Here is page from the brochure
|Brochure detailing the size and the layout of the condo.|
The 39 ping house was $14,000,000NT which is 1,387 square feet for $462,000 USD or 333 US per square foot. The 48 ping house was $18,000,000NT which is 1,705 square feet for 594,000 USD or 322 US per square foot.
These prices are just insane. I ask my Taiwanese friends what is a high paying salary in Taiwan, they say it's 100,000NT a month or an annual US salary of around $39,603USD. Honestly, I think that number is high - according this site the GDP per capita of Taipei is $48,400 USD. Now, to me that number is ridiculously high. There are definitely very wealthy Taiwanese people who are skewing this statistic and I am highly skeptical of that number, but I know plenty of people living on 500USD to 1,100 USD a month. Yet, for the hell of it let's use the $48,400 as the our annual salary. In order to buy a 1,387 square foot apartment you have to pay 9.5X your salary!
There are plenty of empty luxury apartments all over Taipei. I really don't get why these apartments are so freaking expensive.
|Brochure explaining real estate is a better investment than god|