New word to describe Singapore's housing prices - Mesosphere
Posted: March 30, 2010 by fievel in Labels: Housing, Singaporehttp://www.zaobao.com/sp/sp.shtml
Check out the above link....It's Singapore's Chinese newspaper featuring another amazing feat 'achieved' by our 'still affordable' hdb flat resale market. A prospective buyer has bid $900,000 for an Executive Maisonette flat in Bishan, paying a whopping $170,000 cash-over-valuation.
The kick, however, is that the deal has not gone through as the owners are asking for a firm offer of $950,000!!
Somehow this piece of news did not feature on Straits Times Online though...
The next time you feel like using a big word with your friends, don't say Singapore's cost of living has gone through the roof, don't say that it's gone through the stratosphere, say that it's gone through the mesosphere!