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TMW Maxwell Singapore 2026 — Freehold in the Heart of Singapore’s CBD Fringe
TMW Maxwell at Club Street represents a rare proposition in Singapore’s property landscape: a freehold condominium in the core CBD fringe, walkable to Tanjong Pagar MRT, Maxwell Food Centre, and the vibrant Keong Saik dining and nightlife precinct. In an era of predominantly leasehold new launches, TMW Maxwell’s freehold status and location create a unique investment and lifestyle case.
TMW Maxwell — Project Overview
- Developer: Chip Eng Seng Corporation
- Location: Club Street / Maxwell Road, District 2 (Tanjong Pagar)
- Tenure: Freehold
- Total units: 324 residential units
- Indicative price: From approximately $2,800-$3,200 psf
- Nearest MRT: Tanjong Pagar MRT (NSL) — 5-minute walk; Maxwell MRT (TEL) — 3-minute walk
Why Freehold in Tanjong Pagar Matters
Freehold property in Singapore’s CBD fringe is exceptionally rare. Most new launches near the CBD are built on government land sale (GLS) sites, which are always 99-year leasehold. TMW Maxwell sits on freehold land — meaning the property ownership never expires. This creates several advantages:
- Perpetual ownership: No lease decay — ownership value does not diminish over time unlike 99-year leasehold
- En-bloc potential: Freehold sites have higher en-bloc redevelopment value as Singapore’s land constraints intensify
- Premium resale value: Freehold condos consistently command 10-20% premium over leasehold equivalents in the same area
- Foreign buyer appeal: High-net-worth foreign buyers (despite 60% ABSD) often specifically seek freehold CBD properties as wealth stores
Location — Club Street, Tanjong Pagar
Club Street and the Maxwell/Tanjong Pagar precinct is one of Singapore’s most characterful urban neighbourhoods:
- Maxwell Food Centre — legendary hawker centre with Tian Tian Hainanese Chicken Rice, 2-minute walk
- Keong Saik Road — award-winning restaurants, cocktail bars, boutique hotels
- Ann Siang Hill and Club Street — Singapore’s heritage shophouse dining strip
- Tanjong Pagar Plaza and Icon Village for daily essentials
- Dual MRT: Tanjong Pagar (NSL) and Maxwell (TEL) within walking distance
TMW Maxwell Unit Mix
- Studio: Approximately 377-431 sqft
- 1-Bedroom + Study: Approximately 474-560 sqft
- 2-Bedroom: Approximately 635-775 sqft
- 3-Bedroom: Approximately 969-1,130 sqft
Investment Analysis — TMW Maxwell
TMW Maxwell is primarily an investor-grade asset. The freehold tenure and CBD proximity create a durable long-term store of value. Rental demand from CBD professionals, particularly in finance, law, and tech, is strong and consistent.
Indicative gross rental yield: approximately 3.0-3.8% at current asking rents. Net yield is lower (2-2.5%) given high property tax (10% of annual value for non-owner-occupied CCR property) and maintenance costs. The investment thesis is primarily capital preservation + appreciation, not yield.
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Related CBD and New Launch Guides
- New Launch Condos Singapore 2026 — Full Listings
- Foreigner Buying Property Singapore — ABSD 60% Explained
- ABSD Singapore 2026 — Full Rate Table
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