Taiwan Semiconductor sends 8,000 engineers to Kaohsiung, with the pre-sale housing prices in Nanzih approaching the 50,000s, and the prices in Zuoying Houcheng reaching the 60,000s

Taiwan Semiconductor Manufacturing Company (TSMC) held a "2-nanometer expansion ceremony" today at its Kaohsiung plant. In recent years, TSMC's establishment has driven up housing prices in northern and southern Kaohsiung, with prices in the Nanzih District skyrocketing, and areas like Zuoying, Qiaotou, and Gangshan also rising, transitioning from a boom period to a cooling period. The Kaohsiung City Government estimates that, excluding supply chain companies, there will be at least 8,000 engineers stationed after the operation of P1 to P5 plants, indicating strong demand. Market observations show that pre-sale housing prices in Nanzih are approaching the 500,000 NTD mark, while Zuoying's rear station has reached the 600,000 NTD mark. The "TSMC residences" around TSMC are very popular, with new home prices soaring from the 100,000 NTD range to the 400,000 NTD range, and pre-sale prices looking at the 500,000 NTD range. However, due to the central bank's lending restrictions and the expansion of investments in the United States, housing prices are under external scrutiny. The "Nanzih Industrial Park," where TSMC is located, is only 1 kilometer from the Zuoying High-Speed Rail Station and is the only industrial park in Taiwan located at a three-rail joint station. The Kaohsiung City Government has initiated the "North City Plan," promoting the "Zuoying High-Speed Rail Technology Heart Public Urban Renewal Project," with three plots of land signing contracts with Guoyang Construction and Guocheng Construction. Guoyang Construction plans to build two 26-story above-ground and 6-story underground commercial office buildings and mixed-use buildings on Plot A; Plot B plans for one 26-story above-ground and 4-story underground commercial office building, with an investment amount of 18.8 billion NTD. Guocheng Construction is expected to invest 1.6 billion NTD to build a 24-story above-ground and 5-story underground mixed-use building, providing about 150 residential units, with the developer stating that the price per ping could reach 600,000 NTD. Kaohsiung City Deputy Mayor Lin Qinrong stated that TSMC is developing at a speed of one plant per year, with each plant employing about 1,200 to 1,500 engineers, and upstream and downstream supply chains will also come, leading to high demand for commercial offices, residential units, childcare, and daylight services. TSMC's fifth plant is expected to be completed by the end of 2027, necessitating early responses to the demand for commercial offices and residential units for 8,000 engineers. Zheng Qifeng, convener of the Supervisory Committee of the Kaohsiung Real Estate Brokerage Association, analyzed that before TSMC's establishment, the average price of new homes in the Nanzih District was 170,000 to 180,000 NTD per ping. After the news of the establishment was announced, it rose to the 200,000 NTD range, and after the confirmation of the establishment, it increased to the 300,000 NTD range, now hovering around 400,000 NTD. Following the announcement of expanded investments in the United States, consumers have shown anticipatory psychology; however, there has been no significant price drop, only room for negotiation. Xie Zheyao, chairman of the Kaohsiung Real Estate Sales Association, stated that the Gao Da Special Zone and the Houjing area are both hot spots for home purchases. However, there are currently not many new homes in the Nanzih District, with only 536 units available, and prices ranging from 360,000 to 400,000 NTD. All pre-sale projects start at the 400,000 NTD range, and the neighboring Qiaotou and Gangshan districts are similar, as TSMC's plan for the fifth plant in Kaohsiung remains unchanged, and housing prices have not shown significant fluctuations. ![](https://imageproxy.pbkrs.com/https://pgw.udn.com.tw/gw/photo.php/query-dT1odHRwczovL3VjLnVkbi5jb20udHcvcGhvdG8vMjAyNS8wMy8zMS9yZWFsdGltZS8zMTc1MTU4MS5qcGcmeD0wJnk9MCZzdz0wJnNoPTAmc2w9VyZmdz0xMDUwJmV4cD0zNjAwJmV4cD0zNjAw? Taiwan Semiconductor's Kaohsiung plant held a "2-nanometer expansion ceremony" today, showcasing a simulation of the factory. Photo by reporter Liu Xuesheng The surrounding area of the Kaohsiung Nanzi Industrial Park has seen astonishing price increases due to the presence of Taiwan Semiconductor. Photo from our newspaper's archive Taiwan Semiconductor's Kaohsiung plant held a "2-nanometer expansion ceremony" today. Photo by reporter Liu Xuesheng