QUOTE(da3xiah @ Aug 28 2009, 12:29 PM)
yep. i miss singapore for its clean air and environment, courteous people and very convenient (and punctual) public transport!
punctual ? not really.. but at least it's better than MalaysiaWorking Life in Singapore V3, FAQs, experience sharing, meet-ups
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Aug 29 2009, 12:43 AM
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834 posts Joined: Dec 2007 From: there |
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Aug 29 2009, 02:05 PM
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253 posts Joined: Mar 2009 |
QUOTE(seantang @ Aug 28 2009, 08:24 AM) Bcos of of the following reasons:-1) Job security 2) Maybe wanted to jump to other company after working in this company for 1.5 yrs. Let's say the company gonna retrench u next Monday, u cant still apply for other jobs based on your PR status. Secondly, it is much more easier to apply a job as a PR than u are on a EP or WP. So, if I can apply for PR and at the same time does not need to contribute CPF, that would be great. |
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Aug 29 2009, 05:32 PM
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6,624 posts Joined: Jul 2006 From: singapore & ipoh |
QUOTE(dveHetal3 @ Aug 29 2009, 02:05 PM) Bcos of of the following reasons:- Yes, it would be great... but maybe not.1) Job security 2) Maybe wanted to jump to other company after working in this company for 1.5 yrs. Let's say the company gonna retrench u next Monday, u cant still apply for other jobs based on your PR status. Secondly, it is much more easier to apply a job as a PR than u are on a EP or WP. So, if I can apply for PR and at the same time does not need to contribute CPF, that would be great. If you need "money fast" like you said, and that $900/mth (max) is going to be a problem, then don't be a PR. You can't have your cake and eat it as well. For me, I treat my CPF as a long term FD which matures at 55. I have to contribute 900/mth to this FD, but my employer also contributes 650/mth. Therefore, I invest 900/mth so that I get an additional 650/mth. It's a whopping 72% upfront return on investment. Easy money. |
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Aug 29 2009, 05:49 PM
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519 posts Joined: Oct 2004 From: Petaling Jaya |
QUOTE(seantang @ Aug 29 2009, 05:32 PM) Yes, it would be great... but maybe not. Wow, your salary pretty high. SGD4.5k huh~ May I know your job title?If you need "money fast" like you said, and that $900/mth (max) is going to be a problem, then don't be a PR. You can't have your cake and eat it as well. For me, I treat my CPF as a long term FD which matures at 55. I have to contribute 900/mth to this FD, but my employer also contributes 650/mth. Therefore, I invest 900/mth so that I get an additional 650/mth. It's a whopping 72% upfront return on investment. Easy money. |
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Aug 29 2009, 06:14 PM
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Senior Member
6,624 posts Joined: Jul 2006 From: singapore & ipoh |
QUOTE(oks911 @ Aug 29 2009, 05:49 PM) Wow, your salary pretty high. SGD4.5k huh~ May I know your job title? S$4500 is the maximum salary on which CPF is payable. That means that if you earn 10,000 salary, only the first 4,500 is eligible for CPF. The remaining 5,500 is not.So, monthly CPF employee contribution is 20% of salary or 900 (20% of 4500), which ever is lower. Added on August 29, 2009, 6:28 pmThe Price & Earnings 2009 survey by UBS is quite interesting to read. This is a good measure of the earning power by city, I reckon: QUOTE Working time required to buy 1 iPod nano 8 GB, in hrs. Having said that, I'm quite surprised by Sydney though. I don't think wages are so high in Sydney, even exceeding London and Tokyo. I reckon there must be an error.Bangkok 66.0 Beijing 73.0 Dubai 20.0 Hong Kong 19.0 Jakarta 93.0 Kuala Lumpur 52.0 London 11.0 Manila 128.5 Mumbai 177.0 New York 9.0 Seoul 22.0 Shanghai 56.5 Singapore 27.5 Sydney 9.5 Taipei 23.5 Tokyo 12.0 Methodology: Price of the product divided by the weighted net hourly wage in 14 professions Singapore and KL look right, with Singapore wages being ~2X. Singapore's bit too much below HK though, and I didn't think Taipei wages would be so high. This post has been edited by seantang: Aug 29 2009, 06:40 PM |
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Aug 30 2009, 01:25 AM
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5,859 posts Joined: Mar 2009 From: KL in JB/SG : |
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Aug 30 2009, 02:59 AM
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519 posts Joined: Oct 2004 From: Petaling Jaya |
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Aug 30 2009, 03:44 AM
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673 posts Joined: Jun 2008 From: Malaysia our heavenly home |
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Aug 30 2009, 03:58 AM
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253 posts Joined: Mar 2009 |
QUOTE(Mackiddo @ Aug 30 2009, 01:25 AM) SGD4.5K consider very low. Average Singaporeans earns about 8K to 20K a mth.In terms of percentage of millionaire in a country, Singapore ranks 2nd behind Hong Kong whereby 24% of the total population of Singapore are millionaire. HK is 26%. |
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Aug 30 2009, 04:56 AM
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673 posts Joined: Jun 2008 From: Malaysia our heavenly home |
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Aug 30 2009, 10:10 AM
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6,624 posts Joined: Jul 2006 From: singapore & ipoh |
QUOTE(dveHetal3 @ Aug 30 2009, 03:58 AM) SGD4.5K consider very low. Average Singaporeans earns about 8K to 20K a mth. Where did you get your statistics from?In terms of percentage of millionaire in a country, Singapore ranks 2nd behind Hong Kong whereby 24% of the total population of Singapore are millionaire. HK is 26%. From Singstat, 8-20K is the range of household income from the top 40% of households in Singapore. Your definition of "average" ignores the income level of the bottom 60% of households. More accurately, Singaporean households earn 7,750 on average. Additionally, a household means at least one, but frequently 2 working adults. Here's a more applicable for individuals, although it was done in 2000. Only 5.2% of total salaried workers draw >8K per month. 1 in 4 people are millionaires? A bit too high, don't you think? QUOTE Number of S'pore millionaires could soar to 29,000 by 2011 Grace Ng Thu, Oct 11, 2007 The Straits Times MEMBERSHIP in Singapore's 'millionaires club' is skyrocketing, with the number of people holding at least US$1 million (S$1.48 million) in liquid assets expected to hit 29,000 by 2011. That will be an increase of 7,000 - or about 7 per cent a year - while their combined wealth is expected to swell from US$64 billion now to US$85 billion (S$125.4 billion) in four years. The figures come from a report entitled Wealth Management In Singapore 2007 from London-based research firm Datamonitor. Its financial services analyst, Mr David Lalich, said this outlook was particularly rosy, given that the world economy is expected to slow down in the next two years. This post has been edited by seantang: Aug 30 2009, 12:17 PM |
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Aug 30 2009, 07:31 PM
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253 posts Joined: Mar 2009 |
Happy Merdeka to all Malaysians here.
Anyway forget about this country la, so far I see no hope and future in this country. |
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Aug 30 2009, 08:18 PM
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3,256 posts Joined: Dec 2006 From: Mars not Venus Status: In a Relationship |
What is there to celebrate for Merdeka, I think our life would be better off if we're still under British.
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Aug 30 2009, 08:55 PM
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49 posts Joined: Jun 2009 From: JB |
Malaysia itself i think is pretty much an alright place, just that the ppl in charge is pretty screwed up...
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Aug 30 2009, 08:59 PM
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5 posts Joined: Aug 2009 |
emm..........can i know more about the condition to apply become a PR?
the website given not really clear....... >.< |
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Aug 30 2009, 09:20 PM
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253 posts Joined: Mar 2009 |
QUOTE(Celebrex @ Aug 30 2009, 08:55 PM) Malaysia itself i think is pretty much an alright place, just that the ppl in charge is pretty screwed up... Malaysia still an alright place? U must be kidding. I feel ashamed that Malaysia losses to Singapore in everything.Racial issues, political issues, crime problems, religion issues, rasuah, economic problems etc etc all screwed up... all not even on par with Singapore. U tell me what have Malaysia achieved after 52 years??? Send a space tourist into the space? |
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Aug 30 2009, 09:40 PM
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435 posts Joined: Sep 2005 From: penang |
QUOTE(dveHetal3 @ Aug 30 2009, 09:20 PM) Malaysia still an alright place? U must be kidding. I feel ashamed that Malaysia losses to Singapore in everything. Since u feel ashame of malaysia, please convert to be singaporean! U juz fxxk off from this malaysian forum! Racial issues, political issues, crime problems, religion issues, rasuah, economic problems etc etc all screwed up... all not even on par with Singapore. U tell me what have Malaysia achieved after 52 years??? Send a space tourist into the space? Im always proud to be malaysian! U complain so much, what actually u contribute to malaysia? |
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Aug 30 2009, 09:46 PM
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51 posts Joined: Dec 2008 From: Kuala Lumpur, Malaysia |
QUOTE(hkhk @ Aug 29 2009, 12:43 AM) punctual ? not really.. but at least it's better than Malaysia maybe i should put "as opposed to malaysia", hahaha. here LRT takes forever to come (no need to consider KTM). and buses, if they even turn up at all!This post has been edited by da3xiah: Aug 30 2009, 09:46 PM |
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Aug 30 2009, 10:29 PM
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Senior Member
3,256 posts Joined: Dec 2006 From: Mars not Venus Status: In a Relationship |
QUOTE(giorgene @ Aug 30 2009, 09:40 PM) Since u feel ashame of malaysia, please convert to be singaporean! U juz fxxk off from this malaysian forum! I guess he meant Malaysian government but not Malaysia as a whole. But what makes you proud?Im always proud to be malaysian! U complain so much, what actually u contribute to malaysia? |
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Aug 31 2009, 01:00 AM
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834 posts Joined: Dec 2007 From: there |
QUOTE(Celebrex @ Aug 30 2009, 08:55 PM) Malaysia itself i think is pretty much an alright place, just that the ppl in charge is pretty screwed up... QUOTE(dveHetal3 @ Aug 30 2009, 09:20 PM) Malaysia still an alright place? U must be kidding. I feel ashamed that Malaysia losses to Singapore in everything. DveHetal3, please read the full sentence..Malaysia losses Singapore, not because of the place, but the persons in charge & their subordinate, can;t make a proper management. Just like my company is a good place to work, but the pay is lowest among the company coz the HR screwed up. |
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