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Sakura Development acquires two land parcels in Taoyuan for TWD 1.18 billion

#International News#Land#China
Last Updated : 22nd Apr, 2026
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Synopsis

Sakura Development Co Ltd has acquired two land parcels in Taoyuan City for a total consideration of TWD 1.18 billion (USD 37.40 million), as reported in the past week. The transaction reflects the company’s continued focus on expanding its land bank in key urban locations. Taoyuan has been witnessing steady real estate activity due to its proximity to Taipei and improving infrastructure. The acquisition is expected to support Sakura Development’s future residential or mixed-use projects, in line with its ongoing strategy of targeting high-growth regions within Taiwan’s property market.

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Sakura Development Co Ltd stated in the past week that it has acquired two land sites in Taoyuan City for a total value of TWD 1.18 billion, equivalent to USD 37.40 million. The company disclosed that the acquisition is part of its ongoing efforts to strengthen its land portfolio in strategically located urban areas.


Taoyuan City has emerged as an important real estate market in Taiwan, supported by its connectivity to Taipei and the presence of key infrastructure such as Taoyuan International Airport. The city has also seen consistent demand for residential developments, driven by population inflow and industrial growth.

The latest acquisition aligns with Sakura Development’s broader expansion strategy, where the company has been actively securing land parcels to support its future pipeline. In recent years, developers in Taiwan have been focusing on land banking to manage supply constraints and maintain project continuity amid fluctuating market conditions.

While specific development plans for the newly acquired sites have not been disclosed, such acquisitions are typically aimed at residential or mixed-use developments, considering the location advantages of Taoyuan. The move also reflects confidence in the long-term demand outlook of the region’s property market.

Source Reuters
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