Health property.

palmcut

The following appeared recently in the Irish Times.


THE CURIOUS CASE OF THE WOODSIDE DROP

Irish Times - Supplement, P12

And in other Shrewsbury Road news, there's the curious case of Woodside, 18 Shrewsbury Road, Dublin 4, which was sold by the Pharmaceutical Society of Ireland at the beginning of the year for a sum widely reported to be EUR8 million but is listed on the new property price register as having sold for EUR1.7 million.

Woodside is difficult to find on the register as it's listed wrongly as "Shresbury Road". When we contacted the PSRA to enquire if the price is also a typo, they replied: "The information in the Register is that which is filed for stamp duty purposes with the Revenue Commissioners by those doing the conveyancing of the property. The PSRA does not in any way edit the data. It simply publishes, in a fully transparent manner, that which is filed. At present nearly 100 per cent of the data is filed online directly by the purchaser's solicitor. Any errors in the data are errors made by those filing the data."

In late 2008, it's believed the Pharmaceutical Society of Ireland was instructed by the Government to place the home on the market for a figure in the region of EUR25m. This figure probably seemed achievable at the time considering Walford, regarded as an inferior house, sold for EUR58 million during the boom. Woodside is one of the finest houses on the road and while some sources believe it actually sold for closer to EUR5 million than the EUR8 million that was reported, it remains to be seen if the price recorded on the register is an error or if there's another explanation. The PSRA says where potential errors are reported to the authority, as in this instance, "they will be taken up with the Revenue Commissioners for their consideration". Watch this space.

Woodside, 18 Shrewsbury Road, reportedly fetched EUR8 million but is on the property price register as having sold for EUR1.7 million

sam34

op, have you a comment to make on this? it's site policy to put forward your opinion on an article you copy & paste.

palmcut

sam34 wrote: »

op, have you a comment to make on this? it's site policy to put forward your opinion on an article you copy & paste.

I posted a comment with this article earlier but it was deleted.
My reason for posting is that it appears that 6.3 million may have gone missing. There may well be a reasoned and reasonable explanation which I would love to hear.
I would not suggest that any skulduggery has taken place. Perhaps the I.T. will have more information later.

RobFowl

palmcut wrote: »

I posted a comment with this article earlier but it was deleted.
My reason for posting is that it appears that 6.3 million may have gone missing. There may well be a reasoned and reasonable explanation which I would love to hear.
I would not suggest that any skulduggery has taken place. Perhaps the I.T. will have more information later.

You posted it in a thread on the new secretary general at the DOH.
I deleted it because it was off topic.
I'm closing this until I discuss it with the other mods

sam34

ok, after mod-discussion we have decided to leave this thread closed. any discussion at the moment is pure speculation and thus unhelpful. if more info comes to light them it can be reopened.