Taiwan Stock Market Hot Money Affects Real Estate Market; Shenghua Construction: Customers Return to Buy Homes After Earning Money
Shenghua Construction's General Manager Ku Nien-sheng noted that the recent boom in Taiwan's stock market is influencing the real estate market, with some customers canceling purchase agreements to invest in stocks, only to return to buy more expensive properties after profiting months later.
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- 📰 Published: May 12, 2026 at 14:50
- 🔍 Collected: May 12, 2026 at 15:02 (11 min after Published)
- 🤖 AI Analyzed: May 13, 2026 at 04:39 (13h 37m after Collected)
Central News Agency
(Taipei, May 12, CNA reporter Ho Hsiu-ling) The recent bull market in Taiwan's stock market is affecting capital flows in the real estate market. Ku Nien-sheng, General Manager of Shenghua Construction, pointed out that many people who originally intended to buy homes have chosen to invest their funds in the stock market due to its hot performance. Some customers even canceled their home purchases to buy stocks, only to return to buy homes after earning money six months later.
Shenghua Construction's residential project in Shipai, Taipei City, held its groundbreaking ceremony today. After the ceremony, Ku Nien-sheng stated in an interview that while some funds have recently flowed into the stock market, rigid demand for housing still exists, especially for products in mature living areas and prime 'egg yolk zones' in Taipei City, where buying sentiment remains relatively stable.
He noted that they have indeed encountered cases where some customers who had already purchased homes later chose to cancel their contracts and transfer their funds to stock market operations. 'They returned to buy homes six months later,' and some even upgraded to higher-priced properties due to stock market profits.
Regarding the real estate market in the second half of this year, Ku Nien-sheng believes that the market is still affected by loan restriction policies, but rigid demand continues to exist. He expects the overall real estate market to remain flat and show a trend of regional differentiation; that is, prime 'egg yolk zones' and mature living areas will still have support, but 'egg white zones' (peripheral areas) will face more significant sales pressure if they lack population and living amenities.
Speaking of NVIDIA's announcement to establish a presence in the Beitou-Shilin Technology Park, Ku Nien-sheng said that the technology industry theme indeed generated market expectations. NVIDIA's initial announcement also led to a wave of enthusiasm in the Beitou-Shilin Technology Park's real estate market. However, he believes that it will take at least 10 years for a redevelopment zone to mature in terms of development and living facilities such as food, clothing, housing, and transportation.
Wang Chun-chieh, General Manager of Hi-Yueh, which is responsible for sales agency, stated that with NVIDIA's future entry into the Beitou-Shilin Technology Park, related supply chains and cooperative manufacturers are also expected to gradually move in. This is similar to how TSMC's establishment of factories in the past led to the formation of surrounding industrial clusters to achieve geographical convenience. In the future, it is hoped that the nearby Shipai commercial district can support daily living needs.
In addition, Ku Nien-sheng also pointed out that construction costs have continued to rise recently, including steel bars, concrete, pipelines, labor, and earthwork costs. In particular, earthwork costs have increased by about 3 times compared to original estimates, and due to earthwork disposal issues, the groundbreaking ceremony originally scheduled two months ago was postponed until today. (Editor: Yang Kai-hsiang) 1150512
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(Taipei, May 12, CNA reporter Ho Hsiu-ling) The recent bull market in Taiwan's stock market is affecting capital flows in the real estate market. Ku Nien-sheng, General Manager of Shenghua Construction, pointed out that many people who originally intended to buy homes have chosen to invest their funds in the stock market due to its hot performance. Some customers even canceled their home purchases to buy stocks, only to return to buy homes after earning money six months later.
Shenghua Construction's residential project in Shipai, Taipei City, held its groundbreaking ceremony today. After the ceremony, Ku Nien-sheng stated in an interview that while some funds have recently flowed into the stock market, rigid demand for housing still exists, especially for products in mature living areas and prime 'egg yolk zones' in Taipei City, where buying sentiment remains relatively stable.
He noted that they have indeed encountered cases where some customers who had already purchased homes later chose to cancel their contracts and transfer their funds to stock market operations. 'They returned to buy homes six months later,' and some even upgraded to higher-priced properties due to stock market profits.
Regarding the real estate market in the second half of this year, Ku Nien-sheng believes that the market is still affected by loan restriction policies, but rigid demand continues to exist. He expects the overall real estate market to remain flat and show a trend of regional differentiation; that is, prime 'egg yolk zones' and mature living areas will still have support, but 'egg white zones' (peripheral areas) will face more significant sales pressure if they lack population and living amenities.
Speaking of NVIDIA's announcement to establish a presence in the Beitou-Shilin Technology Park, Ku Nien-sheng said that the technology industry theme indeed generated market expectations. NVIDIA's initial announcement also led to a wave of enthusiasm in the Beitou-Shilin Technology Park's real estate market. However, he believes that it will take at least 10 years for a redevelopment zone to mature in terms of development and living facilities such as food, clothing, housing, and transportation.
Wang Chun-chieh, General Manager of Hi-Yueh, which is responsible for sales agency, stated that with NVIDIA's future entry into the Beitou-Shilin Technology Park, related supply chains and cooperative manufacturers are also expected to gradually move in. This is similar to how TSMC's establishment of factories in the past led to the formation of surrounding industrial clusters to achieve geographical convenience. In the future, it is hoped that the nearby Shipai commercial district can support daily living needs.
In addition, Ku Nien-sheng also pointed out that construction costs have continued to rise recently, including steel bars, concrete, pipelines, labor, and earthwork costs. In particular, earthwork costs have increased by about 3 times compared to original estimates, and due to earthwork disposal issues, the groundbreaking ceremony originally scheduled two months ago was postponed until today. (Editor: Yang Kai-hsiang) 1150512
Choose to stand with facts. Every sponsorship you make is a force to protect press freedom.
Download the CNA 'First-hand News' APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.