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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, Nov 2026

Freehold
Tenure
$1,983
Avg $psf, 12 months
1
Sales, 12 months
2024
Completed
Ikigai

What brings you to Ikigai?

Buying here? Get a second opinion. A 3-bedder here sold for $3.8M in the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

Ikigai prices

Last 12 months
1
Sale
$1,983
Average $psf
$3.8M
Price
By bedroom type
Last 3 years
TypeSalesAvg $psfPrice rangeSize
2-Bedroom2 sales$2,322 psf$2.52M – $2.53M1,087 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.

By unit size
Last 3 years
SizeSalesAvg $psfAvg pricePrice range
900–1,099 sq ft2 sales$2,323 psfAvg $2.53M$2.52M – $2.53M
1,300–1,599 sq ft2 sales$2,143 psfAvg $3.29M$2.95M – $3.64M
1,600–1,999 sq ft1 sale$1,983 psf$3.8M
Average $psf by year
In 2025, sales here averaged $1,972 psf, 9% below the D11 average of $2,173 psf for private homes (condos, apartments and ECs).
This condoD11 average
Show as a table
YearThis condoD11 average
2026$1,983$2,580
2025$1,972$2,173
2024$2,320$2,214
2023$2,288$2,526
2022$2,209$2,161
Sales by year
16 sales since 2022; the busiest year was 2023 with 6. The 2026 bar covers Jan–Nov.
New saleResale
Show as a table
YearNew saleResaleTotal
2026011
2025011
2024303
2023606
2022505
Sales in the last two years
2 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
14 Jan 2026#05-XX1,916 sq ft · 3-Bedroom$3.8M$1,983 psfResale
20 Nov 2025#05-XX1,496 sq ft · 3-Bedroom$2.95M$1,972 psfResale
Compared with nearby condos
Compared with D11 and the five nearest similar condos · average $psf and price, all unit sizes

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

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

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. A sale only appears once a caveat is lodged with URA, and not every buyer lodges one, so a unit with no sale shown is not necessarily available.

Source: Developer brochure; URA caveats, Nov 2026

05 — Location

Near Ikigai

MRT stations
NS Novena 680 m · 8 min walk
NE Farrer Park 1.4 km · 16 min walk
DTNS Newton 1.6 km · 19 min walk
NEDT Little India 1.9 km · 23 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
St. Joseph's Institution Junior 200 m · 4 min walk
Farrer Park Primary School 720 m · 14 min walk
Within 2 km
Anglo-Chinese School (Junior)Popular 1.2 km · 24 min walk
Hong Wen SchoolPopular 1.2 km · 19 min walk
Anglo-Chinese School (Primary)Popular 1.3 km · 21 min walk
St. Margaret's School (Primary)Popular 1.5 km · 39 min walk
CHIJ Primary (Toa Payoh)Popular 1.8 km · 28 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. 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, Nov 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, Nov 2026

07 — From Stacked

Read more about 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?

1 sale in the last 12 months averaged $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 1.4 km 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, Nov 2026