FreeholdRCRDistrict 5 (Queenstown)

Icon @ Pasir Panjang

Reviewed by Nathan TangUpdated 24 September 2026Data through Apr 2025 (URA)
Quick Summary

Icon @ Pasir Panjang is a freehold apartment in District 5 (Queenstown) that obtained TOP in 2015, with 18 units across 1 block. Across 22 transactions on record, units have recently transacted around S$1.10M (S$1,342 psf, ~850 sqft). There are 11 units for sale from S$890k to S$2.45M.

Key facts about Icon @ Pasir Panjang
TenureFreehold
TOP year2015
DeveloperFRAGRANCE REALTY PTE LTD
Units18 in 1 block
District and areaDistrict 5 · Queenstown · RCR
Nearest MRTHaw Par Villa MRT, 567 m (~9 min walk)
Latest median psfS$1,342 psf, last 12 URA caveats to Apr 2025
1

What's for sale and for rent at Icon @ Pasir Panjang?

Key Takeaway

Icon @ Pasir Panjang has 11 units listed for sale, asking S$890k to S$2.45M (median S$1,791 psf), and 2 units for rent at a median of S$3,800 a month.

For sale

11 listings

S$890k – S$2.45M

For rent

2 listings

S$3,800 – S$3,800 a month

BedroomsFor saleAsking priceMedian PSF
2-bedroom6S$890k–S$1.39MS$1,969 psf
3-bedroom2S$1.85M–S$1.85MS$1,791 psf
5-bedroom3S$2.45M–S$2.45MS$1,371 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Icon @ Pasir Panjang?

Key Takeaway

Floor plans for Icon @ Pasir Panjang aren't in PropKaki's library yet. Across 22 URA caveats, units range from 366 sqft to 1,787 sqft, and the middle half are 452 sqft to 850 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom452 sqft to 840 sqftS$890k · S$1,969 psf
3-bedroom1,033 sqftS$1.85M · S$1,791 psf
5-bedroom1,787 sqftS$2.45M · S$1,371 psf

Check the Floor Plan Finder for Icon @ Pasir Panjang →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Icon @ Pasir Panjang?

Key Takeaway

Units have recently transacted around S$1.10M (S$1,342 psf), at a gross rental yield of about 2.9% (URA caveat data).

Recent median price

S$1.10M

recent · 22 sales on record

Median PSF

S$1,342 psf

recent transactions

Median rent (monthly)

S$2,644

140 rentals on record

Gross rental yield

2.9%

indicative, gross

Units currently for sale are asking a median of S$1,791 psf — about 33% above the most recent transacted PSF.

Source: URA caveat data, through Apr 2025.

4

What has recently sold at Icon @ Pasir Panjang?

Key Takeaway

Icon @ Pasir Panjang has 22 recorded sales; the most recent transacted at S$918,000 in Apr 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2025S$918,000570S$1,609 psf
Oct 2024S$830,000452S$1,836 psf
Jul 2023S$1,108,000850S$1,303 psf
Jun 2023S$1,450,0001,033S$1,403 psf
Apr 2023S$968,888603S$1,607 psf
Dec 2020S$1,200,000969S$1,239 psf
Oct 2014S$1,250,0001,033S$1,210 psf
Jul 2014S$1,395,6001,163S$1,201 psf
Jul 2014S$1,299,700969S$1,342 psf
Jul 2014S$1,105,000850S$1,299 psf
May 2013S$930,000570S$1,630 psf
Apr 2013S$648,000366S$1,771 psf

22 sales and 140 rentals on record since Mar 2013. Source: URA.

5

Are prices at Icon @ Pasir Panjang rising?

Key Takeaway

The median transacted PSF at Icon @ Pasir Panjang has fallen 20% over the past 10 years (20132023), from S$1,750 psf to S$1,403 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2023S$1,403 psfS$1.11M3+16.0%
2014S$1,210 psfS$1.25M4-30.9%
2013S$1,750 psfS$793k12

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Icon @ Pasir Panjang a good investment?

Key Takeaway

Icon @ Pasir Panjang has only 5 resales on record, too few to judge on its own. Across District 5, 89% of 12,599 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 26% over a median 5.8-year hold (URA caveats, before costs). Its gross rental yield is about 2.9%. Units listed now ask about 33% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

District 5 sold for more

89%

of 12,599 private resales

Median gain

26%

gross, before costs

Median hold

5.8 years

bought to resold

Icon @ Pasir Panjang has fewer than 10 matched resales, so the figures are for District 5 as a whole. Check the odds for your unit size and holding period →

7

Where is Icon @ Pasir Panjang and what's nearby?

Key Takeaway

Icon @ Pasir Panjang is located in Queenstown, in the Central Region of Singapore.

Icon @ Pasir Panjang is a freehold apartment completed in 2015. It was developed by FRAGRANCE REALTY PTE LTD. The development has 18 residential units. It sits on a land area of 127 sqm and has a gross floor area of 380 sqm. The plot ratio is 3.0.

ICON @ PASIR PANJANG is located at 218 Pasir Panjang Road, Singapore 118579. It is part of District 05, Pasir Panjang / Hong Leong Garden / Clementi New Town, Queenstown. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Haw Par Villa MRT, approximately 567m away, around 9 minutes on foot. Nearby amenities include Pasir Panjang Food Centre for food options and Pasir Panjang Park for greenery and recreation.

8

How far is Icon @ Pasir Panjang from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Icon @ Pasir Panjang is Haw Par Villa MRT, about 567 m away (~9 min walk).

Getting around

Shops, food & parks

Hawker centre: Pasir Panjang Food Centre · 738 mPark: Pasir Panjang Park · 224 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built Icon @ Pasir Panjang and how big is the development?

Key Takeaway

Icon @ Pasir Panjang was developed by FRAGRANCE REALTY PTE LTD, with 18 units.

Developer
FRAGRANCE REALTY PTE LTD
Blocks
1
Land area
127 sqm (1,367 sqft)
Gross floor area
380 sqm (4,090 sqft)
Plot ratio
3.00
10

What does it cost to own a unit at Icon @ Pasir Panjang?

Key Takeaway

Buying a unit at Icon @ Pasir Panjang (~S$1.10M) needs about S$8,089/mo in income and S$3,721/mo in repayments, after S$28,800 stamp duty and a S$276k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.10M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$28,800

BSD, tiered

Downpayment (25%)

S$276k

cash + CPF

Monthly instalment

S$3,721/mo

30y @ 3.5%

Income required

S$8,089/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around Icon @ Pasir Panjang?

Key Takeaway

8,573 CEA-registered agents closed at least one recorded deal in District 5 — where Icon @ Pasir Panjang sits — in the last 12 months, across all property types.

Active agents · 12mo

8,573

District 5 · closed ≥1 deal

Deals on record

46,751

all-time · all property types

Source: CEA public transaction records, attributed to District 5 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Icon @ Pasir Panjang? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Icon @ Pasir Panjang's own transactions.

PropKaki
Is Icon @ Pasir Panjang a good buy, and what are units selling for?

Recent units at Icon @ Pasir Panjang sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about Icon @ Pasir Panjang

Is Icon @ Pasir Panjang freehold?

Yes. Icon @ Pasir Panjang is freehold, so ownership does not run out.

How old is Icon @ Pasir Panjang?

Icon @ Pasir Panjang was completed (obtained TOP) in 2015, so it is about 11 years old.

Is Icon @ Pasir Panjang a good investment?

Icon @ Pasir Panjang has only 5 resales on record, too few to judge on its own. Across District 5, 89% of 12,599 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 26% over a median 5.8-year hold (URA caveats, before costs). Its gross rental yield is about 2.9%. Units listed now ask about 33% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Icon @ Pasir Panjang an EC?

No. Icon @ Pasir Panjang is a private apartment development, not an executive condominium (EC).

Who is the developer of Icon @ Pasir Panjang?

Icon @ Pasir Panjang was developed by FRAGRANCE REALTY PTE LTD.

What is the price of a condo at Icon @ Pasir Panjang?

Units at Icon @ Pasir Panjang have recently sold for around S$1.10M (S$1,342 psf), the median of the last 12 URA caveats to Apr 2025. The price depends on size, floor and facing. 11 units are listed for sale from S$890k to S$2.45M.

Where is Icon @ Pasir Panjang located?

Icon @ Pasir Panjang is at 218 Pasir Panjang Road, Singapore 118579, in Queenstown (District 5). The nearest MRT station is Haw Par Villa MRT, about 567 m away.

How many units are there in Icon @ Pasir Panjang?

Icon @ Pasir Panjang has 18 units in 1 block.

How much do I need to earn to buy at Icon @ Pasir Panjang?

For a unit around S$1.10M as a first home, you'd need roughly S$8,089/mo in income (assessed at the stress-test rate), with repayments near S$3,721/mo after a S$276k (25%) downpayment and S$28,800 Buyer's Stamp Duty.

Are prices at Icon @ Pasir Panjang going up?

The median price per square foot at Icon @ Pasir Panjang has fallen about 20% between 2013 and 2023, based on URA caveats. The year-by-year figures are in the price-trend table above.