CommercialHOTELDistrict 2 · Outram

Icon Village

Reviewed by Nathan TangUpdated 10 November 2026
Quick Summary

Icon Village is a commercial building in District 2 · Outram, on land zoned HOTEL under the URA Master Plan with a gross plot ratio of 8.4. 8 units are currently listed for rent. ACRA records 0 live company registrations at this address.

1

What are the key facts about Icon Village?

Key takeawayIcon Village is a commercial building in District 2 · Outram, zoned HOTEL.
Asset class
Commercial
Land-use zone
HOTEL
Gross plot ratio
8.4
Tenure
Not on record
District / Area
District 2 · Outram
Address
—
Land area
—
Completed
Not on record
Storeys
Not on record
Listed as
Food & Beverage, Mall Shop, Other Retail
Transactions on record
None recorded
Live listings
8
ACRA registrations
0

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

About Icon Village

Icon Village is a commercial building in Outram (District 02). It is located along Gopeng Street.

Under the URA Master Plan it sits on land zoned hotel with a gross plot ratio of 8.4. It lies inside the Central Area.

The nearest MRT is Tanjong Pagar MRT, 209 m away (about a 3-minute walk). The closest bus stop (Tg Pagar Plaza) is 121 m away (about a 2-minute walk). Icon Village is 69 m away (about a 1-minute walk).

3

What is Icon Village zoned as?

Key takeawayIcon Village sits on land zoned HOTEL with a gross plot ratio of 8.4, inside the Central Area.
Land-use zone
HOTEL
Gross plot ratio
8.4
Urban design area
Udga
Central Area
Yes

Run the full zoning report for this building →

4

What does space at Icon Village rent for?

Key takeawayNo rent is published for Icon Village itself. On its street, Gopeng Street, retail space rented at a median of $12.68 psf a month in 2026Q3. That is not this building's own rent, and never a quote for a particular unit.

Retail space on Gopeng Street

Street level · 2026Q3
25th pct
—
— psm
Median
$12.68
$136.53 psm
75th pct
—
— psm

S$ per sq ft per month (median only published) · median +4.1% on a year earlier

2023Q3 · $99.06 psm2026Q3 · $136.53 psm median

URA's percentiles of RETAIL rents (shop, F&B, entertainment, health & fitness) across every lease stamped with IRAS on this STREET in the quarter — the street's figure, not this building's rent and never a unit's. Retail rent swings with floor and frontage, so the spread matters as much as the median. A median needs at least 2 buildings and 3 contracts (percentiles need 4); a blank means below that threshold, not zero.

Source: URA rental statistics by street (IRAS-stamped contracts).

Retail space — District 2 retail

Region band · 2026Q3
25th pct
$7.84
$84.37 psm
Median
$8.70
$93.65 psm
75th pct
$9.99
$107.51 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 2 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

5

Market context around Icon Village

Key takeawayBrokers' retail figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m sq ft
Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

6

How fast units move at Icon Village

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 8 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 2 new listings appeared and 4 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

7

What do commercial rents run near Icon Village?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 2 retail

Gross yield (area)
3.8%
3.4% net of property tax
Rent side (median of bands)
$93.65 psm/mo
2026Q3
Price side (strata, 5y)
$2,752 psf
14 sales

An INDICATIVE AREA yield for District 2 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 2 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 2 & 3 · 30 & Below$92.88$96.94$102.26
Level 1 · 30 & Below$110.68$117.65$134.18
Level 1 · >30 - 100$80.88$88.43$172.22
Level 2 & 3 · >30 - 100$86.12$91.49$91.50
B1 & Below · >30 - 100$247.81$267.74$283.87
Level 4 & Above · >30 - 100$80.14$84.93$88.40
Level 2 & 3 · >100 - 300$82.62$95.80$112.75
Level 1 · >100 - 300$28.40$52.68$96.53

Office rents — Central Area ($ psm/month, 2026Q3)

Building class · size band25th pctMedian75th pct
Category 2 · 100 & Below$54.65$69.39$88.80
Category 1 · 100 & Below$103.62$122.24$132.43
Category 1 · >100 - 200$116.28$126.99$148.35
Category 2 · >100 - 200$65.57$82.87$97.63
Category 1 · >200 - 500$114.67$128.09$145.77
Category 2 · >200 - 500$64.83$82.57$94.73
Category 1 · >500 - 1000$106.56$137.78$148.23
Category 2 · >500 - 1000$85.04$89.34$109.80

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.

8

What is available at Icon Village right now?

Key takeaway8 units are currently listed at Icon Village. One row per unit; several agents often market the same unit.

For rent (8)

  • Icon VillageS$13k/mo · 1,100 sqft
  • Icon Village3 agentsS$14k/mo · 1,076 sqft
  • Icon Village2 agentsS$16k/mo · 1,367 sqft
  • Icon VillageS$20k/mo · 2,500 sqft

Browse every listing at this building →

9

What is near Icon Village?

Key takeawayThe nearest MRT/LRT is Tanjong Pagar MRT, about 209 m away.

Getting around

Amenities nearby

Hotel · 4 mThe Bonham Clinic · 39 mIcon Village · 69 mTras Link Pk · 97 mNTUC Fairprice Co-operative Ltd · 98 mTanjong Pagar MRT Exit A · 119 mTg Pagar Plaza · 121 mBlk 6 Tanjong Pagar Plaza · 150 mPlace Of Worship · 228 mTanjong Pagar Community Club · 285 m

Straight-line distances. Source: PropKaki amenities data.

10

Getting there and parking at Icon Village

Key takeawayThe nearest station is Tanjong Pagar (EW15), 119 m away — one of the busiest stations, with about 85,000 taps in and out on an average weekday. 23 public car parks are within 500 m.
Foot traffic: busier than 71% of retail buildings

nearest MRT/LRT Tanjong Pagar (EW15) 119 m, about 85,000 taps a weekday; 7 more stations within 1 km; bus stops within 400 m: 12, about 12,000 taps a weekday; Outram: 38,402 resident workers (Census 2020, by workplace); about 19,000 residents within 1 km (June 2026); 2 other malls within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

  • Tanjong Pagar (EW15)119 m · about 85,000 weekday taps
  • Prince Edward Road (CC32)333 m · 3,673 weekday taps
  • Maxwell (TE18)523 m · about 23,000 weekday taps
  • Outram Park (EW16 / NE3 / TE17)625 m · about 78,000 weekday taps
  • Cantonment (CC31)661 m · 3,987 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Icon Village. Transfers between lines don't tap, so interchanges read low.

Bus

12 bus stops within 400 m, with about 12,000 boardings and alightings on an average weekday.

Public car parks within 500 m

  • Wallich St (URA)145 m
    S$1.20 per half-hour at midday on a weekday · 9 car lots
  • Backlane (Peck Seah St - Tras St) (URA)181 m
  • Blk 5/7 Tanjong Pagar (HDB)185 m
    no short-term parking · gantry 4.4 m · 18 car lots
  • Blk 1/6 Tanjong Pagar Mscp (HDB)200 m
    S$1.20 per half-hour at midday on a weekday · gantry 1.8 m · 384 car lots
  • Tras St (URA)212 m
    S$1.20 per half-hour at midday on a weekday · 66 car lots

HDB season (car): Tier 1 $80/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $90 Rest of Island, $150 Designated Area, $165 Restricted Zone (surface). Which zone this car park is in is not published as data.

Nearest URA season parking: Blair Road-Everton Roa D Area, 801 m away, S$80/month.

Public car parks only, by straight-line distance, with the operator's published rates. Icon Village's own car park, if it has one, and its charges are not in the open data.

11

How many companies are registered at Icon Village?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

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.

12

Frequently asked questions about Icon Village

Where is Icon Village?⌄

Icon Village is at Gopeng Street, in the Outram planning area.

What is Icon Village zoned as?⌄

Icon Village sits on land zoned hotel under the URA Master Plan, with a gross plot ratio of 8.4.

Have there been any recorded transactions at Icon Village?⌄

No caveats have been lodged for Icon Village in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

What is the nearest MRT station to Icon Village?⌄

Tanjong Pagar MRT is the closest, 209 m away (about a 3-minute walk).

For agents · in the PropKaki app

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