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Maxwell House

📍 20 MAXWELL ROAD
🗺️ D01 — Raffles Place, Marina, Cecil
🏢 MCST 0822Office · Retail✓ Management Directory

About Maxwell House

Maxwell House was a 13-storey commercial building at 20 Maxwell Road, Singapore 069113, in postal District 1, on the edge of Chinatown and Tanjong Pagar. Property reports date it to around 1971. It had shops and showrooms on the first two floors and offices on levels 3 to 13. The building was strata-titled with 145 units, including the car park, on a 99-year leasehold site of about 3,883 sq m.

Maxwell House was sold en bloc in May 2021 and is being redeveloped. The replacement is TMW Maxwell, a 20-storey mixed-use project with 324 apartments above a three-storey commercial podium. It was designed by Formwerkz Architects and uses the address 31 Tras Street. The developers expect it to be ready by mid-2028. Contact details on this page relate to the original building and may change.

Interesting facts

  • The collective sale fetched $276.8 million. The buyers were a joint venture of CEL Development (Chip Eng Seng), SingHaiyi Investments and Chuan Investments.

  • A first tender in September 2020 at a $295 million reserve price drew no buyer. The reserve was cut to $268 million for the second tender in April 2021.

  • Cushman & Wakefield, which brokered the deal, described it as the first fully commercial collective sale of 2021 and the largest by value at that point in the year.

  • The redevelopment draws on URA's CBD Incentive Scheme, which allows a higher plot ratio when ageing offices are rebuilt with housing. The plot ratio rose from 4.3 to 5.6 under URA's outline advice.

Nearby

Maxwell MRT (Thomson-East Coast Line) is about 3 minutes on foot and Tanjong Pagar MRT (East-West Line) about 5 minutes. Chinatown MRT is around 8 minutes away. Maxwell Food Centre and Amoy Street Food Centre are both within a few minutes' walk. Neighbours include the URA Centre, Maxwell Chambers, the Singapore City Gallery and the conserved shophouses of Tras Street and Tanjong Pagar Road. Buddha Tooth Relic Temple and Ann Siang Hill Park are close by.

Key facts

  • Address: 20 Maxwell Road, Singapore 069113

  • District: 1

  • Property type: Strata office and retail (original building); now a mixed-use redevelopment site

  • Completed: around 1971 (original building)

  • Tenure: 99-year leasehold

  • Storeys: 13 (original building)

  • Units: 145 strata units (original building)

  • Nearest MRT: Maxwell (TE18), Tanjong Pagar (EW15)

  • MCST: 0822