FreeholdRCRDistrict 5 (Queenstown)

Icon @ Pasir Panjang

Reviewed by Nathan TangUpdated 10 August 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 14 units for sale from S$890k to S$2.45M.

1

What are the key facts about Icon @ Pasir Panjang?

Key Takeaway

Icon @ Pasir Panjang is a freehold apartment in District 5 (Queenstown) that obtained TOP in 2015, with 18 units across 1 block.

Tenure
Freehold
TOP / Completion
2015
Developer
FRAGRANCE REALTY PTE LTD
Total units
18
Blocks
1
District / Area
District 5 (Queenstown)
Market segment
RCR
Median PSF
S$1,342 psf
Last transacted
Apr 2025
Remaining lease
Freehold
2

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$2,650

137 rentals on record

Gross rental yield

2.9%

indicative, gross

Units currently for sale are asking a median of S$1,371 psf — about 2% above the most recent transacted PSF.

Source: URA caveat data, through Apr 2025.

3

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 137 rentals on record since Mar 2013. Source: URA.

4

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.

5

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

Key Takeaway

8,572 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

8,572

District 5 · closed ≥1 deal

Deals on record

46,728

all-time · all property types

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

6

What bedroom types are available at Icon @ Pasir Panjang?

Key Takeaway

Icon @ Pasir Panjang has 14 units listed for sale, spanning 2–5-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom7S$890k–S$1.55M
3-bedroom4S$1.78M–S$1.85M
5-bedroom3S$2.45M–S$2.45MS$1,371 psf
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

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
9

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.

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

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

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…
11

Frequently asked questions about Icon @ Pasir Panjang

How much does a unit at Icon @ Pasir Panjang cost?

Units at Icon @ Pasir Panjang have recently transacted around S$1.10M (S$1,342 psf), from 22 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Icon @ Pasir Panjang a good investment?

Gross rental yield is about 2.9%, and current asking prices sit about 2% above the most recent transacted PSF; median PSF has fallen about 20% since 2013. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Icon @ Pasir Panjang going up?

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

Is Icon @ Pasir Panjang freehold or leasehold?

Icon @ Pasir Panjang is freehold — ownership does not expire.

When was Icon @ Pasir Panjang built and who developed it?

Icon @ Pasir Panjang obtained TOP in 2015, developed by FRAGRANCE REALTY PTE LTD, with 18 units across 1 block.

How many units are for sale at Icon @ Pasir Panjang?

There are 14 units for sale at Icon @ Pasir Panjang, from S$890k to S$2.45M.

What is the nearest MRT to Icon @ Pasir Panjang?

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

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