Tuesday, 4 December 2007
Had read the article below from straitstimes.com
I was caught by the headlines but it was the spelling and punctuation mistakes that got me thinking.... this is straitstimes.com not any personal blogs, etc... Was there no one to do proof-reading before posting it up?
Mistakes are highlighted in 'RED'.
3-room HDB flat goes for $380,000
A 27-year-old three-room Housing Board flat in Upper Corss (wrong spelling) Street was sold for $382,000 last month - some $100,000 above valuation.
That same month, a 31-year-old unit at Marine Drive was sold for $350,000 - about $75,000 above valuation, according to a report in The New Paper on Tuesday. The owner had bought it for $250,000 about five years ago, and forked out another $70,000for renovation.
The unit, with a sea-view is on the ninth floor of a 13-storey block.
The buyer, who was downgrading from a private property, bought it as her retirement home (no full stop)
Industry watchers said they are believed to have set a record for three-room HDB prices here, and are more expensive than many five-room flats in the market.
For comparison, a five-room flat of about 31 years old in central Toa Payoh was sold for $337,000 in November.
PropNex's chief executive (should 'Chief Executive' starts with Capital letters because it is a title?) Mohamed Ismail told The New Paper that these prices are even higher than those sold during the property peak in the mid-1990s.
Generally, prices of three-room flats rarely fetch more than $300,000, he said, but added that the new record-breaking prices are not a benchmark of the entire and are "an anomaly." (full stop should come after the ")
Last month, two five-room flats in Marine Parade were sold at record breaking prices of $750,888 and $730,000.
Posted by Lilian is ... at 23:36