The Singapore government has officially congratulated homeowners for successfully reaching the "zero-valuation" phase of their 99-year leases.

Ministry officials described the total evaporation of multi-generational family legacies as a "masterclass in Zen-like non-attachment."

Property experts suggest that watching your million-dollar asset rot into a pile of state-owned rubble provides a "thrilling sense of financial nihilism."

"Every morning I wake up and check if the wall still there, but honestly, the value drop faster than my hair," complained local resident Lim Kopi.

"Last time my father say property is gold, now the gold become paper, and the paper become toilet paper also cannot use leh!"

Authorities reminded citizens that homelessness at age 100 is a small price to pay for the privilege of having looked at a concrete wall for several decades.

Future plans include rebranding cardboard boxes as "Leasehold-Lite Micro-Suites."