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My favorite aspect about Singapore is that 85% of people live in "public housing", mostly under 99-year leases, which, per Wikipedia:

"is generally not considered as a sign of poverty or lower standards of living, as compared to public housing in other countries. Although they are cheaper than privately built homes in Singapore, they are also built in a variety of quality and finishes to cater to middle and upper middle income groups"



They are publicly built, but people can (and do) buy them from the state. I was living in a public housing project from the 40s (Tiong Bahru) when I was living there. It was one of the earliest such projects, and is now a conservation area. In the current market, my old flat with 4 rooms, two bathrooms, 1 kitchen would net around 1.2 million SGD. I was renting from the private owner for 4k SGD a month.




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