Non-affiliated political veteran Cecilia Yeung Lai-yin pulled out of the race for the Kowloon East constituency yesterday because she cannot afford the cost of the campaign. Announcing her decision on the last day of nomination, Ms Yeung said she was surprised at the campaign cost and size of the 518,035-voter constituency. 'Everything needs money. It costs me too much [to win a seat]. Who has hundreds of thousands dollars available at such a time after the economy has suffered such a plummeting?' she said. Ms Yeung, 69, initially set a budget of $400,000 but then found she needed at least $700,000. The ceiling of election expenses for Kowloon East is $1.5 million. She insisted she did not want to seek funds from the public. 'I am not asking for a job. Legislators should serve the public only when they have money and time,' she said. Ms Yeung said the constituency was too big for the campaign she had planned. 'I would not be able to pay door-to-door visits to many private buildings. How can voters get to know such a one-man-band candidate?' she said. The community leader was a member of the now-disbanded urban council from 1971 to 1995. She had been planning a comeback since being soundly beaten by pro-democracy unionist Lau Chin-shek and Democrat Conrad Lam Kui-shing in Kowloon Central in 1991. There are now four lists in Kowloon East, including the Democratic Party, the Democratic Alliance for the Betterment of Hong Kong, and non-affiliated candidates Simon Shi Kai-biu and Lam Hoi-shing.