Taipei Twin Stars, with total sales exceeding $100 billion and a development volume of 170,000 ping, held a new construction ceremony today (11), with more than 100 VIPs at the scene to celebrate the grand event. The 55- and 74-story "Taipei Twin Stars" will bring six highlights to the public, including a shopping mall, a star hotel, a Class A commercial office, a 360-degree skyline observation deck, an urban art gallery, and public service halls and plazas.
Taipei City Mayor Ke Wenzhe attended the ceremony today pointed out that the case base area of 9,600 ping, the estimated investment amounted to 60.6 billion yuan, and can provide 16,000 employment opportunities, and each year for the northern city government to contribute about 1.87 billion yuan of rental income, about 1.46 billion yuan of sales tax and real estate tax, each year is estimated to create hundreds of billions of dollars more than the value of the economy, the whole project is expected to be completed in 2027.
With a total floor area of 170,000 ping, "Taipei Twin Stars" includes two skyscraper towers, including the 55-story C1 building, which is a commercial office and technological entertainment mall space, and the 74-story D1 building, which provides corporate headquarters, fashion boutiques, hotels, restaurants, and observation decks, etc. The ground-floor podium creates a new image of the national gate lobby, which includes a public service foyer space, the City Art Exhibition Hall, and the Taipei Promenade.
Mr. Ming-Hsien Tsai, Vice Chairman of Taipei Double Star, said that the mall of Taipei Double Star will focus on retail and food and beverage, inviting the world's top brands to move into the mall, and the commercial office will be the only super A-grade office building in the Western District. As for the Star Hotel, it will be the only high-end luxury star hotel in the Taipei Station area, offering exquisite rooms with banquet halls, swimming pools and aromatherapy centers, and an unobstructed view of Taipei City.
In addition, as Taiwan's first twin-tower building, the "Taipei Twin Stars" Observation Deck, located at the highest point in the western district of Taipei City, offers a 360-degree barrier-free view of the cityscape of Taipei, as well as a far-reaching view of the Seven Star Mountain; at the same time, the City Art Exhibition Hall, with an area of 2,500 square meters, showcases the aesthetics of Taipei's urbanism and its cultural strengths; and finally, the hinterland, which includes the Jiao Six and Jiao Eight Plazas, occupies a land area of as much as 2.5 hectares, The Taipei Promenade, public spaces and gallery facilities provide a comfortable and friendly green and open environment for the public.
Regarding the future rental price of this case, Liu Xuelong, Managing Director of Colliers International, who has just recently been awarded the investment consulting contract of this case, estimated that, based on the current average rental price of the top A office in North City at about 4,000 yuan, this case will be launched in 2027, and the initial estimation is also able to look at this price, and it is expected that this case will start pre-letting two years before the completion of the project, and it is suitable for the inclusion of science and technology, finance and other types of industries.
Xinyi Global Asset Company consultant development department manager Lin Jianxun analysis, "Taipei Double Star" can be said to be the future of the 101 building in the west, is another landmark in Taipei City and even in Taiwan, and in recent years, the commercial office market, the top commercial office rental prices are rising year after year, so that the case of the rental price per ping up to see 4,000 yuan is still reasonable.
