16 Cantonment Close - 1 Units for Rent

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16 Cantonment Close – PropertyGuru Market Pulse Insights

Current search behaviour keeps the development in view within the local property market, drawing on 30 days of PropertyGuru search activity. Within the Chinatown / Tanjong Pagar market, the project remains a visible option for rental seekers exploring available housing inventory.

Most-searched Units: 2-Bedroom

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 4K
  • Avg PSF: S$ 4 psf (30.14% lower compared to Chinatown / Tanjong Pagar average of S$ 6 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards the 2-Bedroom configurations as the primary focus for rental interest. While search volume is concentrated on smaller units, the 3-Bedroom inventory presents a significant value proposition, priced at a 30.14% discount per square foot relative to the broader district average. This single available large unit offers a competitive entry point for renters seeking space in a high-demand central location. Such pricing discipline suggests the property remains a strategic choice for those prioritizing affordability within the Chinatown / Tanjong Pagar area.

Location & Lifestyle Highlights — 16 Cantonment Close 390m (5 mins) to CANTONMENT MRT STATION — This station provides a direct link to the Circle Line, making it very easy to travel to the downtown core and southern business districts. Living at 16 Cantonment Close means being right at the edge of the city, where modern urban efficiency meets a neighborhood full of character. It is a perfect spot for those who want to be minutes away from the Central Business District while enjoying a well-established residential setting. Nearby hotspots: MRT Stations:

• OUTRAM PARK MRT STATION (1063m, 12-13 mins) — A major triple-line interchange connecting you to the East-West, North-East, and Thomson-East Coast Lines for island-wide travel.
• TANJONG PAGAR MRT STATION (1140m, 13-14 mins) — Direct access to the heart of the financial district and a huge variety of professional hubs.

Bus Stops (33 within 1 km):

• BLK 16 (270m, 3-4 mins) — Just a short walk away for quick bus connections around the local estate.
• BEF CANTONMENT RD (412m, 4-5 mins) — Convenient stop for commuters heading towards the city or southern coastal areas.

Education & Early Learning:

• CANTONMENT PRIMARY SCHOOL (504m, 6-7 mins) — A reputable primary school located very close to home, ideal for families with young children.
• 5 STEPS ACADEMY (629m, 7-8 mins) — Private educational institution offering alternative learning pathways within walking distance.
• KIDSCAMPUS TPCC PTE LTD (663m, 8-9 mins) — Nearby preschool providing convenient early childhood care for working parents.

Healthcare & Wellness:

• SHENTON FAMILY MEDICAL CLINIC (712m, 8-9 mins) — Reliable family healthcare services for routine check-ups and medical needs.
• OUTRAM COMMUNITY HOSPITAL (886m, 10-11 mins) — Comprehensive medical facility nearby providing specialized care and rehabilitation services.

Shopping & Retail:

• FAIRPRICE (694m, 8-9 mins) — Handy supermarket for all your daily grocery runs and household essentials.
• NTUC FAIRPRICE FINEST - 100 AM (707m, 8-9 mins) — Premium grocery shopping experience with a wide selection of international products.
• 100 AM (741m, 8-9 mins) — Popular lifestyle mall featuring a mix of retail brands, fitness centers, and fashion outlets.

Dining & Food:

• FOOD COURT (503m, 6-7 mins) — Great local spot for affordable daily meals and a variety of Singaporean hawker favorites.
• ALI NACHIN EATING HOUSE (552m, 6-7 mins) — Traditional coffee shop setting perfect for a quick breakfast or casual lunch.
• JIN YU COFFEE HOUSE (558m, 6-7 mins) — Local eatery offering a cozy atmosphere for coffee and classic neighborhood dishes.

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

Market & Rental Insights

16 Cantonment Close demonstrates a dynamic rental market with varying performance across different unit types.

• Median Rental Appreciation: 3-bedroom units saw rents rise from S$3,800 /mo to S$4,100 /mo (+7.89%), while 2-bedroom units decreased from S$3,100 /mo to S$2,900 /mo (-6.45%) over the last one year.
• Transactions:9 rental transactions in the last 6 months showing modest rental activity.
• PG Pulse Insight: Rental activity remains modest with 3-bedroom units showing positive rental growth of +7.89%, reaching a median of S$4,100 /mo.

Published date: October 16, 2026