Buying off-plan developments properties that are sold before they are completed—offers several potential benefits for investors and buyers.
Properties are often priced lower compared to completed properties and buyers can lock in a price before the market value increases, potentially offering significant capital gains by the time the property is completed.
Capital appreciation can be advantageous as the project progresses, where property values in the area may increase, leading to higher market values by the time the property is ready.
New construction developments typically meet the latest building codes and energy efficiency standards, which can lead to lower maintenance costs and improved comfort.
Longer-term payment plans may be offered in installments throughout the construction process, which can ease the financial burden. The final payment is usually due upon completion, allowing time to save for the last portion of the cost.
If buying as an investor, especially with off-plan properties in growing areas can provide a strong rental yield once completed.
Warranty and Guarantees often come with new builds, which provide buyers with peace of mind regarding any defects or issues that may arise in the early years of ownership.
Some regions offer tax incentives, rebates, or other financial benefits for new developments, especially those under certain conditions (e.g., energy-efficient homes).
Why Buy or Invest in New Real Estate Developments in Taiwan.
Taiwan has a strong and resilient economy. It is a key player in the global supply chain, particularly in technology and manufacturing industries. The economic stability, combined with consistent growth, makes Taiwan a relatively secure place for long-term investments. Taiwan also has a low unemployment rate and a high standard of living, which helps ensure demand for real estate.
Taiwan is located in a highly strategic position within Asia. Its proximity to major markets such as China, Japan, and Southeast Asia makes it an attractive place for international investors and businesses. The Taiwanese government also supports trade and foreign investments, which boosts confidence in the real estate market.
Taiwan's population continues to grow, albeit slowly, with urbanization trends increasing demand for housing, especially in major cities like Taipei, Taichung, and Kaohsiung. Additionally, Taiwan’s role as a business hub creates a steady need for commercial real estate, including office spaces, retail properties, and industrial buildings.
Taiwan is increasingly focused on sustainable development and green buildings. With global attention on eco-friendly construction, investing in new developments that feature energy-efficient designs, renewable energy systems, and sustainable materials can be a smart choice for environmentally conscious investors.
Taiwan boasts excellent infrastructure, including high-quality transportation systems, including high-speed rail, an international airport, and extensive road networks. New developments typically align with urban planning initiatives, providing easy access to transportation hubs, entertainment districts, and commercial centers. Taiwan’s infrastructure is continuously improving, which further enhances the potential value of real estate investments.
