RPS · Resale Project Scorecard
Ikigai — Grade B
RPS score 5.56/10 · D11 · Newton, Novena · 16 units · scored across 7 weighted factors — methodology published.
FH · OPULENT DEVELOPMENT PTE LTD · TOP 2024
Solid, middle-of-the-pack project. Standout strengths: tenure, MRT access. Key weaknesses: future transformation, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 4/10
- Primary School Effect20% weight
- 7/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 8/10
- Rental Yield10% weight
- 4/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 4/10
Avg Ann. of +0.00% — below-median performance vs same-vintage peers (34th percentile of 2024-era cohort).
2 primary schools within 1km (nearest: ST. JOSEPH'S INSTITUTION JUNIOR at 0.20km). Strong school proximity — a genuine advantage for young families.
16 units — very small project; niche product with thin resale market.
0.49km from Novena Mrt Stn (NS20) — short walk to MRT, good transport convenience.
Rental yield of 3.15% — below-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Limited future-catalyst exposure — nearest is Newton–Orchard mixed-use precinct at 1.18km, far enough that the impact on this project is modest.
Primary schools within 1km: ST. Joseph's Institution Junior, Farrer PARK Primary School.
The verdict· Scores updated September 2026
Ikigai scores 5.56 out of 10 on the TRIBE Resale Project Scorecard, Grade B, ranking 1481st of 2,357 resale condos scored in Singapore and 98th of 143 in District 11 (Newton, Novena). Its strongest factors are Tenure (10/10) and MRT Proximity (8/10); its weakest is Project Size (3/10). Solid, middle-of-the-pack project. Standout strengths: tenure, MRT access. Key weaknesses: future transformation, project size.
RPS · Resale Project Scorecard
Recent resale transactions at Ikigai
12 months to September 2026 (Oct 2025 – Sep 2026): 2 resale transactions, median $1,978 psf, median price $3.38M.
| Period | Transactions | Median PSF | Median price |
|---|---|---|---|
| Oct–Dec 2025 | 1 | $1,972 psf | $2.95M |
| Jan–Mar 2026 | 1 | $1,983 psf | $3.80M |
| Apr–Jun 2026 | — | — | — |
| Jul–Sep 2026 | — | — | — |
| 12-month total | 2 | $1,978 psf | $3.38M |
Aggregates of URA REALIS resale caveats (data to September 2026). A specific unit's value depends on floor, size, facing and condition — for a unit-level read, use the Resale Price Check.
Ikigai: frequently asked questions
Answers generated from the scorecard data — RPS rank 1481st of 2,357, scores updated September 2026.
- Is Ikigai a good buy in 2026?
- Ikigai scores 5.56/10 on the TRIBE Resale Project Scorecard (Grade B), which places it 1481st of 2,357 Singapore resale condos and 98th of 143 in District 11 (Newton, Novena). Solid, middle-of-the-pack project. Standout strengths: tenure, MRT access. Key weaknesses: future transformation, project size. RPS scores project-level demand fundamentals — not a specific unit or its asking price — so read the grade as a screen: it tells you whether the drivers of resale demand are present, and the price you pay still decides the outcome.
- What is the average PSF at Ikigai?
- In the 12 months to September 2026 (Oct 2025 – Sep 2026), URA REALIS records 2 resale transactions at Ikigai, at a median of $1,978 psf and a median price of $3.38M (range $1,972 psf to $1,983 psf). Figures are aggregates of caveats lodged with URA; a specific unit's value depends on floor, size, facing and condition.
- How far is Ikigai from the nearest MRT station?
- Ikigai is about 490m from Novena MRT (NS20), scoring 8/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does Ikigai compare with Dunearn Suites?
- Dunearn Suites is the project scored next to Ikigai on the District 11 ranking: 5.56 (Grade B) against Ikigai's 5.56 (Grade B). Ikigai scores higher on Project's Historical Performance (4 vs 3); Dunearn Suites scores higher on MRT Proximity (8 vs 9) and Rental Yield (4 vs 5).
- Which primary schools are within 1km of Ikigai?
- 2 primary schools are within 1km of Ikigai: ST. Joseph's Institution Junior, Farrer PARK Primary School. 2 primary schools within 1km (nearest: ST. JOSEPH'S INSTITUTION JUNIOR at 0.20km). Strong school proximity — a genuine advantage for young families. Ikigai scores 7/10 on the Primary School Effect factor (20% of the RPS score), which weights each school by its recent P1 ballot demand.
- What is the tenure of Ikigai, and how big is the project?
- Ikigai is freehold, completed in 2024, has 16 units, developed by OPULENT DEVELOPMENT PTE LTD. Freehold tenure — no lease decay concerns, preserves long-term value. 16 units — very small project; niche product with thin resale market. Tenure carries 10% of the RPS score and Project Size 16%.
Scored either side of Ikigai in Newton, Novena
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.
Free condo report
Email me this condo's report
Get the full report on Ikigai — PSF trends, rival comparison, and our verdict — in your inbox.