they don’t want to rent so they put high price. I wish they do vacancy tax to stop all this.
It is 50K + 3390 management fee (per month). Plus there is a one off commission payable to the agent by the renter of probably around 50K.
So we agree that this budget is not enough for a nice place in the center, in many cities And I agree that in many cities an average wages can’t cover city center rents.
What I thought is a very good point: compared to average wages here, 50k seems a quite high budget (for a single person household). If you want to stick to a “max 30% of wages for rent” rule, we would be looking at someone earning 150k NTD per month. That means you can get a great apartment close to the MRT for that budget - just maybe not as central as the OP wants.
@vagabond : I trust you use 591 to look for places? Hint: the mobile app allows arbitrary lower and upper bounds for rent in searches, much more useful than the “40+k” on the website. Using 35-45k (to allow for 5k management fees), 2 rooms, 20-30 ping as filters, it looks like quite a few places available between 101 and Xinyi Anhe. Photos look quite OK to me.
50k is a lot! You can find a nice crib for way less than that. Just be patient, go out whenever you have free time…
Find areas you like and just pound the pavement, bring a TW friend and check out signs posted around the neighborhoods…
Why? Because housing in Taipei is old and dirty and way overvalued.
I just looked online to see if prices have really increased that much.
They haven’t.
$50k gets you a nice apartment, even in Xinyi District. Perhaps my standards aren’t as high as some but you can easily get a smaller apartment in that area for far less.
Why? Because housing in Taipei is old and dirty and way overvalued.
@vagabond I suggest to mark that post as solution
I don’t know about you, but if I had 50k to spend on housing, I’d find a shit place for 15k and spend the rest on making it nice inside. After a few years you’d end up with a huge amount of savings. But I never have 50k to spend on housing anyways. I spend 10k on a shit place and I make the best of it. First floor is always nice because I can have heavy stuff without too much problems.
I thought 50k is a pretty generous budget, But I can not seems to find any place. Is my expectation too high? What kind of rent do I need to pay to find such a place in a central district like daan?
50k gets you a beautiful illegal rooftop addition at the south end of Daan or Xinyi. Fulfills most of your requirements:
Not too far away from world trade center where I work.
Access to some greenery you can even grow it on your balcony
Newish building (<15 years), since I’m allergic to mold and I’m wary of older building have mold problem even if the building is old, the rooftop addition will usually be comparatively new
Higher floor so you don’t stare into other people’s apartment. highest floor in the building
Could be furnish or unfurnished
1 bedroom and 1 study and larger living space would be ideal. Size wise maybe ~18 ping actual living area.
plenty of outdoor space for BBQ and home brewing and distilling
I don’t know about you, but if I had 50k to spend on housing, I’d find a shit place for 15k and spend the rest on making it nice inside. After a few years you’d end up with a huge amount of savings. But I never have 50k to spend on housing anyways. I spend 10k on a shit place and I make the best of it. First floor is always nice because I can have heavy stuff without too much problems.
First few floors are the first to go if the building partially crumbles in a major earthquake, right?
Well how would I get a 1000kg milling machine and a lathe up those flights of stairs?
Brilliant!
I get where you’re coming from, vagabond.
I too spent many pointless months searching for a ‘nice’ apartment in Taipei, and my budget was higher than yours. Sadly, Taipei is not SG, KL or HCMC where, in exchange for a ridiculous amount of money, you can be assured of a reasonable, mold-free, idiot-neighbour-free, standard of accommodation.
Do what I did. Work and live elsewhere asap.
It’s also comes with free 100c heating in summer and typhoon fun days.
Check around the Da Tong neighborhood, the Da Qiao Tou station. I looked at an apt there a couple years back to use as a studio piece that was like 10-12kish that was quite fine inside. I can’t imagine it’s gone up in price that much.
@hunter63 Spot on, HCMC has about the most absurdly great deals on apt rentals on the planet…
@Taiwan_Luthiers right on, no need to overpay for doormen, fancy lobbies, etc if you’re renting…
Exactly my impression. Housing here sucks compared to so many places. It’s ridiculous