TMW Maxwell (Former Maxwell House)

TMW Maxwell, located at 20 Maxwell Road, is a highly anticipated mixed development new launch in Tanjong Pagar by two multi awards winning developers, CEL Development and SingHaiyi, as well as Chuan Investments.

It was once known as Maxwell House, a 13-story business building with 145 strata units. The joint-venture partners purchased the site through collective sales in May 2021 for $276.8 million.

TMW Maxwell‘s land cost is roughly $1,603 per square foot per plot ratio with a plot ratio of at least 5.6 and a gross floor area of 234,000 sqft (psf ppr). As a mixed-use building, the commercial component accounts for up to 20% of total gross floor area, while the residential component includes 324 units ranging from one to four bedrooms.

CEL Development (CEL) is a property development and investment arm completely owned by Chip Eng Seng Corporation Ltd, a Singapore Exchange (SGX)-listed company since 1999.

CEL has established itself as one of the fastest rising names in Singapore, Australia, and Vietnam over the past decades, with competence in sectors such as property investment and development, as well as construction.

SingHaiyi Group was previously listed on the SGX but was privatized in January 2022. It is another company that has expanded rapidly in recent years and is well-diversified in areas such as property development, investment, and management services.

The group’s success is largely driven by their philosophy of “Building Excellent For Generations,” which emphasizes the importance of aiming to be a trustworthy brand and to expand in a sustainable manner.

The JV partners collectively have a track record that includes Parc Clematis, Kopar at Newton, The Lilium, The Gazania, Park Colonial, Parc Komo, High Park Residences and Grandeur Park Residences among many more.

The breakeven cost of this mixed development is roughly $2,500 psf, based on a land cost of $1,603 psf ppr. On average, TMW Maxwell pricing is expected to be $2,900 psf.

TMW Maxwell is located at 20 Maxwell Road, in District 2, in the Downtown Core Planning area of the Core Central Region (CCR). It is only about 200 meters from Maxwell MRT station (TE 18), which is part of the Thomson-East Coast Line (TEL) and will open in November 2022.

TMW Maxwell Condo is also less than 4 minutes stroll from Tanjong Pagar MRT train station (EW15) and 6 minutes from Telok Ayer MRT train station (DT 18). They are the East-West Line and the Downtown Line, respectively.

Future residents of TMW Maxwell will benefit from ease of commuting and increased accessibility to other parts of Singapore due to its close proximity to three separate MRT lines.

The CBD Incentive Scheme launched by the Urban Redevelopment Authority (URA) in 2019 allows developers to raise the gross floor space by greater than 25% with a plot ratio increase from 4.3 to 5.6 at the very least.

This concept is crucial in terms of revitalizing the Central Business District in the near future, as it will inspire more developers to remodel older buildings to make them more alive at night. This is consistent with the authority’s objective of transforming this district into a live, work, and play district.

TMW Maxwell Singapore is a foodie paradise with varieties of famous food stalls & F&B outlets that attracts plenty of followers throughout Singapore during the weekends, surrounded by a row of shophouses along Duxton Hill, Tras Street and Keong Saik Road that are known for entertainment and dining, as well as two famous food centres; Maxwell Food Centre and Amoy Street Food Centre.

TMW Maxwell Singapore is less than 5 minutes’ walk from NTUC FairPrice @ Tanjong Pagar Plaza and Cold Storage @ ICON Village, both of which cater to your grocery needs.

Cantonment Primary School is less than a kilometer away from this mixed-use complex, allowing parents to enroll their children in early childhood education.

Finally, major highways such as the Ayer Rajah Expressway (AYE), Marine Coastal Expressway (MCE) and Central Expressway (CTE) are all within 5 minutes’ driving of TMW Maxwell via several main arterial roads.

If you want to explore all of the neighboring amenities, you may use our TMW Maxwell Condo location map.

Due to site restrictions, our lovely TMW Maxwell showflat is not located on the real site.

Instead, it is located off-site and is only accessible by appointment.

Why is a showflat appointment required? Since the beginning of the epidemic, most Singapore developers have decided to remove all duty workers from showflats in order to curb the spread of viruses if any.

As a result, we no longer have somebody stationed at the showflat to entertain walk-ins. To be in accordance with the authority, all showflat viewing requests are based on appointment with one day notice in advance.

There are two alternatives for viewing the TMW Maxwell showroom. To begin, you can arrange an appointment by calling our appointment hotline at +65 6100 9963 between 10 a.m. and 6 p.m. weekdays.

Second, you can use this official portal to fill out our booking form online. You may easily select your favorite appointment day and time with a few clicks. Once submitted, a professional sales personnel will contact you within an hour to confirm the booking.

To avoid confusion, you should avoid arranging appointments through multiple sites.

We recognize that purchasing a fresh new development from the developer can be difficult and perplexing at times. This is owing to the many cooling measures deployed in Singapore throughout the years.

However, rest assured that with the assistance of our specialized designated sales representatives, you will be given the finest advice based on your present situation and provided with the best possible solutions.

Another advantage of buying from developers in Singapore is that there is NO COMMISSION due by the buyers, as opposed to resale homes where commission is payable to the agents.

Once the VVIP previews sales have concluded, our TMW Maxwell balance units chart will be updated on a regular basis. Because it is not in real time, all interested parties are requested to call our hotline at +65 6100 9963 to confirm the price of the item of interest.

For phone reservations, the maximum holding time is 2 hours, with all documentation supplied to the developer prior to your arrival. It should be emphasized, however, that this is subject to management permission and is only done on a case-by-case basis.