The Monetary Authority of Singapore has finally approved a revolutionary "Eternal Serfdom" housing loan to help citizens cope with skyrocketing property prices.

Under this new scheme, interest rates are calculated based on your remaining life expectancy and your willingness to survive on plain crackers for the next century.

"Wah, 150 years very good leh, my grandson also can help pay, then I can buy more COE cars!" said Mr. Lim, a local property enthusiast.

Financial experts suggest that becoming a permanent financial slave to a concrete box in the sky is the ultimate pinnacle of the Singapore Dream.

"Liddat loh, borrow money until I die also haven't pay finish, but at least I got sea view right?" another hopeful buyer remarked.

The bank confirmed that while you may never truly own your home, you will definitely own a very impressive collection of bank-branded debt collection letters.