Tanjong Pagar Property: CBD Living With 420 Listings From S$2,265 psf
Updated 2026-10-10
Tanjong Pagar sits at the southern edge of Singapore's CBD, where heritage shophouses share the streetscape with high-rise condominiums. With 420 live listings averaging S$2,265 per square foot, the neighbourhood offers a rare combination of city-centre convenience and long-term upside from the Greater Southern Waterfront transformation.
What is it like living in Tanjong Pagar?
Tanjong Pagar is one of the oldest districts in Singapore, but its character today is defined by density, walkability and food. The streets between the MRT station and the waterfront are lined with Korean restaurants, specialty coffee shops, wine bars and traditional teahouses, giving the area a distinct after-hours energy that most CBD pockets lack. Tanjong Pagar Plaza, the HDB estate at the heart of the neighbourhood, has a well-known hawker centre on its second floor, along with a supermarket, banks and everyday services on the ground level.
The area is compact enough to navigate on foot. Maxwell Food Centre, Lau Pa Sat and the Duxton Hill conservation district are all within a ten-minute walk. For green space, residents head to the Tanjong Pagar Park Connector or cross to the waterfront at Keppel Bay. The trade-off is noise and crowds during working hours, as the neighbourhood doubles as an office district. Evenings and weekends are noticeably quieter.
What is at 4 Tanjong Pagar Plaza?
4 Tanjong Pagar Plaza is an 18-storey HDB block completed in 1976 with 199 units on a 99-year lease. It sits within the Tanjong Pagar Plaza estate, a cluster of public housing blocks between the MRT station and the hawker centre, and is one of the few HDB addresses in the immediate CBD. Recent resale transactions in the estate have landed in the S$575,000 to S$610,000 range, making it one of the more affordable entry points into the district.
The block is roughly a five-minute walk from Tanjong Pagar MRT. Its proximity to the Tanjong Pagar Market and Food Centre, one of the busiest hawker centres in the CBD, makes it a familiar search term for buyers weighing the rare option of public housing in a predominantly private-market neighbourhood.
Transport: two MRT lines and a completed Circle Line
Tanjong Pagar MRT (EW15) sits on the East West Line, providing direct connections to Raffles Place in one stop and Changi Airport in under 40 minutes. The station is underground, with entrances along Maxwell Road and Peck Seah Street.
The bigger transport story in 2026 is the completion of the Circle Line. Cantonment MRT (CC31), which opened on 12 July 2026, is a short walk south of Tanjong Pagar station. It is built beneath the former Tanjong Pagar Railway Station and closes the final gap in the Circle Line loop, adding Keppel and Prince Edward Road stations at the same time. Residents now have interchange access to both the East West Line and the Circle Line without travelling to another neighbourhood. This dual-line connectivity is a step change for the area.
Housing stock and prices
The property mix around Tanjong Pagar MRT skews heavily toward private housing. Of the 420 current listings on Hombble, 396 are condominiums, 21 are HDB resale flats, two are landed properties and one is an executive condominium. The average asking price across all listings is S$3,023,695, with an average unit size of 7,097 square feet and an average price of S$2,265 per square foot.
New-launch condominiums in District 2, which covers Tanjong Pagar and Shenton Way, have been transacting at S$3,000 to S$4,200 per square foot, with Newport Residences among the more prominent recent projects. Resale condos sit lower, typically in the S$1,900 to S$2,600 psf range depending on age and floor. The HDB options are limited in number but offer significant price contrast, with resale flats in the Tanjong Pagar Plaza estate available below S$650,000.
Schools and family considerations
Tanjong Pagar is not a family-first neighbourhood, and buyers with school-age children should plan around that. The nearest primary schools are Cantonment Primary School in neighbouring Outram and Radin Mas Primary School in Bukit Purmei, both within a short drive or bus ride. For secondary education, CHIJ Saint Theresa's Convent is the closest option, located beside Radin Mas Primary.
Preschool provision is better: there are several childcare centres within the Tanjong Pagar Plaza estate and the surrounding commercial buildings. For international schooling, the Canadian International School's Tanjong Katong campus and other international schools in the Tiong Bahru and River Valley corridor are accessible via the MRT.
Outlook: the Greater Southern Waterfront effect
The long-term value proposition for Tanjong Pagar is tied to the Greater Southern Waterfront, a URA master plan covering over 2,000 hectares of coastline from Pasir Panjang to Marina East. When the Tanjong Pagar container terminal completes its relocation to Tuas after 2027, the freed land will be developed into a mixed-use waterfront district with new housing, recreational spaces and commercial facilities.
The former Keppel Golf Course site, already under redevelopment, will add around 9,000 new homes across HDB and private developments. Pulau Brani is earmarked for leisure and tourism uses in line with Sentosa. These plans, combined with the newly completed Circle Line stations, position Tanjong Pagar as a neighbourhood where current liveability is set to improve materially over the next decade. For buyers weighing the district today, the infrastructure is arriving ahead of the full transformation, which is the window that tends to offer the strongest value.