The North City Construction Management Office announced the amendment to the “Rules for the Handling of Illegal Buildings”, which can be renovated and decorated under the premise of not increasing the height and area in the past, but from January 1 next year, all existing illegal buildings are prohibited from repairing, and if there are related acts, they will be demolished in accordance with the law. Experts remind that in the future, the risk of buying top plus residences and cubicle suites has increased significantly, and there should be doubts about violating the construction, and once it is reported, it will be demolished; In addition, due to the declining birthrate, the number of vacant rents and the increase in the supply of new housing have led to the inability to increase rents and the return rate of landlords.
In order to speed up urban renewal, rectify the cityscape or prevent endangering public safety, the Taipei City Construction Management Office launched the “Taipei City Illegal Building Handling Rules” amendment operation, for the Republic of China before the 83 years of the existing illegal construction will not be repaired, if there is repair, priority will be given to the investigation and demolition, it is expected that the amendment will be implemented on January 1 next year after the passage of the law.
It is understood that because the existing illegal building structure has not been reviewed by the construction law or building technical specifications, the degree of harm is higher than that of general legal buildings, if a fire occurs, the people still continue to live and use the building structure when the building structure has been damaged, which is prone to danger.
In this regard, Huang Shuwei, director of the market research department of Rip Leaf, said that the risk of buying three types of residences will increase greatly in the future, including: buildings with rooftops, cubicle suites, and student suites. Because the old illegal building before 1994 may be reported for demolition if it is declared for repair next year, or reported by neighbors, it is necessary to carefully assess the risk of buying a building with a roof or a cubicle suite.
He further explained that when people buy a house, if they encounter real estate agents and landlords, they boast, “The house is divided into 8 suites, plus the top plus, the return rate can reach more than 3%, which is quite beautiful!” But in fact, in case the house has fire protection concerns or a fire record, once it is reported, it will be demolished immediately. “When buying a house, you must pay attention, don’t be stupid.” Otherwise, you may face insufficient loans, or you may not be able to reach full rent, and the reimbursement rate will be halved.
In addition, Huang Shuwei is not optimistic about student suites, because Taiwanese society is facing the problem of declining birthrate, many suites near schools have a high proportion of vacant rents, and the rent cannot be pulled up, coupled with the central bank’s interest rate hike, the high cost of mortgage loans for homeowners, and the continuous increase in the supply of new housing in the region, will dilute the landlord’s return rate, resulting in a significant reduction in the effectiveness of buying a house to resist inflation.
Huang Shuwei reminded that Taipei Mayor Ke Wenzhe issued new regulations after taking office, and the new houses built after 2016 must have an architect visa when buying and selling, so that there is no illegal construction before the transfer can be made.
Chen Taiyuan, the full-time contract manager of Donglong Real Estate, said that at present, almost none of the top pluses, compartments, and suites in Taipei City have applied for interior decoration permits, because they will not pass the application; Therefore, these illegal buildings have not been discovered for the time being, and most landlords have a lucky mentality of “fight and go”, and will not take the initiative to notify the city government when repairing, thinking that they will not be reported; It is recommended that the owners of these existing illegal buildings should not be renovated to make it taller, bigger and fatter, and as for the people who want to buy such a type of house, they should also pay attention to whether the house has a demolition risk and fire protection concerns. (Lin Peixuan/Wired Report)
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