Taipei Fullerton East to Undergo Reconstruction|"危老"飯店改建 首例"馥敦南京館"

To accelerate the reconstruction of older structures, the government is promoting a "dangerous old building" clause that will give an additional 10 percent floor area reward to property owners that apply and are approved for the reconstruction plan within three years of the clause going into effect. The 45 year old Taipei Fullerton Hotel on Nanjing East Road managed to get its application approved and will become the first hotel to be reconstructed by meeting the conditions of the Statute for Expediting Reconstruction of Urban Unsafe and Old Buildings in Taiwan.


Reconstruction on the 45-year-old former Crowne Plaza and current Taipei Fullerton East on Nanjing East Road will start soon. The hotel's application was approved by the Taipei City Construction Management Office in April and it is the first hotel in Taiwan to meet reconstruction requirements under the Statute for Expediting Reconstruction of Urban Unsafe and Old Buildings.

This hotel's application was approved on Apr. 17. It is eligible for a floor area incentive of 1.15 times and a 10 percent floor area "timeliness" reward.

The statute is applicable to buildings 30 years or older that have failed seismic resistance tests in structural safety assessments. The hotel meets these requirements and will receive a 1.15-times floor area incentive following reconstruction. As the hotel got its application approved before the May 9, 2020 deadline, it will also be eligible for a "timeliness" floor area reward of 10 percent. This will increase its buildable total floor area to over 7,000 pings.

We are working hard to find international (hotel) chains to work with.

If it can increase its floor area by these 1,700 or 1,800 pings, they will be able to build additional floors. This could be attractive to international hotel chains.

A real estate expert says the number of applications has been low because the consent of multiple households is often needed and the generous incentives have not been enough to overcome this. The expert says with the Fullerton's application getting approved and the three-year deadline approaching, there may be a flurry of applications from older hotels or commercial buildings.