What is the average Class A rent in Taipei?

Around 4500 TWD/sqft/yr ($140 USD) across the broader Class A index. Trophy submarkets like Xinyi Planning District command 20–40% above that.

How many months of rent-free are normal in Taipei?

3 months on a 5-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.

Are rents rising or falling in Taipei?

The Taipei Class A market is currently rising. Vacancy is 4.2%, which sets the negotiating context.

Headline Class A rent in Taipei is around 4500 TWD/sqft/yr ($140 USD), with 3 months of typical rent-free on a 5-year term.

Headline Class A rent: 4500 TWD/sqft/yr ($140 USD).
Trophy submarket rents (Xinyi Planning District) push to roughly NT$5,000/ping/mo · ≈ $52.3 PSF/yr USD.
Typical concessions on a 5-year deal: 3 months free rent.
Vacancy stands at 4.2% — market trend is rising.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Taipei Class A office rents and incentives

Headline Class A rent in Taipei is around 4500 TWD/sqft/yr ($140 USD), with 3 months of typical rent-free on a 5-year term.

TL;DR

Headline Class A rent: 4500 TWD/sqft/yr ($140 USD).
Trophy submarket rents (Xinyi Planning District) push to roughly NT$5,000/ping/mo · ≈ $52.3 PSF/yr USD.
Typical concessions on a 5-year deal: 3 months free rent.
Vacancy stands at 4.2% — market trend is rising.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Headline rent vs. effective rent

Asking rents in Taipei are quoted in TWD per sqft per year. Across the broad Class A index the figure is 4500, but the trophy tier in Xinyi Planning District reaches roughly NT$5,000/ping/mo · ≈ $52.3 PSF/yr USD. Always discount headline rent by the present value of free rent and tenant improvement allowance to land on effective rent — the only number that compares cleanly across deals.

Rent-free and TI

Standard Taipei concessions on a 5-year Class A lease run to 3 months of base-rent abatement. Trophy lease-ups can push rent-free 25–40% above that benchmark. Local cost-of-occupancy is also shaped by tax — 20% Taiwan corporate income tax. Profit-seeking enterprise income tax structure with R&D credits and tax incentives for qualifying high-tech investment.

Where rents land by submarket

Xinyi Planning District sits at the top end (~NT$5,000/ping/mo · ≈ $52.3 PSF/yr USD). Songshan clears around NT$4,200/ping/mo · ≈ $43.9 PSF/yr USD as the prime tier. The full submarket map is on the Taipei city page.

Key facts

city	Taipei
country	Taiwan
region	APAC
classARentLocal	4500 TWD/sqft/yr
classARentUsd	$140/sqft/yr
vacancy	4.2%
typicalLeaseYears	5
typicalRentFreeMonths	3
submarkets	5
primeYieldPct	3.4%
trophyRent	NT$5,000/ping/mo · ≈ $52.3 PSF/yr USD
primeRent	NT$4,200/ping/mo · ≈ $43.9 PSF/yr USD

Frequently asked questions

What is the average Class A rent in Taipei?: Around 4500 TWD/sqft/yr ($140 USD) across the broader Class A index. Trophy submarkets like Xinyi Planning District command 20–40% above that.
How many months of rent-free are normal in Taipei?: 3 months on a 5-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.
Are rents rising or falling in Taipei?: The Taipei Class A market is currently rising. Vacancy is 4.2%, which sets the negotiating context.

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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