I think what he means is that, given the choice, people there would opt for a good class bungalow (essentially your 'detached home', but most will never be able to afford it).
That is an obvious statement, but the analogy breaks down a bit as in Singapore, whether you live in a GCB or in HDB (social housing), everything is relatively close by regardless. Hence, there isn't really much of a trade-off at all - living in a GCB just affords more space and privacy (at an exponentially inflated cost).
That is an obvious statement, but the analogy breaks down a bit as in Singapore, whether you live in a GCB or in HDB (social housing), everything is relatively close by regardless. Hence, there isn't really much of a trade-off at all - living in a GCB just affords more space and privacy (at an exponentially inflated cost).