{"id":25408,"date":"2021-10-07T08:07:37","date_gmt":"2021-10-07T01:07:37","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=25408"},"modified":"2021-10-07T08:07:37","modified_gmt":"2021-10-07T01:07:37","slug":"south-taiwan-city-to-develop-8800-social-housing-amid-rising-house-prices","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/south-taiwan-city-to-develop-8800-social-housing-amid-rising-house-prices\/","title":{"rendered":"South Taiwan city to develop 8,800 social housing amid rising house prices"},"content":{"rendered":"

Rumours\u00a0about a chip plant being\u00a0invested\u00a0in Kaohsiung city has driven up home prices in the area<\/span>\u00a0<\/span><\/p>\n

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Due to rising demand for electronics and a shortage of automotive semiconductors, the business has been buoyant for TSMC. CHENMINCHUN\/Shutterstock<\/figcaption><\/figure>\n

According to Taiwan News<\/a>, Mayor Chen Chi-mai\u00a0said the city of Kaohsiung would build 8,800 social housing units,\u00a0as\u00a0house prices rise\u00a0during unconfirmed reports that Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC) will invest in the city.\u00a0<\/span>\u00a0<\/span><\/p>\n

Due to rising demand for electronics and a shortage of automotive semiconductors, the business has been buoyant for TSMC, the world\u2019s largest contract chipmaker.\u00a0<\/span>\u00a0<\/span><\/p>\n

Hence, the site of a former CPC Corporation has been the focus of reports that TSMC would soon release plans to build a chip plant in the southern city, but no confirmation has been made available.\u00a0<\/span>\u00a0<\/span><\/p>\n

More: Taiwan government hands out 1.2M travel vouchers to boost economy<\/strong><\/a><\/p>\n

The speculation has\u00a0driven up home prices in the area, and Kaohsiung City\u00a0will collaborate with the central government in meeting the rise in demand for housing near industrial areas, by developing 8,800 units of social housing.\u00a0<\/span>\u00a0<\/span><\/p>\n

The major predicted total demand around science parks at 50,000\u00a0apartments, which will be met by a range of housing formulas, including social projects built in partnership with the city government.\u00a0<\/span>\u00a0<\/span><\/p>\n

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The Property Report editors wrote this article. For more information, email:\u00a0<\/span><\/i>propertyreport@propertyguru.com<\/span><\/i><\/a>.<\/span><\/i>\u00a0<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Rumours\u00a0about a chip plant being\u00a0invested\u00a0in Kaohsiung city has driven up home prices in the area\u00a0<\/p>\n","protected":false},"author":12,"featured_media":25409,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[209,1104,309,151],"class_list":["post-25408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-construction","tag-house-prices","tag-industrial","tag-taiwan","news_country-taiwan","news_author-property-report"],"acf":[],"yoast_head":"\nSouth Taiwan city to develop 8,800 social housing amid rising house prices | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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