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Non-traditional bidder tops property giants in Tung Chung HK$1.6b land auction

Posted on May 19, 2026
By South China Morning Post
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1 min read

Non-traditional bidder tops property giants in Tung Chung HK$1.6b land auction

Able Engineering outperforms analyst forecasts to secure a residential parcel that can fit nearly 1,000 units, and the win is seen reflecting rising confidence in the sector.