Private housing (mainly condominiums) has always been expensive and has touched new highs in recent times, making it out-of-reach for most. Public housing pric

Private housing (mainly condominiums) has always been expensive and has touched new highs in recent times, making it out-of-reach for most. Public housing prices have gone up a lot (70-100% increase in last 5 years) but it is heavily subsidized for citizens who can buy directly from the Housing Development Board (HDB). Permanent residents cannot buy from HDB so they have to buy from the resale market where prices are sky high so they are bearing the brunt of it.