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Wing Tai has won its third residential development site in Southeast Tuen Mun via public tender for a total consideration of just under HKD 982 million. The group intends to build around 500 medium-sized flats on the site, which are expected to be completed by 2022. Together, Wing Tai's three development sites can deliver around 900 residential units, accounting for approximately 20% of the upcoming supply in the area over the next six years.
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29 June 2016
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