[[[ForeverAlone]]]

Commentary: Why buy a S$1 million HDB resale flat instead of a private condo?
https://www.channelnewsasia.com/commenta...ce-2753151

Actually " downgrade " Earn Profits.

Some are condo owners , they sold their condo and downgrade to HDB , pay 1 million still got spare.
Some are landed property owner too downgrade to HDB.

I do have a neighbour who used to stay in Landed property. From what I know they downgrade due to son business close up etc need money to pay debts etc so they sold off their landed property pay off the debts beside buying a Resale HDB flat.