if a foreigner can afford 1 million they would have chosen
private condo.....
There is a price to service a condo, which can goes up to 500 or 1k
per mth for luxury type like my silversea. And frankly, condo are
not as big as old time HDB flat, especially those executives
penthouse type or those jumbo type which delighted the foreigners
who if from China, like big big house for their parents and even
sibling to come in to stay and share the payment. In China, every
flats is called condos, so if you tell a china chinese you are
living in a condo like mine, they said it is common, so they view
HDB as a condo, with cheap service charges, for most foreigners,
they dun fancy swimming pool or spa pools at all, the different btw
a condo and a HBD flat is merely the pools, the security guards and
the high maintaining fees.