TMW MAXWELL
TRAS STREET
RESALE CONDODistrict 02
Maxwell MRT · 2 min walk (182m)RCR99 yrs lease commencing from 2023
Total Units
80
2Y PSF Change
-100.0%
0 txns in 24m
Lease Remaining
96 yrs
99 yrs lease commencing from 2023
Median PSF
3,337
Total Sales
6
since 2023-08
Price Range
$1.5M–$2.5M
all-time
Unit Size
535 sqft
Floors 6–16
UrbanLens Analysis
TMW MAXWELL sits just 2 minutes from Maxwell MRT on Tras Street in D02 (Chinatown/Tanjong Pagar). This mid-sized 80-unit RCR project. The D02 neighbourhood ranges from ICON ($1,856) to NEWPORT RESIDENCES ($3,070) — the competitive set to watch.
With ~96 years on a fresh 99-year lease, financing is unconstrained — but this is fundamentally a one-generation asset with no perpetual value floor.
No rental history yet — yield will only become visible post-TOP. D02 averages 4.14% gross yield; nearby ICON achieves 4.69% as a benchmark. At just 80 units, boutique scale constrains future resale supply — scarcity can support pricing.
Key risks: negative price momentum.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| NEWPORT RESIDENCES | $3,070 | — | 0.0% |
| ONE BERNAM | $2,554 | 3.6% | +0.4% |
| ICON | $1,856 | 4.7% | +1.8% |
| SKYSUITES@ANSON | $2,267 | 4.5% | +1.5% |
| SPOTTISWOODE RESIDENCES | $2,310 | 3.2% | +4.7% |
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