Property: Qing-An 3.0 Launches in August, Taipei Home Loan Price Cap Set at NT$35 Million, Wenshan District Most Affordable

Qing-An 3.0 will officially launch on August 1, introducing a price ceiling for loan-eligible properties, with Taipei City capped at NT$35 million. Real estate agencies analyzed transaction data from the first half of this year, filtering out properties under 15 ping (often rejected by banks) and focusing on those priced under NT$35 million. Approximately 1,660 transactions met the criteria, with Wenshan District leading the city with 222 deals, followed by Beitou District with 191 and Neihu District with 188.

Further analysis of building age shows that the average age of properties under the Qing-An 3.0 threshold in Taipei is 35.8 years. Among districts, Songshan District has the oldest average building age at 43.6 years, while Shilin and Xinyi Districts also exceed 40 years.

Chang Hsu-lan, Executive Director of Taiwan House Group’s Trend Center, stated, "Although Taipei’s price cap is the highest in Taiwan, housing prices remain high. Even young families buying small 30-ping homes may exceed the loan price limit. If they can’t buy small, they’re forced to buy older homes. And if renovations are needed, financial pressure increases further. Even with the Qing-An loan, buying a home in Taipei remains extremely difficult."

For buyers staying within the NT$35 million cap, a budget of NT$34 million requires a 20% down payment of NT$6.8 million. Married families with children may qualify for up to NT$15 million in Qing-An financing, leaving a NT$19 million shortfall. An additional NT$12.2 million must be borrowed through other bank loans, bringing the total loan amount to NT$27.2 million. With a 40-year amortized repayment plan, monthly payments would be approximately NT$90,000. Even with a household income of NT$2 million annually, the mortgage burden rate reaches nearly 56%, indicating significant financial pressure.

Among properties under NT$35 million in Taipei, Zhongzheng District has the highest unit price at NT$110.8 million per ping, with an average size of just 25.5 ping and relatively few actual transactions. In contrast, Beitou and Wenshan Districts are the most affordable, with average unit prices of NT$582,000 and NT$611,000 per ping, respectively. Wenshan District offers the largest average unit size at 35.6 ping.

Chang emphasized, "While central districts like Zhongzheng and Da’an have some qualifying transactions, many are premium small units with high unit prices, small floor areas, and large common facilities. Even if they meet the price cap, they may not suit the needs of families with children, highlighting the practicality and value of properties in Wenshan and Beitou Districts."

Lin Yang-chu, owner of Taiwan House’s Wenshan franchise in Taipei, analyzed that Wenshan is a well-known educational district with relatively affordable housing prices, offering numerous family-sized homes under NT$30 million. This year’s transaction hotspots are concentrated along Xinglong Road Sections 2 to 4, each with unique neighborhood characteristics. Section 2 features Xinglong Market and Jingxin Elementary School, ideal for first-time small families. Section 3 offers access to the Wenhu MRT line and Wanfang Hospital, attracting commuters and medical professionals. For families with elderly members, it’s a top choice for proximity to healthcare. Section 4 enters the Muzha living circle, near Zaixing Private School and Muzha Park, offering a quieter, greener environment. With the future development of the Circular Line’s Southern Section, it will meet diverse consumer needs.