New Launch Condo - CEL starts previewing TMW Maxwell; units cost up to S$3,000 psf.
New Launch Condo - Lentor Hills Residences is on sale for 50% on launch weekend
New launch condo - TMW Maxwell FULL USE development will be available to preview on Saturday (July 29), for up to US$3,000 per square foot (psf).
The 99-year rental project is co-developed by CEL Development, the conglomerate holding Chip Eng Seng's real estate development business; Investment in SingHaiyi; and Hong-Kong listed Chuan Investments. It sits on the site of the former Maxwell House, a 13-story commercial building at 20 Maxwell Road.
New launch Condominium occupies 41,799.5 square feet, with a gross lot rate of 5.95. It was secured for a bid of S$276.8 million at a collective sale tender in May 2021, slightly above the starting price of S$268 million. This works out to a land rate of S$1,665 psf per lot rate.
New Launch Condo - CEL starts previewing TMW Maxwell
TMW Maxwell will be the first of four residential projects to be deployed in Singapore's central business district. Other upcoming launches in the region include City Development Ltd's Newport Residences, Perennial Holdings' Skywaters Residences and IOI Properties' Marina View Residences.
If you are interested in this new launch condo, discover more about projects details here!!!
New launch condo consists of 324 apartments in a single 20-story building, as well as a three-basement car park and four-storey commercial podium with shopping, dining and socializing options.
About 62% of the residential units, or 201 units, are “flipping/converting” studio units, ranging in size from 44 square meters (m2) to 45 square meters.
These rooms are designed and fitted with “flexible” furniture, such as moveable walk-in closets and queen Murphy beds with built-in sofas.
“Every permutation flips and transforms to facilitate a highly flexible and flexible living space,” said the property developers.
There are also 73 one-bedroom apartments, area from 48 m2 to 82 m2; and 50 2-bedroom apartments, area from 73 m2 to 81 m2.
The developers say the indicated price range for the majority of units is between S$1.5 million and S$2 million. Maintenance fees for studio and one-bedroom apartments are estimated at around S$400 per month. It's S$500 for two bedroom units.
Chip Group CEO Eng Seng Raymond Chia said: “Our goal with TMW Maxwell is to create a space where the possibilities are limitless and we are delighted to see it come to life.
TMW Maxwell will book sales from August 12, and is expected to send notice of vacancy by June 2028.
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