RPS · Resale Project Scorecard
Icon — Grade B
RPS score 5.54/10 · D02 · Chinatown, Tanjong Pagar · 646 units · scored across 7 weighted factors — methodology published.
99YR · CapitaLand · TOP 2007
Solid, middle-of-the-pack project. Standout strengths: project size, MRT access. Key weaknesses: schools, capital appreciation.
Factor breakdown
- Project's Historical Performance25% weight
- 1/10
- Primary School Effect20% weight
- 3/10
- Project Size16% weight
- 10/10
- MRT Proximity13% weight
- 9/10
- Rental Yield10% weight
- 8/10
- Tenure10% weight
- 7/10
- Future Transformation6% weight
- 7/10
Avg Ann. of +1.29% — bottom 9% within its 2007-era cohort. Weak capital appreciation, even when judged against vintage peers.
1 primary school within 1km (CANTONMENT PRIMARY SCHOOL, 0.51km away). Adequate but narrow school optionality.
646 units — ideal scale for liquidity and facilities without crowding. Typically the sweet spot for resale turnover.
210m from Tanjong Pagar Mrt Stn (EW15) — direct, walk-in MRT access. Strong commuter appeal.
Rental yield of 4.07% — strong income return.
99YR tenure — about 75 years remaining; some long-term decay exposure but not imminent.
Strong future-catalyst exposure — closest driver: Cantonment MRT (CC33, CCL6) at 0.28km. Well positioned for the URA DMP2025 / LTA upcoming-MRT pipeline; expect tangible neighbourhood-level upside.
Primary schools within 1km: Cantonment Primary School.
The verdict· Scores updated September 2026
Icon scores 5.54 out of 10 on the TRIBE Resale Project Scorecard, Grade B, ranking 1502nd of 2,357 resale condos scored in Singapore and 9th of 19 in District 2 (Chinatown, Tanjong Pagar). Its strongest factors are Project Size (10/10) and MRT Proximity (9/10); its weakest is Project's Historical Performance (1/10). Solid, middle-of-the-pack project. Standout strengths: project size, MRT access. Key weaknesses: schools, capital appreciation.
See all 19 scored condos in District 2 (Chinatown, Tanjong Pagar) →
RPS · Resale Project Scorecard
Recent resale transactions at Icon
12 months to September 2026 (Oct 2025 – Sep 2026): 29 resale transactions, median $1,767 psf, median price $1.16M. Median PSF is down 3.6% on the previous 12 months (Oct 2024 – Sep 2025, $1,833 psf).
| Period | Transactions | Median PSF | Median price |
|---|---|---|---|
| Oct–Dec 2025 | 9 | $1,789 psf | $1.18M |
| Jan–Mar 2026 | 5 | $1,772 psf | $1.10M |
| Apr–Jun 2026 | 10 | $1,790 psf | $1.12M |
| Jul–Sep 2026 | 5 | $1,657 psf | $1.16M |
| 12-month total | 29 | $1,767 psf | $1.16M |
Aggregates of URA REALIS resale caveats (data to September 2026). A specific unit's value depends on floor, size, facing and condition — for a unit-level read, use the Resale Price Check.
Icon: frequently asked questions
Answers generated from the scorecard data — RPS rank 1502nd of 2,357, scores updated September 2026.
- Is Icon a good buy in 2026?
- Icon scores 5.54/10 on the TRIBE Resale Project Scorecard (Grade B), which places it 1502nd of 2,357 Singapore resale condos and 9th of 19 in District 2 (Chinatown, Tanjong Pagar). Solid, middle-of-the-pack project. Standout strengths: project size, MRT access. Key weaknesses: schools, capital appreciation. RPS scores project-level demand fundamentals — not a specific unit or its asking price — so read the grade as a screen: it tells you whether the drivers of resale demand are present, and the price you pay still decides the outcome.
- What is the average PSF at Icon?
- In the 12 months to September 2026 (Oct 2025 – Sep 2026), URA REALIS records 29 resale transactions at Icon, at a median of $1,767 psf and a median price of $1.16M (range $1,489 psf to $1,978 psf). The median PSF is down 3.6% on the previous 12 months (Oct 2024 – Sep 2025, $1,833 psf). Figures are aggregates of caveats lodged with URA; a specific unit's value depends on floor, size, facing and condition.
- How far is Icon from the nearest MRT station?
- Icon is about 210m from Tanjong Pagar MRT (EW15), scoring 9/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does Icon compare with Dorsett Residences?
- Dorsett Residences is the project scored next to Icon on the District 2 ranking: 5.54 (Grade B) against Icon's 5.54 (Grade B). Icon scores higher on Project Size (10 vs 3) and Rental Yield (8 vs 7); Dorsett Residences scores higher on Project's Historical Performance (1 vs 5) and MRT Proximity (9 vs 10).
- Which primary schools are within 1km of Icon?
- One primary school is within 1km of Icon: Cantonment Primary School. 1 primary school within 1km (CANTONMENT PRIMARY SCHOOL, 0.51km away). Adequate but narrow school optionality. Icon scores 3/10 on the Primary School Effect factor (20% of the RPS score), which weights each school by its recent P1 ballot demand.
- What is the tenure of Icon, and how big is the project?
- Icon is 99-year leasehold, completed in 2007, has 646 units, developed by CapitaLand. 99YR tenure — about 75 years remaining; some long-term decay exposure but not imminent. 646 units — ideal scale for liquidity and facilities without crowding. Typically the sweet spot for resale turnover. Tenure carries 10% of the RPS score and Project Size 16%.
Scored either side of Icon in Chinatown, Tanjong Pagar
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.
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