By Crystal Hsu / Staff reporter
Taiwan’s commercial property market remained buoyant in the second quarter as strong demand from semiconductor and artificial intelligence (AI)-related companies drove factory acquisitions, with momentum expected to continue.Large commercial real-estate deals exceeding NT$300 million (US$9.42 million) totaled NT$56.1 billion in the April-to-June period, bringing first-half volume to NT$159.1 billion — already matching last year’s full-year total, data released on Monday by Savills Taiwan Ltd (第一太平戴維斯) showed.Market momentum was largely driven by technology firms expanding production capacity to meet rising AI-related demand with factory transactions accounting for about 80 percent of second-quarter commercial property deals, the company said.
Savills Taiwan Ltd managing director Ricky Huang speaks at a news conference in Taipei last year.
“Concerns over Middle East tensions have significantly faded, helping restore business confidence,” Savills Taiwan managing director Ricky Huang (黃瑞楠) said.Demand linked to AI development shows little sign of slowing, reinforcing Taiwan’s role as a global semiconductor manufacturing hub and supporting continued appetite for industrial properties ahead, Huang said.