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Some of the city’s most expensive real estate is near the Taipei City Hall and Zhongxiao Dunhua stations in the commercial Eastern District, one of the newer areas of the city. Near the latter, the average house price is 94,900 new Taiwan dollars per ping, a measure of unit based on the size of two tatami (sleeping) mats, and monthly rent is 1,328 new Taiwan dollars per ping. Around Ximen Station, the Ximending area is a very popular shopping and nightlife zone, filled with pubs, clubs and stores. House prices here average 52,600 New Taiwan dollars per ping and monthly rents are 1,130 New Taiwan dollars per ping.

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