Qingpu real estate market faces adjustment amid supply shifts

The real estate market in the Qingpu District of Taoyuan is experiencing a period of adjustment characterized by reduced transaction volumes and a shift in buyer demographics. Following credit control measures, the pre-sale market has cooled significantly, with annual transaction volumes dropping from a peak of approximately 3,500 units to around 1,300 units. Weekly visitor numbers at sales centers have also seen a sharp decline.

Market experts note a polarization in the area. While peripheral zones are seeing slight price corrections due to increased supply and developer concessions, the core A18 High-Speed Rail area remains stable due to land scarcity and high purchasing power. The buyer profile has shifted from being primarily commuters from the Taipei metropolitan area to local residents from Taoyuan and Zhongli, who now account for over 50% of the market.

Despite the slowdown in volume, transaction efficiency for owner-occupiers has improved. Looking ahead, new project supplies are expected to increase in the second half of the year. Upcoming developments include projects by Zhaoyang Development, Xiangyang Construction, and He Kang Construction, which may bring renewed interest to the district. Experts suggest that Qingpu's long-term value will increasingly be determined by competition with other cities along the high-speed rail corridor rather than local Taoyuan comparisons.