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 part of the local consideration set for those exploring housing options in this central location. This presence suggests that the property continues to be a point of reference for buyers monitoring the current resale landscape.

Pricing by Unit Types:

• 3-Bedroom Units:
  • Avg Asking Price: S$ 1.29M
  • Avg PSF: S$ 1,330 psf (47.06% lower compared to Chinatown / Tanjong Pagar average of S$ 2,512 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards the 3-bedroom configurations as the primary focus for those evaluating this development. With only a single unit currently listed, the limited inventory creates a highly selective opportunity for buyers seeking entry into this district. The property represents a significant value proposition, priced at a 47.06% discount on a per-square-foot basis relative to the broader Chinatown / Tanjong Pagar average. This combination of low supply and competitive pricing likely supports steady interest from value-oriented buyers in the central region.

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 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: October 16, 2026