New Qing'an 3.0 Launching Soon! High-Priced Homes Excluded – Experts Reveal the Best Time to Buy

New Qing'an 3.0 will take effect on August 1—will it trigger another wave of housing price fluctuations? After the central bank's seventh round of credit controls cooled the real estate market, many buyers are watching and asking, 'When is the best time to buy?' This episode of 'After Work, Let's Go to Your Place' features host Tsai Shang-Hua and international super real estate agent Zack, who analyze the situation in detail.

The new Qing'an 3.0 introduces a price threshold, fully excluding high-priced homes. Zack explains that the previous Qing'an policy boosted market transactions mainly because there was no cap on property prices. For example, even when purchasing homes priced at NT$20 million, NT$30 million, or higher, buyers could still apply for up to NT$10 million in preferential Qing'an loans, covering the remainder with conventional mortgages. This allowed high-net-worth individuals to benefit from the policy.

However, the landscape has changed with the official launch of Qing'an 3.0. The new policy imposes price limits—homes exceeding the threshold can no longer qualify for the preferential loan, even if other conditions are met. Different price caps apply across regions, especially in the Taipei-New Taipei (Double North) area and other counties, with some cities setting limits around NT$25 million. High-priced homes are now officially excluded. 'Previously, you could buy a home worth NT$40–50 million and still use the Qing'an loan. Now it's impossible because the property is too expensive,' says Zack. This adjustment brings the policy back to its original intent: preventing wealthy individuals from using government subsidies to buy luxury homes, ensuring benefits are reserved for first-time and self-occupied homebuyers.

Experts anticipate rising market pressure starting in 2027 and recommend Q4 2027 as the ideal buying window. Zack notes that although the Qing'an policy was introduced in August 2023, its widespread use began after the 2024 presidential election. With a three-year grace period, the first wave of borrowers will begin repaying principal as early as Q1 2027. He predicts that financially strained homeowners may be forced to sell, creating sustained selling pressure through 2028.

Beyond the Qing'an effect, market supply continues to grow. Nationwide, there are approximately 120,000 completed but unsold new homes. Adding presale units still on the market, the total inventory nears 190,000 units—the highest in history. This massive supply means developers will face increasing pressure to clear inventory. For buyers not in urgent need, Zack suggests focusing on Q4 2027. Ahead of Taiwan's presidential elections, market sentiment typically turns cautious, and demand often hits a low. If this coincides with accumulated selling pressure, prices are more likely to soften. 'Truly affordable homes won’t stay on the market forever,' Zack warns. Buyers must do their homework and understand market trends to act quickly when reasonably priced properties appear.

For those aiming to buy low, Zack shares a key insight: many buyers focus on negotiating agent fees, but in practice, the most competitively priced properties are often prioritized for buyers with high cooperation and clear purchase intent. Rather than solely pushing to reduce fees, building a strong relationship and clearly communicating budget and needs increases the chance of accessing premium listings first, boosting the likelihood of a successful deal. For more insights, tune in to 'After Work, Let's Go to Your Place' with host Tsai Shang-Hua and international super agent Zack.