Real Estate Broker: Down Payment Burden for Apartments Over 30 Years Old Increases, Averaging NT$2.77 Million
Taiwan Housing reports that the average down payment for apartments over 30 years old in Taiwan has increased to NT$2.77 million, a rise of NT$740,000 from five years ago, due to rising property prices and stricter lending conditions.
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- 📰 Published: April 29, 2026 at 20:47
- 🔍 Collected: April 29, 2026 at 21:01 (13 min after Published)
- 🤖 AI Analyzed: April 30, 2026 at 07:57 (10h 55m after Collected)
Central News Agency
(Central News Agency reporter Ho Hsiu-ling, Taipei, 29th) Taiwan Housing stated that buying old houses is becoming increasingly difficult. According to statistics on new mortgages from the Financial Joint Credit Information Center, in 2025, the average appraised price of apartments over 30 years old in Taiwan was NT$11.07 million, an increase of NT$1.92 million from 2021. The down payment ratio also increased from 22.3% to approximately 25.1%.
Taiwan Housing pointed out in a press release today that based on current property price levels, the average down payment required to buy an apartment over 30 years old is about NT$2.77 million, an increase of NT$740,000 compared to the average of NT$2.04 million five years ago. This means that buyers have to save an average of NT$12,000 more per month over the past five years to make up the difference in the down payment.
Further observing the situation in the six major cities, the down payment burden for old apartments has universally increased. In Taipei City, with its high property price base, the average appraised price of old apartments is NT$18.34 million, and the average down payment reaches NT$4.53 million. If one enters the market five years later, an additional NT$1 million needs to be prepared, making the financial pressure the highest in Taiwan.
Chang Hsu-lan, Executive Director of Taiwan Housing Group's Trend Center, stated that although buildings depreciate, land appreciates year by year. Coupled with soaring property prices, the total price of old apartments is relatively affordable. Buyers value their advantages of low public facility ratios and large practical space. Moreover, old apartments in prime locations have opportunities for reconstruction under urban renewal projects, offering significant profit margins after renovation, thus attracting both self-occupying small investors and investment property owners.
However, she pointed out that banks are conservative in approving loans for old houses, and credit controls have become stricter in recent years, tightening overall lending conditions. This has led to a reduction in approved loan ratios, creating a dual pressure of "rising property prices and falling loan ratios," directly increasing the threshold for home purchases and the burden of down payments.
Chang Hsu-lan noted that observing the transaction share of old apartments in the market across Taiwan in 2025, there has been a slight downward trend. This indicates that with both prices and financial pressure rising, although old apartments still have the advantage of a lower entry barrier compared to other products, the high renovation costs and increased down payment pressure under lending restrictions may change their attractiveness to the market.
Chang Hsu-lan said that further observation shows that in Taoyuan, Tainan, and Kaohsiung, buying old apartments before 2021 required less than NT$1 million in down payment, specifically NT$940,000, NT$750,000, and NT$760,000 respectively. By 2025, the average down payment pressure has soared, breaking the NT$1 million threshold.
Li Chia-ni, Manager of Taiwan Housing Group's Trend Center, analyzed that Taoyuan, Tainan, and Kaohsiung have benefited from the "three highs" phenomenon in recent years, including abundant industrial dividends, high supply of new projects, and numerous transportation constructions, which have rapidly pushed up property price bases. (Edited by Yang Lan-hsuan) 1150429
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(Central News Agency reporter Ho Hsiu-ling, Taipei, 29th) Taiwan Housing stated that buying old houses is becoming increasingly difficult. According to statistics on new mortgages from the Financial Joint Credit Information Center, in 2025, the average appraised price of apartments over 30 years old in Taiwan was NT$11.07 million, an increase of NT$1.92 million from 2021. The down payment ratio also increased from 22.3% to approximately 25.1%.
Taiwan Housing pointed out in a press release today that based on current property price levels, the average down payment required to buy an apartment over 30 years old is about NT$2.77 million, an increase of NT$740,000 compared to the average of NT$2.04 million five years ago. This means that buyers have to save an average of NT$12,000 more per month over the past five years to make up the difference in the down payment.
Further observing the situation in the six major cities, the down payment burden for old apartments has universally increased. In Taipei City, with its high property price base, the average appraised price of old apartments is NT$18.34 million, and the average down payment reaches NT$4.53 million. If one enters the market five years later, an additional NT$1 million needs to be prepared, making the financial pressure the highest in Taiwan.
Chang Hsu-lan, Executive Director of Taiwan Housing Group's Trend Center, stated that although buildings depreciate, land appreciates year by year. Coupled with soaring property prices, the total price of old apartments is relatively affordable. Buyers value their advantages of low public facility ratios and large practical space. Moreover, old apartments in prime locations have opportunities for reconstruction under urban renewal projects, offering significant profit margins after renovation, thus attracting both self-occupying small investors and investment property owners.
However, she pointed out that banks are conservative in approving loans for old houses, and credit controls have become stricter in recent years, tightening overall lending conditions. This has led to a reduction in approved loan ratios, creating a dual pressure of "rising property prices and falling loan ratios," directly increasing the threshold for home purchases and the burden of down payments.
Chang Hsu-lan noted that observing the transaction share of old apartments in the market across Taiwan in 2025, there has been a slight downward trend. This indicates that with both prices and financial pressure rising, although old apartments still have the advantage of a lower entry barrier compared to other products, the high renovation costs and increased down payment pressure under lending restrictions may change their attractiveness to the market.
Chang Hsu-lan said that further observation shows that in Taoyuan, Tainan, and Kaohsiung, buying old apartments before 2021 required less than NT$1 million in down payment, specifically NT$940,000, NT$750,000, and NT$760,000 respectively. By 2025, the average down payment pressure has soared, breaking the NT$1 million threshold.
Li Chia-ni, Manager of Taiwan Housing Group's Trend Center, analyzed that Taoyuan, Tainan, and Kaohsiung have benefited from the "three highs" phenomenon in recent years, including abundant industrial dividends, high supply of new projects, and numerous transportation constructions, which have rapidly pushed up property price bases. (Edited by Yang Lan-hsuan) 1150429
Choose to stand with facts, your every sponsorship is the power to protect press freedom.
Download the Central News Agency's "First-hand News" APP to stay updated with the latest news.
The text, images, and audio-visual content on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.