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IKIGAI

IKIGAI

New Launch

District 11 | Shrewsbury Road

Developed by Prime Developments

Tenure
Freehold
Est. TOP
Q4 2024
Total units
16
Unit mix
On request
Compare projects
Units & pricesPrice psfProject factsLocationTransactionsFAQs

Unit mix

Unit typeN/AOn request
Unit typeN/AOn request

Price range

Unit typeFrom $3.29M
Unit typeFrom $4.29M
Projects›IKIGAI

Projects analysis

IKIGAI

D11 · SHREWSBURY ROAD

OverviewPrice psfUnit mixLaunch timelineComparablesKai insightLocationTransactions

Median price

S$2,277 psf

-14.9% vs last 6m

Avg. price

S$2,231 psf

Volume (6m)

2 units

Take-up rate

100%

Units sold

16 / 16

Price psf trend

Latest project transactions

-14.9%
$2,333$2,153$1,972Oct 2022Jan 2026

Unit mix

No data

No unit mix data available.

Launch timeline

First recordApr 2022
Latest saleJan 2026
Completion2025
TenureFreehold

Comparable projects

10 EVELYND11Private10 SHELFORDD11Private18 SHELFORDD11Private1 MOULMEIN RISED11Private

Kai insight

Watch

IKIGAI shows negative PSF movement of 14.9% across the available transaction window, with 16 recorded sales. Average pricing is S$2,231 psf.

Active resale dataTransit accessDistrict context
View all Kai analysis

Project facts

Address
Shrewsbury Road
Tenure
Freehold
Completion
2024-12-31T16:00:00+00:00
Total units
16
Developer
Prime Developments

Site plan

IKIGAI site plan

Facilities

Electric Vehicle ChargingBicycle ParkGymOutdoor ShowerSwimming PoolKids Pool

Location amenities

Transport

5

NOVENA MRT STATION

0.61 km · 7 min walk

NOVENA MRT STATION

0.63 km · 8 min walk

FARRER PARK MRT STATION

1.08 km · 13 min walk

FARRER PARK MRT STATION

1.11 km · 13 min walk

Education

11

ST. JOSEPH'S INSTITUTION JUNIOR

PRIMARY · 0.20 km away

FARRER PARK PRIMARY SCHOOL

PRIMARY · 0.72 km away

NORTHLIGHT SCHOOL

SECONDARY · 0.94 km away

ANGLO-CHINESE SCHOOL (JUNIOR)

PRIMARY · 1.19 km away

Convenience

10

FAIRPRICE

0.36 km away · NTUC FAIRPRICE CO-OPERATIVE LTD

COLD STORAGE

0.42 km away · COLD STORAGE SINGAPORE (1983) PTE LTD

Sol Mart

0.46 km away · SOL MART PTE. LTD.

FAIRPRICE

0.46 km away · NTUC FAIRPRICE CO-OPERATIVE LTD

Buyer costs

Median price

$2,240,000

Based on project transactions

Buyer's Stamp Duty

$89,098

Before ABSD profile changes

Down payment

$597,488

25% estimate

Monthly payment

$8,974/mo

25-year loan at 3.5%

Median rent

No rental data

Based on active rentals

Gross yield

Insufficient data

Annual rent over median price

Recent transactions

21 transaction records

Sales (16)

Jan 2026

Apartment · 38 SHREWSBURY ROAD #05-01

$3,800,000 · $1,983 psf

Nov 2025

Apartment · 38 SHREWSBURY ROAD #05-02

$2,950,000 · $1,972 psf

Jun 2024

Apartment · 38 SHREWSBURY ROAD #05-04

$3,635,800 · $2,314 psf

Feb 2024

Apartment · 38 SHREWSBURY ROAD #02-01

$2,520,000 · $2,318 psf

Feb 2024

Apartment · 38 SHREWSBURY ROAD #03-01

$2,530,000 · $2,327 psf

Oct 2023

Apartment · 38 SHREWSBURY ROAD #02-02

$2,200,000 · $2,271 psf

Jun 2023

Apartment · 38 SHREWSBURY ROAD #03-02

$2,240,000 · $2,312 psf

May 2023

Apartment · 38 SHREWSBURY ROAD #03-03

$1,480,000 · $2,330 psf

Rentals (5)

Apr 2026

Non-landed Properties · SHREWSBURY ROAD

$3,850/mo · 600-700

May 2025

Non-landed Properties · SHREWSBURY ROAD

$3,700/mo · 600-700

Apr 2025

Non-landed Properties · SHREWSBURY ROAD

$3,800/mo · 600-700

Apr 2025

Non-landed Properties · SHREWSBURY ROAD

$4,000/mo · 600-700

Mar 2025

Non-landed Properties · SHREWSBURY ROAD

$6,000/mo · 1000-1100

Market review

IKIGAI is a freehold apartment development located in District 11 within the Newton and Novena planning areas. The project features a median transaction price of $2,389,954 with a median PSF of $2,273.751.

AI-generated analysis based on available market data. Last updated Jun 2026.

Frequently asked questions

What is the tenure and district of IKIGAI?

IKIGAI is a freehold apartment located in District 11, which encompasses the Newton and Novena areas. The median transaction price for this development is currently $2,389,954.

What are the recent price trends for units at IKIGAI?

Recent transactions show a PSF range between $1,972 and $2,333. For example, a 1,572 sqft unit was transacted at $3,635,800 in June 2024, which equates to $2,314 psf.

What is the typical size of units transacted at this development?

Based on recent transaction data, unit sizes range from 1,087 sqft to 1,916 sqft. The largest recorded transaction in the provided data was for a 1,916 sqft unit sold in January 2026 for $3,800,000.

How many transactions have been recorded for IKIGAI?

There have been a total of 16 transactions recorded for IKIGAI. These transactions result in a median PSF of $2,273.751 for the project.

What is the entry price for a smaller unit at IKIGAI?

In February 2024, two units of 1,087 sqft were transacted at $2,520,000 and $2,530,000 respectively. This reflects an entry price point of approximately $2,318 to $2,327 per square foot.

How does the price per square foot differ between unit sizes?

Larger units show a lower PSF, such as the 1,916 sqft unit at $1,983 psf and the 1,496 sqft unit at $1,972 psf. Conversely, smaller 1,087 sqft units have transacted at higher PSF levels exceeding $2,300.