Homy

Condominium Project Intelligence

IKIGAI

SHREWSBURY ROAD
District 11TOP 2024Freehold16 UnitsCCR
490 mNOVENA MRT STATION
$3.38MMedian transacted price
2Transactions in latest 12 months
1,201–1,500 sqftMost popular unit size

Market Snapshot

At Peak
At 12-Month High
Peak: 1 月 2026Based on latest 12 months
▲ +28.8%
From 12-Month Low
Low: 11 月 2025Based on latest 12 months
▼ -2.0%
Vs District Median PSF
Below District 11 medianBased on latest 12 months
▼ -10.7%
Vs CCR Median PSF
Below CCR medianBased on latest 12 months
12.5%
12M Turnover Rate
2 sales / 16 units
Latest 12-month sales
2
Up to latest imported transaction
Median transacted price
$3.38M
Latest 12 months
Median PSF
$1,978
Latest 12 months
Typical recorded price range
$3.12M – $3.63M
20th to 80th percentile
Latest transacted price
$3.8M
1,916 sqft · 1 1 月 2026

Historical transaction information is presented for market research and does not constitute a valuation or investment recommendation.

Data Source: Urban Redevelopment Authority (URA)Data up to: 8 月 2026Last updated: 13 8 月 2026

Location & Nearby Amenities

Explore IKIGAI and nearby amenities. Distances shown are straight-line estimates from the property.

Nearby Amenities

Closest amenities from IKIGAI. Distances are straight-line estimates.

MRT / LRT

  • NOVENA MRT STATION490 mTHOMSON ROAD
  • FARRER PARK MRT STATION970 mRACE COURSE ROAD
  • NEWTON MRT STATION1.1 kmBUKIT TIMAH ROAD

Primary Schools

  • ST. JOSEPH'S INSTITUTION JUNIOR180 mESSEX ROAD
  • FARRER PARK PRIMARY SCHOOL720 mFARRER PARK ROAD
  • HONG WEN SCHOOL1.2 kmTOWNER ROAD
  • ANGLO-CHINESE SCHOOL (JUNIOR)1.2 kmWINSTEDT ROAD
  • ANGLO-CHINESE SCHOOL (PRIMARY)1.3 kmBARKER ROAD

Secondary Schools

  • NORTHLIGHT SCHOOL940 mTOWNER ROAD
  • ANGLO-CHINESE SCHOOL (BARKER ROAD)1.3 kmBARKER ROAD
  • BENDEMEER SECONDARY SCHOOL1.6 kmST WILFRED ROAD
  • CHIJ SECONDARY (TOA PAYOH)1.7 kmLORONG 1 TOA PAYOH

Post-Secondary

  • CATHOLIC JUNIOR COLLEGE1.5 kmWHITLEY ROAD
  • ST. JOSEPH'S INSTITUTION2.2 kmMALCOLM ROAD
  • ST. ANDREW'S JUNIOR COLLEGE2.4 kmSORBY ADAMS DRIVE

MOE Kindergartens

  • MOE KINDERGARTEN @ FARRER PARK720 mFARRER PARK ROAD

Hawker Centres

  • Cambridge Road Blk 41A (Pek Kio Market and Food Centre)370 mCambridge Road
  • Whampoa Drive Blk 91/92 (Whampoa Drive Makan Place/Whampoa Market)960 mWhampoa Drive
  • Whampoa Drive Blk 90 (Whampoa Drive Makan Place/Whampoa Food Centre)1.0 kmWhampoa Drive

Hospitals

  • TAN TOCK SENG HOSPITAL320 mJALAN TAN TOCK SENG
  • REN CI COMMUNITY HOSPITAL580 mIRRAWADDY ROAD

Parks

  • PEK KIO PARK280 m
  • THOMSON RD PG450 m
  • CAMBRIDGE PARK480 m

Libraries

  • Toa Payoh Library1.8 kmToa Payoh Central
  • Orchard Library2.1 kmOrchard Road

Community Clubs

  • Pek Kio CC690 mGloucester Road
  • Cairnhill CC1.3 kmAnthony Road

Sport Facilities

  • Toa Payoh Sport Centre1.4 kmLorong 6 Toa Payoh
  • SAFRA CLUBHOUSE (TOA PAYOH)1.5 kmLOR 6 TOA PAYOH
  • Jalan Besar Sport Centre1.6 kmTyrwhitt Road

Market Position & Nearby Transactions

How IKIGAI compares with District 11 projects and transactions recorded within 1 km over the latest 12 months.

Project Median PSF$1,9782 project sales
District 11 Median PSF$2,017Median across district projects with recorded sales
Difference vs District-2.0%Below district median
Transactions Within 1 km29Recorded in the latest 12 months

Position Within District 11

IKIGAI is more affordable than 57% of District 11 projects with recorded sales.
Lower PSFDistrict medianHigher PSF
55of 127 District 11 projects with recorded sales
District reference range$1,426 – $2,700 psf

Comparable Condos Within 1 km

Up to 20 nearest eligible condominium and EC projects. PSF (M) means median PSF for the latest 12 months.

20 projects
ProjectDistanceTOP / AgeUnits12M SalesPSF (M)
LA NOUVELLE61 m200323 yrs old0
MULBERRY TREE114 m201214 yrs old321$1,803
SUITES @ SHREWSBURY126 m201412 yrs old151$2,115
APLETON VIEW155 m200521 yrs old2$1,972
1 MOULMEIN RISE162 m200323 yrs old2$2,333
LA MAISON180 m200026 yrs old1$1,906
THE SPRINGS184 m200323 yrs old4$1,979
CITY EDGE201 m200818 yrs old490
NOVELIS205 m200917 yrs old241$1,877
GRAND TOWER227 m0
BIRMINGHAM MANSIONS242 m199828 yrs old2$1,886
ADRIA246 m201511 yrs old1053$2,046
NEU AT NOVENA249 m20251 yrs old411$2,840
THE HUNTINGTON252 m200026 yrs old0
LION TOWERS279 m1$1,896
6 DERBYSHIRE279 m20179 yrs old1684$1,971
DERBY COURT280 m197848 yrs old0
FYVE DERBYSHIRE280 m20242 yrs old716$2,479
ULTRA MANSION280 m0
TREASURE LOFT281 m200620 yrs old0

Nearby Transactions by Unit Size

Transactions from eligible condominium and EC projects within 1 km during the latest 12 months.

<500 sqft Nearby Average Price Trend

<500 sqft Nearby Transaction Volume

<500 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2025-111$815K$815K$815K$1,803
2025-101$705.9K$705.9K$705.9K$2,115
<500 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
MULBERRY TREEApt321$815K$1,803
SUITES @ SHREWSBURYApt151$705.9K$2,115

500–780 sqft Nearby Average Price Trend

500–780 sqft Nearby Transaction Volume

500–780 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-062$1.26M$990K$1.53M$1,980
2026-031$980K$980K$980K$1,858
2026-021$1.4M$1.4M$1.4M$2,501
2025-111$1.6M$1.6M$1.6M$2,437
2025-102$1.41M$950K$1.87M$2,340
2025-091$1.07M$1.07M$1.07M$1,837
2025-081$1.49M$1.49M$1.49M$2,723
500–780 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
6 DERBYSHIRECondo1683$1.15M$1,927
FYVE DERBYSHIREApt712$1.5M$2,469
NEU AT NOVENAApt412$1.68M$2,782
ADRIAApt1051$1.07M$1,837
NOVELISApt241$990K$1,877

781–1,000 sqft Nearby Average Price Trend

781–1,000 sqft Nearby Transaction Volume

781–1,000 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-051$1.89M$1.89M$1.89M$2,279
2026-041$1.95M$1.95M$1.95M$2,448
2025-111$2.42M$2.42M$2.42M$2,584
2025-103$2.15M$1.74M$2.4M$2,355
2025-092$2.06M$1.94M$2.19M$2,084
781–1,000 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
FYVE DERBYSHIREApt714$2.27M$2,513
THE SPRINGSApt2$2.06M$2,084
6 DERBYSHIRECondo1681$1.89M$2,279
ADRIAApt1051$1.74M$2,046

1,001–1,200 sqft Nearby Average Price Trend

1,001–1,200 sqft Nearby Transaction Volume

1,001–1,200 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-051$1.81M$1.81M$1.81M$1,682
2025-102$2.02M$1.87M$2.17M$1,886
2025-081$1.96M$1.96M$1.96M$1,937
1,001–1,200 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
BIRMINGHAM MANSIONSApt2$2.02M$1,886
THE SPRINGSApt2$1.89M$1,810

1,201–1,500 sqft Nearby Average Price Trend

1,201–1,500 sqft Nearby Transaction Volume

1,201–1,500 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-052$2.59M$2.42M$2.77M$2,104
2026-041$2.4M$2.4M$2.4M$1,906
2025-121$3.06M$3.06M$3.06M$2,430
2025-112$2.61M$2.42M$2.8M$1,987
2025-101$2.98M$2.98M$2.98M$2,326
1,201–1,500 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
1 MOULMEIN RISEApt2$2.91M$2,333
APLETON VIEWApt2$2.42M$1,972
ADRIAApt1051$2.98M$2,326
LA MAISONApt1$2.4M$1,906
THE SPRINGSApt1$2.8M$2,001

1,501–2,000 sqft Nearby Average Price Trend

1,501–2,000 sqft Nearby Transaction Volume

1,501–2,000 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-041$3.53M$3.53M$3.53M$1,896
1,501–2,000 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
LION TOWERSApt1$3.53M$1,896
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Market Interpretation

IKIGAI recorded only 2 transactions during the latest 12 months. Price movements should therefore be interpreted cautiously because individual sales can materially affect the headline figures.

Its median PSF is broadly in line with the District 11 project median.

Within 1 km, 20 nearby condominiums were identified; 13 recorded at least one sale during the same period. These projects provide additional context where the subject development has limited recent activity.

This is a rules-based interpretation of recorded transactions and nearby project data, not a formal valuation.

Project Details

Developer
OPULENT DEVELOPMENT PTE LTD
Property type
Condominium
District
District 11 - Newton / Novena / Dunearn
Market segment
Core Central Region
Tenure
Freehold
TOP
2024
Total units
16

About IKIGAI

IKIGAI is a condominium in Singapore District 11, completed in 2024 with freehold. It recorded 2 transactions during the latest 12-month period in the database, with a median transacted price of $3.38M and a median of $1,978 psf. The most frequently transacted size range is 1,201–1,500 sqft, representing 50.0% of transactions with recorded floor area. NOVENA MRT STATION is approximately 490 m away by straight-line distance. 2 primary schools are located within a 1 km straight-line radius.

Get Property Advice

Disclaimer: The information, charts and statistics on this page are derived from publicly available Urban Redevelopment Authority (URA) transaction records and are provided for general informational purposes only. While every reasonable effort is made to keep the information accurate and up to date, all data, calculations, trends and market insights are estimates and should not be relied upon as the sole basis for financial, investment, legal, valuation or property decisions. Users should independently verify the information and seek professional advice where appropriate.

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