What most Singaporeans aspire to purchase. But you usually end up tied to your job, unable to quit, even if it sucks big time. Even with a grant, you’ll be in debt for years and somehow you don’t really purchase the flat as the lease expires in 99 years (especially if you have kids), so it’s more like renting it. But in land scarce Singapore, where a condo unit is over a million bucks, even being able to own a government flat is quite a big undertaking. A new 3 room flat in a good location, costs about half a million at least? I could be wrong as I don’t keep tabs on the market. It’s often said that Singapore is full of millionaires, but I don’t think it’s fair to also count the roof over their heads.
But I quite liked this photo I snapped some time ago. The sky was real pretty that day.