You can argue as much as you like, but the reality is owning and living in a condo in Singapore is one of the most coveted 5Cs. Only those who can't make it will try to justify otherwise until "the cow come home".

Only 15% of Singapore residents live in condos or landed. If 5% stays in landed, then only 10% of Singapore residents live in condos. So, if you are among the 15%, you are in the top 15% of Singapore society. This is a FACT. Period.