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20200528 | Colliers Flash - TAICHUNG’S Fast-growing new business district

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Top investment destination for high-quality office, retail, hotel and high-end residential in Taichung

The New City Hall Business District (NCHBD) is a multi-centric hub in central Taiwan. The office market was active in Q1, with impact from COVID-19 not yet apparent.

  • We expect the NCHBD to become Taichung’s largest prime office market in the next five years.
  • Continued manufacturing investment in Taichung City should drive demand for office space. We recommend the office sector in Taichung as the most stable and promising investment opportunity.
  • We recommend tenants with expansion or relocation requirements consider the NCHBD, as landlords may offer more flexible terms in 2020.

 


Taichung 01 search 1024x972

20200528 | Colliers Flash - TAICHUNG’S Fast-growing new business district

Download Report
Related Experts

Eilleen Liang

Director

Research

Taipei

Eilleen mainly works in partnership with different service professionals to provide clients with the market intelligence required to support practical business decisions and provide multi-level support across all property types, ranging from data collection to comprehensive market report coverage.

 

 

 

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