TAIPEI (Taiwan News) — Industrial land prices in Taiwan have risen, driven by a robust economic rebound and increasing global demand for semiconductor and AI technologies, according to a report released Thursday by real estate consultancy Colliers International.
The report analyzed land transaction data from 15 major industrial zones across Taiwan between 2023 and 2024. Guishan led with a 28% year-on-year rise in industrial land prices, followed by New Taipei City’s Tucheng industrial zone with a 16% increase, and Tainan’s Yongkang Technology Industrial Park with a 13% gain, per CTEE.
Colliers' Huang Cheng-chung (黃正忠) said strong demand has led to a supply shortage in northern Taiwan. With the ongoing southward migration of the semiconductor industry, firms have begun expanding operations southward, further elevating industrial land prices in key zones across southern Taiwan.
New Taipei Industrial Park recorded the highest prices per ping (3.3 square meters), ranging from NT$950,000 (US$29,188) to NT$1.1 million. It was the only zone among those surveyed to surpass the NT$1 million threshold.
In northern Taiwan, most industrial zones now start at NT$350,000 per ping. New Taipei City’s minimum has reached NT$450,000.
Colliers attributed the rising demand to Taiwan’s strengthened role in global supply chains amid the semiconductor and AI boom. In 2024, total industrial property transactions reached NT$153.8 billion.
Of the amount, NT$108.5 billion came from the acquisition of existing facilities such as factories, factory offices, and logistics warehouses. Industrial land transactions accounted for NT$45.3 billion.
Acquiring operational facilities enables manufacturers to quickly scale production and enhance efficiency, making these assets particularly attractive, Colliers stated.
Huang added that Taiwan benefited significantly during the first wave of the US-China trade war under President Donald Trump’s 2017–2021 term. Multinational companies sought to diversify their supply chains away from China, which led to increased investment in Taiwan and sparked a five-year boom in industrial real estate.
However, Huang cautioned that with Trump's second term and uncertain tariff measures, most countries are adjusting their global manufacturing strategies. This shift could significantly impact Taiwan's role within the global supply chain.
