Is it possible to buy a place in Taipei county for 6million NT$ or under?
Thanks
Yes, but it is not going to be very big.
Depends if you mean a place like San Xia, or some place up in the the hills.
I would say both are possible. But the latter is more probable
It is incredibly easy to buy a place for 6 million or under in Taipei County. I’ve only ever lived in the north, so am familiar with Chuwei all the way to the most northern tip of the island. In Chuwei, you’ll get a 24 ping place for that amount, and obviously much more for that in Danshui. 6 million in Sanzhi will get you a house.
$6,000,000 is TOTALLY doable in Yungho or Chungho! Especially where the nearest MRT stop is more than a 15-minute walk away. If you wanted a condo-type building, you’d probably be able to buy maybe 20 pings (minus 4 pings for “commons”), and if you wanted one of those old-school apartments, you could get maybe a 30-40 pinger!
From the most convenient of these two places, Taipei City is only a 30 minute walk, 15 minute bus ride, 10 minute MRT ride, 10 minute bicycle ride or 5 minute scooter ride away!
In Xindian it is also possible. For example, prices for houses in Taipei People, one of the new developments, start in 5.5 mil. Older -and bigger- 2 or 3 bedroom houses, still within walking distance to Qizhang or Xindian City Hall MRT stations, are also within that price range. Plus mountains in the background, fresher air, and nice river parks.
[quote=“Elliot_spencer”]Is it possible to buy a place in Taipei county for 6million NT$ or under?
Thanks[/quote]
Hello.
A real good question.
The answer is yes. you can buy a house for 6 million NT dollars on condition that Taiwan people can buy properties in your country also.
But unfortunately, the butget only can buy a suite in Taipei city.
I’m a real estate broker, service area around the Da-an and XingYi District.
If you have questions for buying or renting properties in Taipei, you can contact to me.
If it is not in Taipei city,it’s in banqiao,xindian.
How big house I can buy in 6 million dollars?
I think the next hotspot will be xindian.
The price is under-estimation.
Then it is worth buying now?
To echo everyone else yes it is possible.
We have just bought a new build 30 ping apartment for just shy of 6m.
It’s to the east of the city, on the border of Taipei City and Taipei county, Within 5minutes ride new Nangkang Mrt (when built).
Not as crowded as the west of the city.
[quote=“StuartCa”]To echo everyone else yes it is possible.
We have just bought a new build 30 ping apartment for just shy of 6m.
It’s to the east of the city, on the border of Taipei City and Taipei county, Within 5minutes ride new Nangang MRT (when built).
Not as crowded as the west of the city.[/quote]
30 ping new build apartment and the convenient transportation,well,You are lucky . 
Right … all you guys are talking about houses but I am guessing you mean apartments rather than actual houses?
Myself and my wife (local) are buying next year and haven’t started looking yet but we really want a house not an apartment. Would 9,000,000 get me anything half decent in the county?
[quote=“irishmoe”]Right … all you guys are talking about houses but I am guessing you mean apartments rather than actual houses?
Myself and my wife (local) are buying next year and haven’t started looking yet but we really want a house not an apartment. Would 9,000,000 get me anything half decent in the county?[/quote]
Look around the hills of Ankeng and Shenkeng. A friend just bought a small house up there for just over 6 million.
We are still looking for a place but it’s hard work house hunting in Taipei. There are definitely some bargains out there but since half of Taipei is constantly under construction it’s difficult to squeeze in more than two houses per visit.
A friend of mine has a 46 ping house in Xindian that he will sell for around NT$5m. I don’t think we will take it because the surrounding community is a bit old and it’s not really what we were looking for but it might interest someone who is looking for an affordable first home in Taiwan. PM me for more info.
Anyway, the point is that while we haven’t fallen in love with any houses yet it’s definitely possible to buy quite a decent house for under $6m. Buying through an agent at this kind of price is next to impossible but I have been using the agents to show me around potential houses before looking for individual sales in the same area.
Another option I’ve been considering is to buy a plot of land or run-down shack and build a new home from scratch. I’ve done some rough calculations and with the price of labour here I could have a very nice western standard 40-odd ping single story home built for around $6m.
[quote=“llary”]
Another option I’ve been considering is to buy a plot of land or run-down shack and build a new home from scratch. I’ve done some rough calculations and with the price of labour here I could have a very nice western standard 40-odd ping single story home built for around $6m.[/quote]
That sounds like a pretty good idea if you can manage the construction. It sure would be nice to have a customized place that you could make into your idea of “home”.
But wouldn’t it be difficult to find land at a fair price?
I think when we finally decide to get permanent housing, our budget will be around 6-9million so ideas like this are always interesting to hear.
[quote=“rocky raccoon”]That sounds like a pretty good idea if you can manage the construction. It sure would be nice to have a customized place that you could make into your idea of “home”.
But wouldn’t it be difficult to find land at a fair price?
I think when we finally decide to get permanent housing, our budget will be around 6-9million so ideas like this are always interesting to hear.[/quote]
My budget is exactly the same as yours. Occasionally I’m tempted by the city pads for 20-odd million but manage to talk myself out of the horrendous mortgages. 6-9 mil can get something respectable but it involves a lot more work than just chucking twice that amount into a prefab unit like reasonably well-off locals seem to do.
I investigated the options for self building a few years back and came up with quite a few ideas. Clear land is just too expensive but there are government auctions that sell off repossessed houses at bargain basement prices. The two major problems with these are that you can’t see inside the house before you bid and the previous owners are likely to have destroyed the place in a disgruntled rage. Perfect though if you plan to rip up and restart.
I also know a few families who would be happy to sell me a chunk of their land at a reasonable price, but I would be more wary of going down this route.
I really enjoy building my own stuff and I think this could be the best way to end up with a large, beautiful, well-built home within my budget. When I originally thought about doing this I didn’t really have enough contacts to pull it off with confidence but now the idea is looking very attractive.
How often do they have these auctions?
Is there a website where you can see pictures of the exteriors?
Another advantage in renovating yourself is that you can be assured of what materials you are getting and the workmanship done, and you are sure that the house/apartment is being built/renovated properly. I know new apartments look nice, but there is a tendency in Taiwan to go buy nice shiny throw away things, that look nice but are not durable.
Same holds through for apartments in my opinion. Hot chick with glass of wine does not ensure wooden floors are made from real pine, or ensure that shortcuts have not been taken. Friend in the construction business here says that developers spend a lot of money on city architects/engineers on KTV, giving them gifts and red envelopes, and cut corners in other places. They do not cut corners on safety issues such as not putting in the rebar in the mass concrete, but on the quality of the materials and the people they hire to do the plastering, plumbing, electrics etc
That being said if you DIY, make sure you have someone you can trust and be wary of the drunken-uncle-Lee type builders, and shop around.
Direct labor costs are relatively low here, and if you find a competent architect and designer, have some patience and a good eye, you can go along way with 2 to 3 million spent on renovation.
That’s what I am looking into at the moment. Even if I have to live outside the city, I am looking for a relatively cheap perhaps rundown house (70PINGs) in a nice-enough quiet area, and am willing to throw 2 or so million into. These houses are difficult to come by, but I may have found a few. They are difficult to find cause they are usually snapped up quickly I came across one house over the weekend in that same neighborhood that is on the market. It was run down and sold off for NTD5.5M. The guy who bought it put in bay windows, wooden floors, nice kitchen, built in wardrobes, patio and a little garden. Supposedly he put 2 million into the place.
[quote=“citizen k”][quote=“irishmoe”]Right … all you guys are talking about houses but I am guessing you mean apartments rather than actual houses?
Myself and my wife (local) are buying next year and haven’t started looking yet but we really want a house not an apartment. Would 9,000,000 get me anything half decent in the county?[/quote]
Look around the hills of Ankeng and Shenkeng. A friend just bought a small house up there for just over 6 million.[/quote]
Ankeng is exactly where my buddy has the $5mil house I was talking about. I passed because the area just feels a bit old and run-down but like I said it might be okay for a first-time buyer who wants a decent house on the cheap.
[quote=“TNT”]Another advantage in renovating yourself is that you can be assured of what materials you are getting and the workmanship done, and you are sure that the house/apartment is being built/renovated properly. I know new apartments look nice, but there is a tendency in Taiwan to go buy nice shiny throw away things, that look nice but are not durable.
[/quote]
The apartment we’re living in now was well designed by the arty owner but completely ruined by A-Huang saving a few thousand NT in materials. Instead of using fire rated plasterboard they used 3mm plywood, so of course the ceiling is full of lumps with a big bow in the middle where it can’t handle the weight of light fittings. We are talking less than 1% of the total renovation cost here to use high quality ceiling materials, so wtf?
70 pings is probably going to be difficult in this $6m-9m range. 40-odd ping on a single floor is very doable if you are thinking about a western-style place with high quality materials and imported fittings etc.
In my previous mountain house in Da Keng my neighbour spent about $3m replacing all the windows and doors (very unusual for a Taiwanese) and the difference is incredible. In my house you could hear every noise outside amplified to the point of becoming unbearable. Trucks could drive past her house and nothing leaked through. So I would rather buy a really cheap shack and spend most of the money on insulation, rebuilding, fittings etc.
So 2 1/2 months of house hunting later I am ready to make an offer for a house… in Taichung 
I have visited over 60 houses, of which 3 I would seriously consider living in. What I learned is that it is indeed still possible to buy a house in Taipei with $6m but it’s not going to be very nice. Around $8m will buy a decent newly built home in Taipei County, but expect to add $1-2m for decorating as the new builds are completely bare. The houses and communities I saw in An Keng were lovely, but apart from the Taipei address they may as well live on Green Island. There is no way you could live in these places without a car, and you are probably looking at around an hour’s drive to get anywhere near the heart of Taipei City. This was the killer for me, because the whole idea of looking in Taipei was to make things easier for the wife. She has gone off Taipei as well after seeing what is available in our budget.
After getting frustrated with the Taipei housing market along with the Taipei traffic and air quality I saw Taichung in a new light. There are some awesome houses out here and $8m that will buy you a house in the arse end of Taipei will buy you a veritable mansion in a more reasonable area of Taichung. The Dong Hai University area is brimming with new housing communities, and I have to say the general build and design quality is some way ahead of Taipei. I found $6m is a difficult figure to get anything really nice with but there are some very decent newish 40-odd ping houses for $3m(!!) in Taichung County.
If anyone absolutely has to live in Taipei and is looking for a place under $5-6m then PM me as I now have quite a few contacts to get you started with. I am really fussy but some of the places would suit a young couple who wanted to own a place in Taipei County and renovate.