ICB SHOPPING CENTRE is a 99-year leasehold development along YIO CHU KANG ROAD in District 19 (Hougang / Punggol / Serangoon), part of the OCR segment of Singapore's private residential market. The project comprises a compact unit count and is an established secondary-market project.
This profile draws on 0 recorded transactions from URA REALIS to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
The project is in its mature or late-resale phase, where lease tenure (for leasehold stock), redevelopment optionality, and en-bloc potential all start to weigh more on the investment thesis than current rental yield.
Within District 19 (Hougang / Punggol / Serangoon), the immediate context for ICB SHOPPING CENTRE is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 0 sales and 5 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the ICB SHOPPING CENTRE dashboard.
- · OCR · D19
About ICB SHOPPING CENTRE
ICB SHOPPING CENTRE is a condominium, located at YIO CHU KANG ROAD in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region).
Rental Market Overview
ICB SHOPPING CENTRE has recorded 5 rental transactions with monthly rents averaging $3,230/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 5 | $3,230/mo | $1,700/mo | $5,200/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2023 | 4 | $2,788/mo |
| 2025 | 1 | $5,000/mo |
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Competing Condos in District 19
Side-by-side comparison against the most actively traded condos in District 19 (Punggol, Hougang, Serangoon Gardens):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | 916 | $2,596 psf | 860 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | 1410 | $1,746 psf | 844 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | 1451 | $1,589 psf | 622 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | 1012 | $1,699 psf | 596 |
| SERANGOON GARDEN ESTATE | Freehold | — | $1,735 psf | 462 |
Location Map
Map shows ICB SHOPPING CENTRE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- ICB SHOPPING CENTRE
- Serangoon MRT
- Serangoon MRT
- Kovan MRT
- Bartley MRT
- Cedar Girls'
- Cedar Primary School
- Zhonghua Secondary School
Nearby MRT Stations
ICB SHOPPING CENTRE is 750m from Serangoon MRT (North-East Line), with 4 stations within 1.5 km.
Nearby Schools
There are 21 schools within 2 km of ICB SHOPPING CENTRE, including 8 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Cedar Girls' Secondary School | Secondary | 240m |
| Cedar Primary School | Primary | 290m |
| Zhonghua Secondary School | Secondary | 490m |
| Zhonghua Primary School | Primary | 560m |
| Serangoon Secondary School | Secondary | 720m |
| Montfort Junior School | Primary | 910m |
| Xinmin Secondary School | Secondary | 920m |
| Montfort Secondary School | Secondary | 960m |
| Xinmin Primary School | Primary | 1.1 km |
| Yangzheng Primary School | Primary | 1.2 km |
| St. Gabriel's Primary School | Primary | 1.3 km |
| Holy Innocents' High School | Secondary | 1.3 km |
Walking-distance MRT. Serangoon is about 0.75km — within the conventional 10-minute walk threshold most tenants accept. The project benefits from the public-transport premium without the price compression that <500m flagship stations command.
School-belt proximity. Cedar Girls' Secondary School sits about 0.24km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Mature streetscape and amenity coverage. The immediate neighbourhood has the daily-living amenity profile of an established residential precinct — hawker centres, supermarkets, clinics, parks within a short walk or drive. The convenience compounds over a hold, even if no single amenity is a headline feature.
Thin transaction history. With only 0 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
District supply pipeline. Non-prime districts are more sensitive to GLS pipeline additions; check the URA Master Plan 2019 confirmed and provisional land sales schedule for the immediate 5-year window. New launches at 10-20% lower PSF can compress secondary-market resale velocity for 18-24 months around their launch dates.
[
{
"persona": "Young couple, first home",
"fit_color": "amber",
"reason": "Lease horizon constrains long-hold optionality"
},
{
"persona": "Family with school-age kids",
"fit_color": "green",
"reason": "Nearby schools support MOE registration priority"
},
{
"persona": "CBD commuter",
"fit_color": "green",
"reason": "Walking-distance MRT supports daily commute"
},
{
"persona": "Rental investor (yield-focused)",
"fit_color": "red",
"reason": "Thin transaction history makes underwriting fragile"
},
{
"persona": "Foreign professional (expat)",
"fit_color": "green",
"reason": "MRT plus mid-size facility suite typically meets expat-tenant criteria"
},
{
"persona": "Long-term hold (10+ yr)",
"fit_color": "amber",
"reason": "Plan exit timing around lease-decay thresholds"
}
]
Composite assessment: ICB SHOPPING CENTRE benefits from MRT proximity but the lease horizon or district position requires careful exit-timing planning. Active management of the hold matters more than passive accumulation. 0 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 5-8 years with monitored exit windows. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for ICB SHOPPING CENTRE?
What is the rental yield for ICB SHOPPING CENTRE?
Is ICB SHOPPING CENTRE freehold or leasehold?
How far is the nearest MRT from ICB SHOPPING CENTRE?
What is the tenure of ICB SHOPPING CENTRE?
How does ICB SHOPPING CENTRE compare to other projects in the district?
What stamp duty applies for a foreign buyer of ICB SHOPPING CENTRE?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Rental data: 5 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for ICB SHOPPING CENTRE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.