TMW Maxwell for sale to who have owned the house since they were able to obtain another chance to win the enbloc bid, and clinch the deal at $276.8m which was higher than the $268 million asking price. The house, which is located on 20 Maxwell Road, was listed for sale in September of 2020, with a reserve of $295 million however, in April of this year, the price was cut.
Joint venture partners submitted an offer to the committee for collective sales of Maxwell House on 6 May 2021. Tenders were given to joint ventures a day later. The participation interests of the JV partners in this acquisition would have resulted in Chip Eng Seng holding 40%, SingHaiyi holding 30% as well as Chuan Investments controlling the remaining 30%. Chuan Investments is the wholly owned subsidiary that is part of Chuan Lim Construction, a Hong Kong listed firm that is based in Singapore with a focus on general civil engineering and construction work. It is for the very first time both companies are involved in the joint venture.
Ann Siang Hill, is where you can find a myriad of bars, trendy restaurants and organizations. The location and the fact that it is situated away from the bustle that is Tanjong Pagar Road gave the street a secluded feeling, the restaurant owners claimed. Tras Street, once a notoriously smoky section off Tanjong Pagar Road, has become a bustling area with excellent food and drinks. The area is lined with a variety of other dining and drinking choices, such as Japanese eateries in the Orchid Hotel, restaurants and bars in Icon Village, and more in the 100AM shopping center and on Tanjong Pagar Road.
A lot of people have pointed out TMW Maxwell is the most peaceful and most undeveloped part of the hipster triangular zone in Chinatown which includes the renowned drinking and food enclaves such as Tanjong Pagar Road, Duxton Hill, Club Street & Ann Siang Hill. It is a diverse area of cuisines, between Italian and Italian to Spanish, Japanese to Mediterranean.
In the past, Tras Street was known predominantly for its popular late-night Korean Fried Chicken restaurant Kko Kko Nara, as also for the long-gone European restaurant, Table 66, which relocated from 2011 Winstedt Road and has been restored in the form of Skyve Wine Bistro.
A popular weekend brunch spot serving delicious food. Drury Lane Cafe is a two-storey cafe that is located next to Cake Spade. Just 3 minutes of Tanjong Pagar MRT Station on Peck Seah Street, Cho-win Garden Korean restaurant serves the best and most authentic Korean food available in Singapore.
Tanjong Pagar Center offers elevated versions of popular street fares and includes the to-try XYT Hokkien Mee ($16) and the XYT Ayam Percik ($26) and both of which we were returning to. The Argentinian restaurant has recently relocated from Martin Road and onto the hip Amoy Street, sporting swanky interiors, but with a casual atmosphere due to its street art-themed walls. This izakaya that is bustling, modern, is adorned with street-style exteriors, graffiti-adorned murals, sexy crowds, and an up-to-date menu. Gattopardo Ristorante Di Mare is one of the restaurants along Tras Street promising guests an exceptional dining experience. Their elegant interior makes it ideal for private dinners.
Chip Eng Seng Corporation Limited is an international conglomerate listed in Singapore with interests in construction, civil infrastructure hospitality, precast technology education and real estate investment and development.
It was established in the 1960s , as an landed property construction subcontractor. The Group achieved a breakthrough by being named the primary constructor in HDB projects. The business has seen a massive expansion and offers a variety of services in the development and construction of executive and private condominiums as well as private condominiums.