16 Cantonment Close - 1 Units for Sale

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16 Cantonment Close – PropertyGuru Market Pulse Insights

Recent PropertyGuru activity indicates the development is still appearing in area-focused property searches within the Chinatown / Tanjong Pagar market. Drawing on 30 days of PropertyGuru search activity, the project remains visible to active seekers exploring the local residential landscape.

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 710K
  • Avg PSF: S$ 1,101 psf (50.86% lower compared to Chinatown / Tanjong Pagar average of S$ 2,240 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point towards the 2-Bedroom configurations as the primary focus for seekers looking at this development. With only a single listing currently available, the limited inventory suggests a highly selective opportunity for buyers seeking entry into this district. The project is positioned at a significant 50.86% discount relative to the broader area's average pricing, reflecting a competitive value proposition. This high-demand, low-supply dynamic for specific layouts likely supports steady interest from value-oriented market participants.

Location & Lifestyle Highlights — 16 Cantonment Close 970m (12 mins) to PRINCE EDWARD ROAD MRT STATION — Direct access to the Circle Line extension provides a smooth commute into the heart of the Marina Bay financial district. 16 Cantonment Close offers a modern and efficient living space right at the edge of the city, perfect for those who want to balance a fast-paced career with a practical home base. The location is ideal for anyone looking to stay close to the central business hub while enjoying the character of a mature residential area. Nearby hotspots: MRT Stations:

• CANTONMENT MRT STATION (265m, 3-4 mins) — A very short walk to the upcoming Circle Line station for quick trips around the island.
• OUTRAM PARK MRT STATION (1068m, 12-13 mins) — Major interchange connecting you to the East-West, North-East, and Thomson-East Coast lines.

Bus Stops (34 within 1 km):

• BLK 16 (281m, 3-4 mins) — Convenient doorstep access to local bus routes for easy daily travel.
• OPPOSITE CUSTOMS PORT BRANCH HEADQUARTERS (419m, 5-6 mins) — Additional transport options for commuting towards the city or harbour area.

Education & Early Learning:

• CANTONMENT PRIMARY SCHOOL (504m, 6-7 mins) — Reputable primary education located just a short stroll away for young families.
• KIDSCAMPUS TPCC PTE LTD (665m, 7-8 mins) — Nearby preschool facilities making the morning school run much simpler for parents.
• 5 STEPS ACADEMY (629m, 7-8 mins) — Private academic options available within the immediate neighbourhood.

Healthcare & Wellness:

• OUTRAM COMMUNITY HOSPITAL (886m, 10-11 mins) — Comprehensive medical care and rehabilitation services located within the nearby SGH campus.
• SHENTON FAMILY MEDICAL CLINIC (715m, 8-9 mins) — Accessible healthcare for general check-ups and family medical needs.

Shopping & Retail:

• FAIRPRICE (685m, 8-9 mins) — Reliable spot for picking up daily groceries and household essentials.
• 100 AM (738m, 8-9 mins) — Popular lifestyle mall featuring a variety of retail brands and fitness studios.
• COLD STORAGE (768m, 9-10 mins) — Great option for premium produce and international food selections.

Dining & Food:

• FOOD COURT (504m, 6-7 mins) — Affordable local cooked food options available just minutes from home.
• ALI NACHIN EATING HOUSE (550m, 6-7 mins) — Convenient local dining spot for quick and tasty meals.
• TANJONG PAGAR FOOD CENTRE (848m, 10-11 mins) — Famous hawker destination with a huge variety of Singaporean favourites.

Highly attractive for: Young Urban Professionals, Corporate Investors, Small Families, Business Owners

Market & Rental Insights

16 Cantonment Close demonstrates a profile of significant capital appreciation and healthy income generation for property owners.

• PSF Appreciation: S$884 → S$986 over recent years (+11.54%) from 2023 - 2025.
• Expected Rental Yield: At 3.92%, this reflects a healthy return for investors.
• Transactions: 9 rental transactions in the last 6 months, showing modest rental activity.
• PG Pulse Insight: With a +11.54% PSF growth and a healthy rental yield of 3.92%, 16 Cantonment Close remains a competitive asset despite modest rental transaction volume.

Published date: June 2, 2026