CHANGING NEIHU AND NANGANG: The new hot spot!
Neihu and Nangang districts are located on the fringe of Taipei City. With stable industrial development and accessibility, demand for land and office space are increasing. Neihu Technology Park has a liquid en-bloc sales market. We recommend an efficient building management plan, executed by a single owner, to further the likelihood of increasing rents and capital values. Strong demand in Wende and Xihu sections drove the vacancy rate down to 3.6%. Occupiers looking for large spaces should consider Jiuzong and Tanmei sections. The emerging commercial cluster, easy transportation access and the lower rental cost in Nangang are main drivers of office demand.