Navigating the Housing Market in Taiwan

Finding the perfect place to live is one of the most important aspects of relocating to a new country. In Taiwan, expatriates have a range of options when it comes to housing, from modern apartments in bustling urban centers to cozy homes nestled in the countryside. In this guide, we'll offer insights into the real estate market in Taiwan, covering rental vs. buying options, popular expat neighborhoods, and typical housing costs.

Rental:

Renting is a popular choice among expatriates in Taiwan, especially for those who plan to stay for a shorter period or prefer flexibility. Here are some key points to consider about renting:

• Leases: Rental leases in Taiwan typically run for one year, with the option to renew. Some landlords may offer shorter-term leases or month-to-month arrangements.

• Furnished vs. Unfurnished: Rental properties in Taiwan may come fully furnished, partially furnished, or unfurnished. Fully furnished apartments are convenient but tend to be more expensive.

• Utilities: In most cases, tenants are responsible for paying their utilities, including electricity, water, gas, and internet.

Popular Expat Neighborhoods

Taipei:

• Da'an District: Known for its vibrant atmosphere, Da'an District offers a mix of modern apartment buildings, trendy cafes, and bustling night markets.

• Xinyi District: Home to Taipei 101, Xinyi District is a hub of shopping, dining, and entertainment. Expatriates can find luxury apartments with stunning city views here.

Kaohsiung:

• Gushan District: Situated along Kaohsiung's waterfront, Gushan District offers a relaxed lifestyle with easy access to parks, beaches, and cultural attractions.

• Qianzhen District: Close to Kaohsiung's central business district, Qianzhen District is popular among expatriates for its convenient location and modern amenities.
  

Typical Housing Costs

Taipei:

• Apartment Rental: A one-bedroom apartment in Taipei City Center can range from NT$15,000 to NT$30,000 per month, depending on the size and location.
  

Kaohsiung:

• Apartment Rental: A one-bedroom apartment in Kaohsiung City Center can range from NT$10,000 to NT$20,000 per month.
  

Navigating the housing market in Taiwan offers expatriates a range of options to suit their lifestyle and preferences. Whether you choose to rent or buy, and whether you prefer the bustling streets of Taipei or the relaxed atmosphere of Kaohsiung, Taiwan has something for everyone. With a bit of research and guidance, finding your perfect home in Taiwan can be an exciting and rewarding experience.