3 ms·
Singapore has public housing. You don’t own the unit. You lease it from the govt. I think it’s 99 year lease transferable. Most residential units are not used
by jelliclesfarm 6y ago
Singapore has public housing. You don’t own the unit. You lease it from the govt. I think it’s 99 year lease transferable.
Most residential units are not used or traded as a speculative asset.
[..] The majority of the residential housing developments in Singapore are publicly governed and developed, and home to approximately 78.7% of the resident population.[..]
https://en.m.wikipedia.org/wiki/Public_housing_in_Singapore https://en.m.wikipedia.org/wiki/Public_housing_in_Singapore