CommercialCOMMERCIALFreeholdDistrict 14 · Geylang

Icon@Changi

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2026
Quick Summary

Icon@Changi is a commercial building in District 14 · Geylang, on land zoned COMMERCIAL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 130 transactions are on record since 1995, most recently in May 2026. 18 units are currently listed for sale or rent. ACRA records 167 live company registrations at this address.

1

What are the key facts about Icon@Changi?

Key takeawayIcon@Changi is a commercial building in District 14 · Geylang, zoned COMMERCIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 14 · Geylang
Address
228 Changi Road
Land area
2,502 sqm
Transactions on record
130 (records start 1995)
Live listings
18
ACRA registrations
167
2

About Icon@Changi

Icon@Changi is a commercial building in Geylang (District 14). It is located along Changi Road, Singapore 419741.

Under the URA Master Plan it sits on land zoned commercial with a gross plot ratio of 3.

The site is freehold. It occupies roughly 2,502 sqm of land with about 7,507 sqm of gross floor area.

130 transactions have been recorded here, at a median of S$1,825 psf. The most recent was in May 2026.

167 businesses are currently registered at this address with ACRA.

The nearest MRT is Eunos MRT, 328 m away (about a 5-minute walk). The closest bus stop (Aft Lor 106 Changi) is 193 m away (about a 3-minute walk).

3

What is Icon@Changi zoned as?

Key takeawayIcon@Changi sits on land zoned COMMERCIAL with a gross plot ratio of 3.0.
Land-use zone
COMMERCIAL
Gross plot ratio
3.0
BCA-verified envelope: allowable GFA 7,506 sqm · built 5,295 sqm · headroom 2,211 sqm. This block appears only where BCA has published the actual built floor area — everywhere else, buildable headroom cannot be verified and is deliberately not estimated.

Run the full zoning report for this building →

4

What has Icon@Changi sold for?

Key takeawayAcross 130 recorded transactions since 1995, the median price is about S$549k, most recently in May 2026.
DateUsePriceAreaPSF
May 2026OfficeS$262k129 sqft$2,031
May 2025OfficeS$638k334 sqft$1,912
Apr 2025RetailS$255k118 sqft$2,154
Apr 2025OfficeS$644k366 sqft$1,761
Feb 2025RetailS$371k183 sqft$2,027
Oct 2024OfficeS$600k151 sqft$3,982
Sept 2024OfficeS$762k431 sqft$1,770
Jul 2024RetailS$340k161 sqft$2,106
May 2024OfficeS$740k431 sqft$1,719
Apr 2024RetailS$380k172 sqft$2,206

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.

5

How does Changi Road price?

Key takeawayAcross 81 strata sales on Changi Road in the last 5 years, the median is $2,027 psf.
Strata sales on the street (5y)
81
Street median PSF (strata)
$2,027

Street figures cover strata deals only — land and strata PSF are not comparable.

6

What do commercial rents run near Icon@Changi?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 14 retail

Gross yield (area)
4.4%
3.9% net of property tax
Rent side (median of bands)
$96.97 psm/mo
2026Q2
Price side (strata, 5y)
$2,475 psf
113 sales

An INDICATIVE AREA yield for District 14 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 14 ($ psm/month, 2026Q2)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$82.14$95.00$145.45
B1 & Below · 30 & Below$41.18$58.82$72.93
Level 2 & 3 · 30 & Below$59.62$65.22$74.50
Level 1 · >30 - 100$65.33$78.20$116.05
Level 2 & 3 · >30 - 100$54.07$96.97$174.25
Level 4 & Above · >30 - 100$114.92$138.10$233.82
B1 & Below · >30 - 100$159.63$224.93$312.51
Level 1 · >100 - 300$69.58$102.84$157.15

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

7

What is available at Icon@Changi right now?

Key takeaway18 units are currently listed at Icon@Changi11 for sale and 7 for rent. One row per unit; several agents often market the same unit.

For sale (11)

  • Icon @ Changi4 agentsS$449k · 205 sqft
  • Icon @ Changi3 agentsS$748k · 334 sqft
  • Icon @ Changi2 agentsS$360k · 161 sqft
  • Icon @ Changi2 agentsS$450k · 205 sqft

For rent (7)

  • Icon @ Changi2 agentsS$1k/mo · 129 sqft
  • Icon @ ChangiS$3k/mo · 334 sqft
  • Icon @ Changi2 agentsS$1k/mo · 118 sqft
  • Icon @ Changi2 agentsS$3k/mo · 527 sqft

Browse every listing at this building →

8

What is near Icon@Changi?

Key takeawayThe nearest MRT/LRT is Eunos MRT, about 328 m away — and 3 competing retail premisess operate nearby.

Getting around

Amenities nearby

Place Of Worship · 50 mBethesda Medical @ Cereza · 59 mEunos Polyclinic · 122 mAft Lor 106 Changi · 193 mEunos MRT Exit C · 304 mLorong Sarina Interim Pk · 360 mKampong Ubi Community Centre · 443 mParkway East Hospital · 511 mEducational Institution · 539 mHotel · 716 m

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Blk 4A Eunos Crescent · 349 mNTUC Fairprice Co-operative Ltd · 459 mSingpost Centre · 1.1 km

Straight-line distances. Source: PropKaki amenities data.

9

How many companies are registered at Icon@Changi?

Key takeawayACRA records 167 live company registrations at this address, 55 of them in the last three years.
Live registrations
167
Registered last 3 years
55
Most common type
Local Company

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

10

What is Icon@Changi's BCA building profile?

BCA building type
Office
Green Mark
NA (NA)
Energy use intensity
34 kWh/m²·yr
11

Frequently asked questions about Icon@Changi

Where is Icon@Changi?

Icon@Changi is at 228 Changi Road, Singapore 419741, in the Geylang planning area.

What is Icon@Changi zoned as?

Icon@Changi sits on land zoned commercial under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Icon@Changi?

Icon@Changi is freehold.

What have units at Icon@Changi sold for?

Across 130 recorded transactions, the median price is S$1,825 psf. The latest was in May 2026.

What is the nearest MRT station to Icon@Changi?

Eunos MRT is the closest, 328 m away (about a 5-minute walk).

How many businesses are registered at Icon@Changi?

167 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

For agents · in the PropKaki app

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