Kaohsiung — Deep Dive
Asia New Bay Area and Industrial Transformation
Kaohsiung's property market has undergone dramatic transformation, driven by the Asia New Bay Area development, TSMC's new fabrication plant, and infrastructure investment including the light rail circle line. The city offers Taiwan's highest rental yields at 3.1% and relatively affordable pricing at 10.1x median multiple. The Asia New Bay Area, anchored by the Kaohsiung Music Center and cruise terminal, has seen PSF prices surge to NT$55-70W/ping in premium projects, rivaling Taipei's mid-tier districts.
Kaohsiung Price Trend
NT$ 10K per ping
Zone Price Comparison
NT$ 10K per ping · Q3 2025
New fabrication plant driving employment growth and housing demand in Nanzih and Ciaotou districts.
Premium waterfront development anchored by Music Center and cruise terminal, creating a new luxury market.
3.1% gross rental yield is the highest among Taiwan's six special municipalities.
Light rail circle line completion and MRT extension are key catalysts for district-level appreciation.