I do highly respect our government in their business dealings. They took a piece of land (free to them of course) and build a HDB flat to sell to 100 families. Next they charge property tax for 99 year lease and then charge them $65-$90 per month for car park space. This is one of the best cash flow plans. 99 years later, they took back the land and re-package it again and sell it to another 100 families. In short, they collected one lump sum of money when they sell 100 units. Next, they collect monthly cash flow in terms of property tax and car park charges.
To summarize, they got all their money back when they sell 100 units to the people, and they still own the asset and enjoy the benefits of cash flowing from the asset. Really, we must hand it to the government. For the car park and flat, they got low-cost foreign workers to take care of the maintenance, like lift, grass cutting, and etc.
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