Property taxes also apply in Singapore and I believe in practice eminent domain is rarely exercised. But the home ownership rate is the thing I feel the most I

Property taxes also apply in Singapore and I believe in practice eminent domain is rarely exercised. But the home ownership rate is the thing I feel the most I should correct. It is very heavily pushed that Singaporeans own their homes. But legally they are renters. By a proper definition, probably something like 90% of Singaporeans are renters, not home owners.