Maya Corp. Revises Land Purchase Plan in Xizhi, New Taipei City
Maya Corp. (2020) issued a supplementary statement regarding its board resolution on a land acquisition plan in the Chongde Section of Xizhi District, New Taipei City. The original plan was to acquire 29 land parcels (949.42 ping) for a total of NT$1.7089 billion to build a residential tower via urban renewal. However, due to incomplete consolidation of some parcels, the plan was changed. The company ultimately acquired 26 land parcels and existing structures (877.52 ping) for a total price of NT$1,579,474,000. The unit price of approximately NT$1.8 million per ping was maintained. The company stated this change has no impact on its finances or business operations.
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- 📰 Published: May 19, 2026 at 06:31
- 🔍 Collected: May 19, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 19, 2026 at 06:45 (13 min after Collected)
Date of Issue: May 19, 2026
Company Code: 2020
Company Name: Maya Corp.
Subject: Supplementary explanation on the board's resolution to purchase land in Chongde Section, Xizhi District, New Taipei City.
1. Original Announcement Date:
December 19, 2024
2. Summary of Original Announcement:
On December 19, 2024, our company's board of directors resolved to purchase 29 land parcels, including lot no. 137, in the Chongde Section of Xizhi District, New Taipei City. The land area was 3,138.57 square meters (949.42 ping), with an expected purchase price of NT$1.8 million per ping, for a total of NT$1.7089 billion. The plan was to carry out a reconstruction project via urban renewal to build and sell a residential tower.
3. Reason for and Main Content of the Change:
However, as the consolidation of some land parcels could not be completed, it was not possible to proceed with the purchase alongside land and structures from other private landowners and the National Property Administration. Therefore, our company has currently only completed the purchase of 26 land parcels and their existing structures, including lot no. 137, in the Chongde Section of Xizhi District. The land area is 2,900.88 square meters (877.52 ping), with a total transaction price of NT$1,579,474,000, and a land unit price of approximately NT$1.8 million per ping.
4. Impact of the Change on the Company's Financials and Business:
None.
5. Other Matters to be Stated:
None.
Company Code: 2020
Company Name: Maya Corp.
Subject: Supplementary explanation on the board's resolution to purchase land in Chongde Section, Xizhi District, New Taipei City.
1. Original Announcement Date:
December 19, 2024
2. Summary of Original Announcement:
On December 19, 2024, our company's board of directors resolved to purchase 29 land parcels, including lot no. 137, in the Chongde Section of Xizhi District, New Taipei City. The land area was 3,138.57 square meters (949.42 ping), with an expected purchase price of NT$1.8 million per ping, for a total of NT$1.7089 billion. The plan was to carry out a reconstruction project via urban renewal to build and sell a residential tower.
3. Reason for and Main Content of the Change:
However, as the consolidation of some land parcels could not be completed, it was not possible to proceed with the purchase alongside land and structures from other private landowners and the National Property Administration. Therefore, our company has currently only completed the purchase of 26 land parcels and their existing structures, including lot no. 137, in the Chongde Section of Xizhi District. The land area is 2,900.88 square meters (877.52 ping), with a total transaction price of NT$1,579,474,000, and a land unit price of approximately NT$1.8 million per ping.
4. Impact of the Change on the Company's Financials and Business:
None.
5. Other Matters to be Stated:
None.
FAQ
What is the status of the land development in Chongde Section, Xizhi?
Maya Corporation has scaled back the plan from 29 to 26 land parcels after failing to consolidate some lots. The total project value is now approximately NT$1.58 billion.
What is planned to be built in this development?
A residential building is planned to be constructed as part of an urban renewal project.
What are the land prices like in Xizhi?
In this transaction, the land was traded at around NT$1.8 million per ping, indicating a high price level.