Name of condo(Condominium):TMW Maxwell

Name of condo(Condominium):TMW Maxwell

Nestled in the sought-after Maxwell-Tanjong Pagar enclave, TMW Maxwell is a newly launched 99-year condo featuring 324 residential units, set to replace the former Maxwell House in the Central Business District (CBD). Developed by Maxwell Commercial Pte Ltd/ Maxwell Residential Pte Ltd (JV between Chip Eng Seng Corp, SingHaiyi Investments, and Chuan Investments), this medium-sized mixed-use project seamlessly combines residential and commercial spaces.

Situated at 31 Trass street, TMW Maxwell occupies a gross plot ratio of 4.3, spanning 41,799 sq ft (3,883.3 sqm), with a potential gross floor area (GFA) of 21,746 square meters. With 20% of the GFA allocated for commercial spaces, it presents a well-rounded development approach.

Strategically designed, TMW Maxwell emphasizes on-site amenities and greenery, offering an ideal blend of luxury living and a connection to nature. While the confirmed list of facilities is pending, prospective buyers can anticipate a fitness center, swimming pool, community room, and a landscaped garden, providing a serene green space for residents.

Located at 31 Trass Street in District 2 of Singapore, TMW Maxwell enjoys the coveted status of being in one of the most central and accessible residential locations. District 2 boasts excellent connectivity to amenities, F&B options, key expressways, and public transportation networks, enhancing the overall appeal of TMW Maxwell.

Positioned amidst a plethora of amenities, TMW Maxwell ensures residents easy access to essential services within walking distance, contributing to its strategic and convenient location.

Development Highlights:

Prime Location: TMW Maxwell’s central position in the CBD ensures unparalleled convenience and accessibility to key amenities.

Freehold Luxury: Indulge in the opulence of freehold living, experiencing a timeless sense of luxury at TMW Maxwell.

Architectural Elegance: TMW Maxwell stands as a 20-storey architectural masterpiece, showcasing elegance in its design and structure.

Abundant Connectivity: Enjoy extensive connectivity with Maxwell MRT just a 2-minute walk away and 6 nearby MRT stations.

Neighborhood Harmony: TMW Maxwell promotes harmonious living within the vibrant and bustling city neighborhood of the CBD.

Convenient Amenities: Experience the ease of daily life with Maxwell Food Centre, restaurants, and bars within reach.

Health and Wellness Hub: TMW Maxwell offers a hub for health and wellness, providing a range of amenities for residents.

Financial Convenience: Experience financial convenience with TMW Maxwell’s strategic location near the CBD and major business nodes.

Mixed Development in the heart of the city: TMW Maxwell offers a mixed development, providing a dynamic living experience in the city center.

Surrounded by Amenities: Maxwell Food Centre, world-class restaurants, and trendy bars surround TMW Maxwell, offering diverse amenities.

Excellent Accessibility to CBD: TMW Maxwell’s proximity to the CBD ensures excellent accessibility to major business hubs and nodes.

TMW Maxwell Fact Sheet

TMW Maxwell is a 99 Years development located at 31 Tras Street in D02 – Chinatown / Tanjong Pagar of Singapore. The development is brought to you by Maxwell Residential Pte Ltd and Maxwell Commercial Pte Ltd. TMW Maxwell comprises a total of 324 units. TMW Maxwell is targeted to be completed in 29/06/2028

Project Name:TMW Maxwell

Developer: Maxwell Residential Pte Ltd and Maxwell Commercial Pte Ltd

Address: 31 Tras Street

District: D02 – Chinatown / Tanjong Pagar

Tenure: 99 Years

No. Of Units: 324

Expected Date Of TOP: 29/06/2028

Unit Distribution

Type – Area(Sqft/Sqm) (low) – Area(Sqft/Sqm) (high) – Units

1 Bedroom + Study – 549 – 570 – 34

1 Bedroom Loft – 850 – 883 – 5

1 Bedroom Suite – 517 – 517 – 34

2 Bedroom Dual-Key – 861 – 872 – 34

2 Bedroom Premium – 786 – 786 – 16

Flip / Switch – 474 – 484 – 201

TMW Maxwell Floor plan

Total Area:41,799 square feet

Bedrooms: 2 Bedroom

Type of Kitchen: Open 

Flooring Material: TBA

Balcony Presence: Yes

Orientation: West-east facing

Level/Floor: 20 floor

View Type: City view

Ceiling Height: 2.9m

Energy Efficiency Rating: TBA

Window Type: floor-to-ceiling windows

Heating and Cooling System: Smart Air Conditioning

Parking Availability: Basement

Storage Solutions: Walk-in wardrobes

Security Features: CCTV, Guarded entrance

Accessibility Features: Private lift

Furnishing Status: Partially Furnished

Smart Home Features:IP camera, digital Lockset

Outdoor Space: Festival Lawn, Sky Deck

TMW Maxwell Review

Our Assessment

It’s a worthwhile investment 82%

Unit Efficiency: 4.5/5

Unit Size: 4/5

Quality of Fittings: 3.5/5

Design: 4.5/5

Variety of Facilities: 3/5

Quality of Facilities: 4/5

Surrounding Amenities: 4.5/5

Developer: 4.5/5

Transport Links: 4.5/5

Driving Accessibility: 3.5/5

Price Point: 4/5

The Good

Unique themed facilities for residents.

Serene environment with refreshing amenities.

Al-fresco facilities for family enjoyment.

Located in the future Jurong Lake District.

Well-appointed interiors and top-notch fittings.

Stylish appliances and quality sanitary wares.

The Bad

Potential high cost of luxurious living.

Limited information on specific amenities.

Uncertainty about ongoing and future developments.

Reliance on the success of the Jurong Lake District.

Possible crowded al-fresco facilities.

Lack of detailed information on property.

Multi-Hyphenate Lifestyle

TMW Maxwell caters to multi-hyphenates, individuals with diverse skills and professions.

Targeting those who are unique, hyper-connected, and non-conformist, TMW Maxwell aims to be a hub for this dynamic group.

Architectural Transformation:

Formerly Maxwell House, TMW Maxwell undergoes a remarkable architectural transformation.

From a dreary building, it emerges as a modern, biophilic spectacle, standing out amidst historic shophouses and towering structures like Guoco Tower in Tanjong Pagar.

Distinctive Facade:

The vertical gardens, though not a new concept, take on a unique form with staggered designs, creating a facade that sets TMW Maxwell apart.

The redevelopment emphasizes community spaces, with the main entrance shifted to Tras Street, creating a vibrant pedestrian street with shops extending to Tras Street.

Change of Address and District:

TMW Maxwell undergoes a change of address from 20 Maxwell Road to 31 Tras Street.

The shift from District 1 to District 2 is accompanied by practical convenience, maintaining proximity to Maxwell MRT (3 minutes on foot) and Maxwell Food Centre.

Conscious Design for Urban Living:

Understanding the needs of modern urbanites, TMW Maxwell reflects this in its unit provisions, especially in its Flip/Switch layouts, and the thoughtfully designed facilities.

The development caters to the evolving lifestyle preferences of its residents.

Personalized Living Spaces:

TMW Maxwell impresses with its commitment to offering personalized living spaces that align with the dynamic lifestyles of its residents.

The Flip/Switch layouts showcase a forward-thinking approach, providing adaptability and functionality in residential design.

Strategic Location:

Strategically situated with Maxwell MRT at a 3-minute walk and Maxwell Food Centre just across the road, TMW Maxwell ensures convenience despite the change in address.

Decade of Drastic Changes:

TMW Maxwell stands as a testament to the drastic changes shaping the urban landscape, transitioning from its former identity to a contemporary, nature-inspired haven.

Distinctive Show Flat Experience:

TMW Maxwell’s show flat, located near Guoco Tower, provides a unique and minimalistic atmosphere reminiscent of an Apple store.

The bite-sized replica of tiered gardens adds an extra dimension, leaving a lasting and trendy first impression.

Targeting the Trendy Buyer:

Departing from traditional show flat norms, TMW Maxwell targets buyers with a clear sense of identity and preferences.

No conventional site plans or URA Masterplan; instead, more than 10 LCD screens provide real-time information, creating a trendy and modern ambiance.

All-Star Design Team:

TMW Maxwell assembles an impressive team, with Formwerkz as the architect, Compound Collaborative as landscape architects, and FARM leading the creative branding and interior design efforts.

The collaboration aims to establish TMW Maxwell as a distinctive development, highlighted by its unique identity.

Green Oasis Amidst Urban Landscape:

The overall design stands out with lush greenery and a stacked gardens facade, setting TMW Maxwell apart from its surroundings.

The vertical gardens create a unique and visually striking feature, akin to the concept of a “hotel-in-a-garden.”

Pedestrian-Friendly Transformation:

Former vehicular entrance at Maxwell Road transforms into a pedestrian walkway linking directly to Tras Street, fostering interaction between streets.

TMW Maxwell signage is prominently displayed, contributing to the development’s unmistakable presence.

Vibrant Commercial Units:

The design of commercial units exudes vibrancy, managed by the developer with experiences from projects like Parc Komo.

Eleven commercial units include 8 restaurants and 3 retail shops, adding to the dynamic street-level atmosphere.

Residential and Commercial Integration:

A single 20-storey block houses 324 residential units and 11 commercial units, fostering a seamless integration of living and commercial spaces.

Residential units commence from the 4th floor, providing a buffer from neighboring shophouses.

Strategic Location and Accessibility:

Vehicular entrance shifts to Tras Street, ensuring convenience despite potential congestion.

Proximity to Maxwell and Tanjong Pagar MRTs (2 minutes away) and ample parking (184 lots) cater to diverse transportation needs.

Innovative Facilities on the 4th Storey:

The 4th storey hosts the largest communal space, featuring the Courtyard Lounge, Fitness Courtyard, and Farm-to-Fork Garden.

Residents can enjoy a private corner with residential units facing West, enhancing the appeal of the limited land plot.

Fun-Filled Living Spaces on Upper Floors:

The 9-10th storey introduces communal spaces like the Living Room, a communal extension of home, and the Breakout Pod for private gatherings.

The 11th storey houses the Executive Lounge, offering maximum privacy for exclusive gatherings.

Neighborhood and Accessibility: 

Nearest MRT Stations: Maxwell MRT 2 minute walk along Thomson East Coast line.

Public Transport: there are 52 bicycle lots, so residents can cycle to Lakeside station before hopping on the train.

Schools: At least 7 primary schools in the vicinity. Lakeside Primary is within 1km of the development, while Outram Secondary School,  Cantonment Primary School, Chatsworth International School (Orchard), and Singapore Management University (SMU)

Malls / Amenities: Chinatown Point is 10 min walk away, ION Orchard/ Takashimaya/ Paragon Shopping Centre [13 min drive away]

Private Transport: Convenient access to major destinations including the CBD, Orchard Road, Suntec City, and Changi Airport within reasonable drive times

Developer Review

Chip Eng Seng Group, a distinguished multinational corporation, excels in construction, civil infrastructure, precast technology, environmental solutions, property development and investment, hospitality, and education. Renowned for an impressive private property portfolio, Chip Eng Seng has delivered luxury condos such as Kopar At Newton, Grandeur Park Residences, and others.

SingHaiyi, another versatile condo developer, is recognized for meticulously-designed and award-winning condo developments like Grand Dunman, Parc Clematis, The Gazania, The Vales, among others.

Appreciation Analysis

Prime Location: LakeGarden Residences’ strategic position in Jurong Lake District, slated to be Singapore’s second CBD, enhances its long-term value.

Employment Hub: Proximity to Jurong Innovation District and upcoming Jurong Region Line boosts job opportunities, attracting residents.

Transformative Development: Jurong’s ongoing transformation, including plans for integrated tourism attractions, appeals to younger buyers seeking vibrant locales.

Limited Enbloc Supply: As the first enbloc redevelopment in Jurong Lake, LakeGarden Residences enjoys an advantageous position, with potential for higher appreciation compared to future launches.

TMW Maxwell Developer

Chuan Investments 

Chuan Holdings Limited is an investment holding company. The Company is engaged in provision of earthworks and related services and general construction in Singapore. The Company’s segments include Earthworks and General Construction Works. The Earthworks segment is engaged in the provision of earthworks and related services, which include excavation, earth disposal, demolition and various ancillary services. 

The General Construction Works segment is engaged in the provision of general construction works, which include construction of new buildings, alteration and addition works. Its earthworks services also include land clearing, rock breaking, mass excavation, deep basement excavation, earth filling and shore protection, among others. The Company offers consultancy and construction services covering projects of various sizes ranging from project development to minor alteration, addition and repairing works for existing buildings.

Name of the Developer: Chuan Holdings Limited

Years of Experience: Founded in 2021

Number of Completed Projects: NA

Types of Projects Undertaken: Residential developments, commercial properties, hospitality, real estate, investment and management

Average Project Size: Varies based on project type and scope

Geographic Area of Operations: Singapore, Australia and the Philippines

Financial Stability Rating: N/A

Environmental Compliance Rating: N/A

Customer Satisfaction Score: NA

Average Construction Time: Varies based on project complexity and scale

Warranty Period Offered: 12 months

Safety Record: NA

Technological Innovation Level: TBA

Collaboration with Architects: N/A

Legal Compliance Record: NA

Awards and Recognition: N/A

Quality Assurance Certifications: CONQUAS STAR

Responsiveness to Client Needs: Commitment to delivering innovative urban space solutions

Post-Completion Services:TBA

Community Involvement: TBA

Chip Eng Seng Corporation Ltd, holding a 40% interest in TMW Maxwell, is a global conglomerate with a diverse business portfolio and a rich historical background. Originating in the 1960s as a subcontractor for traditional and landed properties, the company quickly gained recognition for its commitment to quality and punctual project delivery, establishing itself as a trustworthy contractor. In 1982, Chip Eng Seng Corporation Ltd was selected as the principal contractor for its inaugural Housing & Development Board (HDB) project, further consolidating its position in the industry. Over the years, the company expanded its scope to include private condominium projects and embraced precast technology, demonstrating adaptability and innovation. Notable recent developments from Chip Eng Seng Corporation Ltd include Kopar At Newton, Park Colonial, and Parc Komo.

Name of the Developer: Chip Eng Seng

Years of Experience: 1960

Number of Completed Projects: NA

Types of Projects Undertaken: construction, civil infrastructure, precast technology, real estate development and investment, hotel, and education

Average Project Size: Varies based on project type and scope

Geographic Area of Operations: Singapore, Malaysia, Indonesia, Vietnam, China, Taiwan, Australia, New Zealand, Bangladesh, the Maldives, Saudi Arabia and Africa

Financial Stability Rating: A+

Environmental Compliance Rating: Green Mark platinum award

Customer Satisfaction Score: NA

Average Construction Time: Varies based on project complexity and scale

Warranty Period Offered: 12 months

Safety Record: has won various awards in workplace safety

Technological Innovation Level: TBA

Collaboration with Architects: N/A

Legal Compliance Record: NA

Awards and Recognition: HDB Construction Award 

Quality Assurance Certifications: CONQUAS STAR

Responsiveness to Client Needs: Commitment to delivering innovative urban space solutions

Post-Completion Services: TBA

Community Involvement: TBA

SingHaiyi

SingHaiyi Group Ltd, a diversified enterprise, is swiftly growing its presence in property management, investment, and development sectors. Through the identification of distinctive investment prospects, the company has built an impressive reputation in residential property development, extending its reach beyond Singapore to various Asian nations and the US.

Benefiting from extensive experience in real estate, the Group has honed its strategy of diversification to provide consistent income streams while enhancing shareholder value. Rooted in principles of integrity and operational excellence, the company’s team is committed to forging a dependable and reputable brand.

Name of the Developer: SingHaiyi

Years of Experience: 2017

Number of Completed Projects: NA

Types of Projects Undertaken: Residential, Commercial, Retail

Average Project Size: Varies based on project type and scope

Geographic Area of Operations: Singapore USA Malaysia Potentially other regions in future

Financial Stability Rating: N/A

Environmental Compliance Rating: Green Mark platinum award

Customer Satisfaction Score: NA

Average Construction Time: Varies based on project complexity and scale

Warranty Period Offered: 12 months

Safety Record: NA

Technological Innovation Level: TBA

Collaboration with Architects: N/A

Legal Compliance Record: NA

Awards and Recognition: N/A

Quality Assurance Certifications: CONQUAS STAR

Responsiveness to Client Needs: Commitment to delivering innovative urban space solutions

Post-Completion Services:TBA

Community Involvement: TBA

TMW maxwell Pricing

Base Price: $1,400,000 – S$2,643,000

Price per Square Foot:S$ 2,868 – S$ 3,270

Location-Based Price Variation:TBA

Pricing Tiers: Flip/Switch (Studio): $1.482M – $1.581M, 1 Bedroom: $1.62M – $1.675M, 1 Bedroom + Study: $1.707M – $1.798M, 1 Bedroom Loft: $2.309M, 2 Bedroom Premium: $2.404M – $2.434M, 2 Bedroom Dual-Key: $2.623M – $2.685M

Discounts and Offers: contacted

Payment Plan Options

Upon Issue of Option to Purchase (OTP): 5% of the purchase price.

Upon signing Agreement / Within 8 weeks immediately after the date of Option: 20% (less the 5% booking fee).

Upon Completion of Foundation Work: 10%.

Upon Completion of Reinforced Concrete Framework: 10%.

Upon Completion of Partition Walls: 5%.

Upon Completion of Roofing: 5%.

Upon Completion of Door sub-frames / door frames, window frames, electrical wiring (without fittings), internal plastering, and plumbing: 5%.

Upon Completion Car park, roads, and drains serving the housing project: 5%.

Upon Completion Building, roads, and drainage and sewerage works in the housing estate, connection of water, electricity, and gas supplies (Temporary Occupation Permit stage): 25%.

Final Payment Date and/or Completion: 15%.

Price Increase Rate: TBA

Resale Price: TBA

Rental Yield: TBA

Historical Price Trends: S$ 2,196- S$ 2,730

Price Comparisons with Similar Units: One Bernam (District 2): Currently at an average psf price of S$2,651.Newport Tower (District 2): Latest average psf price of TBA

Financing Options Impact: TBA

Maintenance Fee Inclusion: Paid on monthly basis

Deposit Required: 20% : 5% paid in cash and 2% paid in cash or CPF

Government Subsidies Impact: TBA

Market Demand Influence:  2,197 – S$ 2,873 psf / S$ 2,488 psf

Developer Reputation Impact: TBA

Project Completion Stage Impact: TBA

Furnishing and Interior Design Cost: TBA

Tax and Legal Fees: TBA

TMW maxwell Site Plan

Total Land Area: 41,801 sq ft

Number of Residential Units: 324

Building Height: 20 storey

Unit Size Range: 474 to 861 square feet.

Types of Units Available: Flip/Switch (Studio), 1 Bedroom, 1 Bedroom + Study, 1 Bedroom Loft, 2 Bedroom Premium, 2 Bedroom Dual-Key with sizes ranging from 474 sqft to 861 sqf

Parking Lot Availability: 184 carpark lots and 4 handicap lots

Density of Development: TBA

Landscape Design: TBA

Common Area Size:TBA

Playground Size and Features: Kids playground

Pool Size and Type:Infinity swimming pool,  Gym Facilities, 100 sqm, equipped with modern machines

Function Room availability: yes

Security Features: Gated with 24/7 security, CCTV surveillance, 

Accessibility for Disabled: N/A

Green Building Features: water conservation systems, and green landscaping

Pet-Friendly Areas: yes

Proximity to Nearest Public Transport: A 2-minute walk to Maxwell MRT station, 4-minute walk to Tanjong Pagar MRT station, and 6-minute walk to Telok Ayer MRT station

Emergency Evacuation PlanTBA

Ratio of Built-up to Green Space: TBA

TMW Maxwell Project Details

Project Name  : TMW Maxwell

Property Type: Private Condominium

Developer: Maxwell Residential Pte Ltd and Maxwell Commercial Pte Ltd

Address: 31 Tras Street, Singapore 079934

District: D02 Chinatown / Tanjong Pagar

Tenure:99 Years

No. Of Residential Units: 324 Residential Units, 11 Commercial Units (1 Strata Lot)

No. of Carpark Lots: 184 + 4 Accessible Lots

Expected TOP:30-Jun-28

Available Bedroom Type: Flip/Switch (Studio) / 1 Bedroom / 1 Bedroom +Study / 1 Bedroom Loft / 2 Bedroom Premium / 2 Bedroom Dual Key

TMW Maxwell Amenities

Swimming Pool: Infinity Sky Lap Pool 

Gymnasium: Sky Gym, Fitness Courtyard

Security Features: Guard house, digital lockset, SMART HOME HUB, IP CAMERA

Parking Facilities: basement car park

Garden and Landscaping: Courtyard Garden, Farm-to Fork Garden

Children’s Play Area: play area

BBQ Pits: Barbeque pits

Function Rooms: Yes

Sports Facilities: Basketball Court, Tennis court

Spa and Wellness Center: Spa pool , sauna, jacuzzi,

Pet-Friendly Features: Pet-friendly setups

Concierge Services: attentive concierge service 

Connectivity (Wi-Fi): Wifi, hotspot

Eco-Friendly Features: water conservation systems, and green landscaping

Retail Outlets: Grocery store, retail shopping

Recreational Clubs: TMW Study, TMW Social Club

Maintenance Services: Housekeeping services

Shuttle Services: NA

Community Engagement Events: TBA

Location

City/Area: Tanjong Pagar

Neighborhood: Outram

Proximity to City Center: TBA

Public Transportation Access: 2 Min walk to Maxwell MRT 

Nearby Schools: Cantonment Primary School [4 min drive away],  CHIJ (Kellock) [5 min drive away], Outram Secondary School [6 min drive away], Singapore Management University (SMU)

Local Crime Rate: TBA

Proximity to Commercial Areas: Clementi Town Centre, Clementi Mall

Nearby Parks and Recreation: Telok Ayer Park [3 min walk away], Duxton Plain Park [7 min walk away], Pearl’s Hill City Park [15 min walk away], Gardens by the Bay [6 min drive away], Marina Barrage [8 min drive away]

Air Quality Index: TBA

Noise Pollution Level: TBA

Proximity to Hospitals: National Heart Centre Singapore, and Outram Community Hospital a short 10 min drive away.

View from the Property: city skyline.

Road Connectivity: Gardens by the Bay [8 min drive away via MCE],Marina Barrage [8 min drive away via MCE], East Coast Park [12 min drive away via MCE and East Coast Parkway (ECP)], Orchard Road [12 min drive away via CTE], Changi Airport [18 min drive away via MCE and ECP]

Local Property Market Trends: TBA

Climate and Weather Patterns: Tropical climate

Cultural Amenities: Lau Pa Sat, Buddha Tooth Relic Temple, and ArtScience Museum

Dining and Shopping Options: Torasho Ramen & Charcoal Bar [2 min walk away], Five Oars Coffee & Roasters Heritage [2 min walk away], Gangnam BBQ [4 min walk away], Bearded Bella [6 min walk away], Amuse Dessert, Co [6 min walk away], 100 AM [9 min walk away], Chinatown Point [10 min walk away], Suntec City/ Marina Square [8 min drive away], VivoCity/ Harbourfront Centre [8 min drive away], Plaza Singapura [9 min drive away], 313 Somerset/ Orchard Central [10 min drive away], ION Orchard/ Takashimaya/ Paragon Shopping Centre [13 min drive away]

Property Tax Rates:TBA

Historical Significance:TBA

Environmental Regulations:TBA

Districts

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