38 Shrewsbury Road 307818, Moulmein, Central Region, Singapore
$3,158,000














Boutique Freehold Living in Prime Novena Developer’s units with zero commission – Own a rare, exclusive freehold gem in D11! ★INTRODUCTION★ Introducing IKIGAI, a boutique freehold condominium located in the prestigious District 11. Designed by four-time President's Design Award winner Yip Yuen Hong, this exclusive development features just 16 units, blending Japanese wabi-sabi and Scandinavian hygge design concepts to create a tranquil and luxurious living experience. Perfect for discerning homeowners seeking exclusivity, a prime central location, and a lasting legacy. CALL/WHATSAPP Willy at +65 9623XXXX or 微信 WillyNg1688 now for an Exclusive Viewing (Physically or Virtually if you are overseas) in English or 中文! ★PROJECT INFORMATION★ ✔ Project Name: IKIGAI ✔ Location / District: 38 Shrewsbury Road / District 11 (Newton/Novena) ✔ Nearest MRT: Novena MRT (NS20) ✔ Tenure: Freehold ✔ Unit Sizes: 603 to 1,915 sqft ✔ Unit Types Available: 3-Bedroom Penthouse: From $3.395M 3-Bedroom + Study Penthouse: From $4.292M ★ KEY HIGHLIGHTS ★ ✔ Exclusive & Low-Density: Only 16 units in a single 5-storey block, ensuring maximum privacy and a peaceful environment. ✔ Prime Freehold Tenure: A rare and valuable asset in a highly sought-after district, offering long-term investment potential. ✔ Excellent Connectivity: Approximately 500m walk to Novena MRT, with easy access to major expressways like the CTE and PIE. ✔ Lifestyle & Amenities: Surrounded by four major shopping malls (Velocity, Square 2, United Square) and the Novena medical hub. ✔ Reputable Developer & Design: Crafted by Opulent Development Pte Ltd and a renowned architect, combining quality finishings with a unique, minimalist aesthetic. ✔ Located within 1km of St. Joseph's Institution Junior and Farrer Park Primary Call WILLY NG at +65 9623XXXX now for an Exclusive Viewing! ★ ONE-STOP VIEW ALL ★ One call to View and Compare all other projects in the Core Central Region ★ CONTACT WILLY NG NOW ★ Whether you are a Foreigner, First-Timer, Upgrader, Investor, or Right-Sizing For Retirement, Willy Ng helps to provide a customized proposal based on your requirements and support with: ✔ Floorplan Analysis ✔ Potential Growth Analysis ✔ Rental Analysis ✔ Projects Comparison Analysis ✔ Developers’ Track Record Analysis ✔ Financial/Timeline Analysis ✔ Market Trend Analysis ★ FOR FOREIGNERS ★ For Foreigners, my team consists of trusted Senior Bankers, Lawyers, Immigration Specialists, Singapore Family Office Setup Consultants, and International Schools Enrolment Specialists, who can assist with your inquiries. CALL/WHATSAPP Willy at +65 9623XXXX or 微信 WillyNg1688 now to find out more Disclaimer: Images/photos are artist impressions/showflat photos purely for reference only
D11 - Novena
Novena MRT · 6 min walk
30 December 2023
Small (16 units)
16 units
1 Block, 5 Floors
Opulent Development Pte Ltd
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.
Ikigai has 1 block and up to 05 storeys.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3002382K
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Automated Valuation based on 14 URA transactions
Fair Value
S$3.66M
S$2,443 psf
Asking Price
S$3.16M
S$2,111 psf
vs Market
-13.6%
vs Last Done
-8.8%
Tenure
Freehold
No lease decay
Confidence
High
14 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
+4%
Adjusted Fair Value PSF
S$2,443
Recent Comparable Transactions
10 shown · 14 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJun 2024 | SHREWSBURY ROAD Floor 01-05 | 1,572sqft | S$3,635,800 | ▼S$2,314 -5.3% vs FV | Freehold |
Jun 2024 | SHREWSBURY ROAD Floor 01-05 | 1,572sqft | S$3,635,800 | ▼S$2,314 -5.3% vs FV | Freehold |
Feb 2024 | SHREWSBURY ROAD Floor 01-05 | 1,087sqft | S$2,530,000 | ▼S$2,327 -4.7% vs FV | Freehold |
Feb 2024 | SHREWSBURY ROAD Floor 01-05 | 1,087sqft | S$2,520,000 | ▼S$2,318 -5.1% vs FV | Freehold |
Oct 2023 | SHREWSBURY ROAD Floor 01-05 | 969sqft | S$2,200,000 | ▼S$2,271 -7.0% vs FV | Freehold |
Jun 2023 | SHREWSBURY ROAD Floor 01-05 | 969sqft | S$2,240,000 | ▼S$2,312 -5.4% vs FV | Freehold |
May 2023 | SHREWSBURY ROAD Floor 01-05 | 635sqft | S$1,480,000 | ▼S$2,330 -4.6% vs FV | Freehold |
Apr 2023 | SHREWSBURY ROAD Floor 01-05 | 969sqft | S$2,259,907 | ▼S$2,333 -4.5% vs FV | Freehold |
Mar 2023 | SHREWSBURY ROAD Floor 01-05 | 603sqft | S$1,352,800 | ▼S$2,244 -8.1% vs FV | Freehold |
Feb 2023 | SHREWSBURY ROAD Floor 01-05 | 635sqft | S$1,421,200 | ▼S$2,238 -8.4% vs FV | Freehold |
Nov 2022 | SHREWSBURY ROAD Floor 01-05 | 635sqft | S$1,445,760 | ▼S$2,277 -6.8% vs FV | Freehold |
SHREWSBURY ROAD
Jun 2024 · Floor 01-05
-5.3% vs FV
SHREWSBURY ROAD
Jun 2024 · Floor 01-05
-5.3% vs FV
SHREWSBURY ROAD
Feb 2024 · Floor 01-05
-4.7% vs FV
SHREWSBURY ROAD
Feb 2024 · Floor 01-05
-5.1% vs FV
SHREWSBURY ROAD
Oct 2023 · Floor 01-05
-7.0% vs FV
SHREWSBURY ROAD
Jun 2023 · Floor 01-05
-5.4% vs FV
SHREWSBURY ROAD
May 2023 · Floor 01-05
-4.6% vs FV
SHREWSBURY ROAD
Apr 2023 · Floor 01-05
-4.5% vs FV
SHREWSBURY ROAD
Mar 2023 · Floor 01-05
-8.1% vs FV
SHREWSBURY ROAD
Feb 2023 · Floor 01-05
-8.4% vs FV
SHREWSBURY ROAD
Nov 2022 · Floor 01-05
-6.8% vs FV
HELIOS AI-Detected Boosters
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.