Taipei Metropolitan MRT Base Development Reduced by 2 Sites Due to Landowner's Consideration of Marketability

The Taipei City Department of Budget, Accounting and Statistics announced that as of the end of 114 (2025), there were 87 approved land development bases in the Taipei metropolitan area, a decrease of 2 bases, or 2.2 percentage points, compared to the end of 113 (2024); these 87 bases include 9 sites seeking investors or in preliminary stages, 7 sites under design (investment contract signed), and 6 sites under construction (construction permit obtained).

And 65 sites have been completed (occupancy permit obtained), accounting for 74.7% of the total bases, an increase of 2 bases, or 3.2 percentage points, compared to the end of 113 (2024).

The Taipei MRT Department told a Central News Agency reporter that the 2 bases with reduced approved numbers as of the end of 114 (2025) were one in Taipei and one in New Taipei, namely the Guangci Fengtian Temple Station (MRT 3) of the Xinyi Line Eastern Extension in Taipei City and the Y22 Station of the Circular Line Northern Extension in New Taipei City. The main reason was that the landowners changed their minds, considering that non-MRT base redevelopment projects were easier to sell, and the MRT Department respected their decision.

The MRT Department also stated that to smoothly acquire land for the MRT system, starting from the Wunhu Line Technology Building base in April 82 (1993), a model was introduced where landowners provide land, investors inject capital, and the government allocates administrative resources, with all three parties jointly participating in the development and acquiring real estate after completion. Although the approved number decreased by 2 bases at the end of 114 (2025) compared to the end of 113 (2024), the number of completed bases continued to advance by 2 bases.

And as of the end of 114 (2025), the Taipei MRT Department manages real estate in land development buildings, including offices, shops, commercial spaces, and residences, with 2,083 rentable units and 2,058 units rented, achieving an occupancy rate of 98.8%; this shows that the tripartite joint development still has momentum.

As for the slight decrease of 0.9 percentage points in the occupancy rate compared to the end of 113 (2024), the MRT Department said that this was to accelerate the repayment of Taipei MRT Company's self-liquidating expenses, and the units were reserved after the lease expired to facilitate reporting for transactions; however, relevant operations must be carried out in accordance with the "Principles for Subsequent Handling of Public Real Estate Disposal in MRT Land Development" and submitted to the city council for review. (Editor: Chang Ming-kun) 1150408