- Taiwan’s economy continues to expand, supported by business indicator that remained in expansionary territory and record‑high exports and export orders in March.
- Supported by resilient leasing demand and release of new supply, quarterly rental growth reached its highest level in nearly a year, with average rents rising to NT$3,279 per ping, up 0.6% QoQ and 1.9% YoY.
- Strong leasing momentum enabled the market to absorb newly delivered supply, pushing Taipei Grade A vacancy down 0.3 ppts QoQ to 6.7%, with Xinyi District witnessing the most improvement.
- Leasing activity among domestic corporates has strengthened since the 2H/2025 and continued into this quarter, reflecting a growing tendency among occupiers to upgrade quality of office space.
- Although seven new office buildings are set for completion in 2026, only around 50% is expected to enter the leasing market, limiting the impact on rising vacancy rates.
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