The key to the transformation of the western district is not the housing price numbers! According to the statistics from the Real Estate Research and Development Center, the pre-sale housing in the Datong District has shown the highest growth rate among all administrative districts in Taipei in recent years. However, the true driving force behind the current real estate market in the Datong District is the unique advantages that cannot be replicated in other areas. This region includes large-scale land development, the Yuan-Shan MRT station, and the Taipei Transfer Station, along with the 10,000-ping Flower Expo Park, which has transformed the Yuan-Shan Special Zone into a new benchmark core area for Taipei.

The Yuan-Shan Station is an important transfer station on the Tamsui-Xinyi Line, with the Flower Expo Park, covering more than 10,000 pings, adjacent to its west side. The park area hosts year-round markets, exhibitions, and creative cultural activities, gradually becoming a favorite leisure destination for international visitors. Additionally, the 'LiBao Metro' project, a core development by the LiBao Group in the Yuan-Shan Special Zone, has a development scale of 21,000 pings. In the future, it will present the triple advantages of 'large-scale land + large-scale transfer station + 10,000-ping park,' a rare value that has never appeared in the western district before and will be difficult to replicate in the future. Therefore, it has become the current market focus.

The Taipei Flower Expo Park Special Zone is just a short distance away from the Yuan-Shan Special Zone and is currently one of the most popular spots for many international visitors.

The most concrete evidence of this observation is the entry of international hotel brands into Yuan-Shan. The 'Taipei Fullon Hayue Hotel,' jointly developed by the international hotel group IHG and the Fullon Hotel Group, plans to have 199 rooms and is scheduled to open in the first quarter of 2027. Its location is next to the Yuan-Shan Station, and the site selection logic of the international hotel group values the rare conditions of '10,000-ping park + transfer station,' which has led to the observation that the Yuan-Shan Special Zone is developing into an 'international complex city.' The integrated functions of complex hotels, commercial offices, residences, and retail are a development standard that the Datong District has never had before.

The Taipei Twin Stars development project's C1 building is scheduled for completion by the end of 2026, and the D1 building is scheduled for completion by December 2027, with official operations starting in 2029. It is the first six-rail integrated building in Taiwan. The West Gate project was launched in 2015, and the first phase of construction, including the North Gate Plaza, was completed and put into use by August 2017. The NVIDIA Taiwan headquarters have completed signing by 2026, with the earliest construction starting in June 2026 and completion expected by 2030, accommodating approximately 4,000 employees. These three construction advantages, along with the 10,000-ping Flower Expo Park, will link the rare advantages of the Yuan-Shan Special Zone.

Located next to the Yuan-Shan MRT station, the 'LiBao Metro' project, driven by the LiBao Group with significant investment, is seen by the market as a representative case of the transformation of the Datong District. This project is planned with the concept of an international complex city, creating a new special zone worth over 10 billion. The south side of the site will be occupied by international hotel brands, while the north side is planned for residential buildings. It is the first-hand indicator of the Datong District's transformation from 'Old Taipei' to the new core of the western district.

For more information: https://lihpaometro.netlify.app/

FACT BOX

  • Source: PR Times
  • Category: Partnership
  • Organizations: IHG