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  • Land Development Office, Land Administration Bureau, Kaohsiung City Government.
  • Land Development Office, Land Administration Bureau, Kaohsiung City Government.
  • Land Development Office, Land Administration Bureau, Kaohsiung City Government.
  • Land Development Office, Land Administration Bureau, Kaohsiung City Government.
  • Land Development Office, Land Administration Bureau, Kaohsiung City Government.
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Record High Sales Market and Brilliant Land Sale Prices for Development Zones! 108-06-19

 The Land Administration Bureau has undertaken the development zone land sales on June 19, 2019 for the 2nd quarter of this year. There were a total of 74 sealed bids, which reached a record high since the county/city merger. A total of 16 bids for 16 land plots were conducted for the total sales amount of over NT$2.09167 billion. The bidding process was fierce with the bid awarding rate of 84%.

The case that received the most attention this season is the 922 ping 3-use expropriation zone located east of the Marine University. Due to its excellent location features of being in close proximity of the Houjin Park and National Kaohsiung University of Science and Technology, having the front row view to the park and the university, and its close proximity to the Houjing metro station, the case has attracted 7 investors. Eventually, it was awarded to the bid of over NT$312 million with the average price of NT$327 thousand per ping and the premium rate of 26.68%, which created a new high for a recreation zone residential land.

The overall results of this auction showed that for this season, the development zone lands launched 19 bids for 19 land plots that have attracted 74 sealed bids, which created a new high since the county/city merged. A total of 16 bids for 16 items were awarded. Based on the large number of visitors who have crowded the bidding site, it appears that the industry is paying a great deal of attention to the the Land Administration Bureau's auction sales results. The high quality construction lands are the favorites of investors who value lands with good public facilities and great location. The Greater Kaohsiung has continued to benefit from the major constructions, and the the real estate market has grown steadily.

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