In modern and contemporary Taiwanese literature, Taipei has always reflected Taiwan's multifaceted issues in different periods. "Urban immigrants" is a significant theme in the long tradition of Taipei narratives. This study focuses on this theme in the 21^(st)-century Taiwanese fiction, showing how the narrative perspective shifts from the old to the new generation of urban immigrants, and how "Taipei" and "the homeland" are depicted and imagined. Through close reading of two novels, Zhong Wen-yin's Lonely River and Wu Ming-yi's The Magician on the Skywalk, this study first analyzes how the protagonists' childhood memory of Sanchong - the satellite town of Taipei - and Zhonghua (Chung-hwa) Bazaar have been constructed to configure the "old Taipei" as a spiritual homeland for the new generation of urban immigrants. Then, it attaches importance to the transformations of Taipei in the grown-up time-space, exploring its metaphorical meaning on life. Diverging from other studies that pay attention to the "new" themes of post-martial law Taiwanese fiction, this study focuses on the present-day manifestation of this enduring theme in Taipei narration. Overall, the purpose of this study is to drive the discussion on narrator's position back to the literary context. In examining the change of narrative perspective in the novels, this study attempts to develop a dialogue between multifarious narrative of Taipei in Taiwanese fiction of different historical periods.