TMW Maxwell
Address
31 Tras Street (former Maxwell House at 20 Maxwell Road site)
District
D2 - Chinatown / Tanjong Pagar
Tenure
99-year Leasehold wef 28 Apr 2023
Total Units
324 Residential Units + 2 Storeys of 11 Commercial Units comprising Retail & F&B Units
TMW Maxwell
Overview of TMW Maxwell
Maxwell House owners sold the property for $276.8 million, exceeding their initial asking price of $268 million. Originally listed at a reserve price of $295 million in September 2020, the building has been in existence since 1971. With this en bloc comes TMW Maxwell, the spanking new 20-storey mixed-use development with 3 levels of commercial component which will be launched in 2023.
With the aim of developing the property into a mixed-use development with a gross plot ratio of at least 5.6 and a gross floor area of at least 21,746.48 square metres, the joint buyers, SingHaiyi Investments, Chuan Investments, and a unit of Chip Eng Seng Corp, are planning to seek approval from the authorities.
A maximum of 20% of the gross floor area will be devoted to commercial uses. With a trapezoidal island plot of 41,799 square feet, this commercial property is conveniently located near Tras Street, Duxton Hill, and Keong Saik Road’s dining and entertainment district. In addition to being adjacent to the rejuvenated Tanjong Pagar planning area, it is expected to benefit from the Greater Southern Waterfront precinct. In addition to Strata Titles Board approval, other conditions apply to the sale.
TMW Maxwell new property is a unique concept that caters to the needs of tomorrow’s multi-talented individuals. It offers a range of spaces that combine the comfort of home, the functionality of an office, the tranquility of a park, and the inspiration of a gallery. This innovative approach to space design is perfectly suited for the hybrid lifestyle that many urbanites are embracing.
With TMW Maxwell residences, you can enjoy the benefits of a truly-local experience while staying connected to the global community. It provides a platform for highly productive individuals who are passionate, curious, and refuse to be confined by traditional labels or categories.
Whether you need a space to work, relax, socialize, or be inspired, TMW Maxwell Singapore has got you covered. Its multi-hyphenate spaces are thoughtfully designed to accommodate your diverse needs and activities. You can seamlessly transition from work to play, from solitude to collaboration, and from productivity to leisure.
By embracing the concept of TMW Maxwell, you are embracing the future of living and working. It is a place where the boundaries between home, office, park, and gallery blur, allowing you to fully embrace your multi-faceted lifestyle. So why settle for the limitations of traditional spaces when you can have it all at TMW Maxwell?
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TMW Maxwell Project Factsheet
| Project Name | TMW Maxwell |
|---|---|
| Developer | Chip Eng Seng / SingHaiyi Group / Chuan Investment (Maxwell Commercial Pte Ltd/Maxwell Residential Pte Ltd) |
| Address | 31 Tras Street (former Maxwell House at 20 Maxwell Road site) |
| District | D2 - Chinatown / Tanjong Pagar |
| Tenure | 99-year Leasehold wef 28 Apr 2023 |
| Property Type | Mixed Development |
| Plot Ratio | 5.95 |
| Total No. of Blocks & Storeys | 1 Block Of 20-Storeys |
| Total No. of Units | 324 Residential Units + 2 Storeys of 11 Commercial Units comprising Retail & F&B |
| T.O.P Date | Jun 2028 |
| Land Area | Approx. 3,883.29 m2 / 41,800 sqft |
| No. of Car Park Lots | 184 Car Park Lots + 4 Accessible Lots |
| Architect | Formwerkz Architects |
| Project Interior Designer | FARM |
| Civil & Structural | TBA |
| M & E | TBA |
| Landscape Architect | Compound Collaborative Pte Ltd |
| Main Contractor | Vision E&C Pte Ltd |
| Shortlist Project |
TMW Maxwell Location
credit:googlemap
Just under 700m and one can find 7 mrt stations in the surrounding! The nearest 2 stations to TMW Maxwell new condo being Maxwell mrt at 209m and Tanjong Pagar mrt at 307m. Then there are the rest namely Telok Ayer mrt at 558m, Chinatown mrt at 622m, Shenton Way mrt at 649m and the upcoming circle line station, Prince Edward mrt at 684m to TMW Maxwell new property.
| Amentities | Estimated Distance | |
|---|---|---|
| Supermarket | Cold Storage (Icon Village) | 410m |
| Market (Chinatown Complex) | 420m | |
| NTUC 24/7 (Tanjong Pagar Plaza) | 430m | |
| NTUC (100AM) | 490m | |
| Don Don Donki (100AM) | 490m | |
| Yue Hwa Building | 670m | |
| NTUC (Chinatown Point) | 690m | |
| Cold Storage (The Heart At Marina One) | 910m | |
| Jason Deli (Marina Bay Link Mall) | 980m | |
| Don Don Donki (The Central) | 1.03m | |
| Food Centre | Maxwell Food Centre | 130m |
| Food Centre (Amoy Street) | 210m | |
| Food Centre (Tanjong Pagar Plaza) | 310m | |
| Food Centre (Chinatown Complex) | 420m | |
| Koifu (100AM) | 490m | |
| Lau Pasat | 440m | |
| China Square Food Centre | 670m | |
| Eating House (Tanjong Pagar Complex) | 900m |
MRT Stations
Maxwell MRT (~161m)
Tanjong Pagar MRT (~371m)
Telok Ayer MRT (~561m)
Outram Park MRT Interchange (~591m)
Chinatown MRT Interchange (~611m)
Educational Institutions
Cantonment Pri Sch (~631m)
CHIJ Kellock (~1.91km)
River Valley Pri Sch (~1.94km)
Shopping Malls
Guoco Tower (~251m)
International Plaza (~361m)
Icon Village (~411m)
Chinatown Complex (~421m)
OUE Downtown Gallery (~471m)
100 AM (~501m)
People’s Park Complex (~621m)
Chinatown Square Central (~631m)
Yue Hwa Central (~671m)
Chinatown Point (~691m)
The Heart @ Marina One (~911m)
Marina Bay Link Mall (~911m)
The Arcade / Clifford Centre (~1km)
TMW Maxwell Site Plan
Why TMW Maxwell is a Good-Buy:
- √ Prime Location: TMW Maxwell’s new launch condo is located in a prime district 2 location that offers easy access to major amenities such as shopping centers, restaurants, schools, clinics, parks, and public transportation.
- √ High-Quality Construction: High-quality materials are used during the construction of the new condo building, making it sturdy, safe, and durable.
- √ Modern Design: Residents of the condominium can enjoy a stylish and contemporary living space thanks to the condo’s modern design, which incorporates the latest architectural trends.
- √ Spacious Units: Residents will enjoy spacious units designed for maximum comfort and living space.
- √ Great Views: This luxury condo offers stunning views of the surrounding cityscape, allowing residents to enjoy their living experience to the fullest.
- √ Condo Facilities: A complete living experience is offered to residents of this condominium, which features top-notch amenities like a swimming pool, fitness center, and clubhouse.
- √ High Rental Potential: The condo’s prime location and modern design make it an attractive option for tenants, allowing investors to earn a significant return on investment.
- √ Strong Developer Reputation: The TMW Maxwell developers have strong reputations and track records of delivering high-quality properties, giving buyers peace of mind.
- √ Value for Money: Although the new launch condo is constructed with high quality and has top-notch amenities, its prices are competitive, making it a good value for buyers.
SOME OF SINGAPORE CONDO LAUNCHES IN THE CORE CENTRAL REGION:
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- SkyWaters Residences (D2)
- Irwell Hill Residences (D9)
- Klimt Cairnhill (D9)
- The Avenir (D9)
- Canninghill Piers (D6)
TMW Maxwell Floor Plan & E-Brochure
For a better viewing experience, reduce pdf to 50%.
TMW Maxwell Price by Bedroom
| No. Of Bedrooms | Square Feet | Per Square Foot | Minimum Price | Maximum Price | Estimated No. Of Units | Available Units |
|---|---|---|---|---|---|---|
| 1 Bedroom + Study | 549 sqft - 570 sqft | $3,109 psf - $3,154 psf | $1,707,000 | $2,019,000 | 34 | 34 |
| 1 Bedroom Loft | 850 sqft - 883 sqft | TBA | $2,395,000 | $2,395,000 | 5 | 5 |
| 1 Bedroom Suite | 517 sqft | $3,149 psf - $3,240 psf | $1,620,000 | $1,932,000 | 34 | 33 |
| 2 Bedroom Dual-Key | 861 sqft - 872 sqft | $3,045 psf - $3,081 psf | $2,623,000 | $2,997,000 | 34 | 34 |
| 2 Bedroom Premium | 786 sqft | $3,127 psf - $3,177 psf | $2,404,000 | $2,690,000 | 16 | 15 |
| Flip / Switch | 474 sqft - 484 sqft | $3,127 psf - $3,295 psf | $1,482,000 | $1,749,000 | 201 | 198 |
Last Updated on: March 27th, 2024
TMW Maxwell Developer
Chip Eng Seng Corporation Ltd, SingHaiyi Group Ltd, and Chuan Investment Holdings Ltd are three of the prominent property developers in Singapore that are involved in the development of the upcoming new condominium, TMW Maxwell.
The acquisition of 20 Maxwell House was made through an alliance between Chip Eng Seng Corp, Sing Haiyi Group, and Chuan Investments. The joint venture was structured in a ratio of 40:30:30, with Chip Eng Seng Corp holding a 40% stake, SingHaiyi Group holding a 30% stake, and Chuan Investments holding the remaining 30% stake. This strategic collaboration allowed the three companies to pool their resources and expertise to successfully acquire the property. 20 Maxwell House is now under the ownership of this joint venture, marking a significant milestone in the real estate portfolios of Chip Eng Seng Corp, SingHaiyi Group, and Chuan Investments. It is redeveloped into TMW Maxwell, an hip and edgy name for the new generation.
The Chip Eng Seng Corporation Ltd (CES) is a reputable building and property development company with operations in Singapore, Australia, and Malaysia. A proven track record of quality projects has been established by CES since 1960. The Poiz Residences, the Grandeur Park Residences, and the Park Colonial are among the prestigious projects that CES has developed in Singapore. TMW Maxwell, which is located in the middle of the city, is also being developed by CES.
SingHaiyi Group Ltd is another prominent property developer that is involved in the development of TMW Maxwell. As a diversified real estate company, SingHaiyi develops, invests, and manages properties. Singapore, the U.S., and Australia are among the countries where the company owns residential, commercial, and retail properties. Among SingHaiyi’s Singapore development credits are The Vales, City Suites, and The Gazania. Providing quality developments in Singapore is the company’s commitment to SingHaiyi’s involvement in TMW Maxwell.
Chuan Investment Holdings Ltd is a Singapore-based investment holding company that is involved in the development, investment, and management of real estate. Chuan Investment has a portfolio of residential, commercial, and industrial properties in Singapore and China. The company has developed several residential projects in Singapore, such as Parc Clematis and Highline Residences. Chuan Investment’s involvement in the TMW Maxwell project highlights the company’s commitment to delivering quality developments that cater to the needs of modern urban living.
In summary, Chip Eng Seng Corporation Ltd, SingHaiyi Group Ltd, and Chuan Investment Holdings Ltd are three reputable property developers in Singapore that are involved in the development of the TMW Maxwell project. Involvement in the project demonstrates their commitment to delivering quality developments that meet urban living needs.
TMW Maxwell Gallery
TMW Maxwell - Nearby Projects
TMW Maxwell |
Corals at Keppel Bay 吉宝湾丽珊景 |
Marina View Residences |
SkyWaters Residences |
The Landmark 鼎瑞苑 |
The Reef At King’s Dock |
V On Shenton |
Wallich Residence 华利世家 |
|---|---|---|---|---|---|---|---|
Mixed Development |
Mixed Development |
Mixed Development |
Condominium |
||||
D2 - Chinatown / Tanjong Pagar |
D4 - Harbourfront / Telok Blangah / Sentosa |
D1 - Boat Quay / Marina Raffles Place |
D2 - Chinatown / Tanjong Pagar |
D3 - Alexandra / Commonwealth / Queenstown |
D4 - Harbourfront / Telok Blangah / Sentosa |
D1 - Boat Quay / Marina Raffles Place |
D2 - Chinatown / Tanjong Pagar |
31 Tras Street (former Maxwell House at 20 Maxwell Road site) |
1 Keppel Bay Drive Singapore with 11 Blocks at 1, 3, 5, 7, 9, 11, 13, 15, 17, 19, 31 |
Marina View |
1 Prince Edward Rd |
173 Chin Swee Road in Outram |
2, 6, 8, 10, 12, 14, 16, 18, 20, 22 Harbourfront Avenue |
5A Shenton Way |
3 Wallich Street Singapore 078882 |
|
99-year Leasehold wef 28 Apr 2023
|
99-year leasehold |
99-year Leasehold |
99 Years wef October 2023 |
99-year leasehold wef 2020 |
99 years |
99-year leasehold wef 29 Nov 2011 |
99-year leasehold wef 21.2.2011 |
| Jun 2028 | 2016 | 2027 | 2030 | 2026 | 2025 | 2017 | 2016 |
| 324 Residential Units + 2 Storeys of 11 Commercial Units comprising Retail & F&B Units | 366 Units | 683 Units | 215 Units | 396 Units | 429 Units | 526 Units | 181 Units |
| 319 Units | 4 Bedroom, 4 Bedroom Deluxe | 1 Bedroom + S, 2 Bedroom, 2 Bedroom + S, 3 Bedroom + S, 4 Bedroom, 5 Bedroom, Penthouse | TBA | 1 Bedroom, 2 Bedroom, 3 Bedroom | 3 Bedroom + Study, 3 Bedroom Villa | 3 Bedroom, Penthouse 4 Bedroom | 2 Bedroom, 3 Bedroom, 4 Bedroom |
| $1,482,000 | $7,200,000 | $1,445,300 | $2,861,200 | $3,597,750 | $3,758,000 | ||
| $3,045 | $2,698 | $2,694 | $2,659 | $2,050 | $3,149 | ||
| March 27th, 2024 | December 21st, 2023 | February 4th, 2024 | March 20th, 2024 | December 21st, 2023 | February 20th, 2024 | December 18th, 2023 | December 21st, 2023 |
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