Its ridiculous the so call Housing Development Board's flats which are supposed to be "public" housing has set such high prices. And the kicker comes in when citizens are allowed to use their pension funds to pay for its mortgage, however, whatever funds you withdraw from pension, on selling the flat, you have to pay back the principal withdrawn plus 2.5% interest compounded for the whole period of withdrawal!!! Paying own interest on pension funds!!! Okay, the idea is not to touch pension funds to fund your housing purchase, but if public housing is that expensive, what other options can people have to have a home in their own country?