Page 57 - 2018 OUTLINE OF THE MINISTRY OF THE INTERIOR REPUBLIC OF CHINA

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Land Administration

three times per month and the data release period reduced from 15 days to 10 days. People can query
the real estate transaction information in time and keep up with the latest trends in the real estate market.

Taiwan's real estate price transparency ranked at the top of the translucency group after applying real
price registrations in 2014 according to Jones Lang LaSalle's report of global real estate prices transparency
index. It also ranked 29 in the global index and ranked no. 5 in Asia. By 2016, Taiwan ranked 23rd in

the world, rising up to the transparency group. As the fourth place in Asia, Taiwan's real estate prices
transparency index only fell behind Singapore, Hong Kong, and Japan.

2. The Supervision of Special Municipality/County/City Governments Concerning
the Publicly Announced Current Land Value and Government Published
Land Value

The Publicly Announced Current Land Value of the nation decrease by an average of 0.83% from
2017 to 2018. For New Taipei City, Taipei City, Taoyuan City, Taichung City, Tainan City and Kaohsiung

City, it changed -1.82%, -1.76%, -2.41%, -0.98%, -0.04% and -0.42%, respectively. In addition, Kinmen
County under Fuchien Province decreased 1.19% and Lienchiang County under Fuchien Province
increased 5.46%, respectively.

Due to the amendment of Equalization of Land Rights Act Article 14, the land value shall be reassessed

once every two years, while it had been reassessed once every three years before. Compared with 2016,
the Publicly Announced Government Published Land Value of the nation decrease by an average of 3.63%
in 2018. For New Taipei City, Taipei City, Taoyuan City, Taichung City, Tainan City and Kaohsiung City, it
changed -0.84%, -6.12%, -4.00%, -6.36%, -0.05% and -1.00%, respectively. In addition, Kinmen County and

Lienchiang County under Fuchien Province increased 0.05% and 7.06%, respectively.

3. Compilation of Indices of Urban Land Price

To provide the mass public with correct information concerning urban land prices, the MOI

attempted 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
Guidelines 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'

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