What are the main reasons for the decrease in housing starts in Taiwan?

The main reasons include rising and short supply of construction materials due to the Middle East conflict, unresolved domestic earth and stone disposal issues, and government-approved extensions of construction permits.

What is Lai Cheng-yi's prediction for the future housing market?

Lai Cheng-yi predicts that in the next five years, choices for new homes will be extremely limited, and extended completion periods for pre-sale projects will become the norm.

AI News NQ Analysis

Housing Starts Plummet, Xianglin's Lai Cheng-yi: New Homes May Face Shortage in 5 Years

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AI Summary (NQ-processed)

Taiwan's housing starts have significantly decreased, with Lai Cheng-yi of Xianglin Real Estate predicting a shortage of new homes in five years. This is primarily due to rising construction material costs from the Middle East conflict and labor shortages. Data from the Ministry of the Interior shows a substantial increase in construction permit extensions, with 4,890 cases and 45,777 units extended in the first three quarters of 2025, up 82.8% and 54.5% respectively from 2024. Lai suggests the government relax construction loan regulations and accelerate the introduction of migrant workers.

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Frequently Asked Questions

Q: What are the main reasons for the decrease in housing starts in Taiwan?: A: The main reasons include rising and short supply of construction materials due to the Middle East conflict, unresolved domestic earth and stone disposal issues, and government-approved extensions of construction permits.
Q: What is Lai Cheng-yi's prediction for the future housing market?: A: Lai Cheng-yi predicts that in the next five years, choices for new homes will be extremely limited, and extended completion periods for pre-sale projects will become the norm.