Ikigai

Apartment · in Novena, District 11, Singapore · Freehold · Completed 2024

Data through 1 April 2026

Ikigai site plan and project gallery

Site plan is shown first when available. Scroll to view more project images.

Intro: IKIGAI features a curated mix of 16 freehold units ranging from one-bedroom studies to expansive penthouses, offering an exclusive and serene living experience just a short walk from Novena MRT station 🚆.
Good to know: Located within 1km of St. Joseph's Institution Junior for convenient school access 🏫; Completed in 2024, this low-density project stands at a maximum of five storeys 🌳.
Practical note: With only 16 units, this boutique development offers high privacy but limited communal facilities compared to larger mega-condos in the area.

D11CCRCentralNovena

< 1km

MRT Station

< 10y

Property Age

Near

$1M+ HDB

> 1K

MOPs in Town

Mega

Development

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

Ikigai project details

Street

Shrewsbury Road

Developer

Opulent Development Pte Ltd

Property Type

Apartment

Completion

2024

Total Units

Plot Ratio

1.4

Unit Size

603 - 1,916 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Ikigai

Novena489 m MRTNS20
Farrer Park864 m MRTNE8

See details on nearby stations

Primary schools near Ikigai

St. Joseph'S Institution Junior181 m
Farrer Park Primary School722 m

See details on nearby schools

Ikigai price, PSF and transaction trends

Sold At Launch

19%

HDB Buyers

$34.3M+

Total Transacted

14-04-2022

First Transacted

14-01-2026

Last Transacted

Total Transactions

Ikigai transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Ikigai, the median price was S$2,249,954 and the median PSF was S$2,274 psf. The newest record shown is from 14 January 2026. The annual project median was 9.4% lower in 2026 than in 2022; unit mix can affect year-to-year comparisons.

Recent Ikigai transactions

Date	Sale type	Price	PSF	Size
14 January 2026	Resale	S$3,800,000	S$1,983 psf	1,916 sqft
20 November 2025	Resale	S$2,950,000	S$1,972 psf	1,496 sqft
11 June 2024	New Sale	S$3,635,800	S$2,267 psf	1,604 sqft
27 February 2024	New Sale	S$2,520,000	S$2,318 psf	1,087 sqft
19 February 2024	New Sale	S$2,530,000	S$2,327 psf	1,087 sqft

Ikigai median transaction PSF (S$)

Ikigai annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$3,800,000	S$1,983 psf	1
2025	S$2,950,000	S$1,972 psf	1
2024	S$2,530,000	S$2,318 psf	3
2023	S$1,840,000	S$2,292 psf	6
2022	S$1,391,750	S$2,189 psf	5

View full details

Ikigai rental prices and estimated yield

Past 1 month

$5.92

Avg PSF Rental

No. of Rentals

3.6%

Est. Rental Yield

Among the latest 5 recorded rental contracts for Ikigai, the median monthly rent was S$3,850, with records ranging from S$3,700 to S$6,000.

Recent Ikigai rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 April 2026	1 BR	S$3,850	S$6 psf	600-700
1 May 2025	—	S$3,700	S$6 psf	600-700
1 April 2025	—	S$4,000	S$6 psf	600-700
1 April 2025	—	S$3,800	S$6 psf	600-700
1 March 2025	—	S$6,000	S$6 psf	1000-1100

Ikigai rental volume

View full details

Frequently asked questions about Ikigai

How much do units at Ikigai cost?

The latest 12 recorded sales show a median price of S$2,249,954 and a median of S$2,274 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Ikigai?

The latest recorded median monthly rent is S$3,850 and the estimated rental yield based on the past six months is 3.6%. Rental yield is indicative and can vary by unit and costs.

Is Ikigai freehold or leasehold?

Ikigai has a tenure of Freehold.

When was Ikigai completed and who developed it?

Ikigai was completed in 2024, the developer is Opulent Development Pte Ltd, and the project has 16 units.

Which MRT or LRT station is nearest to Ikigai?

Novena is the nearest station shown, at an estimated straight-line distance of 489 metres.

Which primary schools are near Ikigai?

The primary schools shown within the page’s one-kilometre search are St. Joseph'S Institution Junior (181 m) and Farrer Park Primary School (722 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 1 April 2026. Figures are indicative and do not constitute financial advice.