Icon @ Pasir Panjang
Icon @ Pasir Panjang is a commercial building in District 5 · Queenstown, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 21 transactions are on record since 1995, most recently in Dec 2025. 25 units are currently listed for sale or rent. ACRA records 30 live company registrations at this address.
What are the key facts about Icon @ Pasir Panjang?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
- Tenure
- Freehold
- District / Area
- District 5 · Queenstown
- Address
- 218 Pasir Panjang Road
- Land area
- 1,584 sqm
- Transactions on record
- 21 (records start 1995)
- Live listings
- 25
- ACRA registrations
- 30
About Icon @ Pasir Panjang
Icon @ Pasir Panjang is a mixed-use building in Queenstown (District 05). It is located along Pasir Panjang Road, Singapore 118579.
Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 3. The site falls within a conservation area, so external alterations are subject to URA conservation guidelines.
The site is freehold. It occupies roughly 1,584 sqm of land with about 3,935 sqm of gross floor area.
21 transactions have been recorded here, at a median of S$3,301 psf. The most recent was in December 2025.
30 businesses are currently registered at this address with ACRA.
The nearest MRT is Haw Par Villa MRT, 562 m away (about a 9-minute walk). The closest bus stop (Bef Sth Buona Vista Rd) is 13 m away (about a 0-minute walk).
What is Icon @ Pasir Panjang zoned as?
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
- Conservation area
- Pasir Panjang Road No. 222-240 (Even)
- Conserved building
- Yes
What has Icon @ Pasir Panjang sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Dec 2025 | Retail | S$1.25M | 420 sqft | $2,978 |
| Nov 2025 | Retail | S$1.17M | 635 sqft | $1,840 |
| Oct 2025 | Retail | S$718k | 388 sqft | $1,853 |
| Oct 2025 | Retail | S$1.35M | 409 sqft | $3,311 |
| Jul 2025 | Retail | S$2.50M | 1,335 sqft | $1,873 |
| Jun 2025 | Retail | S$1.40M | 1,076 sqft | $1,297 |
| Mar 2022 | Retail | S$1.52M | 409 sqft | $3,716 |
| Sept 2021 | Retail | S$1.70M | 1,076 sqft | $1,579 |
| Jun 2020 | Retail | S$1.60M | 431 sqft | $3,716 |
| Jun 2017 | Retail | S$1.69M | 1,152 sqft | $1,466 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Pasir Panjang Road price?
Too few strata sales on this street to support a median — the count is shown without one.
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Icon @ Pasir Panjang?
Indicative area yield — District 5 retail
An INDICATIVE AREA yield for District 5 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 5 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th pct |
|---|---|---|---|
| Level 1 · 30 & Below | $75.50 | $78.57 | $94.64 |
| B1 & Below · 30 & Below | $49.40 | $56.25 | $167.56 |
| Level 1 · >30 - 100 | $65.08 | $80.89 | $95.59 |
| Level 2 & 3 · >30 - 100 | $107.16 | $142.68 | $238.92 |
| B1 & Below · >30 - 100 | $136.41 | $266.41 | $413.89 |
| Level 4 & Above · >30 - 100 | $245.10 | $253.31 | $294.36 |
| Level 2 & 3 · >100 - 300 | $57.26 | $74.59 | $120.64 |
| Level 1 · >100 - 300 | $75.28 | $85.48 | $131.66 |
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.
What is available at Icon @ Pasir Panjang right now?
For sale (16)
- Icon @ Pasir PanjangS$1.55M · 420 sqft
- Icon @ Pasir Panjang2 agentsS$1.37M · 1,012 sqft
- Icon @ Pasir Panjang5 agentsS$764k · 388 sqft
- Icon @ Pasir Panjang2 agentsS$2.80M · 441 sqft
For rent (9)
- Icon @ Pasir PanjangS$4k/mo · 1,033 sqft
- Icon @ Pasir Panjang4 agentsS$6k/mo · 990 sqft
- Icon @ Pasir Panjang2 agentsS$5k/mo · 441 sqft
- Icon @ Pasir PanjangS$7k/mo · 678 sqft
What is near Icon @ Pasir Panjang?
Getting around
- Haw Par Villa MRT562 m · ~9 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Icon @ Pasir Panjang?
- Live registrations
- 30
- Registered last 3 years
- 11
- 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.
Frequently asked questions about Icon @ Pasir Panjang
Where is Icon @ Pasir Panjang?⌄
Icon @ Pasir Panjang is at 218 Pasir Panjang Road, Singapore 118579, in the Queenstown planning area.
What is Icon @ Pasir Panjang zoned as?⌄
Icon @ Pasir Panjang sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.
What is the tenure of Icon @ Pasir Panjang?⌄
Icon @ Pasir Panjang is freehold.
Is Icon @ Pasir Panjang a conserved property?⌄
Yes. Icon @ Pasir Panjang falls within a URA conservation area, so external works are subject to conservation guidelines.
What have units at Icon @ Pasir Panjang sold for?⌄
Across 21 recorded transactions, the median price is S$3,301 psf. The latest was in December 2025.
What is the nearest MRT station to Icon @ Pasir Panjang?⌄
Haw Par Villa MRT is the closest, 562 m away (about a 9-minute walk).
How many businesses are registered at Icon @ Pasir Panjang?⌄
30 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.
The facts are here — now get the verdict on Icon @ Pasir Panjang.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
This development is also registered as the residential project Icon @ Pasir Panjang.