Taipei City Government Plans to Attract NT$10 Billion in Investment in the First Half of 2025, with the Department of Finance Leading the Launch of the Yixian Section Superficies Project in Xinyi District.
Taipei City Government officially announced the "Establishment of Superficies on National Land at No. 14-5 and No. 116, 3th Subsection, Yixian Section, Xinyi District, Taipei City" investment information on January 15, 2025. The Investment Briefing Session is scheduled for February 11, 2025, and the bid submission deadline is March 31, 2025. Investors are invited to participate actively in the bidding. According to the Department of Finance, this land area is 972 square meters, with the land use zone classified as Type 4 (Special) Residential District. The floor area ratio is 400%, and the building coverage ratio is 50%. The land is currently used as a temporary surface parking lot. The development will be carried out through the establishment of superficies for a duration of 70 years, with the royalty base price set at NT$661.1 million. The bidding method will follow a two-stage process: "Qualification Review – Price Bid," with the highest bid for the royalty fee being awarded the project. The annual rent for the land will be calculated at 3.5% of the declared land value (divided into fixed rent at 2.5% of the declared land value for the signing year, plus variable rent calculated at 1% of the declared land value per year). Commissioner of the Department of Finance Hu Hsiao-Lan, stated that encouraging private sector participation in public infrastructure investments can contribute to the city’s finances, ensure sustainable financial resources, and promote local prosperity. This is a key development strategy for Taipei City. In the first half of 2025, the Taipei City Government plans to launch six major projects, including the Yixian Section superficies project, three joint development projects along the Wanhda Line and North Circle Line, the Beitou Xiushan Long-Term Care BOT project, and the urban renewal project in the Chengxin Wenxiang District. These projects are expected to attract private investments totaling up to NT$10 billion. Commissioner Hu further emphasized that the site locates an excellent location, adjacent to the Sun Yat-sen Memorial Hall, near the Taipei Arena, Taipei 101, and other significant landmarks. The area is active in commercial activities, and investors can plan for a variety of business sectors, such as corporate headquarters, hotels, and healthcare services, offering significant development potential. The announcement for investment is being made in January, and all interested investors are encouraged to actively participate in the bidding to achieve a mutually beneficial outcome for both the city and the economy. The Department of Finance also announced that in order to provide more detailed information for investors, an Investment Briefing Session will be held on February 11, 2025. Investors are welcome to sign up (registration link: https://forms.gle/nbQg96UezrrQsGUx9). The bidding submission deadline is 11:00 AM on March 31, 2025. Interested bidders may contact the Unified Bidding Center. Public Works Department. Taipei City Government (3rd Floor South, No. 1 City Hall Road, Xinyi District, Taipei City, 110204) to purchase the tender documents. The electronic versions of the tender documents are available at the Unified Bidding Center’s Superficies Investment Information Zone (announcement and tender information available at: https://ubc.gov.taipei/News.aspx?n=9364E643F5FF7485&sms=B881BEDC3C4D0330) and the Department of Finance, Taipei City Government website (https://dof.gov.taipei/) for download. Investors are sincerely invited to actively participate in the bidding.