New Taipei Three Gorges Building vs. Apartment: To live in or invest? Experts recommend choosing

When buying property, choosing between a building or an apartment is always a difficult question. A recent study shows that in the Three Gorges area of New Taipei, the price difference between buildings and apartments is as high as nearly 40%. Experts say the type of property you choose depends on whether you plan to live in it or as an investment.

Live in or invest?

If you plan to live there yourself, then choosing a building may be a better option. Buildings usually have more facilities and services and are suitable for living. And if you're looking to invest, condos may be a more attractive option as condos typically have higher yields.

The reporting rate is higher

Experts suggest that if you are looking to invest in property, opting for an apartment may be a wiser choice. Apartments are generally less expensive, but rental yields are relatively high, meaning you get a better return on investment.

Consider future value-added potential

In addition to rental yield, you should also consider the property’s potential for future appreciation. The value-added potential of buildings and apartments may vary, and you should make your choice based on market trends and area characteristics.

• Choose a building: fully equipped and suitable for self-occupation
• Choose an apartment: The investment rate is high and it is suitable for investment
• Consider future value-added potential and make wise choices