Public housing in Singapore is affordable if you win the ballot for a new unit. Otherwise the secondary market is allowed to float and basically the only restri

Public housing in Singapore is affordable if you win the ballot for a new unit. Otherwise the secondary market is allowed to float and basically the only restriction is that they must be sold to Singaporeans (i.e. citizens or permanent residents). I don't think it's really done much to curb the exuberance, there's plenty of talk of flipping these units once the minimum occupancy period (5 years) is up.