Taiwan Real Estate Tenders

Cooling down: House price growth slowed to 4.78% in 2022, down from 11.71% the year before. Transaction volume also declined 8.6%.
Regional variations: Prices surged in Hsinchu (36.04% growth) and Xinbei (14.64% growth), while Taipei remained around $7,000 per square meter.
Investment potential: Despite the slowdown, Taiwan's strong economy and favorable policies offer long-term investment potential.

Estimated value: Over $10 billion annually spent on real estate projects by the government.
Focus areas: Land acquisition, construction, property management, and public housing development.
Transparency: Procurement processes are open to domestic and foreign companies. E-procurement platforms facilitate bidding and information access.

Main Real Estate Products and Services Procured:
Land acquisition: Government purchases land for various purposes, including infrastructure projects, social housing, and industrial development.
Construction: Companies are hired to build government buildings, schools, hospitals, and other public facilities.
Property management: Services include maintenance, security, and tenant management for government-owned properties.
Public housing development: Government contracts developers to build affordable housing for low-income families.

Top Authorities for Taiwan Real Estate Procurement:
Ministry of the Interior: Oversees land acquisition, housing policy, and urban development.
Public Construction Commission: Manages government construction projects and sets procurement standards.
Local governments: Responsible for procuring real estate within their jurisdiction.

Top Winners of Taiwan Real Estate Procurement:
Local construction companies: Dominate the market due to their familiarity with local regulations and experience in public projects.
Foreign companies: Increasingly participate in large-scale projects, particularly in infrastructure and high-tech development.
Joint ventures: Collaboration between local and foreign companies is becoming common, offering combined expertise and resources.

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