IKIGAI
District 11 · SHREWSBURY ROAD
Overview
IKIGAI is a freehold condominium in District 11, Singapore, completed in 2025 with 16 units. The average transacted price is $2,231/sqft based on 16 recorded transactions. Nearby MRT: NOVENA MRT STATION, FARRER PARK MRT STATION.
Price Trends
Price Data (SGD)
Developer:Opulent Development Pte Ltd
IKIGAI
Property Summary
Location
38 Shrewsbury Road, District 11
Tenure
Freehold
Units
16
Completion
2025 (TOP expected May 2026)
Developer
Opulent Development Pte. Ltd.
Floors/Blocks
1 block (low-rise)
Site Area
1,028.1 sqm / 11,065.44 sqft
Information is subject to change and should be verified independently.
Available in multiple languages
Nearby Transport
- NOVENA MRT STATIONExit A0.61 km • 7 min walk
- FARRER PARK MRT STATIONExit D1.08 km • 13 min walk
Nearby Transport
Nearby Transport
- NOVENA MRT STATIONExit A0.61 km • 7 min walk
- FARRER PARK MRT STATIONExit D1.08 km • 13 min walk
Nearby Schools
Nearby Schools
- ST. JOSEPH'S INSTITUTION JUNIORPRIMARY0.20 km away
- FARRER PARK PRIMARY SCHOOLPRIMARY0.72 km away
- NORTHLIGHT SCHOOLSECONDARY0.94 km away
- ANGLO-CHINESE SCHOOL (JUNIOR)PRIMARY1.19 km away
- HONG WEN SCHOOLPRIMARY1.21 km away
Nearby Supermarkets
Nearby Supermarkets
- FAIRPRICE0.54 km away•NTUC FAIRPRICE CO-OPERATIVE LTD
- COLD STORAGE0.63 km away•COLD STORAGE SINGAPORE (1983) PTE LTD
- Sol Mart0.69 km away•SOL MART PTE. LTD.
- DON DON DONKI0.69 km away•PAN PACIFIC RETAIL MANAGEMENT (SINGAPORE) PTE. LTD.
- Mmmm!0.69 km away•WATER TIGER TRADING PTE. LTD.
Eligibility Check
Estimate stamp duty based on your buyer profile
Stamp duty data is currently unavailable for this property.
Neighbourhood Amenities
Transport
2- NOVENA MRT STATION
- FARRER PARK MRT STATION
Education
11- ST. JOSEPH'S INSTITUTION JUNIOR
- FARRER PARK PRIMARY SCHOOL
- NORTHLIGHT SCHOOL
- +8 more nearby
Convenience
10- FAIRPRICE
- COLD STORAGE
- Sol Mart
- +7 more nearby
Rental Yield
Estimated gross yield for investors
Gross Yield
3.1%
AttractiveMonthly Rent
$5,800/mo
Median rental price
Annual Rental Income
$69,600/yr
Based on median rent
Recent Transactions
(16 of 16)| Date | Project Name | Address | Size (sqm) | Price | PSF | Floor | Type | Segment | District | Tenure |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-01 | IKIGAI | SHREWSBURY ROAD | 178 sqm (1916 sqft) | $3,800,000 | $1983/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2025-11 | IKIGAI | SHREWSBURY ROAD | 139 sqm (1496 sqft) | $2,950,000 | $1972/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2024-06 | IKIGAI | SHREWSBURY ROAD | 146 sqm (1572 sqft) | $3,635,800 | $2314/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2024-02 | IKIGAI | SHREWSBURY ROAD | 101 sqm (1087 sqft) | $2,520,000 | $2318/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2024-02 | IKIGAI | SHREWSBURY ROAD | 101 sqm (1087 sqft) | $2,530,000 | $2327/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2023-10 | IKIGAI | SHREWSBURY ROAD | 90 sqm (969 sqft) | $2,200,000 | $2271/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2023-06 | IKIGAI | SHREWSBURY ROAD | 90 sqm (969 sqft) | $2,240,000 | $2312/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2023-05 | IKIGAI | SHREWSBURY ROAD | 59 sqm (635 sqft) | $1,480,000 | $2330/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2023-04 | IKIGAI | SHREWSBURY ROAD | 90 sqm (969 sqft) | $2,259,907 | $2333/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2023-03 | IKIGAI | SHREWSBURY ROAD | 56 sqm (603 sqft) | $1,352,800 | $2244/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2023-02 | IKIGAI | SHREWSBURY ROAD | 59 sqm (635 sqft) | $1,421,200 | $2238/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2022-11 | IKIGAI | SHREWSBURY ROAD | 59 sqm (635 sqft) | $1,445,760 | $2277/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2022-10 | IKIGAI | SHREWSBURY ROAD | 101 sqm (1087 sqft) | $2,480,000 | $2281/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2022-07 | IKIGAI | SHREWSBURY ROAD | 59 sqm (635 sqft) | $1,391,750 | $2191/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2022-04 | IKIGAI | SHREWSBURY ROAD | 56 sqm (603 sqft) | $1,315,000 | $2182/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2022-04 | IKIGAI | SHREWSBURY ROAD | 56 sqm (603 sqft) | $1,280,000 | $2124/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
Market Statistics
Properties For Sale (4)
Properties For Rent (2)
Frequently Asked Questions
What is the average price per square foot (PSF) for IKIGAI?
The average transacted price for IKIGAI is $2,231/sqft based on 16 recorded transactions.
Where is IKIGAI located?
IKIGAI is located in District 11, near NOVENA, FARRER PARK MRT, Singapore.
Is IKIGAI freehold or leasehold?
IKIGAI is a freehold property.
When was IKIGAI completed?
IKIGAI was completed in 2025.
What schools are near IKIGAI?
Schools near IKIGAI include ST. JOSEPH'S INSTITUTION JUNIOR, FARRER PARK PRIMARY SCHOOL, NORTHLIGHT SCHOOL, ANGLO-CHINESE SCHOOL (JUNIOR), HONG WEN SCHOOL.
Who developed IKIGAI?
IKIGAI was developed by Opulent Development Pte Ltd.
Who is eligible to buy at IKIGAI?
IKIGAI is a private property open to all buyers including foreigners. Singapore Citizens pay no Additional Buyer's Stamp Duty (ABSD) on their first property, while Permanent Residents pay 5% and foreigners pay 60% ABSD.
Is IKIGAI a good investment?
IKIGAI has recorded 16 transactions at an average of $2,231/sqft in District 11. Prospective investors should compare these figures with nearby developments and consider factors like lease tenure, unit size, and rental demand.
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