Booster shot for Taiwan property

SHANGHAI: The expected opening up of Taiwan's property market to mainland investors is likely to attract a wave of capital flow from the mainland and thus boost the Taiwan property market, said a White Paper from Jones Lang LaSalle yesterday.

Ma Ying-jeou's decisive victory in the just-concluded Taiwan election has pumped up the island's property market. Home prices have risen as much as 30 percent since the election, according to statistics from DTZ Taiwan.