Taipei City’s Department of Land now provides an online map showing the value of land in the various districts of the city in different colors, to help people interested in buying or selling real estate access the information they need.
The department uses 10 different colors to signify the different levels of land prices, enabling the public to have a better idea of the current prices.
The Department of Land has divided the city into 3,516 areas. Land prices in the Da-an and Zhongzheng districts are the highest, while those in the Shilin and Beitou districts are the lowest. Nonetheless, prices vary within each district, with the most desirable real estate generally along major thoroughfares, near subway stations, or in commercial zones.
The department stated that the public can go to its website in Chinese (http://www.land.taipei.gov.tw/) and click on “Land Topics” on the side menu, and then on the “Land Price and Current Value” tab. When that page opens, select “Map of Land Prices by Location.” One can then browse through the land prices in each district and understand the current announced land value. The map also makes it easy to see the state of development of commercial areas within each part of the city. The highest priced land is marked in purple, while the lowest is in deep green.
To further understand the current state of the real estate market, one can go to the “Land Value Inquiry Services System” and enter the address of a specific place. In addition to gaining access to all the land price data on that plot, the viewer will be able to clearly see where the plot is in relation to the rest of the map.
Another option is to click on “Real Estate Transaction Price Data” and then input the address of a specific home or apartment. The user will be able to see all the transaction prices for that home based on data collected by the department on a monthly basis. Other information on the apartment to be displayed includes the materials used in building the structure and zoning issues.
(This article originally appeared in The Liberty Times Aug. 18.)