The Taichung Hong Kong Special Economic Zone has added another case of 10 billion yuan town building

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Business Times Zeng Lifang 2022.09.16

Ryunosuke Hashimoto (right), chairman of Taiwan Tsuiya, Li Yaomin (middle), vice president of Changhong Construction, and Chen Junyu, manager of Lianyue Construction, completed the signing of the Japanese bookstore “TSUTAYA BOOKSTORE” on the 15th. Photo/Zeng Lifang

Another case of 10 billion yuan town building in the specific area of Taichung Port has been added. Following the debut of “Farglory Happiness”, which has a total sales of more than 15 billion yuan, “Lianyuexin”, which has a total sales of 12 billion yuan, is expected to officially enter the market on the 17th of this month. Lianyue Construction warmed up for the pre-sale case, and signed a contract with Ryunosuke Hashimoto, chairman of Taiwan Tsutaya, on the 15th, and is expected to spend 1.3 billion yuan to build a complex commercial space next to the new case, and introduce the Japanese bookstore “TSUTAYA BOOKSTORE”, which has become the biggest highlight.

In recent years, with the expansion effect of TSMC Zhongke and the vigorous development of the offshore wind power industry, coupled with the blessing of low base housing prices, the demand for rigid housing and rental housing is strong, and it has already become a first-class war zone for the first purchase of houses.

According to the market survey statistics of local consignment operators, the “land king” Farglory Construction has purchased more than 21,000 square meters of land in the Taichung Port New Town Special Economic Zone, and the “Farglory Star” town-building series has reached the ninth phase of “Farglory Happiness”; Baojia Group, which owns more than 17,000 square meters of land in terms of land area after Farglory, has more than 17,000 square meters of land, and its various brand builders have successively put forward projects; Runtai Group ranks third with 15,000 square meters, followed by Lianyue Construction with more than 14,000 square meters, Libao Group with more than 11,000 square meters, Changhong Construction with nearly 9,400 square meters, Zhonglong Iron and Steel under Sinosteel with 6,062 square meters, and Qinmei Group with 3,659 square meters.

Not only the northern consortium and large builders are optimistic about the development potential of the specific area of Taichung Port, but also local builders such as Fuyu, Zongtai, Qiao Li, etc., have purchased land and put it on sale; Even Lai Zhengyi, chairman of Xianglin Group, also said that Xianglin had sent personnel to Taichung Port District not long ago to look for land plots and prepare to advance the investment project in the Hailin area.

Since 2018, Japan’s Mitsui OUTLET shopping mall entered Taichung Port District, attracting more than 8 million people to Taichung Port every year for shopping, and Farglory Construction has built a series of development projects in Taichung Port District, attracting new aristocrats and young people to buy houses, and the demographic dividend and business opportunities brought by the rapid drive to drive the sea line housing market to take off.

Lianyue Construction said that it will build a complex commercial space next to the new community of “Lianyuexin”, with a height of 8 floors, of which nearly 1,000 square meters on the 1st ~ 4th floors, and will introduce a Japanese bookstore “TSUTAYA BOOKSTORE” with a restaurant and café, becoming the largest single-family Japanese bookstore in Taichung; The space on the 5th ~ 8th floors will become the headquarters of Lianjian in the future, showing the determination to deeply cultivate the Taichung Port Area.

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