Nestled within the prestigious District 11, Ikigai’s penthouses represent the pinnacle of luxury living in Singapore’s Novena district, offering discerning homeowners an exclusive residential experience that harmonizes Japanese-inspired aesthetics with modern urban convenience.
This boutique development, conceptualized by four-time President’s Design Award winner Yip Yuen Hong, comprises just 16 units in total, with penthouses specifically engineered for larger living spaces and ultimate comfort in a serene environment.
The architectural vision draws inspiration from the Japanese concept of “Ikigai,” meaning “reason for being,” which manifests in the property’s tranquil ambiance achieved through soft, earthy tones and stylish wood furnishings.
Interiors reflect principles of wabi-sabi and Scandinavian hygge, creating living spaces characterized by zen-like minimalism and thoughtful design elements that promote peaceful habitation.
Located on Shrewsbury Road, a low-density residential enclave, Ikigai’s freehold penthouses start at $2,316 per square foot, with total prices ranging from approximately $3.4M to $4.3M.
Ikigai’s rare freehold penthouses offer exceptional investment value in an exclusive location at $2,316 psf.
This permanent ownership structure presents a significant investment advantage in centrally located District 11, where freehold properties remain increasingly rare and sought-after for legacy planning purposes.
The development’s strategic position affords residents a 7-minute walk to Novena MRT station on the North-South Line, exceptional connectivity via the Central Expressway, and proximity to Orchard Road, Novena Medical Hub, and Newton Food Centre.
Despite its central location, Ikigai maintains a delicate balance between urban accessibility and residential tranquility that appeals to high-end purchasers.
Residents benefit from premium amenities including a private swimming pool and gymnasium, while enjoying convenient access to nearby retail centers such as Velocity @ Novena Square and United Square, educational institutions like St. Joseph’s Institution Junior, and world-class healthcare facilities within the Novena Medical Hub.
The penthouses are equipped with a comprehensive Smart Home System for temperature control, lighting adjustments, and security monitoring that elevates the living experience through cutting-edge technology.
This combination of exclusivity, sophisticated design philosophy, freehold status, and prime positioning establishes Ikigai’s penthouses as distinctive residential assets in Singapore’s competitive property landscape.
With the Property Price Index expected to grow in 2025, these freehold penthouses represent an astute investment opportunity for those seeking long-term capital appreciation in Singapore’s resilient real estate market.
