HDB/CPF transaction – Dead man is alive

I am wondering if this is a good analogy of the transaction involving the purchase of a HDB flat using CPF money. Many would believe that once the purchase is fully paid up, by cash or CPF money, the deal is done, the end of the story. In reality the purchase of a HDB flat using CPF money, even when fully paid, is like a man suffering from cancer. The ‘dead’ man may not be walking around, but inside him the cancerous cells are fully alive and kicking, non stop. Even if the man drops dead, the cancerous cells continues to multiply until the body is burnt or rotted away.
 
Many would thought they would have peace of mind once they have fully paid for the property even with CPF money. If it is cash, the transaction is done and everything ends. Once CPF money is involved, the whole deal is alive and kicking, because someone said the CPF money is not yours. There are two parts to this deal that will continue to be alive like the living dead. One part is the financial obligation owed to the HDB that could be changed over time. The second part is the interest owing to the CPF money which is rightly your money, but to some not your money.
 
In the case of the HDB part, when you sell the property, the HDB has the right to impose a levy on your capital gain. Who owns the property? And when you resell the HDB flat, you would have to pay up, to the HDB, a percentage of the sale price as levy. It is your property, you pay property taxes, but HDB is sitting there waiting to rob you of your capital gain as if it is a passive owner of your HDB flat. Clever or sneaky, up to you to call it. In the case of a really private property, you sell and get back whatever is the transacted price.
 
The CPF part is that though the money is yours, though the purchase is fully completed, the CPF is still counting the interest on the CPF money you used for the property. There is no such thing as a done deal. The CPF interest is forever kept alive, like cancerous cells. Some were so intrigue by this ridiculous thing of paying interest on using your savings to buy properties. When you sell the property, the interest would be computed, back dated to the day you buy the property with the CPF money. Clever or sneaky, say what you like.
 
It is as good as dead man alive. When one takes a bank loan to pay for a property, this transaction is fully closed. The part that is alive is the repayment of the loan taken from the bank. When using your CPF, you will still be owing interest to your own money you withdraw from the CPF. You borrow from yourself to pay for a property and you owe interest to your own money. If you die without selling the property, I dunno whether the CPF would insist on your beneficially to pay for the interest when they sell your property. Presumably they would not as you will be dead and gone.