Page 58 - 2022 OUTLINE OF THE MINISTRY OF THE INTERIOR REPUBLIC OF CHINA

3. Compilation of Indices of Urban Land Price
To provide the general public with correct information concerning urban land prices, the MOI at-
tempted to compile Indices of Urban Land Prices in 1989. After a subsequent assessment in 1991, the

MOI then drew up its Compilation of Indices of Urban Land Price Program and Management Guide-
lines Governing the Survey and Compilation of Indices of Urban Land Prices as the basis for such
investigations and compilations. For each piece of urban land of villages/cities/districts under the

jurisdiction of special municipalities/counties/cities, these price indices are derived from land prices
weighted by the size of the respective zone, and are compiled twice a year. On January 15 and July
15, the indices from September of the previous year and March of the current year are published, re-
spectively. See Table 5-3 for the latest details.

Table 5-3 Indices of Urban Land Prices
Sep 30, 2021 Base Period: March 31, 2018=100

Locality General Index Residential Index Commercial Index Industrial Index

Total 103.98 104.06 103.57 104.37

New Taipei City 104.59 104.88 102.39 105.18

Taipei City 103.80 103.71 103.90 104.20

Taoyuan City 102.54 102.33 103.10 103.01

Taichung City 103.12 103.58 101.97 101.44

Tainan City 107.69 107.70 104.77 110.41

Kaohsiung City 104.49 104.40 104.86 103.92

4. Publishing the "Housing Price Index" and "Housing Affordability Index"

According to Article 47 of the Housing Act, the competent authorities shall periodically collect, an-
alyze, and announce the housing information to guide the development of a robust housing market. In
order to implement the housing policy and respond to the existing circumstances, the Ministry of the

Interior (MOI) compiles and publishes the Housing Price Index and Housing Affordability Index on a
quarterly basis nationwide and in municipalities area as a reference for public inquiries and policy for-
mulation by government agencies.

56