Icb Shopping Centre

Overview

Sales

Rental

Surrounding

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Overview

Sales

Rental

Surrounding

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Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Description
Icb Shopping Centre is a freehold commercial property. The development occupies a land area of 1,446 sqm and a Gross Floor Area of 4,339 sqm.

ICB SHOPPING CENTRE is located along Yio Chu Kang Road in Hougang, in District 19. It is accessible through the nearest MRTs including Serangoon CC13, NE12 and Kovan NE13. Other nearby amenities include: 3 Grocerie(s): PRIME SUPERMARKET (1996) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): ICB Shopping Centre, Upper Serangoon Shopping Centre, NEX.

Based on transaction data in the last 12 months, the highest recorded transaction was S$ 906 psf in Aug 2011 for a 441 sqft unit for Office, S$ 1,858 psf in Mar 2023 for a 161 sqft unit for Shop. Its lowest recorded transaction was S$ 906 psf in Aug 2011 for a 441 sqft unit for Office, S$ 1,858 psf in Mar 2023 for a 161 sqft unit for Shop.

Buyers and tenants are attracted to District 19, which is comprised of Hougang, Punggol, Sengkang and Serangoon Gardens. These four areas are mostly residential with recreational and commercial amenities. Hougang is the largest HDB town in Singapore based on land area. Private houses can be found in the Lorong Ah Soo and Rosyth areas. Originally comprised of forests and pig-rearing farms, Hougang has evolved into a vibrant residential area with a wide array of amenities. These include a number of shopping malls, Hougang Sports Hall, and a bus interchange with a range of bus services to other parts of Singapore. Punggol is a relatively new residential estate in Singapore's North-East Region. Historically a fishing village resided by Malay settlers, Punggol is now a vibrant mix of residential developments and nature. Residents can leisurely cycle along the 4.2km-long Punggol Waterway or head to Coney Island, a 133ha island popular for jet skiing and camping. Sengkang has experienced rapid development since its early days as a fishing village. It is now a satellite residential town with a well-developed LRT system offering access to different parts of Sengkang. Sengkang also offers a wide array of work and play amenities, with the main shopping mall Compass One being Singapore's first thematic shopping centre based on the theme of learning.

The North-East Region is the second largest and most densely populated of the five regions in Singapore, with Sengkang being its most populous town. Spanning 13,810ha, the North-East Region is mainly a residential region and housing estate largely comprised of HDB flats. In addition to a myriad of amenities including hospitals, parks, schools and transport options, the region is also home to a few tourist attractions such as Pulau Ubin and Coney Island. Seletar Aerospace Park, which comprises of several aviation manufacturing and research facilities by companies such Rolls-Royce and Singapore Technologies Aerospace, provide employment opportunities to residents both within and beyond the region. Sengkang General Hospital, a 1000-bed hospital, is the largest in the region and is built to further the government's efforts to provide quality and accessible healthcare to all Singaporeans.
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What they say
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1
"Extremely limited and narrow parking"
C H
Google Review     |   31 Jul 2022
4
"This place bring back at lot of 70's memories!"
A** M******
Google Review     |   25 Mar 2021
5
"Free parking, got new Cafe and massage place, both quite good."
H*** D**
Google Review     |   05 Mar 2021
5
"An old mall, recently repainted, this mall was built in the late 60s and was the first Air Con mall in the whole Hougang."
J**** T**
Google Review     |   14 Oct 2020
4
"Nothing much in this place except a comic book store, a watch service centre, a salon and a place selling baby items. Very quiet. Toilets are inconveniently located behind the building. Its beside Pat's School House."
I**** I*****
Google Review     |   22 Feb 2019
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Nearby Amenities
Source: URA,  www.edgeprop.sg
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Sales Transaction of Yio Chu Kang Road

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Asking Price of ICB SHOPPING CENTRE

Source: URA, https://www.edgeprop.sg

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Rental Transactions of Yio Chu Kang Road

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Price Comparison with Nearby Properties (UP to 10)

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Note: *Based on URA Sales data in the last 12 months. **Based on 3rd-party Rental data in the last 12 months.

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Property News

Collective sale of ICB Shopping Centre in Serangoon for $60 mil

Property News

ICB Shopping Centre set for collective sale at $65-70 mil

FAQs about ICB SHOPPING CENTRE

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