IKIGAI

New Launch
District 11CondominiumFreehold

Shrewsbury Road

Project research

Market overview

Explore 16 loaded sale records for IKIGAI. The latest recorded sale is from Jan 2026; use the price trend and transaction history below to assess the available evidence.

Median price psf

S$2,274 psf

-14.9% over comparison window

Average price psf

S$2,231 psf

Recent sales records

2

Latest recorded 6-month window

Sales records analysed

16

Latest loaded cohort, not lifetime total

Price psf trend

Latest project transactions

-14.9%

Project price per square foot

Recorded project trend · S$ per sqft

Project PSF
2,3702,2612,1532,0441,935Oct 2022May 2023Jan 2026

Observed unit mix

No unit mix data available.

Launch timeline

First recordApr 2022
Latest saleJan 2026
Completion2025
TenureFreehold

Market insight

Watch

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

Active resale dataTransit accessDistrict context

Unit mix

Unit typeN/AOn request
Unit typeN/AOn request

Price range

Unit typeFrom $3.29M
Unit typeFrom $4.29M

Estimated value today

HomeSale priceMonthly rent
969 sqft unitS$1,992,000S$4,250/mo

Based on recorded transactions to Aug 2026. An automated estimate from recorded transactions, not a valuation by a licensed valuer. Do not rely on it for a loan, sale or legal decision.

Value your own unit by size and floor →

Key facts

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

Buyer costs

Median price

$2,220,000

Based on project transactions

Active asking rent

No active rental listings

Median of active rental listings

Recent recorded rent

$4,100/mo

Median of 1 contracts in the last 6 months; latest Aug 2026

Indicative gross yield

Insufficient data

Annual active asking rent over median sale price

Nearby amenities

Transport

5

NOVENA MRT STATION

0.61 km · 7 min walk

More transport nearby

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

More education nearby

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

More convenience nearby

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

Site plan

IKIGAI site plan

Facilities

Electric Vehicle ChargingBicycle ParkGymOutdoor ShowerSwimming PoolKids Pool

Recent transactions

22 loaded transaction records

Latest recorded sale: Jan 2026

Sales records (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

Rental records (6)

Aug 2026

Non-landed Properties · SHREWSBURY ROAD

$4,100/mo · 600-700

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

Counts reflect loaded records, not the project’s lifetime total.

Data and methodology

Sales source: URA private residential data. Homejourney matches imported URA REALIS sale records by project name and, for generic project names, street. The 16 loaded sales are a sample of available records, not a lifetime total.

Homejourney calculates price per square foot from sale price and floor area where both are available. Median sale price uses loaded sales with a valid price and averages the two middle prices for an even sample. Average price per square foot also requires a valid floor area. The price trend uses a separate recent-record series. Check individual sale dates before comparing prices.

Recorded rents are separate from active rental listings. Listing rents are asking prices, not completed rental contracts. The rental count reflects loaded records, not every lease.

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 with price and floor-area data.

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.