Page 56 - 2022 OUTLINE OF THE MINISTRY OF THE INTERIOR REPUBLIC OF CHINA

3. Safe Rental Housing System
In order to protect the rights of the leasing parties, introduce the idle houses to the rental house mar-
ket, and protect the right of abode, the Rental Housing Market Development and Regulation Act was en-

acted on June 27, 2018. Furthermore, the MOI has been formulating 12 sub-laws. As of the end of 2021,
regarding the rental housing service industry, 12 municipalities and counties (cities) have established rent-
al housing service business associations. There are 1,134 rental housing service businesses applying to the

competent authorities for permits, and 1,058 rental housing service businesses completing corporation
registration. Rental housing managers have certified 10,939 applicants.

VI. Equalization of Land Ownership

The MOI plans policies in line with the two objectives of land value increments to the public and land

profit sharing policy, namely the equalization of land rights sharing, when implementing government pol-
icies. In this regard, the MOI promulgates regulations that aim to promote real estate transaction trans-
parency, to benefit the general public and justify the land value and land tax systems, to allow the public
and private sectors to improve real estate assessment techniques, and also to implement market value

assessment of land expropriation compensation. In addition, the MOI established a real estate appraiser
licensing system. Furthermore, the MOI is supervising local governmental policies and actions, including
announcing current land value and government published land value.

1. Publishing Real Estate Actual Transaction Price Information
The declared Real Estate Actual Transaction Price Declaration and Registration System was im-
plemented on August 1, 2012. In order to boost the nation’s real estate transparency and establish

a robust domestic real estate market, the MOI has established an online inquiry system that listed
the actual price of property transactions in the country since October 16, 2012. Users can utilize the
MOI’s Real Estate Actual Transaction Price Inquiry Service for transaction data of trades, rentals, and
pre-sold housing unit trading. As of the end of 2021, the website has provided information on more
than 3.77 million transactions, and the number of website visitors has exceeded 188.54 million. In

addition, in coordination with the Executive Yuan’s open data policy, the current announcing period
of real estate transaction information has been openly provided since July 1, 2015. From July 1, 2016,
the current announcing period of real estate transaction information has continuously been posted

on the website for free download and is repackaged quarterly for the public for value-added uses. By
the end of 2021, it has accumulated more than 860,000 downloads.

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