TSMC’s domestic expansion is fueling demand in the real estate market, as highly paid engineers snap up homes near factories. This trend has been observed in Tainan, Chiayi, and Kaohsiung. Last month, more than 300 of 800 pre-sale units in a residential complex were sold to TSMC staff. Let’s hear from a real estate agent.

Lin Meng-hsiung
Real estate agent in Tainan
One month ago, on a Saturday, there was a pre-sale offering. It started at 9 in the morning. By noon, all units were sold. There were more than 800 units, and deposits were taken for more than 500. Among those 500 buyers, there were more than 300 associated with TSMC.

According to property transaction records, prices have surged in areas near TSMC facilities. In Tainan’s Anding District, Kaohsiung’s Nanzih District, and Miaoli’s Zhunan Township, property prices have climbed more than 70% over the last three years.

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