Detached House 3 Merino Crescent Sale 16888 Mil
The detached house at 3 Merino Crescent in Shepherd’s Hill Estate has the appearance of a modernist boutique apartment building from the outside. Developed by FRX Capital and spanning five levels, the freehold property sits on a 5,155 sq ft site and has a total built-up area of 13,615 sq ft. Its temporary occupation permit (TOP) is expected to be obtained soon.
The house features a car porch on the basement level that can accommodate up to six cars, as well as a large entertainment room that opens out to a swimming pool and pool deck. This entertainment room also includes an en suite bathroom.
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The home can be accessed via a staircase or a private lift on each level. The basement level also contains a storage room, helper’s room, laundry area, and yard.
The first level of the house includes the living and dining areas, which open up to a landscaped deck. There is also a dry and wet kitchen and a study tucked away in a corner, providing a secluded space for a private home office or a tutoring area for children.
On the second level, homeowners will find a spacious master suite with a walk-in wardrobe and luxurious master bathroom, as well as a second en suite bedroom. The third level is home to three more en suite bedrooms, including a junior master suite.
The attic level has a large entertainment space that opens to a balcony. With an en suite bathroom on this level, the space can be converted into a sixth bedroom, a gym, or a hobby room.
FRX Capital enlisted the project architect, DS Architects – the same firm behind its Mount Rosie Collection. As a result, the house is equipped with similar luxury features such as V-Zug kitchen appliances, marble flooring throughout the five levels, timber flooring in the bedrooms, and full marble bathrooms. The master bathroom includes a standalone bathtub and dual vanity tops with separate sinks.
According to Oliver Siah, founder and group managing director of FRX Capital, the unique trapezoidal shape of the site gave DS Architects the freedom to design a distinctive home with uniquely shaped balconies and terraces, while keeping the interior spaces regular and practical. The Shepherd’s Hill Estate in District 3, a small, peaceful landed enclave located off Stirling Road, is one of those hidden gems.
Shepherd’s Hill Estate is a small, tranquil landed enclave in the Queenstown area of District 3. The estate sits on elevated ground and is primarily made up of detached houses, with the added benefit of being near other Good Class Bungalow areas such as Ridout Road, Ridley Park, and Chatsworth Road. The Queenstown MRT station on the East-West Line is only a four- to six-minute walk from the estate.
FRX Capital purchased the freehold site at 3 Merino Crescent in August 2022 for $7.5 million ($1,455 psf), according to a caveat. The original bungalow was demolished, and the current five-storey home was built in its place.
According to a caveat lodged in May 2024, the most recent transaction on Merino Crescent was for a detached house on a 4,662 sq ft freehold plot, which sold for $8.2 million ($1,759 psf).
Another detached house in Shepherd’s Hill Estate, this time on a 5,668 sq ft freehold corner plot along Stirling Road, was sold for $12.3 million ($2,170 psf) in January 2025. The property had previously been sold for $6.96 million ($1,226 psf) in January 2022.
Siah claims that the newly completed detached house at 3 Merino Crescent is now available for $16.888 million ($3,276 psf based on land area). However, based on its built-up area of 13,615 sq ft, the price works out to just $1,240 psf.
“The house is perfect for multi-generational families, providing a good balance of private rooms and shared communal spaces,” says Siah.