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Ikigai is a freehold luxury private condo in Novena. And it is located in prime District 11 in Singapore. Opulent Development Pte Ltd is the developer of this new launch. Moreover, it is designed by 4 times President Award winner Architect Yip Yuen Hong.

This is a single block of 5-storey low rise development. It comprise 16 units of 1br to 3br types along Shrewsbury Road. And the sizes range from 603 sq ft to 1453 sq ft. Residents can enjoy living in a quiet environment because Ikigai is nestled within a quiet estate. There are also plenty of amenities and wide dining options available. Thus, convenience is at doorstep.

Location

Novena MRT Station and the Malls in Novena is approximately 600m from Ikigai.

Novena Health City with top notch medical facilities, world-class shopping and dining are short distance away. Singapore Botanic Gardens, a UNESCO World Heritage site is also near by. And you are right in the heart of city centre and downtown core, which are just minutes away.

There are four shopping malls in Novena to provide residents plenty of food choices. Goldhill Plaza and Pek Kio Market are also places where you can find affordable dining options. If you like Indian food, check out Rangoon Road as well as Little India.

Bukit Timah Education Belt is almost at doorstep. Here are some of the Singapore's most reputable schools that are close by.

Anglo-Chinese School (Barker Road)
Singapore Chinese Girls' School
St. Joseph's Institution (within 1km)

MOE has recently released an update on Phase 2C vacancy. As a result, more home buyers are buying their homes near good schools. This has been the trend in recent years because it is very important for parents to cut down travelling time when they send their children to school. Therefore, it is definitely an ideal choice to buy a property near good schools. This is one of the factor to push up property prices in these area.

For other new and upcoming property launches, please click HERE! Or visit our showcase of Singapore Property New Launches where you can browse new launches by Region for your house-hunting.

Why Ikigai?

This is a freehold private residence in a land scarce Singapore. This is one of the rare gem in Singapore. Most of the new launches that were released over the last decade are on leasehold tenure. Freehold land is limited and has becomes priceless.

While SJI Junior is within 1km, and ACS (Junior) & Primary School are within 2km, Novena Health City is also near to Ikigai. Hence, for buyers buying for investment, they can expect good rentability and huge pool of tenants.

Ikigai Site Plan

Ikigai Quick Facts

DEVELOPERS: Opulent Development Pte Ltd

DEVELOPMENT: Proposed new erection of a 5-storey residential flat development (16 units) with attic & swimming pool, communal facilities at 1st storey at 38 Shrewbury Road

DISTRICT: 11

TENURE: Freehold

ADDRESS: 38 Shrewbury Road

SITE AREA: 11,065.4 sq ft

PLOT RATIO: 1.51

TOTAL UNITS: 16 units

CARPARK LOTS: 13 carpark lots (include 1 EV lot) + 1 accessible lot

EXPECTED TOP: October 2023