Qing’an 3.0 gets the final green light》New 5 major wealth-increase eligibility criteria are added; Ko Wen-je says: “You’re an idiot”—the problem is house prices

The Executive Yuan approved today the “QingAn 3.0” plan, adding five new conditions, including income “wealth-disqualification” rules, age limits for taking out loans, a cap on total home price, and additional support for marriage and childbearing, with roughly NT$42.26B allocated over nine years.
(Background: “New QingAn 2.0 is coming”: public-sector banks propose three ideas—interest subsidies and a grace period or rate cuts)
(Additional context: New QingAn loosened 100 billion NT$, will Taiwan’s home prices keep rising? Experts warn first-time buyers to watch out for a “sweet trap”)

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• 5 major new conditions at a glance
• How the income-and-age “wealth-disqualification” draws the new threshold
• Backlash: from “the problem is home prices” to “limiting starting a family”
• Market view: reasonable, but hard to recreate buying momentum

At today’s Executive Yuan meeting (16), it approved the “QingAn 3.0” plan. On the basis of QingAn 2.0, it added five qualification restrictions, drawing new ceilings from the loan application age, to the total house price, to all of it.

The Ministry of Finance estimates that over the next nine years, this policy will spend about NT$27.27B in total, including government subsidies of about NT$42.26B. But less than half a day after the plan was approved, opposition parties and real-estate academics have already raised pointed doubts: if the government is touting wealth-disqualification while also setting age and price limits, can QingAn truly return to its original goal of helping first-time owner-occupiers buy homes they can afford—or once again will policy subsidies end up chasing after home prices?

Since “New QingAn” launched in 2023, it has been repeatedly criticized as a driver of rising home prices. Now that the current plan expires at the end of July, QingAn 3.0 is viewed as the follow-on version. This time, the Executive Yuan’s answer is to tighten the subsidy recipients—from “all first-time buyers” to “more targeted groups.”

5 major new conditions at a glance

Compared with QingAn 2.0, QingAn 3.0 adds five new conditions:

• Age and term: The maximum loan term remains 40 years, but when applicants apply for the loan they must be under 50 years old, and the sum of “loan application age plus the approved loan term” must not exceed 80—meaning the older the applicant, the shorter the maximum loan term they can get.
• Income wealth-disqualification: The borrower’s total annual personal income must not exceed NT$2 million; those above the threshold are disqualified from QingAn preferential treatment.
• Total home price limits: In Taipei City it must not exceed NT$35 million; in New Taipei City and Hsinchu County it must not exceed NT$25 million; for other counties and cities, the cap is NT$20 million.
• Add-on for newlywed and child-rearing families: For families newly married within 2 years, the maximum loan amount can be raised to NT$12 million; for families with minor children, it can go up to NT$15 million.
• Interest subsidy continues but declines: All new and existing QingAn loan borrowers can receive full interest subsidy for 3 years. After the current incentives, the interest rate is 1.775% (banks reduce by half a “code,” and the government further subsidizes 1.5 “codes”); starting from the year after the 3-year mark, the subsidy declines by half a “code” each year, and once the subsidy period ends, the loan interest rate reverts to the original rate.

As for all seven existing conditions from QingAn 2.0, they are fully retained: adults with no self-owned housing for the borrower and spouse, and no self-owned housing for minor children; must live in the home and sign an owner-occupancy undertaking; maximum loan amount of NT$27.27B; maximum loan-to-value ratio of 80%; maximum grace period of 5 years; maximum loan term of 40 years; and a “once in a lifetime” limit allowing only one loan.

In other words, QingAn 3.0 does not change core benefits such as loan amount, loan-to-value ratio, or grace period; instead, it redraws the line on “who qualifies.”

How the income-and-age wealth-disqualification draws the new threshold

The Ministry of Finance estimates that from August 1, 2026 to July 31, 2035—over nine years—QingAn 3.0 will have total funding of about NT$220k, including about NT$270k in government subsidy, to be continued from the Ministry of the Interior’s Housing Fund.

Based on sample scenarios, for an ordinary NT$10 million loan, the total benefit over 6 years would be NT$225,000; for newlywed families calculated with a NT$12 million loan, the benefit over 6 years would be NT$270k; for child-rearing families with a NT$15 million loan, the benefit over 6 years could reach NT$337,500—clearly biasing subsidies toward groups that are “marrying, having children, and living in the home.”

When the five new conditions are laid out, they are essentially three arrows simultaneously aimed at the question of “who can receive QingAn benefits.”

• The first arrow is income wealth-disqualification—high earners with annual salary above NT$2 million are excluded.
• The second arrow is the age restriction: the sum of loan application age plus the approved loan term must not exceed 80. People approaching age 50 who apply will have their available loan term compressed, and monthly payment pressure will rise accordingly.
• The third arrow is the total home price cap: Taipei City at NT$35 million, New Taipei and Hsinchu at NT$25 million, and other cities/counties at NT$20 million. These thresholds directly exclude some luxury homes in prime areas from preferential treatment.

Backlash: from “the problem is home prices” to “limiting starting a family”

The moment the plan was approved, the criticism started. Taiwan People’s Party former chairman Ko Wen-je said bluntly, “You’re an idiot—the problem is home prices.” He argued that what truly needs to be addressed is home prices themselves, not continuing to tweak the wording and conditions around loan eligibility. The Ministry of Finance responded that it will oversee banks to do a good job with loan controls.

TPP chair Huang Kuo-chang also raised numerical doubts, saying that after New QingAn went live, home prices kept climbing. From the third quarter of 2023 to the fourth quarter of 2025, the increase reached as much as 18%. In other words, the government’s subsidized loan amounts, to some degree, have helped fuel this uptrend.

Real-estate trend expert Li Tong-rong criticized that although QingAn 3.0 is stricter than 2.0 in its conditions, its overall spirit has already been distorted from “stable homeownership for families” into a “restrictive family-starting project,” still not truly returning to the policy essence of “assisting first-time homebuyers who plan to live in the home.”

He further proposed seven major misconceptions and six suggestions, questioning whether by layering restrictions through age, income, and total price, the government might instead inadvertently harm certain families with genuine home-occupancy needs who just happen to fall near the edge of the thresholds.

Another risk that is easy to overlook is the mismatch that can arise when Taipei City’s total home price cap is viewed together with the income wealth-disqualification standard. For example, with Taipei City’s NT$35 million total price cap paired with an 80% loan calculation, the loan amount often pushes close to NT$10 million. If a borrower’s annual income happens to be around NT$2 million, the monthly principal-and-interest burden remains quite heavy. Once the subsidy declines, the “risk of being unable to afford the mortgage after getting through the down payment” could materialize.

Newlywed and child-rearing families can still obtain higher amounts—up to NT$12 million or even NT$15 million—but the higher the amount, the heavier the principal and interest they carry becomes.

Market view: reasonable, but hard to recreate buying momentum

Compared with the sharp criticisms from opposition parties and academics, front-line real-estate brokers have relatively milder assessments. Tseng Jing-de, a project manager at the research department of Eslite?—Shin-Yi Real Estate—said that QingAn 3.0’s adjustment direction is reasonable, but it will not stimulate the housing market. It will be difficult to rekindle a buying frenzy like the wave seen when New QingAn first launched in 2023. Some real-estate experts also said directly that “QingAn 3.0 is hard to replicate the effect of renewed buying momentum.”

The industry generally believes that this round of subsidies more precisely returns to rigid demand, keeping resources for the groups that truly want to live in a home and start a family.

From the broader picture, the design logic of the New QingAn policy has been shifting over time. When it was first introduced in 2023, the policy core was “solving the inability to buy a home,” with loan limits, loan-to-value ratios, and grace periods all substantially loosened. By 2.0 and 3.0, the focus shifted to “concentrating on who needs help the most,” using wealth-disqualification, age limits, and add-ons for marriage and childbearing to redirect resources toward owner-occupier families.

On top of that, over the past two years, the central bank’s selective credit controls and continued pressure on bank mortgage loan funding levels have kept market buying momentum cooling down. QingAn 3.0 looks more like a tweak to the existing cooling environment rather than reigniting a new wave of homebuying.

For first-time buyers and newlywed/child-rearing families planning to apply, the real homework after QingAn 3.0 goes live is not rushing to calculate “how much money you can borrow,” but first confirming whether you fall within the income, age, and total-price three thresholds—then assessing the long-term repayment pressure as the interest rate rises year by year after the subsidy period ends. After all, the low-interest rate lasts only 3 years, while a mortgage is a commitment stretching 30 or 40 years.