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 in Chinatown / Tanjong Pagar. While it maintains a steady presence among active property seekers, the project serves as a consistent option for those exploring rental opportunities in this central location.

Most-searched Units: 2-Bedroom

Pricing by Unit Types:

• Room Rental Units:
  • Avg Asking Price: S$ 2K
  • Avg PSF: S$ 13 psf (0.5% higher compared to Chinatown / Tanjong Pagar average of S$ 12 psf)
  • Available Units: 1
• 2-Bedroom Units:
  • Avg Asking Price: S$ 3K
  • Avg PSF: S$ 5 psf (27% lower compared to Chinatown / Tanjong Pagar average of S$ 7 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards 2-Bedroom configurations as the preferred choice for those browsing this development. The current inventory for these larger units is positioned at a significant 27% discount relative to the district average, offering a highly competitive entry point for the area. Conversely, room rentals maintain a slight premium, reflecting a selective pricing strategy for smaller, high-demand spaces. This segmented inventory profile suggests that the property remains attractive to a diverse range of seekers looking for value-driven larger layouts or centrally located individual rooms.

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 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: June 2, 2026