ICON

CONDO REVIEW: ICON

ICON is a 99-year leasehold condo at 10 Gopeng Street, and sits on top of Icon Village which is a shopping mall with a number of lunch and dinner places, including a 7-Eleven outlet. It is next to Tanjong Pagar MRT station.

Completed in 2006, ICON has two towers, scaling 40 and 46 storeys, and comprises 646 units with city or sea view. Units come in various sizes from 560 sf (for 1 bedroom) to 1281sf (for 3 bedroom). 2-bedroom units are typically about 900sf. All units are North-South facing.

The developer is Far East. As background, this project was launched at average $694sf in 2003, and was very well received, with young affluent buyers as its target. This condo has ample facilities. There is a 50m lap pool, tennis courts and BBQ pits on the 7th floor, with a clubhouse, gym and outdoor terrace area on the 31st.

One slight disadvantage is that the long corridors are quite narrow (resembling the cold ambience of hotels), and it may be better to get the units at the extreme ends of the corridor (namely, stacks 1, 2, 25 and 26, which also have the better views). The reception lobby is on the 2nd floor and is a bit difficult to find.

Overall, this condo will appeal to young urbanites (whether as owner-occupiers or tenants), because the Central Business District and the new Marina Bay downtown are practically at your doorstep. The new Tanjong Pagar Centre and Tanjong Pagar MRT Station are also right next door You will also be a stone’s throw away from the entertainment enclaves of Duxton Hill and Club Street, with their many restaurants and pubs.

In many global cities around the world, living in the financial district is a privilege and will cost a bomb, but uniquely in Singapore, you can still get a good unit at the ICON for the same price ( in terms of psf) as some new condo launches in the outlying suburbs!

Mike | Orange Tee & Tie
98280030 | https://www.property2030.com

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