Thanks again. I'll check with HR which bank they will bank in salary and probably will get them to issue me a letter for account opening.

Good for you. Gonna check if my new company have such "benefit" too...

me

me also... tonight only go back KL. btw Mackiddo, got the rebate already, thanks so much..... that's the correct sticker needed.

thank you for your help as well, Happy Chinese New Year bro.

Is it true that there is a maximum capping for CPF contribution?

Hi bros, need advice here.

As my previous post, my 1st interview in JB went well and now the HR staff and Manager who interviewed me want me to go to SG and meet the Director. Problem is they want me to give the figure of how much I'm accepting instead of offering me .

The job ad stated that vacancies in JB but after interviewing me, the manager want me to work in SG instead. So, I never think of earning SGD. I tried to find from Jobstreet.com.sg salary report, but I think there something really wrong with the figure (too low)

For reference, I'm mechanical engineer with 6 ++ years experience and I will be joining the same industry. I'm very thankful if someone can give me the salary range I should be getting.

Thanks

This post has been edited by saiga: Feb 5 2011, 01:01 AM

yes

Guys, few questions from me, hope you guys can share your experience

1) I plan to bring over some money to SG as startup cost. Currently I don't have a SG bank account yet. Is it better if I open a bank account in SG, then only I transfer the money (oversea TT) from Malaysia to my SG bank account? This would be troublesome as I need to come back to MY after I open a bank account in SG. Is there any convenient way (except bring cash) that I can bring my ringgit to SG to open bank account straight away?

2) I plan to live around the Sengkang compassvale area. Rental is kinda expensive - SGD2500 for a whole HDB unit... but no choice. The area looks kinda neat and clean. Been there once. Anyone staying there? (near scrupture park) Got 2 small kids with me any daycare recommendation? I see the fees is about SGD600 per child. Reasonable?

3) PR - I heard PR is harder to get nowadays. Both me and my wife are degree holders, chinese, with 2 kids. Plan to apply for all, under my name. Any tips? Really wanna get PR asap, in order to buy a HDB, before the rental kills me.

4) Anyone owns a car? I wanted to ask the HDB parking lot price...? been googling without much success.

Thanks guys. This forum discussions really help me a lot. Hopefully in the near future i can join in more discussions. I will be there hopefully in few months time. Currently waiting for my company to finalise my transfer package to SG.

for both employer and employee contributions?
wonder why the govt wanna impose this rule....

How much you should be getting? Hard to say,.. really depends on:

- profession (mechanical eng)
- industry (what does your employer do? Mfr, trader, consulting etc?)
- size of employer (larger employers generally pay more)
- type of employer (single proprietor or partnership, SME, small listed, large listed, blue chip listed, small or regional MNC, large or global MNC, if MNC what kind of operations in SG, country operations, regional HQ, global HQ etc)
- quality of your qualifications (where your degree is from and what grade did you get, your professional qualifications, transferable skills etc)
- quality of your experience (the industry, size, type of your former employers, and what exactly did you do ie. job or responsibility size, job history - did you have constant promotions and enlargement of job size).

Generally, if the SG job's size and scope is similar to what you're doing in MY and the employer is a similar industry, size and type), then my rule of thumb is a minimum of 85% of your current RM salary in S$.

---

Added on February 5, 2011, 12:46 pmBuy travellers cheques in MY, bring to SG, encash at the bank, open bank acc and bank in.

Or open Maybank savings accounts in both MY and SG. Then use Maybank's Regionlink money transfer to move money between the Maybank accounts in both countries. This should be the most convenient.

Lastly, since you're on company transfer, shouldn't your transfer include relocation benefits?

We recently hired a tech service engineer and a treasury systems analyst, both from Malaysia. Both of them got assistance package of flight into SG, 2 months hotel stay in SG and one off relo assistance allowance for them to pay rental deposit & advance, buy white goods, furniture etc. Around S$10K I think. The salaries for their job levels are between $7-9K per month. These were brand new hires.

For internal permanent transfers (ie. non-expat), the relo package is much better. Hotel stay & car hire for 2 months, lump sum allowance of around 12 months of new SG salary tax-free to help you settle into SG and move out of Malaysia (ie. pay off loans, sell property & car etc).

Both allowances were paid on the first day of reporting for duty in SG.

This post has been edited by seantang: Feb 5 2011, 12:53 PM

Hi, is it easier to quit my current job and look for another or quit only when I've found another job since I'm currently on EP and not a PR. If I choose the earlier options what will happen to my employment status?

Thanks very much, this helps (Maybank).

I have not been briefed on the relo package yet. So wanted to find out myself first. From what i heard, most likely i will be given a lump sum of money, and the rest i have to "eat myself"... company only do a few things for me, like hire tax consultant to do tax filing, immigration stuffs.

Also wanted to ask - for your company internal permanent transfer candidates, will they buy a private condo or how? they can't buy HDB on arrival right?
Even with 12 months SGD advance salary, buying condo is still almost impossible (assuming salary SGD7k).

This post has been edited by charhorfun: Feb 5 2011, 03:44 PM

You need to be a PR with a family unit to buy 2nd hand HDBs.

It's to ASSIST their settling in and exiting any commitment in their home country. Not GIFT a condo in SG to them.

Understand.. so they (the new internal permanent transfer staffs) will be renting a condo?
even with SGD7k, its still hard to afford rental of a condo.

This is my biggest concern. Sell property in MY, take all $ to SG, but can't afford a condo, can only afford HDB. If want to buy HDB, have to wait to get PR first. If PR application delayed and took 1-2 years, then all the money brought from MY would have been spent on rental

So that's why i wanted to hear how other people handle this, so that i can negotiate a reasonable relo package with my company.


This post has been edited by charhorfun: Feb 5 2011, 04:02 PM

You can rent a HDB. The rentals range from 1500-2500 depending on age, size and location.

You will be earning a salary in SG. Why would you have to dip into your existing MY savings or assets to pay rental in SG? If you're not earning enough to pay rental, why would you even consider moving to SG?

And why not keep your property in MY, and just rent in SG? When your SG pay gets higher and you feel you can afford it (or when you get your PR), then buy a property in SG. Is there a need to sell your property in MY?

I don't understand your dilemma.

im selling my Firstcoach seat for tomorrow.

Route: PJ (Bandar Utama) to SIN (The Plaza)
Date: 6 Feb 2011 (Sunday)
Time: 10.00 AM
Fare Type: Adult
Seat: 11
Price: RM50
Reason for selling: wanna stay back for CNY a little longer.

Kindly SMS me at 016-2556936 as I will offline soon, first come first serve basis. We'll meet at One Utama at 9.30AM to COD so that you can directly check in.

Thanks!

Just wan to double confirm, tat is for people with work permit / PR?

Of course. If you don't have a permit and are not a PR, how would you be working there?

This post has been edited by seantang: Feb 5 2011, 06:31 PM

understanding that i need to secure a job first, then the employer will assist me to apply work permit.
before i reach that stage, any general idea on what range of salary that i can expect from SG based on my MY salary?

Hi bro Seantang,

Thank you very much for the detailed explanations . I did meet all the criteria listed by you so I will try my luck with 85%

---

Added on February 6, 2011, 6:29 amerr, I thought bro Seantang already informed around 85% in his previous post

This post has been edited by saiga: Feb 6 2011, 06:29 AM