D02 Tanjong Pagar

ICON

GOPENG STREET · District 02 · 99 yrs lease commencing from 2002

Median Price

S$1.2M

135 transactions

Price Range

S$990K - S$2.4M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$6.70 psf

per month

ICON Price Analysis

ICON is a leasehold development on GOPENG STREET in District 02 (Tanjong Pagar). According to URA transaction records, 135 private residential transactions have been recorded at this development, with a median price of S$1,190,000. Prices range from S$990K for the smallest units to S$2.4M for premium configurations.

The development offers units across 3 size categories. The most traded segment is 1-bed (50-70 sqm) at a median of S$1,080,000. Larger units (3-bed (100-130 sqm)) trade at S$1,920,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at ICON. High-floor units (46-50) command a median of S$2,200,000, while low-floor units (06-10) sell for S$1,060,000. That is a 108% premium for higher floors, worth S$1.1M in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, ICON commands an average of S$6.70 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 5.8%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

46-50

S$2.2M

1 txns

31-35

S$1.9M

7 txns

36-40

S$1.9M

13 txns

41-45

S$1.9M

7 txns

01-05

S$1.3M

4 txns

11-15

S$1.2M

19 txns

26-30

S$1.1M

19 txns

16-20

S$1.1M

26 txns

21-25

S$1.1M

24 txns

06-10

S$1.1M

15 txns

Price by Unit Size

Size Band	Median Price	Avg Size	Transactions
1-Bed (50-70 sqm)	S$1.1M	56 sqm	75
2-Bed (70-100 sqm)	S$1.6M	82 sqm	47
3-Bed (100-130 sqm)	S$1.9M	109 sqm	13

Current Listings

1-Bed sale

Javien Lee 李峙樑 · PROPNEX REALTY PTE. LTD.

S$1.4M

FAQ

What is the average price of ICON?

The median transaction price at ICON is S$1,190,000, based on 135 URA-recorded transactions. Prices range from S$990K to S$2.4M.

Does floor level affect prices at ICON?

Yes. High-floor units (46-50) sell for a median of S$2,200,000, while low-floor units (06-10) sell for S$1,060,000. That is a 108% premium for higher floors.

What is the rental rate at ICON?

The average rental rate at ICON is approximately S$6.70 per square foot per month, based on URA median rental data.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.