Ikigai

Ikigai is a 16-unit condominium at 38 Shrewsbury Road, Singapore 307818, in District 11 (Novena). It was completed in 2025 on a freehold title. Units last transacted at a median of S$1,977.5 psf over the 12 months to Jan 2026. Novena MRT is a 6-minute walk away.

Condominium
Freehold
Completed 2025
16 units
5 storeys
Novena MRT, 6 min walk

See your rate for this property

Ikigai, a 5-storey condominium in Novena. Illustration is AI-generated.

This summary and image are AI-generated from data and photographs collected about this development.

What Ikigai is

Ikigai is a freehold condominium with 16 units at 38 Shrewsbury Road in Novena. Ikigai has one five-storey block and a completion year of 2025.

Opulent Development Pte Ltd developed Ikigai, with Ipli Architects as architect. The project launched on 14 Apr 2022 and has a TOP date of 30 Dec 2023. It provides 14 carpark spaces, an open car park, a playground and 24-hour security.

The bedroom mix covers one-, two- and three-bedroom homes. Named unit types range from the 603 sqft Type A1 with one bedroom and one bathroom to the 1,571 sqft Type C3-PH with three bedrooms and three bathrooms; transacted unit sizes span 603–1,916 sqft.

Novena MRT is a 6-minute walk away. St. Joseph's Institution Junior is a 4-minute walk away, while Beacon International College and San Yu Adventist School are 10 and 12 minutes away respectively.

Health City Novena is the nearby healthcare hub.

Highlights

Ikigai is a freehold property.
Ikigai contains 16 units.
Novena MRT is a 6-minute walk from Ikigai.
Ikigai has 14 carpark spaces.

Location and postal codes

Map showing the location of Ikigai — Ikigai, 38 Shrewsbury Road, District 11.

Address

38 Shrewsbury RoadSingapore 307818District 11, Novena

Nearest MRT: Novena MRT, 6 min walk
Blocks: 1
Tallest block: 5 storeys

Postal codes at Ikigai, 1 building on record
Address	Postal code	Units
38 Shrewsbury Road	307818	16

Prices at Ikigai

Median psf: S$1,977.5
Median price: S$3,375,000
Lowest: S$2,950,000
Highest: S$3,800,000

Median of 2 non-bulk caveats, 12 months to Jan 2026, source URA.

Recent transactions at Ikigai, 12 most recent of 16 URA caveats, to Jan 2026.
Date	Price	Area	psf	Floor	Type of sale
Jan 2026	S$3,800,000	1,916 sqft	S$1,983	01-05	Resale
Nov 2025	S$2,950,000	1,496 sqft	S$1,972	01-05	Resale
Jun 2024	S$3,635,800	1,572 sqft	S$2,314	01-05	New sale
Feb 2024	S$2,520,000	1,087 sqft	S$2,318	01-05	New sale
Feb 2024	S$2,530,000	1,087 sqft	S$2,327	01-05	New sale
Oct 2023	S$2,200,000	969 sqft	S$2,271	01-05	New sale
Jun 2023	S$2,240,000	969 sqft	S$2,312	01-05	New sale
May 2023	S$1,480,000	635 sqft	S$2,330	01-05	New sale
Apr 2023	S$2,259,907	969 sqft	S$2,333	01-05	New sale
Mar 2023	S$1,352,800	603 sqft	S$2,244	01-05	New sale
Feb 2023	S$1,421,200	635 sqft	S$2,238	01-05	New sale
Nov 2022	S$1,445,760	635 sqft	S$2,277	01-05	New sale

Recent transactions at Ikigai, 12 most recent of 16 URA caveats, to Jan 2026.

S$3,800,000Jan 2026
1,916 sqftS$1,983 psfFloor 01-05Resale
S$2,950,000Nov 2025
1,496 sqftS$1,972 psfFloor 01-05Resale
S$3,635,800Jun 2024
1,572 sqftS$2,314 psfFloor 01-05New sale
S$2,520,000Feb 2024
1,087 sqftS$2,318 psfFloor 01-05New sale
S$2,530,000Feb 2024
1,087 sqftS$2,327 psfFloor 01-05New sale
S$2,200,000Oct 2023
969 sqftS$2,271 psfFloor 01-05New sale
S$2,240,000Jun 2023
969 sqftS$2,312 psfFloor 01-05New sale
S$1,480,000May 2023
635 sqftS$2,330 psfFloor 01-05New sale
S$2,259,907Apr 2023
969 sqftS$2,333 psfFloor 01-05New sale
S$1,352,800Mar 2023
603 sqftS$2,244 psfFloor 01-05New sale
S$1,421,200Feb 2023
635 sqftS$2,238 psfFloor 01-05New sale
S$1,445,760Nov 2022
635 sqftS$2,277 psfFloor 01-05New sale

From S$9,941 per month

S$2,530,000 financed

See your rate

Financing Ikigai

Indicative monthly repayment over 25 years. Rates as at 26 Aug 2026.
Loan amount	Fixed 2Y	Fixed 3Y	Floating	Est. monthly
S$2,020,000	1.35% Promo Rate	1.58% Promo Rate	DBS FHR6 + 0.55% DBS	S$7,937
S$2,530,00075% of the median transacted price	1.35% Promo Rate	1.58% Promo Rate	DBS FHR6 + 0.55% DBS	S$9,941
S$3,290,000	1.35% Promo Rate	1.58% Promo Rate	DBS FHR6 + 0.55% DBS	S$12,927

Indicative monthly repayment over 25 years. Rates as at 26 Aug 2026.

S$2,020,000S$7,937 per month

Fixed 2Y: 1.35% Promo Rate
Fixed 3Y: 1.58% Promo Rate
Floating: DBS FHR6 + 0.55% DBS

75% of the median transacted price

S$2,530,000S$9,941 per month

Fixed 2Y: 1.35% Promo Rate
Fixed 3Y: 1.58% Promo Rate
Floating: DBS FHR6 + 0.55% DBS

S$3,290,000S$12,927 per month

Fixed 2Y: 1.35% Promo Rate
Fixed 3Y: 1.58% Promo Rate
Floating: DBS FHR6 + 0.55% DBS

See your actual rate for IkigaiFree to use, confidential, all major banks

Units and layouts

Unit types on record at Ikigai
Unit type	Bedrooms	Area
Type A1	1	603 sqft
Type A2	1	635 sqft
Type B2	2	1,087 sqft
Type B1	2	969 sqft
Type C2-PH	3	1,915 sqft
Type C1-PH	3	1,496 sqft
Type C3-PH	3	1,571 sqft

Facilities

Open car park
Playground
24 hours security

Facilities on record at Ikigai, from the development register.

Strata and management

Management corporations at Ikigai, source BCA management corporation register, synced 17 Aug 2026.
MCST	UEN	Constituted	Managing agent
MCST 4944	T24MC0049F	12 Nov 2024	ACE DECISION PROPERTY SERVICES PTE LTD

Management corporations at Ikigai, source BCA management corporation register, synced 17 Aug 2026.

MCST 4944

UEN: T24MC0049F
Constituted: 12 Nov 2024
Managing agent: ACE DECISION PROPERTY SERVICES PTE LTD

Browse the full property directory for Ikigai and every other development we list, or download the MCST database.

Nearby and similar

Similar condominiums in District 11

Adam GreenApartment in D11
10 Surrey RoadCondominium in D11
32 GilsteadCondominium in D11
18 ShelfordCondominium in D11
15 NewtonCondominium in D11
Adam PlaceApartment in D11

Also managed by ACE DECISION PROPERTY SERVICES PTE LTD

ACE DECISION PROPERTY SERVICES PTE LTD

Explore

Data sources and last updated

URA caveats to Jan 2026
MCST register synced 17 Aug 2026
Description generated 13 Aug 2026
Bank rates as at 26 Aug 2026
Development record updated 17 Aug 2026