Tmw Maxwell

D2 (CCR) 99 yrs lease commencing from 2023

Tmw Maxwell is a 99-year leasehold condominium in District 2 (Anson, Tanjong Pagar), within Singapore's Rest of Central Region (RCR). The development was completed in 2023 and comprises 324 units, on a lease that commenced in 2023. This page tracks recorded sale prices, rental contracts and yield trends from URA data.

District 2 · 99 yrs lease commencing from 2023 · Completed 2023
Avg PSF (12-month)
324Total units
Category Ratings
Facilities
7.0
Unit size & layout
7.5
Value for money
6.5
Neighbourhood
8.0
MRT accessibility
10.0
Lease remaining
8.5

Overview & Key Facts

TMW MAXWELL is a 99 yrs lease commencing from 2023 condominium at TRAS STREET in District 2 (RCR), developed by Maxwell Commercial Pte Ltd/Maxwell Residential Pte Ltd, comprising 324 units, completed in 2023.

Developer
Maxwell Commercial Pte Ltd/Maxwell Residential Pte Ltd
Tenure
99 yrs lease commencing from 2023
Total units
324
TOP year
2023
District
2 — RCR
Street
TRAS STREET
Lease remaining
~96 years (of 99)

Location & Connectivity

TMW MAXWELL is approximately 110m from Maxwell MRT station, with 19 stations within 1.5 km.

MRT stations near TMW MAXWELL
StationLineDistance
MaxwellThomson-East Coast Line110m
Tanjong PagarEast-West Line360m
Shenton WayThomson-East Coast Line440m
Telok AyerDowntown Line570m
Outram ParkEast-West Line620m
Outram ParkNorth-East Line620m

Schools & Education

3 schools within 2 km.

Schools near TMW MAXWELL
SchoolTypeDistance
Outram Secondary SchoolSecondary1.1 km
Cantonment Primary SchoolPrimary1.2 km
Fairfield Methodist School (Primary)Primary1.7 km

Unit Mix & Pricing

Unit mix for TMW MAXWELL
TypeSalesAvg PSFAvg Price
Studio4$3,302 psf$1,572,750
1 BR1$3,739 psf$1,932,000
2 BR1$3,143 psf$2,470,000

Market Position

TMW MAXWELL has recorded 6 sales at an average price of $1,782,167.

TMW MAXWELL sits at the 87th percentile of District 2 condo PSF.
Avg PSF (12mo)
$1,782,167
Avg Price
6
Total Sales

Neighbourhood Comparison

District 2 competitors
CondoTenureAvg PSFSales
ONE BERNAM99 yrs lease commencing from 2019$2,588 psf358
NEWPORT RESIDENCESFreehold$3,130 psf199
ICON99 yrs lease commencing from 2002$1,792 psf147
SKYSUITES@ANSON99 yrs lease commencing from 2008$2,232 psf100
SKYSUITES@ANSON$2,237 psf99

Lease Analysis

With 96 years remaining on its 99-year lease, TMW MAXWELL still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.

Who This Actually Suits

The profile fits young couples (no kids), mrt-walkable commuters, cbd walking distance and long-term hold (10+ yr) best. The unit profile suits DINK couples valuing CBD/MRT access over square footage.

For yield-focused investors, it can work — but weigh the trade-offs before committing.

families with young children should probably look elsewhere. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

TMW MAXWELL is a 99 yrs lease commencing from 2023 development in District 2 (RCR), with 324 units.

Explore the full TMW MAXWELL dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing TMW MAXWELL against staying public? These HDB towns sit within walking or short-drive distance:

  • Central Area — 4-room average $1,088,814 (260m away), an upgrader gap of about $700,000
  • Bukit Merah — 4-room average $894,787 (530m away), an upgrader gap of about $900,000

FAQ

What is the average PSF for TMW MAXWELL?
PSF data is not yet available.
Is TMW MAXWELL freehold?
TMW MAXWELL has a 99 yrs lease commencing from 2023 tenure with ~96 years remaining.
What is the rental yield for TMW MAXWELL?
Insufficient rental data.
Which MRT is nearest to TMW MAXWELL?
The nearest is Maxwell MRT at 110m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 6 transactions
  • Rental data: 0 leases
  • Source: URA

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of August 2023

Latest recorded data point: Aug 2023 · 6 records analysed · Source: URA private-sale caveats