 2013-03-28 |
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Reporter Yih-Lang Chou / Taipei Report A subsidiary of YC Group is set to launch two major real estate projects in Linkou and Xinzhuang’s sub-city area this year, with a total sales value of NT$6 billion. Among these, the Linkou project, "Wangchou Premium," is the largest. It will offer luxury residences in three sizes: 60, 80, and 90 ping (a unit of area). The potential profitability of this project is expected to be highly anticipated, particularly with the upcoming opening of the airport MRT line at the end of this year or early next year.
Wangchou Construction’s General Manager, Li Shu-Wei, stated that the company’s focus this year will be on these two major projects. The Linkou project has been officially named "Wangchou Premium." Located at the intersection of Section 2, Wenhua Road, and Siwei Road in the Linkou New Town redevelopment area, the project will offer units in sizes of 60, 80, and 90 ping, divided into two buildings, A and B, with 27 and 29 floors respectively. Sales are expected to begin in April, with a total sales value of NT$5 billion. Revenue recognition for this project is estimated to begin in 2015. |
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