Pattison Place III Launches 12 Units for Tender Amid Strong Sales
AM730 · 1 SOURCES1 day ago2 MIN
Summary
New World Development (017) and MTR Corporation (066) jointly developed Pattison Place III, the third phase of the Tai Wai Station overhead residential project, continues to attract buyers. On Monday (September 14), the project sold three units totalling HK$50.438 million. In response to market demand, developers launched an additional 12 units for tender sale starting Friday (September 18). The new batch comprises seven standard units and five special units with private terraces or rooftops, covering 359 to 1,022 square feet and offering one- to four-bedroom configurations.
Key Points
- Unit 8B 53/F Flat F, a 359-square-foot one-bedroom with open kitchen facing the internal garden, sold for HK$9.544 million at HK$26,585 per square foot, setting a new record for one-bedroom units in the project
- Unit 1B 22/F Flat B, a 772-square-foot three-bedroom with en-suite and storage room overlooking the open Shing Mun River view, fetched HK$21.076 million at HK$27,301 per square foot
- The 12 new units for Friday's tender include 7 standard units and 5 special units with private terraces or rooftops, spanning 359 to 1,022 square feet in one- to four-bedroom layouts
- A buyer who purchased a unit noted the project's unparalleled location atop Tai Wai MTR Station with seamless transport connectivity and a large shopping mall, describing it as extremely rare in the market
- Since the relaunch of the entire Pattison Place series, 407 units have been sold with total proceeds exceeding HK$6.6 billion. Phase III consists of 2 towers providing 892 units
Why It Matters
Pattison Place III's continued strong sales performance reflects sustained demand for large-scale railway-connected developments in Hong Kong's New Territories. The project has now accumulated over HK$6.6 billion in sales, positioning it among the most successful residential launches in recent years and demonstrating buyers' confidence in strategic MTR-linked locations despite broader market uncertainties .
Pattison Place III's continued strong sales performance reflects sustained demand for large-scale railway-connected developments in Hong Kong's New Territories. The project has now accumulated over HK$6.6 billion in sales, positioning it among the most successful residential launches in recent years and demonstrating buyers' confidence in strategic MTR-linked locations despite broader market uncertainties .