Taipei 101 tops Taiwan land price rankings for 13th straight year

Taipei, Dec. 22 (CNA) Taipei 101, Taiwan's iconic skyscraper, has the highest land price in Taiwan for the 13th consecutive year, according to the Taipei City Government's Department of Land Administration.

Data released by the department over the weekend showed Taipei 101's land price hit NT$2.11 million (US$66,984) per square meter or NT$6.98 million per ping.

The department said Taipei 101, located in Xinyi District, one of the busiest commercial areas in Taiwan, is the tallest building in the country.

It has benefited from vibrant business activities and enjoyed strong demand for commercial property spaces, the department said.

Cathay Landmark's land price was NT$2.03 million per square meter or about NT$6.70 million per ping, marking the third consecutive year that the building, also located in Xinyi District, ranked second in Taipei in terms of land value.

Shin Kong Life Tower, located in Zhongzheng District near Taipei Main Station, took third place in the capital city at NT$2 million per square meter or NT$6.61 million per ping, according to the department.

The department said the data was collected from a survey conducted between Sept. 2, 2024 and Sept. 1, 2025 for its 2026 land valuation assessment report.

According to the report, the average land price in Taipei fell 0.31 percent from a year earlier with residential property prices down 0.58 percent but commercial space prices up 0.46 percent.

Among the 12 administrative districts in Taipei, four reported higher land prices but eight showed a decline, the department said.

The department said Nangang District reported the highest land price increase of 0.39 percent at a time when large-scale property development projects were underway, attracting many shopping mall owners and high-tech firms.

Wenshan District reported the second highest rise of 0.25 percent with a broad cultural and educational area and an improving transportation network, the department said.

Beitou District saw a 0.12 percent increase in land price on the back of the development of the Beitou Shilin Technology Park, where Nvidia Corp. is planning to build its Taiwan headquarters, the department added.