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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: $1,621,000 (Aug 2023, 45 sqm, floors 06-10). Median $3,338/sqft. 96 years lease remaining.

Latest Sale
$1,621,000
Aug 2023 · 45 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
Top 5%
#1 / 20 Top 5%
Typical unit price
Top 40%
#8 / 20 Top 40%
Most recent sale
Top 45%
#9 / 20 Top 45%

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 06-10 New Sale 45 sqm $1,621,000 $3,347
Aug 2023 06-10 New Sale 73 sqm $2,470,000 $3,143
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
Showing 6 of 6 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Tmw Maxwell is inside the 1 km Primary 1 priority zone for 1 primary school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Tmw Maxwell, with their median resale psf. Useful for comparing what Tmw Maxwell costs per square foot against nearby developments.

More condos in District 02
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Tmw Maxwell

Tmw Maxwell is among the pricier projects in District 02 (Tanjong Pagar / Anson), with a median of $3,338 psf that runs above about 99% of developments there. It has a relatively light transaction record, with 6 sales between 2023-08 and 2023-08, ranging from $1,498,000 to $2,470,000. The most recent transaction was a 45 sqm unit (floors 06-10) at $1,621,000 in Aug 2023, and the median is $3,338 psf. On Bala's Table (the SLA leasehold valuation model), the 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 $1,621,000 for a 45 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.