Some people like to live in skyscrapers while others prefer a place closer to ground level. If you prefer the latter, here are three freehold condos for you to pick from – Ikigai on Shrewsbury Road, 10 Evelyn on Evelyn Road, Peak Residence on Thomson Road. All three are no taller than six storeys high.
Ikigai’s expected TOP is 10 May 2026 while 10 Evelyn’s is Q3 2022 and Peak Residence’s is February 2025.
Ikigai is conceptualised and inspired by Japanese renowned calligrapher, Tomoko Kawao, which probably explains the project’s Japanese-sounding name. According to BBC, Ikigai is a Japanese term that embodies the idea of happiness in living. Essentially, it is the reason why you get up in the morning.
Location
Ikigai is located at the corner of Shrewsbury Road, which is a cul de sac. The only road that links with this road is Moulmein Road.
The other end of Shrewsbury Road is blocked by a party store called WoW! Let’s Party@Moulmein and a parking lot.
This road is ideal for buyers who want to live in a quieter area, away from passing traffic.
Ikigai is situated near the heart of Novena and is only a short walk to nearby shopping malls: Novena Square, Square 2, City Square Mall, Shaw Plaza and United Square Mall.
Ikigai is within 500m from Novena MRT station.
10 Evelyn takes its name from its address. It is a green and tranquil street off Newton Road. Although cosily tucked away from the noise and traffic, 10 Evelyn is still very much at the heart of it all. It is a short drive away from Orchard Road and within reach of several top primary/secondary schools.
The site is almost north-east/south-west oriented, with the main entrance located along Evelyn Road pointing south. A side gate will be built for residents’ convenience, giving direct access to Newton Road where a number of public buses run.
10 Evelyn is within 1km from Newton and Novena MRT stations.
Peak Residence is located on a hilltop at the end of a cul de sac road next to Thomson Medical Centre.
Balestier Hill Shopping Centre and Novena Rise Park are just across the main road (Thomson Road).
Peak Residence is within 1km from Novena and Mount Pleasant MRT stations.
All three developments are situated near the heart of Novena and within a 1km radius from United Square, Velocity@Novena, City Square, Shaw Plaza, Goldhill Plaza, Novena Square, Square 2, Revenue House, Health City Novena and schools.
Health City Novena comprises well-known medical facilities such as Tan Tock Seng Hospital, Novena Medical Centre, Mount Elizabeth Novena Hospital & Specialist Centre, Ng Teng Fong Centre for Healthcare Innovation, and the National Skin Centre. This makes the neighbourhood a prime spot for families or anyone who requires medical care.
With an expected completion in 2030, Health City Novena aims to draw regional medical tourists and businesses. This will turn Newton/Novena into a coveted address with forecasted capital appreciation for properties in the area. The area is definitely set to flourish.
Whether you are an investor looking for a property with high rentability or are a homebuyer interested in a spacious home near the city, all three projects are worth serious consideration.
Here are the list of kindergartens and schools within 1km from each development:
- Learning Vision @ Work
- Grace House @ TRBK
- Pegasus International Preschool
- Kinderland Preschool
- Rainforest School House
- PCF Sparkletots Preschool @ Moulmein-Cairnhill Blk 50
- MapleBear Playworks
- Children’s Cove Preschool
- Kiddiwinkie Schoolhouse @ Novena
- Italian Supplementary School
- St Joseph’s Institution Junior
- Anglo-Chinese School
- Korean Church Kindergarten
- Balestier Hill Secondary School
- Little Woods Montessori Preschool
- MFC Kindergarten (Newton)
- GUG The Kindergarten
- PCF Sparkletots Preschool
- Barker Road Methodist Church Kindergarten
- Balestier Hill Primary School
- CHIJ Primary School
- Anglo-Chinese Primary School
- Saint Joseph’s Institution Junior School
- Anglo-Chinese Secondary School
- CHIJ Secondary School
- Catholic Junior College
- SJI International School
- Italian Supplementary School
Unit distribution
Apart from Peak Residence that comes in two 5-storey blocks, Ikigai and 10 Evelyn comprise only one block each. Ikigai is 6 storeys high while 10 Evelyn is 5 storeys. Among the three, Peak Residence has the largest land area of 57,378 sq ft. On the other hand, Ikigai has the smallest land area of only 11,065 sq ft.
Peak Residence has the highest number of units (90 units) while Ikigai the least (only 16 units). 10 Evelyn has 56 units in total. This means Ikigai is the least densely populated and ideal for those who prize their privacy and personal space.
Ikigai’s units have well-thought-out designs and are larger than the norm (discussed in the next section).
10 Evelyn has only three units per floor and all three do not share common walls, which means there’s a space between each unit to maximise privacy.
All three developments have sold out a considerable number of units with Ikigai having only 3 units left for sale (81.25% sold), 10 Evelyn 15 units available (73.21% sold), and Peak Residence 41 units available (54.44% sold) at the point of writing.
Up to now, Ikigai and 10 Evelyn buyers are all Singaporeans while Peak Residence has a mix of 91.2% Singaporean and 8.8% permanent resident buyers.
All three developments do not come with private lifts, and separate wet and dry kitchens.
There are home shelters for units in Ikigai and 10 Evelyn, but not Peak Residence.
Comparing two-bedroom units for all three projects
Ikigai
For Ikigai, we’re looking at a 969-sq-ft two-bedder unit. This is the smallest 2-bedroom unit in Ikigai and it can be found on Stack 2.
Stack 2 faces north and has a direct view of Health City Novena which is currently under the planning and construction stage. Hence the view from here includes hospitals, residences, shopping malls and office towers.
As the unit has a big floor area, the master bedroom is big enough for a walk-in wardrobe unlike 10 Evelyn and Peak Residence that cannot accommodate this feature.
Cooking enthusiasts will probably prefer Ikigai because of its bigger L-shaped open-concept kitchen.
10 Evelyn
For 10 Evelyn, we are looking at a 807-sq-ft two-bedder unit. This can be found on Stack 10, which faces northwest from where one can have views of landed homes, schools and greenery.
As shown in the above layout, bedroom 1 does not have sufficient space for a queen-sized bed. If you prefer sleeping on a queen-sized bed, then it’s better that you consider 2-bedders in Peak Residence or Ikigai or 3-bedders in 10 Evelyn.
One of the probable reasons for having a small bedroom 1 is to fit in a household shelter which Peak Residence does not have.
In terms of balcony, some of the balconies in Peak Residence and 10 Evelyn are replaced by a Private Enclosed Space. However, there are still units with balcony for the same unit design although such units are smaller.
Peak Residence
For Peak Residence, we’re looking at a 808-sq-ft two-bedder unit. This can be found on Stacks 4 and 10. Both stacks face south and enjoy a bird’s eye view of Novena and some of the condo’s facilities.
Two bedders in Peak Residence have a squarish layout where the kitchen, dining and living rooms are in a row.
Stack 4 is beside Stack 5 while Stack 10 is beside Stack 11. Between Stack 4 and 10, we prefer Stack 4 because Stack 10 faces the block’s entrance where there may be noise coming from passing traffic.
Price and Maintenance Fee
As can be seen from the table above, the asking prices for Peak Residence is the highest but this is fair considering its bigger land area and wide array of facilities. Note: Ikigai’s units are bigger/penthouses, hence the higher price tag.
Below are some historical transactions of all three projects to give you an idea of how much others are paying for their units.
Ikigai
10 Evelyn
Peak Residence
Facilities
Below is a comprehensive list of all facilities available in the three projects.
- Car Park Lots
- Electric Vehicle Charging
- Bicycle Park
- Letterbox
- Sheltered Pavilion
- Lift Lobby
- Gym
- Toilets (Handicapped)
- Outdoor Shower
- Swimming Pool
- Kids’ Pool
- Bin Point
- Main Distribution Frame Room
- Consumer Switch Room
Roof Top
-Common Area
- Gymnasium
- Landscaped Garden
- Lap Pool
- Kids’ Pool
- Jacuzzi
- Fitness and Yoga
- Spa Pond
- Clubhouse
- BBQ Pits
- Dining Pavilion
- Function Room
-Arrival Pavilion
- Arrival Water Feature
- Entrance Gate
- Entrance Water Feature
- Accessible Toilet
- Security Cabin
- Water Axis
- Meditation Deck
- Bubbler Pool
- Sunning Lawn
- Generator Set & Sprinkler Pump
- Reading Corner
- Leisure Garden
- West Courtyard
- East Courtyard
- Reflecting Pool
- Electrical Substation
- MDF (Bin Centre Below)
Roof Top
- Hammock Deck
- Poolside Lounge
- Kids’ Pool
- Kids’ Play Area
- Skyline Pavilion
- Lounger Deck
- 33m Lap Pool
- Outdoor Shower
- Changing/Shower
- Gourmet Terrace with BBQ
- Jacuzzi Pool
- Poolside Lounge
- Clubhouse
-Accessible Washroom/Shower
- Party Lawn
- Gym
- Domestic Water Tank
For Ikigai, there isn’t a lot of fancy facilities despite its luxury tag. However, it does have the essentials, such as a gym, swimming pool and kid’s pool on the first floor. There’s also a common area for outdoor chilling on the rooftop.
10 Evelyn has only a limited choice of facilities and is the only project among the three without roof terrace facilities. However, this is somewhat compensated by the availability of Jacuzzis.
Peak Residence has the most number of facilities and these are comprehensive and varied. This shows its creativity in optimising a limited area. The project has thoughtfully allocated space for social events, such as a gourmet terrace with BBQ where residents can dine and socialise while enjoying a view of the pools.
Smart Living and Lifestyle Appliances/Fittings
Kitchen appliances and sanitary fittings by Grohe, TOTO, Bosch and Liebherr
Each unit comes equipped with ABB-free@home smart technology, making everyday living more intelligent, convenient and secure.
This covers lighting and air-con control, smart switches, Yale smart digital door lock, visitor gates and lift cars ID/IC card readers.
Kitchen Provisions & Appliances
- Induction hob
- Built-in hood
- Oven
- Washer & dryer
- De Dietrich integrated freezer fridge
- Franke kitchen sink with Grohe kitchen mixer
- Duravit, Grohe and TOTO sanitary fittings
Advanced Concierge with visitor QR code, car plate recognition, auto lift floor identification and facial recognition call panel
Integrated Resident App for facilities booking, access to digital notice board and making payments
Sanitary Fittings by Hansgrohe and Durawit
Kitchen Fittings by Hansgrohe and V-Zug
The Developers
Ikigai
Ikigai Condo is developed by Opulent Development Pte Ltd, a wholly-owned subsidiary of Prime Developments Pte Ltd.
Prime Development’s philosophy is to create a body of work with a high degree of artistry, beauty and city building. It focuses on a refined experience by embodying the relationship of their creation with the environment and through celebrating the tradition of craft and materiality.
They have projects in every scale from micro to macro level including luxury residential, commercials, hotels, retail and offices. They practise working towards the goal of bringing seemingly disparate elements together, in an attempt to make meaningful collaboration to their building. Every one of those collaborations has pushed their practice in a certain direction.
10 Evelyn
Amara Holdings Limited, a recognised name in the hotel, commercial, residential, specialty restaurants and food services business, is the developer of 10 Evelyn.
Since its establishment in the 1930s, the award-winning lifestyle group has dedicated itself to creating premium brands and experiences that are known for their value, quality, design and unwavering attention to detail and personalised service.
The group’s hospitality portfolio consists of four luxury hotels and resorts spanning three major Asian cities: Singapore, Bangkok and Shanghai.
Peak Residence
Peak Residences is a joint venture between Tuan Sing Holdings Limited and Rich Capital Holdings Ltd.
Established in 1969, Tuan Sing Holdings Limited is an investment holding company with interests in multiple industries. It was listed on the Singapore Stock Exchange in 1973. It is involved in different areas of property development, property investment and hotel investment.
It has over 60 subsidiaries, joint ventures and associates serving a broad spectrum of customers throughout Asia Pacific.
It is a recognised property developer of quality residential, commercial and industrial properties in Singapore and China, and has received various awards for the development of outstanding projects in the region.
Rich Capital Holdings Ltd (formerly known as Infinio Group Ltd) is a listed Singaporean holding company.
Through its subsidiaries, Rich Capital specialises in the development of industrial and residential properties in Singapore. The company focuses on property management, investment and development, and offers specialist construction services.
To date, Rich Capital has extended its services to Indonesia where it is involved in property development on its own and through joint partnerships with other established companies.
In this article, we’ve compared three low-rise new launch condos in District 11. If you want to know more, schedule a visit with us or book a free consultation with our trusted and renowned representatives.
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