Collective Sale – No. 6 Yio Chu Kang

The current ICB Shopping Center is slated for a collective sale. The freehold site of 15,500 square feet has a mixed zoning of commercial and residential with a plot ratio of 3.0. Gross floor area is approximately 46,600 square feet. The site is prominently situated at the corner of Yio Chu Kang and Upper Serangoon and has good visibility to passing traffic. The surroundings have good schools, shopping malls (Heartland and Nex) and many eateries. It lies between the route of Kovan and Serangoon MRTs. The tender of the site is expected by the end of 2016 or early 2017 whichever is appropriate