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Condo prices · D02

Tmw Maxwell

Tras Street · D02 · Rest of central region · Apartment

The median sale at Tmw Maxwell was $1,596,000 — $3,328 psf — across seven transactions between Aug 2023 and Aug 2026. 99-year lease from 2023.

Figures here are based on just seven sales, which is too few to call a market rate.

Median price
$1,596,000
seven sales in the window.
Median per sq ft
$3,328 psf
Median unit 474 sq ft.
Lease remaining
96 years
99-year lease from 2023

Tmw Maxwell saw one sale in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.

What it costs per month of lease

A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.

Price per month of lease
$1,385
$1,596,000 over 96 years remaining.
Per sq ft per year
$35.10
What a square foot of this development costs for one year of lease.
Lease expires
2122
3 per cent of the lease already run.

This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.

Year by year

Too few sales in one or both ends of the window to quote a change, so the years are given as they are.

  • 2023six sales$3337
  • 2026one sale$2852
Show the figures
YearMedian pricePer sq ftSales
2023$1,608,500$3,337 psf6
2026$1,350,900$2,852 psf1

Other developments in D02

Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.