighted by KF for the quarter included the lack of new supply in the quarter (and the lack of new supply in the near term) and the vacation of some street shops by tenants who could not afford the high rents.
Source : KF/ February 2016/Taipei/RET