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Singapore Property News, Insights and Analysis

Completed 2024

Ikigai

D11 · Newton / Novena · 38 Shrewsbury Road

A 16-unit freehold condo in D11, completed in 2024. Developed by Opulent Development Pte Ltd (Prime Developments Pte Ltd).

Source: Developer brochure; URA caveats, Sep 2026

Freehold
Tenure
$1,978
Avg $psf, 12 months
2
Sales, 12 months
2024
Completed
Ikigai
02 — Prices

Ikigai prices

Last 12 months
2
Sales
$1,978
Average $psf
$1,972 – $1,983
$psf range
$2.95M – $3.8M
Price range
By bedroom type
Last 3 years
TypeSalesAvg $psfPrice rangeSize
2-Bedroom3 sales$2,305 psf$2.2M – $2.53M969–1,087 sq ft
3-Bedroom3 sales$2,090 psf$2.95M – $3.8M1,496–1,916 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

Average $psf by year
2022
$2,209
2023
$2,288
2024
$2,320
2025
$1,972
2026
$1,983
Latest five sales
DateSizePrice$psf
14 Jan 20261,916 sq ft · 3-Bedroom$3.8M$1,983 psf
20 Nov 20251,496 sq ft · 3-Bedroom$2.95M$1,972 psf
11 Jun 20241,572 sq ft · 3-Bedroom$3.64M$2,314 psf
27 Feb 20241,087 sq ft · 2-Bedroom$2.52M$2,318 psf
19 Feb 20241,087 sq ft · 2-Bedroom$2.53M$2,327 psf
Compared with nearby condos

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Sep 2026. The 2026 average covers Jan–Sep.

03 — Unit mix

Ikigai floor plans by bedroom type

7 layouts across 16 units, from a 603 sq ft 1-bedroom to a 1,915 sq ft two-level penthouse. Pick a type to see its floor plans.

Source: Developer brochure

04 — Layout and stacks

Ikigai stack plan

1-Bedroom 2-Bedroom Penthouse Two-level unit Has a recorded sale

Tap a unit for its size, price and floor plan.

Block 384 units per floor · levels 2–6
#01#02#03#04 L6L5L4L3L2

Based on 16 sales with a recorded unit number.

Source: Developer brochure; URA caveats, Sep 2026

05 — Location

Near Ikigai

MRT stations
NS Novena 680 m · 8 min walk
NE Farrer Park 970 m
DTNS Newton 1.1 km
NEDT Little India 1.2 km

Walking times are estimates based on OneMap walking routes; stations without one are straight-line distances. Check OneMap for your exact route.

Primary schools
Within 1 km
St. Joseph's Institution Junior 200 m
Farrer Park Primary School 720 m
Within 2 km
Anglo-Chinese School (Junior)Popular 1.2 km
Hong Wen SchoolPopular 1.2 km
Anglo-Chinese School (Primary)Popular 1.3 km
St. Margaret's School (Primary)Popular 1.5 km
CHIJ Primary (Toa Payoh)Popular 1.8 km

Based on straight-line distance only. Check the MOE website for confirmation.

Everyday amenities
Park Pek Kio Park 650 m · 8 min
Clinic Edgedale Medical Clinic (Cambridge) 850 m · 10 min
Supermarket FairPrice 780 m · 9 min
Hawker centre Pek Kio Market and Food Centre 640 m · 8 min
Map of the area around Ikigai, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Sep 2026

06 — Nearby

Condos and supply around Ikigai

Upcoming supply
Dorset Road590 m · about 404 units · 1.04 ha Awarded · $14,405 psm GFA · Oct 2025
Kitchener Link1.3 km · about 140 units · 0.42 ha Available for application
Peck Hay Road1.4 km · about 299 units · 0.55 ha Awarded · $20,076 psm GFA · Jun 2026
Lorong 1 Toa Payoh2.2 km · about 735 units · 1.57 ha Awarded · $14,640 psm GFA · Nov 2023

Source: URA transactions; URA land sales; OneMap distances, Sep 2026

07 — From Stacked

Stacked articles mentioning Ikigai

33 more articles mention Ikigai.

Source: Stacked Homes editorial

08 — FAQ

Questions about Ikigai

Is Ikigai freehold?

Yes. Ikigai is a freehold condo.

When was Ikigai completed?

2024.

How many units does Ikigai have?

16 units, up to five storeys.

What sizes are the 1-bedroom units?

603 to 635 sq ft across two layouts.

What is the price psf at Ikigai?

2 sales in the last 12 months averaged $1,978 psf, ranging from $1,972 to $1,983 psf.

What did the latest sale go for?

A 1,916 sq ft unit sold for $3.8M ($1,983 psf) on 14 Jan 2026.

What is the nearest MRT station?

Novena (NS), an 8-minute walk (680 m). Farrer Park (NE) is 970 m away.

Which primary schools are within 1 km?

St. Joseph's Institution Junior, 200 m away and Farrer Park Primary School, 720 m away.

Who developed Ikigai?

Opulent Development Pte Ltd (Prime Developments Pte Ltd). The architect is ipli Architects.

Answers generated from the data on this page, Sep 2026