Financial Preparation

• Determine your total investment budget (property + transaction costs + reserves)
• Establish a currency exchange strategy (NT$ can fluctuate significantly against USD/CAD)
• Research historical NT$/USD or NT$/CAD exchange rates to identify favorable timing
• Set up international wire transfer capabilities with your home bank
• Consider opening a Taiwan bank account (requires visit to Taiwan and ARC for full services)
• Evaluate tax implications in both Taiwan and your home country
• Prepare proof of funds documentation with English translations if needed

Market Research

• Identify target cities based on investment goals (capital growth vs. rental yield)
• Research district-specific price trends and rental yields
• Join online forums for expatriates and property investors in Taiwan
• Subscribe to Taiwan property market reports (from agencies like Sinyi, Taiwan Realty)
• Analyze infrastructure projects, especially MRT/transportation expansions
• Research tenant demographics and rental demand in target areas
• Plan a preliminary market visit to evaluate areas firsthand
• Understand Taiwan’s property cooling measures and how they might affect your investment

Professional Network Development

• Connect with attorneys specializing in property purchases for foreign clients
• Identify real estate agents with English capabilities and foreign client experience
• Research property management companies in your target market
• Establish contact with currency exchange specialists familiar with Taiwan
• Find a Taiwan-based tax accountant familiar with non-resident investor concerns
• Connect with building inspectors who can provide English reports
• Identify translation services for legal documents if needed

Expert Tip: Taiwan’s property market has distinct seasonal patterns. The weeks surrounding Lunar New Year (typically January-February) often see reduced transaction volumes as businesses close and families focus on celebrations. This can create both challenges (less inventory) and opportunities (motivated sellers). Summer months, particularly July-August, typically see increased activity as overseas Taiwanese return for family visits and property shopping.

Recent Regulatory Change: Taiwan has enhanced its beneficial ownership reporting requirements as part of global anti-money laundering initiatives. Companies owning property must now disclose their ultimate beneficial owners to authorities. Additionally, Taiwan has implemented the Common Reporting Standard (CRS), enabling automatic exchange of financial account information with many countries. These changes make transparency a priority for any ownership structure.

Banking Setup

• Taiwan Bank Account Options:
  • Resident accounts: Full-featured but require ARC (Alien Resident Certificate)
  • Non-resident accounts: Limited features, variable availability based on nationality
  • International banks with Taiwan presence: HSBC, Citibank, Standard Chartered offer more flexibility
  • Domestic banks with English service: CTBC Bank, E.SUN Bank, Cathay United Bank
• Typical Requirements:
  • Passport with valid visa or ARC
  • Local phone number for banking notifications
  • Local address (hotel acceptable for initial setup in some cases)
  • Tax ID number (if available)
  • Personal presence required for initial setup
  • Some banks require introduction letter from home bank
• Banking Challenges:
  • Limited English-language online banking interfaces
  • Dual-factor authentication often requires Taiwan phone
  • International transactions may require in-person verification
  • Non-resident accounts typically have lower transfer limits
  • Some operations may require official Chinese name assignment

Financing Options

While cash purchases are common among foreign investors, limited financing options include:

1. Taiwan Mortgages for Foreign Nationals:
   • Availability: Limited to residents with ARCs or specific visa types
   • Deposit Requirements: Typically 40-50% for foreign buyers
   • Interest Rates: 1.6-2.5% for NT$ denominated loans
   • Loan Terms: Typically 20 years maximum for foreigners
   • Primary Lenders: CTBC, E.SUN Bank, Cathay United for foreign clients
2. Overseas Equity Release:
   • Refinancing existing properties in North America
   • Home equity lines of credit (HELOCs)
   • Portfolio loans against investment accounts
   • Currency risk considerations essential for cross-border financing
3. Developer Financing:
   • Occasionally available for new developments targeting foreigners
   • Typically structured as higher down payments with installment plans
   • Limited availability outside of luxury segments
   • Generally higher effective interest rates than bank financing

Most foreign investors without Taiwan residence status should anticipate cash purchases or financing from their home country. Financing from Taiwan sources generally requires significant local presence, income documentation in Taiwan, and sometimes business operations in Taiwan.

Currency Management

The New Taiwan Dollar (NT$) can experience significant fluctuations against the USD and CAD, creating both risks and opportunities:

• Exchange Rate Considerations:
  • Monitor NT$/USD and NT$/CAD trends to identify favorable exchange windows
  • NT$ tends to track regional economic trends and global electronics demand
  • Taiwan’s central bank actively manages currency volatility
  • Trade tensions can significantly impact exchange rates
• Currency Services:
  • Specialized services like Wise, OFX, or XE typically offer better rates than banks
  • Forward contracts can lock in exchange rates for future payments
  • Wire transfers to Taiwan typically require Chinese character bank details
  • Daily transfer limits may apply, requiring planning for large transactions
• Income Repatriation:
  • Consider timing of rental income transfers to home country
  • Currency conversion costs can significantly impact yields
  • Taiwan has no currency controls limiting repatriation of legally acquired funds
  • Maintain accurate records for tax purposes in both countries

Currency management is particularly important for Taiwan investors due to the relatively thin market for NT$ outside Taiwan. Transaction costs can be higher than for major currencies, and timing can significantly impact effective yields. Consider working with currency specialists familiar with Asian markets rather than relying on general banking services.

Property Search Resources

• Online Property Portals:
  • Sinyi Realty (English available) – One of Taiwan’s largest property portals
  • 591 Housing Network – Comprehensive listings but Chinese only
  • Century 21 Taiwan – International brand with some English support
  • Taiwan Realty – Major local agency with select English services
• Real Estate Agents:
  • International firms: CBRE, Savills, Colliers (primarily commercial)
  • Local chains: Sinyi, Yungching, Taiwan Realty
  • Boutique agencies specializing in expat services
  • Note: Unlike North America, “exclusive listings” are less common, and agents widely share listings
• Direct Developer Sales:
  • New construction projects offer model units and sales offices
  • Major developers: Farglory, Huaku, Kindom Construction
  • Pre-construction opportunities with staged payments
  • Some developers offer multilingual services for high-end projects
• Property Auction System:
  • Court-administered auctions for foreclosed properties
  • Requires Taiwan legal representation to participate
  • Lower prices but higher risk and typically no inspection opportunities
  • Information primarily available in Chinese

Property Viewing Trip Planning

For overseas investors, an efficient property viewing trip is essential:

1. Pre-Trip Research:
   • Identify 10-15 potential properties before arrival
   • Schedule viewings in advance through an English-speaking agent
   • Research MRT (metro) lines and station proximity for properties
   • Arrange meetings with attorneys and other advisors
2. Trip Logistics:
   • Plan at least 5-7 days per city being considered
   • Stay near central MRT stations for efficient travel
   • Schedule viewings in geographical clusters
   • Allow time to experience neighborhoods at different times
3. During Viewings:
   • Take detailed photos and videos with permission
   • Ask about building management fees and regulations
   • Inquire about recent renovations and building maintenance
   • Check elevator capacity and operation (crucial in Taiwan’s high-rises)
   • Note proximity to transportation, schools, and amenities
   • Check for nearby temples, night markets, or factories (potential noise)
4. Cultural Considerations:
   • Use of lucky and unlucky numbers in pricing and floor numbering
   • Feng shui considerations in building and unit layout
   • Awareness of “haunted houses” (凶宅) and disclosure obligations
   • Understanding of Taiwan’s earthquake and typhoon building codes

Property Evaluation Criteria

Assess potential investments using these key criteria:

• Location Factors:
  • MRT/bus proximity (crucial in Taiwan’s congested cities)
  • Walking distance to markets, schools, and parks
  • School district quality (important for family rentals)
  • Neighborhood safety and demographics
  • Flood risk assessment (particularly in low-lying areas)
  • Distance to employment centers and universities
• Building Quality:
  • Age and earthquake resilience of construction
  • Building management reputation and reserves
  • Presence of modern amenities (elevator, security)
  • Quality of common areas and maintenance
  • For apartments: management committee effectiveness
  • Renovation potential and restrictions
• Unit Characteristics:
  • Natural light exposure (premium in dense urban areas)
  • Floor level (higher floors typically command premium)
  • Layout efficiency (balcony size, storage space)
  • Kitchen and bathroom quality
  • Air conditioning system type and condition
  • Water pressure and plumbing condition
• Financial Considerations:
  • Price per ping compared to area average
  • Management fees and special assessments history
  • Property tax rates for the district
  • Rental potential based on comparable units
  • Potential capital appreciation based on development plans
  • Exit strategy considerations

Expert Tip: In Taiwan, the floor number can significantly impact property value due to cultural preferences. The 4th floor (and sometimes 14th, 24th, etc.) is often considered unlucky because the Mandarin word for “four” sounds similar to “death.” Conversely, the 8th floor is considered lucky as “eight” sounds like “prosperity.” These cultural factors can create pricing anomalies that savvy investors can leverage—4th floor units may offer better value while 8th floor units command premiums but may be easier to rent or resell.

Legal Due Diligence

• ✓
  Land and Building Registry Check: Confirm registered ownership, boundaries, and encumbrances
• ✓
  Building Use Permit: Verify legal use designation matches actual use
• ✓
  Urban Planning Checks: Review zoning, height restrictions, future development plans
• ✓
  Foreign Ownership Eligibility: Confirm property type can be owned by foreigners
• ✓
  Building Management Agreement: Review regulations, voting rights, fee structure
• ✓
  Property Tax Records: Verify no outstanding tax liabilities
• ✓
  Utility Payment Status: Confirm no outstanding utility debts
• ✓
  Disclosure of Deaths/Accidents: Check if property is classified as “haunted” (impacts value)

Physical Due Diligence

• ✓
  Building Inspection: Assess structural integrity, with focus on earthquake resistance
• ✓
  Water Damage Assessment: Check for mold and water damage (common in Taiwan’s humid climate)
• ✓
  Electrical System Review: Verify capacity and safety of electrical systems
• ✓
  Plumbing Assessment: Check water pressure, drainage, and pipe condition
• ✓
  HVAC System Evaluation: Test air conditioning efficiency and maintenance status
• ✓
  Building Common Areas: Inspect maintenance, security, accessibility
• ✓
  Internet Connectivity: Test broadband speeds and fiber availability
• ✓
  Renovation Assessment: Evaluate potential restrictions and renovation costs

Financial Due Diligence

• ✓
  Comparative Market Analysis: Verify price aligns with recent comparable sales
• ✓
  Rental Market Research: Confirm realistic rental expectations in target districts
• ✓
  Tax Calculation: Determine deed tax, stamp duty, and annual property taxes
• ✓
  Management Fee Assessment: Verify monthly fees and reserve fund adequacy
• ✓
  Building Maintenance History: Review major repairs and upcoming expenses
• ✓
  ROI Calculation: Develop detailed cash flow projections including all fees
• ✓
  Exit Cost Analysis: Calculate future capital gains, taxes, and selling costs

Expert Tip: Taiwan properties often have undocumented modifications, particularly in older buildings. Watch for unauthorized extensions (頂加), converted balconies, or room configurations that don’t match floor plans. These “illegal structures” (違建) may be tolerated in practice but can create complications during resale or renovation. Professional inspectors familiar with Taiwan construction practices can identify these issues, which might not be obvious to foreigners used to stricter building code enforcement.

Offer and Negotiation

1. Initial Inquiry: Typically made through a real estate agent
2. Viewing Arrangement: Often with minimal advance notice
3. Price Negotiation: Usually involves multiple rounds through the agent
4. Verbal Agreement: Preliminary terms before documentation

Taiwan’s real estate market has specific negotiation customs. Listing prices typically have 3-5% built-in negotiation margin. Negotiations often focus on price per ping rather than total price. Sellers may accept lower offers for all-cash purchases or quick closings. Culturally important numbers (8 being lucky, 4 being unlucky) can influence final price points in negotiations.

Transaction Process

1. Engagement of Attorney: Essential for foreigners navigating the Taiwan process
2. Preliminary Agreement (Booking Form):
   • Basic terms outlined
   • Initial deposit of NT$100,000-200,000 typical
   • Not legally binding but shows serious intent
3. Due Diligence Period:
   • Typically 1-2 weeks
   • Document verification
   • Property inspection
   • Legal review
4. Purchase and Sale Agreement:
   • Formal contract with detailed terms
   • Down payment of 10-30% typically required
   • Legal commitment to proceed
5. Foreign Buyer Approval (if required):
   • Application to local government
   • Reciprocity status verification
   • Purpose of use declaration
   • Typically takes 2-4 weeks
6. Completion and Closing:
   • Balance payment transfer
   • Deed transfer at land office
   • Tax payments
   • Utility transfers
7. Post-Completion:
   • Registration of ownership
   • Building management notification
   • Insurance arrangement
   • Property tax registration

The timeframe from initial agreement to completion typically ranges from 30-90 days, with foreign buyer transactions usually taking longer due to additional approvals. Working with professionals experienced in foreign transactions is essential for navigating Taiwan’s primarily Chinese-language documentation and procedures.

Transaction Costs

Budget for these typical transaction expenses:

• Deed Tax:
  • 6% of government-assessed value (typically lower than market value)
  • Primary tax on property transfers
  • Usually paid by buyer
• Stamp Duty:
  • 0.1% of transaction value
  • Applies to the sale and purchase agreement
  • Typically split between buyer and seller
• Land Value Increment Tax:
  • 20-40% of land value appreciation
  • Calculated since last transaction
  • Typically paid by seller but can affect negotiation
• Registration Fee:
  • 0.1% of transaction value
  • For registering the transfer at the land office
  • Paid by buyer
• Agent Commission:
  • 1-2% from each party (buyer and seller)
  • Sometimes negotiable for higher-value properties
  • May be higher for foreign buyer transactions
• Legal Fees:
  • NT$50,000-100,000 for standard transactions
  • Higher for complex foreign buyer deals
  • Essential for navigating Taiwan’s property system
• Notary Fees:
  • Approximately NT$1,000-5,000
  • Required for certain document authentications

Total transaction costs for foreign investors typically range from 7-10% of the purchase price. Though slightly higher than some Asian markets, Taiwan’s transaction costs are relatively transparent and predictable once understood. These costs should be factored into your overall investment calculations.

Expert Tip: Taiwan’s property transaction system still relies heavily on cash, especially for deposits and even final payments. While wire transfers are becoming more common, some sellers may expect substantial cash payments. Plan accordingly by arranging higher daily withdrawal limits with your bank, scheduling currency exchanges in advance, and consulting with your attorney about secure payment methods that satisfy both Taiwan’s requirements and your home country’s currency transportation regulations.

Administrative Tasks

• ✓
  Property Registration: Ensure property is properly registered under your name
• ✓
  Utility Transfers: Register accounts for electricity, gas, water, and internet
• ✓
  Building Management Registration: Register with building management office
• ✓
  Property Tax Registration: Register with local tax office for annual property tax
• ✓
  Insurance Arrangement: Secure appropriate property insurance coverage
• ✓
  Building Management Fee Setup: Arrange payment method for monthly fees
• ✓
  Emergency Contact Designation: Provide local contact information to building management

Regulatory Compliance

Rental properties in Taiwan must comply with numerous regulations:

• Rental Licensing:
  • Registration with local government for rental properties
  • Different requirements for residential vs. vacation rentals
  • Annual renewal process
• Building Safety Certification:
  • Earthquake safety compliance documentation
  • Fire safety equipment inspection
  • Periodic building structure inspection
• Rental Income Reporting:
  • Registration with tax authorities for rental income
  • Annual tax filing requirements
  • Withholding tax considerations for foreign owners
• Tenant Registration:
  • Notification to building management
  • Foreign tenant reporting requirements
  • Household registration processes
• Insurance Requirements:
  • Public liability insurance
  • Contribution to building insurance
  • Special coverage for typhoon and earthquake risks

Non-compliance with these regulations can result in fines, tax penalties, and potential issues with building management. Professional property management can ensure all regulatory requirements are met, particularly important for overseas investors unfamiliar with Taiwan’s specific requirements.

Record Keeping

Maintain comprehensive records for tax and legal purposes:

• Property Documents:
  • Purchase contracts and transfer documents
  • Property registration certificates
  • Building management regulations
  • Property tax receipts and assessment notices
  • Insurance policies and payments
• Financial Records:
  • All property-related expenses with receipts
  • Rental income documentation
  • Management fee payments
  • Utility payments
  • Renovation and maintenance expenses
  • Currency exchange documentation
• Tax Documentation:
  • Annual property tax receipts
  • Rental income tax filings
  • Capital improvements (which may reduce future capital gains tax)
  • Cross-border tax treatment documentation
• Tenant Information:
  • Tenant contracts and identification
  • Rental payment records
  • Deposit receipts and returns
  • Maintenance requests and resolutions
  • Inspection reports and inventories

Taiwan tax authorities typically require records to be kept for at least 5 years. Digital record-keeping systems with secure backups are strongly recommended, particularly for overseas investors managing properties remotely. Many documents will be in Chinese, so organizing translations of key documents is advisable.

Expert Tip: Taiwan has an excellent digital government infrastructure that foreign owners can leverage. Once you have your Taiwan tax ID number, many administrative tasks can be handled through online portals, particularly tax filings and certain utility payments. Consider setting up a digital proxy or authorized representative in Taiwan who can manage online government platforms on your behalf, as some systems still require a Taiwan mobile phone number for verification codes.

Taiwan Tax Obligations

• Property Transaction Taxes (One-time):
  • Deed Tax: 6% of government-assessed value (buyer’s responsibility)
  • Stamp Duty: 0.1% of transaction value (typically shared)
  • Land Value Increment Tax: 20-40% of land value appreciation (seller’s responsibility)
  • VAT: 5% on newly constructed properties from developers
• Annual Property Taxes:
  • Land Value Tax: 1-5.5% progressive rates based on government assessment
  • House Tax: 1.2-3.6% of assessed value depending on use (residential vs. commercial)
  • Filing deadline: Typically May each year
  • Payment options: In-person, through banks, or online
• Rental Income Tax:
  • Progressive rates from 5-40% for Taiwan tax residents
  • Flat 20% for non-residents on gross rental income
  • Deductions available for certain expenses (management fees, repairs, etc.)
  • Filing required by May 31 each year
• Capital Gains Tax:
  • Integrated with income tax and taxed at regular income tax rates
  • Different calculation methods based on acquisition date
  • Special rates for property held less than 2 years (up to 45%)
  • Non-residents subject to 20% withholding on net gain
• Luxury Tax:
  • 15% tax on properties sold within 1 year of purchase
  • 10% tax on properties sold between 1-2 years of purchase
  • Aimed at reducing speculation in the market

Home Country Tax Obligations

Taiwan has tax treaties with Canada but not with the United States, creating slightly different tax treatment for investors from these countries. The interaction between tax systems can be complex and requires professional guidance from advisors familiar with both jurisdictions.

Tax Planning Strategies

• Entity Structure: Evaluate personal, corporate, or hybrid ownership models
• Expense Documentation: Maintain detailed records of all allowable expenses to maximize deductions
• Capital Improvements: Document all capital expenditures which may reduce future capital gains tax
• Timing of Disposals: Consider holding periods to minimize luxury and capital gains taxes
• Renovation Timing: Plan major improvements to maximize tax advantages
• Rental vs. Capital Gain Balance: Structure investments to optimize between income and appreciation
• Professional Services Deductions: Properly document management, legal, and accounting fees
• Tax Treaty Benefits: Understand and utilize applicable treaty provisions (particularly for Canadians)

Taiwan’s tax system for property investors has undergone several changes in recent years, primarily aimed at cooling speculation. Regular consultations with Taiwan and home country tax professionals are essential to ensure continued compliance and optimal structuring as regulations evolve.

Expert Tip: Taiwan introduced a special “house and land integrated income tax system” in 2016 that changed how capital gains are calculated. Under this system, gains from real estate transactions are calculated differently based on acquisition date, with properties purchased after January 1, 2016, subject to more progressive taxation aimed at discouraging short-term speculation. To optimize tax treatment, consider holding properties for at least 5 years, after which the effective tax rate drops significantly.

Selecting a Property Manager

Evaluate potential property managers using these criteria:

• Experience with Foreign Owners:
  • Track record managing properties for overseas investors
  • Bilingual staff with English capabilities
  • Understanding of cross-border tax implications
  • International payment systems acceptance
• Professional Qualifications:
  • Proper business licensing
  • Professional certifications
  • Membership in industry associations
  • Insurance coverage and bonding
• Market Knowledge:
  • Specialization in your property type/location
  • Understanding of local rental market trends
  • Tenant network and marketing capabilities
  • Pricing expertise for your specific district
• Communication Systems:
  • Regular reporting procedures
  • Online portal for remote access
  • Response time guarantees
  • Time zone accommodation for international owners
• Maintenance Network:
  • Vetted contractor relationships
  • Emergency response procedures
  • Competitive pricing on repairs
  • Preventative maintenance programs

Management Agreement Essentials

Ensure your property management contract includes these key elements:

• Scope of Services: Detailed description of exactly what is included and excluded
• Fee Structure: Clear explanation of all management fees, commissions, and additional charges
• Contract Term and Termination: Duration of agreement and notice periods
• Financial Reporting: Frequency and format of financial statements
• Maintenance Authority: Spending limits for repairs without prior approval
• Tenant Selection Criteria: Guidelines for approving potential tenants
• Rent Collection Procedures: Methods, timing, and handling of arrears
• Insurance Requirements: Coverage expectations for both parties
• Tax Reporting Assistance: Support for annual tax filings
• Communication Protocols: Response time expectations and methods
• Dispute Resolution Process: Clear procedures for addressing disagreements

Request references from current clients, particularly other overseas investors, before signing with a property management company. This provides valuable insights into how they handle properties for remote owners.

Expert Tip: Taiwan has a unique housing culture that affects property management. Two important aspects to understand are “taxi drivers” (計程車) and “water/electricity landlords” (水電房東). “Taxi drivers” are unofficial rental agents who may approach your property manager claiming to have tenants; they expect commissions but provide no ongoing services. “Water/electricity landlords” are intermediaries who rent entire buildings then sublet to individuals at higher rates, sometimes without owner approval. Ensure your management agreement explicitly addresses these local practices and provides protections against unauthorized subletting.

Exit Options

Sale Process

When selling your Taiwan property:

1. Pre-Sale Preparation:
   • Property cleaning and staging
   • Minor repairs and improvements
   • Professional photography
   • Documentation preparation
2. Agent Selection:
   • Experience with properties in your district
   • Track record selling to your target buyer segment
   • Marketing approach and reach
   • Commission structure (typically 1-2% from seller)
3. Pricing Strategy:
   • Comparative market analysis
   • Consider cultural pricing factors (lucky numbers)
   • Price per ping considerations
   • Negotiation margin expectations
4. Marketing Period:
   • Online listings on major platforms
   • Traditional agency network marketing
   • Open house events (less common than in North America)
   • Viewings management (usually by agent)
5. Negotiation & Acceptance:
   • Offer evaluation
   • Counter-offer strategy
   • Deposit arrangements
   • Preliminary agreement
6. Transaction Process:
   • Sales contract preparation
   • Buyer due diligence period
   • Payment scheduling
   • Property handover planning
7. Closing & Transfer:
   • Final payment confirmation
   • Deed transfer at land registry
   • Tax payments (seller’s portion)
   • Key handover and property vacating
8. Post-Sale Requirements:
   • Capital gains tax reporting
   • Currency repatriation
   • Management fee settlement
   • Utility account closures

The Taiwan property selling process typically takes 1-3 months from listing to completion, depending on market conditions and property type. Working with professionals experienced in transactions involving foreign owners is crucial for navigating Taiwan’s unique requirements.

Market Exit Timing Considerations

Several factors should influence your exit timing decision:

• Taiwan Property Cycle: The market typically follows 7-10 year cycles influenced by government policies and economic conditions
• Government Cooling Measures: Watch for easing of restrictions that might signal favorable selling conditions
• Infrastructure Developments: Complete or upcoming MRT stations or major projects can significantly impact values
• Technology Industry Trends: Taiwan’s property market is heavily influenced by the tech sector’s performance
• Currency Exchange Rates: NT$/USD or NT$/CAD trends can significantly impact effective returns
• Tax Optimization: Holding properties for at least 5 years provides significantly better tax treatment
• Demographic Shifts: Taiwan’s aging population and changing household sizes affect different property segments
• Cross-Strait Relations: Political developments between Taiwan and China can impact market sentiment
• Global Taiwanese Diaspora Trends: Returning overseas Taiwanese create periodic demand surges

The most successful investors establish clear performance benchmarks and regularly evaluate their Taiwan property investments against both local and global alternatives. Taiwan’s relatively stable market with controlled growth means dramatic price increases are less common than in some Asian markets, requiring a more strategic approach to exit timing.

Expert Tip: Taiwan’s market has strong seasonal patterns worth considering for exit timing. The months surrounding Lunar New Year (typically January-February) often see increased transaction activity as overseas Taiwanese return home and may make property purchases. Similarly, August-September can see heightened activity as families settle before the academic year begins. Timing your property listing to align with these seasonal patterns can increase visibility and potentially command premium pricing.