business · SingTao

Patience Hill III Launches 5 Units Monday at Lowest Net Price HK$11.72M

about 2 hours ago4 MIN
Patience Hill III Launches 5 Units Monday at Lowest Net Price HK$11.72M

Summary

New World Development and MTR Corporation have launched another batch of units at Patience Hill Phase III (柏傲莊III), the over-station development at Tai Wai Station. Five high-floor two-bedroom units with scenic internal garden views were released on Tuesday, with net prices starting from HK$11.722 million. The units will be offered for sale from next Monday (January 24).

Key Points

  • Five high-floor two-bedroom units added at Patience Hill Phase III in Tai Wai on January 20
  • Unit sizes range from 456 to 534 sq ft (saleable area), featuring open internal garden views
  • Net prices range from HK$11.722 million to HK$14.431 million after applying maximum 20% discount
  • Net price per sq ft ranges from HK$25,706 to HK$27,024
  • Since the Patience Hill series relaunch, 394 units have been sold, generating over HK$6.5 billion
  • Patience Hill Phase III comprises two towers providing 892 units from one- to four-bedroom layouts
  • The development sits atop Tai Wai Station, a dual-line interchange with a large MTR shopping mall at its base

Why It Matters

The strong sales performance of Patience Hill underscores buyer confidence in MTR over-station developments that combine transit convenience with integrated retail amenities. As New World continues to launch units in a tight market, the project sets a benchmark for future railway property developments in Hong Kong.
The strong sales performance of Patience Hill underscores buyer confidence in MTR over-station developments that combine transit convenience with integrated retail amenities. As New World continues to launch units in a tight market, the project sets a benchmark for future railway property developments in Hong Kong.