HSINCHU, Taiwan – With manicured parks and rows of gleaming luxury condos, Guanxin certainly looks the part of Taiwan’s richest borough. The average annual household income in the borough – Taiwan’s most basic level of administrative division known as li – is NT$4.61 million (S$186,000), more than three times the island’s overall average of NT$1.
41 million, according to income tax data released in July. Already a subscriber? Log in Get exclusive reports and insights with more than 500 subscriber-only articles every month No contract ST app access on 1 mobile device Subscribe now All subscriber-only content on ST app and straitstimes.com Easy access any time via ST app on 1 mobile device E-paper with 2-week archive so you won't miss out on content that matters to you.
