HomeBuyAll3RMD11 - Newton / Novena3 Bed Condo for Sale in Ikigai

3 Bed Condo for Sale in Ikigai

38 Shrewsbury Road 307818, Moulmein, Central Region, Singapore

$4,000,000

Added 7 months ago
Beds: 3Baths: 2Area: 1915 sqft
Good Deal· 11.1% below market
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Property Details

Property IDFpHjuaRs3mnrPLwunuiGXE
PriceS$4,000,000
Property TypeCondo
StatusFor sale
Beds3
Baths2
Built Area1915 sqft
PSF
S$2,089
Year Built2026
Furnished StatusUnknown

Description

Development Information

District & Area

D11 - Novena

Nearest MRT

Novena MRT · 6 min walk

Tenure

Freehold

TOP Date

30 December 2023

Project Size

Small (16 units)

16 units

Building Structure

1 Block, 5 Floors

Developer

Opulent Development Pte Ltd

Unit Configuration
Bedroom Types1, 2, 2003 Bedroom
Floor Plan Details

Ikigai has a total of 16 units, from 1 Bed - 1 Bath to 3 Bed - 3 Bath units. There are 7 types of floor plans from 603 sqft to 1,915 sqft.

Site Plan

Ikigai has 1 block and up to 05 storeys.

Development Facilities
GymParkingPavilionSwimming Pool

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Features & Amenities
Gym
Swimming pool
Pavilion
Parking

Location

38 Shrewsbury Road 307818, Moulmein, Central Region, Singapore

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Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

0

Average Price

S0

Total Value

S0

Sales Timeline

No timeline data available

No data available

No transaction data found. This could be due to:

  • No transactions in the selected radius
  • Invalid date formats in transaction data
  • Missing price or area information
  • Current filter settings excluding all transactions

Home Report · AVM Fair Value

Automated Valuation based on 14 URA transactions

Fair Value

S$4.50M

S$2,349 psf

Asking Price

S$4.00M

S$2,089 psf

vs Market

-11.1%

Good Deal

vs Last Done

-9.7%

Good Deal

Tenure

Freehold

No lease decay

Confidence

High

14 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Novena

481m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

14 comparable transactions

S$2,281

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$2,349

Recent Comparable Transactions

10 shown · 14 total
Last Done

SHREWSBURY ROAD

Jun 2024 · Floor 01-05

S$2,314 psf

-1.5% vs FV

1,572 sqftS$3,635,800Freehold

SHREWSBURY ROAD

Jun 2024 · Floor 01-05

S$2,314 psf

-1.5% vs FV

1,572 sqftS$3,635,800Freehold

SHREWSBURY ROAD

Feb 2024 · Floor 01-05

S$2,327 psf

-0.9% vs FV

1,087 sqftS$2,530,000Freehold

SHREWSBURY ROAD

Feb 2024 · Floor 01-05

S$2,318 psf

-1.3% vs FV

1,087 sqftS$2,520,000Freehold

SHREWSBURY ROAD

Oct 2023 · Floor 01-05

S$2,271 psf

-3.3% vs FV

969 sqftS$2,200,000Freehold

SHREWSBURY ROAD

Jun 2023 · Floor 01-05

S$2,312 psf

-1.6% vs FV

969 sqftS$2,240,000Freehold

SHREWSBURY ROAD

May 2023 · Floor 01-05

S$2,330 psf

-0.8% vs FV

635 sqftS$1,480,000Freehold

SHREWSBURY ROAD

Apr 2023 · Floor 01-05

S$2,333 psf

-0.7% vs FV

969 sqftS$2,259,907Freehold

SHREWSBURY ROAD

Mar 2023 · Floor 01-05

S$2,244 psf

-4.5% vs FV

603 sqftS$1,352,800Freehold

SHREWSBURY ROAD

Feb 2023 · Floor 01-05

S$2,238 psf

-4.7% vs FV

635 sqftS$1,421,200Freehold

SHREWSBURY ROAD

Nov 2022 · Floor 01-05

S$2,277 psf

-3.1% vs FV

635 sqftS$1,445,760Freehold
Below Fair Value
Above Fair Value
FV: S$2,349 psf

HELIOS AI Analysis

Based on 14 URA transactions (0 outliers removed), adjusted for: MRT Novena 481m away (+3%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

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