Swee Homes

Icon

Icon is an apartment in District 2 (Chinatown / Tanjong Pagar), in the Core Central Region. In the 12 months to August 2026, the median price was S$1,766 psf from 28 sales.

At a glance

District
District 2 (Chinatown / Tanjong Pagar)
Region
Core Central Region
Type
Apartment
Tenure
99-year lease from 2002, about 75 years left
Completed
2007, about 19 years old

What the prices say

The median home in Icon sold for S$1,164,000: the middle of 28 sales in the 12 months to August 2026.

That is well below the middle condo project in District 2 (Chinatown / Tanjong Pagar), which sold at S$2,236 psf across 18 projects: about 21% lower. By price per square foot it ranks 11th of the 12 projects in the district that have a price to show, where 1st is the highest.

Year by year, the median was S$1,685 psf in 2021 (40 sales) and S$1,751 psf in 2026 so far (19 sales), up about 4%. The highest year in the record was 2024 at S$1,915 psf.

Higher floors sold for more here: floor 21 and above at S$1,855 psf against S$1,717 psf on floors 6 to 10, about 8% more per square foot (24 months).

By unit size (24 months): under 600 sq ft at S$1,846 psf, 600 to 899 sq ft at S$1,668 psf and 900 to 1,199 sq ft at S$1,905 psf. Larger homes cost more per square foot than smaller ones.

Against similar projects in the district

This project and the three others in District 2 (Chinatown / Tanjong Pagar) whose median over the last 12 months is closest to Icon's S$1,766 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.

Their middle figure is S$2,197 psf, so Icon sold well below it: about 20% lower.

Projects in District 2 (Chinatown / Tanjong Pagar) closest in price to Icon, 12 months to August 2026
ProjectMedian price per sq ftSales
IconS$1,766 psf28
76 ShentonS$2,035 psf14
Eon ShentonS$2,197 psf6
Skysuites@ansonS$2,239 psf20

What sells here

28 homes sold in the last 12 months, up from 22 in the 12 months before.

The most common size was under 600 sq ft, with 20 of the 50 sales in the last 24 months.

None of the 50 sales in the last 24 months were first sales of new units: all 50 were resales.

The first new sale in our records was in May 2003.

Rents and yield

Rental contracts that began in the 12 months to August 2026 had a median rent of S$4,250 a month (313 contracts). The district's median across every contract was S$4,500, so rents here ran a little below it: about 6% lower.

Over the 24 months the median rent was S$4,300 (626 contracts), about the same as the latest 12 months, within 2%.

By bedrooms: 1 bedroom S$4,100 (225) and 2 bedrooms S$6,000 (88). The figure in brackets is the number of contracts.

Setting rent against price for 600 to 899 sq ft homes (90 rentals and 12 resale or sub-sale transactions) gives a gross yield estimate of 4.4%: a median rent of S$4,325 a month against a median price of S$1,185,000. It is before maintenance, vacancy, tax and loan costs, and it uses middle values, so a particular home can differ.

Across 3 size ranges the estimate runs from 4.2% to 4.6%.

Under 600 sq ft: 4.6% (rent S$4,000 a month, price S$1,040,000) and 900 to 1,199 sq ft: 4.2% (rent S$6,000 a month, price S$1,730,000).

Age and lease

The title is a leasehold, so the years remaining shrink each year. The leases and tenure entry in the glossary explains what that means for a buyer.

Leases and tenure in the glossary

What this page cannot tell you

A median is the middle of many different homes in Icon. It does not describe one unit: its condition, facing, view, renovation, floor or stack can each move a price well away from the middle, and none of them is in the records behind this page.

The figures are recorded transactions, so they describe what has sold and not what is on the market now. They are not a valuation, and they say nothing about future prices.

Questions this page answers

What is the median price per square foot in Icon?

S$1,766 psf in the 12 months to August 2026, from 28 sales. For the median home that is S$1,164,000.

How many homes sold in Icon?

28 in the last 12 months and 50 in the last 24 months, across all sale types.

What do homes in Icon rent for?

The median rent for contracts that began in the 12 months to August 2026 was S$4,250 a month, from 313 contracts.

What is the rental yield in Icon?

Between 4.2% and 4.6% gross, depending on unit size. It is an estimate before costs, made from the median recorded rent and the median resale or sub-sale price for each size range.

How much lease is left in Icon?

It is a 99-year lease from 2002, which leaves about 75 years at 2026.

Figures from URA data, 12 months to August 2026. Rents to August 2026. General information, not financial advice.

The figures

Sale prices

Resale and new-sale prices for Icon
PeriodMedian price per sq ftMedian priceSales
Last 12 monthsS$1,766 psfS$1,164,00028
Last 24 monthsS$1,801 psfS$1,169,44450
Last 5 yearsS$1,819 psfS$1,180,000131

Source: URA data. Data as of August 2026.

Price by year

Median price per sq ft by year for Icon
YearMedian price per sq ftSales
2021S$1,685 psf40
2022S$1,797 psf20
2023S$1,867 psf32
2024S$1,915 psf30
2025S$1,801 psf20
2026 (to August)S$1,751 psf19

Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.

Price by floor range

Median price per sq ft by floor range for Icon, last 24 months
Floor rangeMedian price per sq ftSales
Floors 6 to 10S$1,717 psf6
Floors 11 to 15S$1,751 psf12
Floors 16 to 20S$1,892 psf7
Floor 21 and aboveS$1,855 psf25

Price by unit size

Median price per sq ft by unit size for Icon, last 24 months
SizeMedian price per sq ftSales
Under 600 sq ftS$1,846 psf20
600 to 899 sq ftS$1,668 psf18
900 to 1,199 sq ftS$1,905 psf12

The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.

Rent against price for Icon, by size

Rents

Rents for Icon
PeriodMedian rentContracts
Last 12 monthsS$4,250 a month313
Last 24 monthsS$4,300 a month626
Rents for Icon by bedrooms
BedroomsMedian rent, 12 monthsContractsMedian rent, 24 months
1 bedroomS$4,100 a month225S$4,100 a month
2 bedroomsS$6,000 a month88S$6,000 a month
3 bedroomsUnder 5 contracts0Under 5 contracts
4 or more bedroomsUnder 5 contracts0Under 5 contracts

Source: URA data, rental contracts. Rents are the median of the contracts that began in the period. Data as of August 2026.

Where to look next

What could a unit here sell for?

Condo Atlas can give an indicative value for a unit in Icon, with a likely range and the recent sales behind it. Sign in is free.

Open Icon in Condo Atlas

Other condos in District 2 (Chinatown / Tanjong Pagar)

About the data

Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.