Page 56 - 2023 OUTLINE OF THE MINISTRY OF THE INTERIOR REPUBLIC OF CHINA

Land Administration

2. Achieving Safe Real Estate Broking Management Institutions
The MOI promulgated the Real Estate Broking Management Act in 1999. As of the end of 2022,

special municipalities/ counties/cities had authorized 9,319 real estate agencies, with 8,367 of these
entities practicing this profession according to the act.

3. Promoting the Rental Housing Professional Service System

In order to protect the rights of the leasing parties, introduce idle houses into the rental house market,
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 2022,
regarding the rental housing service industry, 19 municipalities and counties (cities) had established rental
housing service business associations. There are 1,250 rental housing service businesses applying to the
competent authorities for permits, and 1,235 rental housing service businesses completing corporation
registration. Rental housing managers have certified 13,326 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 govern-
ment policies. In this regard, the MOI promulgates regulations that aim to promote real estate transac-
tion transparency 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 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 ac-

tions, 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 lists
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 2022, the website had provided information on more
than 4.26 million transactions, and the number of website visitors had exceeded 210.19 million. In
addition, in coordination with the Executive Yuan’s open data policy, the current announcing period

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