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 Working in Singapore v8, Tan vs Tan vs Tan vs Tan

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Aloong
post Sep 7 2011, 05:19 PM

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QUOTE(mercury8400 @ Sep 7 2011, 03:07 PM)
Market price of what?
If the reits assets i.e. the buildings (especially commercial reit play i.e. shopping centres) are located in prime area (suntec, orchard) there is very little risk that the market price for rental will drop. At worst it will remain stable i.e. no up no down. Commercial property in prime area is always in demand irregardless of the economic disposition.
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I was referring to share market price.
On the property valuation done here is on the high side, especially seller (promoter) will thrashed their into reits are at most positive timing/pricing and best rental yield.
Once there is a negative outlook in economies, which does affect demand for rental or outlets, especially those with foreign brands, which may pull out or cut down on stores here, this will screw up rental yield and eventually valuation (reasonably done at that time with questionable sensitivity analysis) will screw up as well.
Hence, wat im trying to say is reit are indeed "volatiled" by economies, as opposed to theoretically property investment is a safe investment, hence is kinda immune to economies in general.
Please note, I'm note trying to generalise and say reit are no good investment, but dun assume reits are a good classification for your slow and steady portfolio.
Aloong
post Sep 7 2011, 09:28 PM

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QUOTE(XavierKee @ Sep 7 2011, 09:04 PM)
anyone can tell me if u have a permit, do u make "access card to pass the custom easier? any place to make them?
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Can clarify further wat "access card to pass the custom easier"?
I only know u just need the permit and the passport to pass thru the custom.
If ur a EP holder, u can just use your passport go thru the auto machine.
Good to carry your permit together though, just in case.
Aloong
post Sep 8 2011, 09:45 PM

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QUOTE(seantang @ Sep 8 2011, 09:30 PM)
36 : 25 : 35
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wow nice moobs
Aloong
post Sep 9 2011, 09:30 PM

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QUOTE(mea05key @ Sep 9 2011, 07:01 PM)
Anybody for yumcha session tomorrow/Sunday lunch?
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Sure how bout Sunday teabreak at Bugis?
Wu Chun, Taiwan famous artiste will be in Bugis around 7.30pm.
No, I'm not interested with him, but... drool.gif
Aloong
post Sep 10 2011, 01:36 PM

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QUOTE(jackyyong @ Sep 10 2011, 11:52 AM)
Guys, help me decide. I got an offer as a post of Assistant Manager in a well established insurance firm in Sg. I'm currently working at a major financial institution in KL. SG is offering me SGD5000. My fixed expenses in KL is around RM6000. I already have a family (house, wife, two kids and my parents) in KL. So the question now is, does it make sense to accept the offer in SG? Here's the extra cost in SGD if I go to SG:

Rent a room : 500
Communication (since i am so far from family) : 300 (??)
Food : 300
Travelling (I still need to go back to KL at least once a month) : 300 to 500 (??)

By this calculation, it does not really make sense to go there anymore. But in the long term, if I bring my family over to SG (and if my wife also finds a job in SG), perhaps it will be better?

What do you guys think?
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Compare ur net savings in RM (net tax and EPF) if u stay in KL to potential net savings in RM (converte from SGD net of tax and cpf)
If it's double then yes, if it's the same not worth it, and keep looking.
It may not be easy to look for job in SG, so ur temporary separation with ur wife, u shd expect about 2 years.

But based on ur information, assuming u have fixed expenses in KL RM6k, so without u in KL, maybe will drop to RM4k, i estimate, which is SGD1.8k (prudently). then u have SG expenses ball park estimate SGD2k. So u have a net after tax saving of abour SGD1k = RM2.4k, if ur current job can save u about RM2k and above, not worth it.

Aloong
post Sep 12 2011, 11:47 AM

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QUOTE(seantang @ Sep 11 2011, 09:41 PM)
This almost never happens where I am. Namely because it's never the sole decision of the hiring manager. For graduate hires, it's 99% of the time a committee decision... usually comprising the hiring mgr, 2nd level mgr, geographic manager and relevant business or functional manager. That's why it's never possible to hire a candidate whose profile doesn't tick all (or most of) the boxes. Someone's bound to question your judgement.

In fact the managers involved make it a point to remove themselves from the decision making process if they know the external candidate.

I see very, very little "influence" being exerted for external candidates. The chances of being implicated in a 1800-Ethicsline free call is too great for any manager to risk. Nobody also wants to be left holding the baby/blame (as the guy who pushed for the hire) if the new hire turns out to be a failure.

Where a lot of influence comes to bear is internal hires, role changes and promotions.
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That may be true, but from my opinion, that way it's is not very effective.
I still think it's best to leave 75% of the decision to the hring manager, except on cost related issues. The committee can set a list of objective benchmark (education, experience, etc), while the subjective let the hiring manager decide.

The most important is the supervisor and the new staff 'click' and able to work together. If they perform, it will be good for the company. If they dun, the supervisor will be responsbile, for the whole team, cos he select he's own staff.
If the committee makes all the decision, while the hiring manager just give 10% of the decision, and he/she have to put up with someone he/she clearly cannot work with, the team as a whole will not be effective. Yet, it's unfair for him/her to be blame for poor perfromance of the new staff, which cos the whole dept under perform.

Unless they wana avoid fraud, then this hiring process might be a way of deterrent. But if not for this reason, I dun see any other reason.
Aloong
post Sep 13 2011, 06:42 AM

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QUOTE(RabbitS @ Sep 12 2011, 10:15 PM)
she can say with me if she's the neat and clean type... i dun mind sharing my bed... got extra space neway
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I dun mind too even if she's wild and dirty type.


Added on September 13, 2011, 6:45 am
QUOTE(RabbitS @ Sep 13 2011, 12:05 AM)
neway, anyone tried it at hotels b4?
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anyone never tried it at hotels b4?

This post has been edited by Aloong: Sep 13 2011, 06:45 AM
Aloong
post Sep 14 2011, 04:05 PM

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QUOTE(wickedghost @ Sep 14 2011, 03:52 PM)
I got an offer with a singaporean co. but I will be working at bintan, indonesia. The downside is they are going to apply for me indonesia work visa. So I am not sure whether is a good offer or not?

They will pay me in SGD

Need 3rd party opinion...what do you think?
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If the offer is good definitely, why not?
Bintan is near to SG, and near to Msia also.
But bear in mind the expenses you should assume it's the same as SG converted to rupiah, dun assume Bintan is cheaper.
Probably except for the accomodation and travelling.


Added on September 14, 2011, 4:11 pm
QUOTE(wickedghost @ Sep 14 2011, 04:05 PM)
2.8k with 2 years exp...what do you think?housing provided...btw, O&G co.
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if u are dicipline, i think you can survive with $1.5k, for food and travelling and decent once a month entertainment brows.gif .
So savings of SGD1.5k+/-, thats about RM3.6k+/- savings.
Are u able to save above RM3k now? If yes, I would not go. If no, most likely I will.


This post has been edited by Aloong: Sep 14 2011, 04:11 PM
Aloong
post Sep 16 2011, 10:52 PM

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QUOTE(RabbitS @ Sep 16 2011, 10:35 PM)

any meetup this weekend?
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Hi Charlene, since a hot chick like u invite, of course can brows.gif
How about tomolo nite?
Aloong
post Sep 17 2011, 11:18 AM

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QUOTE(RabbitS @ Sep 17 2011, 12:54 AM)
wub.gif  okies... but dont want too far east... i stay at west  tongue.gif
come come  rclxms.gif

where first?  hmm.gif
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orchard? im sure a hot chick like u like to go there window shopping
Aloong
post Sep 17 2011, 01:25 PM

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QUOTE(RabbitS @ Sep 17 2011, 12:43 PM)

window shopping tak mau... unless u pay for me  rclxm9.gif
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I got no problem paying for your window shopping

but paying for your shopping depends how hot u are, and make sure u wear short tight skirt
Aloong
post Sep 20 2011, 02:54 PM

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QUOTE(jasonkwk @ Sep 20 2011, 01:46 PM)
deposit rate pa will drop to 0.05% effective 14 oct 2011 for POSB, should i keep my money in singapore or else?
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I think keep in your pillow better. ease of access to cash. better than u have to queue 5 mins everytime u wana draw money. POSB line dam long.
Assuming you have $10,000 savings, 0.05% is $5 per year. One month queue 4 times, one year queue 48 times, that's 240min/yr. are u willing to queue 4hrs/yr to save $5? sweat.gif
Aloong
post Sep 21 2011, 03:21 PM

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QUOTE(keelim @ Sep 21 2011, 02:54 PM)
Open concept. Information driven. Fast-paced. Global support and the best pantry selections I have seen so far.
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And potentially free lunch thumbup.gif


Added on September 21, 2011, 3:26 pm
QUOTE(I-Kurosaki @ Sep 20 2011, 10:42 PM)
Hi guys! Still remember me? I have posted in v7 before, asking opinions from bros here.

So yeah, I have made a difficult decision to work in SG, alone. Its a tough one, to be separated from wife (she's pregnant, due deliver ard CNY next year), so I made it a point to travel back at least 3 times a month...She's understanding and supportive as well. Well, have sacrifice a bit for the better lifestyle for my wife and baby, heh.

In return, the offer is quite attractive; just the basic alone is higher than my current pay, comparing SGD1 to RM1. A number of perks offered that my current cant even come close. Was informed to tender resignation after they got the EP approval from MOM. Guess what, submit to them on Sunday, then they called up today saying that my EP's approved. My god, thats was blazingly fast & efficient!  rclxms.gif 

Expected commencement is early of Nov. Will take this opportunity to accompany my wife  tongue.gif
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A big sacrifice indeed.
This reminded me of Donna Summer's 1983 song "She works hard for the money" thumbup.gif

This post has been edited by Aloong: Sep 21 2011, 03:26 PM
Aloong
post Sep 23 2011, 10:21 PM

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QUOTE(Mackiddo @ Sep 23 2011, 05:25 PM)
tmrw Peel Road satay.

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yup, that's the best satay so far, with the thick fats.
while ur there try out the beef noodle (next to pork noodle stall i think), popiah, grill chicken and fry chicken (if its stll there)
Aloong
post Sep 23 2011, 10:27 PM

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QUOTE(ivanswk @ Sep 23 2011, 05:40 PM)
klang BKT, ampang yong tau foo, hon kee porridge @ petaling st and the chee cheong fun next to it  drool.gif

and soo kee ipoh kway teow in PJ sea park  drool.gif  drool.gif
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ironically, just had the ampang ytf this morning. hahaha...
Aloong
post Sep 24 2011, 01:12 PM

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QUOTE(ivanswk @ Sep 23 2011, 11:39 PM)
shit drunk from karaoke in orchard, in train hope I reach home before my wife get piss haha
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And u post it in forum hoping ur wife dunno. Very smart of u
Aloong
post Sep 27 2011, 10:06 AM

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QUOTE(Lester1987 @ Sep 27 2011, 01:45 AM)
i work with a female boss before this. around early 40s. take good care of me like one of his child.
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child or toy boy is a fine line


Added on September 27, 2011, 10:13 am
QUOTE(crazy25kid @ Sep 27 2011, 09:07 AM)
My personal opinion...yes, it does help.
I did not receive any calls at all before my resume had a singapore number and address.
They usually accept phone interview first.
Just remember to request them to call your m'sian number for the phone interview, else it will be very expensive.  laugh.gif  laugh.gif
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Out of curiosity, while you're in malaysia, and you have 2 lines, (Msia line and SG line). Do you carry 2 phones around, knowing that the SG phone will only ring probably once a week at most?

Say after they call you, after you put your phone and address in SIngapore, then they realised that you're not working in SG. Would that reduce your chances, for giving the false impression you're currently located in SG? hmm.gif

This post has been edited by Aloong: Sep 27 2011, 10:13 AM
Aloong
post Sep 27 2011, 01:50 PM

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QUOTE(crazy25kid @ Sep 27 2011, 10:25 AM)
Yes...was carrying 2 phones around.
The sg phone actually rang quite a lot once the ball starts rolling (even managed to squeeze 3 interviews in 2 days...  laugh.gif  laugh.gif )
Not sure is it just me or job offers tend to come together at once.  sweat.gif  sweat.gif
I wrote both M'sian and Sg address and phone numbers.  icon_rolleyes.gif  icon_rolleyes.gif
That address would be where I was originally going to stay as my wife was staying at that address since she came over first.
Usually, the first question after the confirmed they were speaking to me was where I am and if I can attend interview in Sg if required.

Well, I just had the funniest phone call a while ago.
My agency called me and was trying to recruit me when I am already an employee.  sweat.gif  sweat.gif
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Thanks for sharing.

Anyway, how is getting a call when you're employed funny?
A lot of ppl get calls from heahunter when they are employed, except for fresh grad, who is looking for a job.
Shd jx check it out, you'll never know wat awaits u.
Aloong
post Sep 27 2011, 02:04 PM

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QUOTE(popcorn513 @ Sep 27 2011, 12:49 PM)
SGD3.5k per months consider low pay in SG for 6-7 years experience?
IT post
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in current market, if it's within -20% to +20%, dollar to dollar of your salary i would say it's reasonable.

Aloong
post Sep 27 2011, 08:08 PM

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QUOTE(crazy25kid @ Sep 27 2011, 02:11 PM)
When the caller is ur employer?  laugh.gif  laugh.gif
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ok tats funny

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