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 Working in Singapore v9, How to save 100k in 3 years to buy HDB?

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ntick
post Dec 11 2011, 03:31 AM

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If working Malaysia working in Singapore...did the Singapore employer paid 12 % to our EPF account and do we need deduct 11 % from our salary?

ntick
post Dec 11 2011, 11:40 AM

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QUOTE(ntick @ Dec 11 2011, 03:31 AM)
If working Malaysia working in Singapore...did the Singapore employer paid 12 %  to our EPF account and do we need deduct 11 %  from our salary?
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If Malaysian working in Singapore...did the Singapore employer paid 12 % to our EPF account and do we need deduct 11 % from our salary?

is it compulsory?


Added on December 11, 2011, 11:41 am
QUOTE(seeker118 @ Dec 11 2011, 11:27 AM)
I guess what he want to ask is : "Whether a Singapore Company pay EPF to it's Malaysian employees."

The Companies Act 1965 and Employment Act 1955 are only meant for the local company to comply, they don't possess any right in regulating company and employees at foreign country.

Thus, a Singaporean Company will follow their own law instead of contributing 12% into our EPF account as required by Malaysian government. They have similar fund call Central Provident Fund ("CPF") and the percentage (%) of contribution will depends on the status hold by the employees (Work Pass Employees, Permanent Resident, Citizen etc.) and number of years working in the Company.
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Thanks

This post has been edited by ntick: Dec 11 2011, 11:41 AM
ntick
post Dec 14 2011, 01:44 AM

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HiHi,

I recently get an interview opportunity.

Just a question if I working at Kaki Bukit Technopark and it require work on shift.

1)which is the best suitable location for me to stay?

2)Since I need work on shift then i might need walk from my home(rent room) to Technopark.

3) Since I work on shift is it very difficult for me rent a room? (normally not convenient for house owner)

4)How much should I demand?, (I am degree holder and with 6 years + work in IT line).They offer me L3/L4 position

5)They offer me 24 month renewable contract, I had passed the technical interview and will interview by hiring manager this Friday.

Any one here work in technopark and work in shift?

My Malaysia basic Salary is around 4.5k++

This post has been edited by ntick: Dec 14 2011, 02:02 AM
ntick
post Dec 15 2011, 08:00 PM

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Need help calculate net income for EP:

Monthly gross: SGD4500

What is the income tax rate?

I have check with IRA website, there have a spreadsheet calcalate.
I put in gross salary need deduct 1 k for salary.that means very high tax .

But I check with Agency, they said is 10% or earning....

which 1 is correct?

smile.gif smile.gif smile.gif smile.gif smile.gif smile.gif smile.gif smile.gif smile.gif

This post has been edited by ntick: Dec 15 2011, 08:07 PM
ntick
post Jan 10 2012, 10:23 PM

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Hi All Malaysian working in SG,

I just receive that EP In-Principle Approval.
My new company need me urgently.I will start work on 1/3/2012.
My last day working in current company is 27/2/2012.

On 28/2/2012 i will fly to Singapore.
What I need to prepare before coming to Singapore?
How much money should i bring in Singapore?

BTW, currently i got another 2nd interview in HP Malaysia.Should i go for interview 1st or just withdraw?

Just wanna ask, anyone here non PR but company paid you cpf?

Thanks

This post has been edited by ntick: Jan 10 2012, 10:24 PM
ntick
post Feb 1 2012, 12:35 PM

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Hi all, is me again....
I now looking rent a room @ Bedok Reservoir Road near kaki bukit industrial park 2.

I online search found that common room cost sgd 700. expenses utilities bill is share among 4 pax.

Just want to ask is it good deal?
how much normally utility bill cost "normally" electrical bill and water bill?

ntick
post Feb 1 2012, 02:38 PM

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QUOTE(deodorant @ Feb 1 2012, 02:00 PM)
where do you work? bedok reservoir area consider quite far from MRT.

my apartment, utilities is about ~250 all in (electricity, water, garbage collection, cable tv and internet)
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i work @ kaki bukit indutrial park 2
address 2 kaki bukit ave 1
postal code 417938

Can you recommned where i should stay?
ntick
post Feb 1 2012, 04:05 PM

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QUOTE(Tigerr @ Feb 1 2012, 03:21 PM)
Yup, may be....but may be not during the holiday peak season like the chinese new year.....


Added on February 1, 2012, 3:23 pm
Yalor....me too facing the same problem before.....but it is not hard if you do some homework by browsing the net......sure you can find a suitable one.
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it is not hard if willing to paid more rclxms.gif rclxms.gif rclxms.gif rclxms.gif
but girls no need paid more also very easy to find.....

haiz..but if i am landlord...i also wanna rent to OL pretty girls(if guy and girl looking for the same room hmm.gif hmm.gif )

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