i disagree with people who say dont buy but i would agree , depending on the property, it maybe not easy to resell. and the cost to resell is quit high (fees taxes etc)
as a co owner of a condo you all own the land collectively so no other land lease fees as you mentioned but there is land or property tax its not much lastly if you buy and older comdo they can impose one off fees for major repairs they can also increase the CAM but thats not easy to do
they didnt to me once when i actually needed that extra day, so i looked at it and told him and he corrected it its a manual change and if its a few minutes after 12 they wont realise to be fair
to be fair Rob is correct Damo relying on taxed twice on same money as his argument which is kinda true but not really the purpose or application of any tax treaties.