Lee Tong-rong, Chairman of the Jiji Real Estate Network, noted that the influx of hot money due to the strengthen of the New Taiwan Dollar is not helping the currently bearish Taiwanese real estate market. He stated that such hot money will primarily flow into the stock market in the short term, making it difficult for real estate investments to provide immediate returns.

Analyzing historical trends, Lee reflected on significant appreciation phases of the New Taiwan Dollar, highlighting that during 1985 to 1990, both real estate and stock markets were in a bullish state, driving property prices up. Conversely, during the 2016-2022 appreciation, the real estate sector faced a downturn while the stock market performed reasonably well.

Lee predicts that the overall real estate prices in Taiwan will face corrections in the short term, estimating a decline of 5% to 7% in Taipei and 10% to 15% in other regions. He emphasizes that observing past cycles suggests that the real estate market won't gain traction until the second half of 2026.