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Tmw Maxwell

Apartment · District 02 (Tanjong Pagar / Anson) · Rest of Central Region · 99-year lease (96 yrs left) · Updated Aug 2023

Tmw Maxwell is a 99-year lease (96 yrs left) apartment development in District 02 (Tanjong Pagar / Anson). It has 6 recorded private transactions. Latest sale: $1,932,000 (Aug 2023, 48 sqm, floors 16-20). Median $3,338/sqft. 96 years lease remaining.

Latest Sale
$1,932,000
Aug 2023 · 48 sqm
Median Price
$3,338/sqft
$1,608,500 typical unit
Transactions
6
$3,143–$3,739 psf
Price Trend
Too few periods

Where Tmw Maxwell ranks in District 02

All 20 projects ›
Median psf
#1 / 20
Typical unit price
#8 / 20
Most recent sale
#7 / 20

Estimate a unit at Tmw Maxwell

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +3%/yr
Lease decay −0.13%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

96 yrs
Remaining lease
0.13%
Annual decay (Bala's Table)
2023
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.13% a year.

Price by floor

Floor bandMedian psfTransactions
06-10 $3,328 5
16-20 $3,739 1

Recent transactions

DateFloorType AreaPricepsf
Aug 2023 16-20 New Sale 48 sqm $1,932,000 $3,739
Aug 2023 06-10 New Sale 44 sqm $1,596,000 $3,370
Aug 2023 06-10 New Sale 44 sqm $1,576,000 $3,328
Aug 2023 06-10 New Sale 44 sqm $1,498,000 $3,163
Aug 2023 06-10 New Sale 45 sqm $1,621,000 $3,347
Aug 2023 06-10 New Sale 73 sqm $2,470,000 $3,143
Showing 6 of 6 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About Tmw Maxwell

Tmw Maxwell is a 99-year leasehold development with its lease commencing in 2023 and about 96 years remaining in District 02 (Tanjong Pagar / Anson), within the Rest of Central Region of Singapore. It has a thinner transaction history, with 6 recorded apartment transactions between 2023-08 and 2023-08, ranging from $1,498,000 to $2,470,000. The most recent transaction was a 48 sqm unit (floors 16-20) sold for $1,932,000 in 2023-08, and the median price is $3,338 per square foot. Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 96 years remaining is 0.9632, an annual lease decay of about 0.13%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Tmw Maxwell cost?

The most recent transaction at Tmw Maxwell was $1,932,000 for a 48 sqm unit in 2023-08. The median price is $3,338 per square foot across 6 transactions, ranging from $1,498,000 to $2,470,000. Data sourced from URA.

Is Tmw Maxwell freehold or leasehold?

Tmw Maxwell is on a 99-year lease commencing in 2023, with approximately 96 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.13%.

What is the price per square foot (psf) at Tmw Maxwell?

The median price at Tmw Maxwell is $3,338 psf, with transactions ranging from $3,143 to $3,739 psf. This is based on 6 URA-recorded transactions in District 02.