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Jingdu Construction's New Financing Options Make Homeownership Accessible to All

14 April 2025 路 Uncategorized 路

Source: 路 https://finance.technews.tw/2025/04/11/down-payment/

Jingdu Construction's New Financing Options Make Homeownership Accessible to All
Jingdu Construction recently held an awards ceremony, where General Manager Gao Linfeng discussed the company鈥檚 performance and market trends. Despite recent price increases, Taoyuan remains a relatively affordable area in northern Taiwan; however, overall market conditions have resulted in sales declines of 6-7%. Recognizing that many young people struggle to accumulate down payments for home purchases, Jingdu Construction offers flexible payment options before delivery鈥攖erms which are negotiable.

In 2024, Jingdu Construction achieved significant results with a total turnover of NT$25.5 billion and sales reaching NT$18.5 billion. The company was recognized as one of the top ten developers in northern Taiwan, ranking fourth in online public sentiment polls due to its commitment to punctual delivery times, permanent warranty services, and ongoing customer support. To further assist young buyers, Jingdu Construction has introduced a flexible payment plan.

Currently, Jingdu is promoting seven projects: Jingdu Lishi, Jingdu Wenhua, Jingdu Kerry Hotel, Jingdu Le M茅ridien, Jingdu Future City, Jingdu Aerospace City, and the upcoming Jingdu New World in Taoyuan. With nearly 2500 units available for sale, over 1700 have already been sold.

Gao Linfeng noted that new projects primarily focus on smaller apartments鈥攃atering to young buyers who can typically afford homes priced between NT$10 and 20 million (approximately $346k-$692k USD)鈥攔equiring units ranging from 10 to 30 square meters in Taoyuan. He emphasized the stability of the real estate market, stating that it does not fluctuate like stocks but rather stabilizes and gradually increases over time.

The flexible payment plan allows young first-time homebuyers who lack down payments to customize their schedules by paying a portion of the total price incrementally鈥攐ver three to six months instead of as an upfront lump sum. Gao Linfeng highlighted Jingdu鈥檚 success in selling out projects despite broader economic impacts, noting that Taoyuan's housing prices remain relatively stable compared with other regions in northern Taiwan.

Regarding future market prospects, Gao believes the central bank鈥檚 seventh round of anti-speculation measures has stabilized property values; he anticipates corrections in previously overpriced areas while others continue to grow steadily. Jingdu Construction primarily serves first-time buyers and those upgrading their homes rather than investors. Since last year, over 600 units have been delivered smoothly thanks to the flexible payment plan.

When asked about optimal timing for a purchase, Gao stated that any period can be ideal if there is genuine demand鈥攁s real estate provides housing for families instead of serving speculative purposes.

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