PropHerald

IKIGAI

SHREWSBURY ROAD

Private development

At a glance

Units

16

Developer

Opulent Development Pte Ltd

Tenure

Freehold

Median psf (12 mo)

S$1,978

Plot ratio

1.4 (MP2025)

Zoning & plot ratio by Master Plan

Master PlanPlot ratioLand use
MP20031.4RESIDENTIAL
MP20081.4RESIDENTIAL
MP20141.4RESIDENTIAL
MP20191.4RESIDENTIAL
MP20251.4RESIDENTIAL

Location

Blocks in this development

38 Shrewsbury Road

Transactions

2 sales in the last 12 months

MonthTypeLevelArea m² PriceS$ psfSale type
Jan 2026Apartment01-05 178S$3,800,000 1983Resale
Nov 2025Apartment01-05 139S$2,950,000 1972Resale
Jun 2024Apartment01-05 146S$3,635,800 2314New sale
Feb 2024Apartment01-05 101S$2,520,000 2318New sale
Feb 2024Apartment01-05 101S$2,530,000 2327New sale
Oct 2023Apartment01-05 90S$2,200,000 2271New sale
Jun 2023Apartment01-05 90S$2,240,000 2312New sale
May 2023Apartment01-05 59S$1,480,000 2330New sale
Apr 2023Apartment01-05 90S$2,259,907 2333New sale
Mar 2023Apartment01-05 56S$1,352,800 2244New sale
Feb 2023Apartment01-05 59S$1,421,200 2238New sale
Nov 2022Apartment01-05 59S$1,445,760 2277New sale
Oct 2022Apartment01-05 101S$2,480,000 2281New sale
Jul 2022Apartment01-05 59S$1,391,750 2191New sale
Apr 2022Apartment01-05 56S$1,315,000 2182New sale
Apr 2022Apartment01-05 56S$1,280,000 2124New sale

Price trend

S$1,900S$2,150S$2,400202220242026— median— average S$ psf2022 · S$2,211 average psf · 5 sales2023 · S$2,288 average psf · 6 sales2024 · S$2,320 average psf · 3 sales2025 · S$1,972 average psf · 1 sales2026 · S$1,983 average psf · 1 sales2022 · S$2,191 median psf · 5 sales2023 · S$2,292 median psf · 6 sales2024 · S$2,318 median psf · 3 sales2025 · S$1,972 median psf · 1 sales2026 · S$1,983 median psf · 1 salesS$1,983

This project trades ≈ 14% below the District 11 12-month median (S$ psf).

Median S$ psf is down ≈ 15% on the previous 12 months.

Last 12 months by type

Property typeSales Median priceMedian S$ psf
Apartment2 S$3,375,0001978

Median price by year

YearSalesMedian price
20261S$3,800,000
20251S$2,950,000
20243S$2,530,000
20236S$1,840,000
20225S$1,391,750