New Taipei City, Taiwan’s most populous municipality, has experienced notable shifts in its real estate market. Recent data indicates a decline in property transactions, with February 2026 recording 10,480 transactions across major municipalities—a 42.5% decrease from January. This marks the second-lowest monthly total since records began, higher only than February 2016’s 7,406 transactions. Analysts attribute this downturn to factors such as the extended Lunar New Year holiday, tighter credit controls, and weakening investment sentiment.
Despite the decrease in transaction volume, housing prices have shown resilience. In the fourth quarter of 2025, New Taipei’s house prices declined by 3.02% year-on-year, contrasting with the previous year’s 9.97% growth. This represents the city’s worst performance since Q2 2016. However, the overall market remains relatively stable, with modest price corrections observed.
In response to housing demands, New Taipei City has initiated several development projects. Notably, the “Dan Jin Housing” project in Tamsui District aims to add 620 social housing units, with 5% designated as accessible housing. The construction period is estimated to be 5.5 years. Additionally, the “Shengchang Section Parking Facilities and Youth Social Housing Design-Build Project” in Zhonghe District is set to provide 605 residential units by 2031, integrating smart technologies and green energy solutions.
For prospective buyers and renters, understanding these market dynamics is crucial. While transaction volumes have decreased, the stability in housing prices suggests a balanced market. The introduction of new social housing projects indicates a commitment to addressing housing needs, particularly for disadvantaged households. Staying informed about these developments will aid in making well-informed real estate decisions in New Taipei City.