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 Working in Singapore V10, Serious Talk only. no chatting

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MPIK
post Mar 15 2012, 01:37 PM

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Hi guys, when wanna go for a drink or jap buffet?
chanti-sama
post Mar 15 2012, 01:39 PM

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QUOTE(MPIK @ Mar 15 2012, 01:37 PM)
Hi guys, when wanna go for a drink or jap buffet?
*
i tried kiseki at "the Heeran" pretty good spread. if got others let me know
can join u guys.


Added on March 15, 2012, 1:39 pmand drinking... haha!

This post has been edited by chanti-sama: Mar 15 2012, 01:39 PM
siberfriend
post Mar 15 2012, 01:41 PM

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QUOTE(deodorant @ Mar 15 2012, 01:24 PM)
Respectfully disagree. Why compare with one bottom feeder example? As per Robert Walters Salary Survey, Systems Analysts (which is what the dude is offered) in 2012 are paid $80-100k. 25%-40% discount on the market average, how to consider as okay?
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lolx. good point. smile.gif

i dont think companies are following the salary survey by robert walters/kelly services/etc. they tend to give lower..

by the way, what is his base salary in KL?
deadpool77
post Mar 15 2012, 01:44 PM

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QUOTE(siberfriend @ Mar 15 2012, 01:41 PM)
lolx. good point. smile.gif

i dont think companies are following the salary survey by robert walters/kelly services/etc. they tend to give lower..

by the way, what is his base salary in KL?
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my basic in kl is RM4800.
anyway i think ill take up the offer. will sign the letter and fax to them. most important now is for me to be near my fiance. maybe once i'm there i can think about better opportunity. since it took me 2 years to get this, who knows how much longer i have to wait if i pass this up. maybe it'll be better once i'm there.

thanks guys for the help and advice. see u all there soon smile.gif
extremepower
post Mar 15 2012, 02:44 PM

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Good on ya mate. Life is a journey.
crazy25kid
post Mar 15 2012, 02:55 PM

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QUOTE(malaiseazn @ Mar 15 2012, 01:19 PM)
Hi, as a Malaysian with no PR in Singapore. I just want to know if anyone has more info about this career fair or EXPERIENCE from last years one.

http://careerexpo.sg.jobsdb.com/career/def...B85201662778855

Will there be ALOT (ie 100+) companies going there, or is it a small career fair like the one in Suntec 1st March? Will I find a lot of opportunities for Fresh Graduate Engineer over there?

Thanks for any info. Not sure whether to invest to go to that career fair or not
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My fren came last year.
He said it was a total disappointment.
Finished the expo in 5 minutes.
Application? They will ask you to create a jobsdb online account and drop your resume there.



QUOTE(deadpool77 @ Mar 15 2012, 01:44 PM)
my basic in kl is RM4800.
anyway i think ill take up the offer. will sign the letter and fax to them. most important now is for me to be near my fiance. maybe once i'm there i can think about better opportunity. since it took me 2 years to get this, who knows how much longer i have to wait if i pass this up. maybe it'll be better once i'm there.

thanks guys for the help and advice. see u all there soon  smile.gif
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4.8k to 3.8k...ok la.
Not much drop.
PepsiCo
post Mar 15 2012, 03:07 PM

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QUOTE(abgkik @ Mar 15 2012, 01:25 PM)
Driving Malaysia registered car..  smile.gif
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You don't need Sg license to drive Msia car in Singapore. There's a separate requirement for driving Msia car, example must not have Sg residential address, bla bla bla

This post has been edited by PepsiCo: Mar 15 2012, 03:08 PM
keelim
post Mar 15 2012, 03:19 PM

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QUOTE(Aloong @ Feb 21 2012, 02:08 PM)
The above is my opinion to ur question. I guess u shd buy a HDB first then buy a property in Msia the next 5 years. or temporary transfer ur property to other family members.


Added on February 21, 2012, 2:17 pm

i think alaskan issue is whether 'WP' can hold directorship in SG, in addition to employment. and whether there any issue with MOM.
Banks declaration are only concern with MAS's concern on conflict of interest, not MOM.

Logically, there's a lot of foreign directors here, but dun think they are "WP", maybe EP.

Btw do they hold EP or something else?

Wat if they get director fee instead of director salary? are they employee, can get EP?
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In Sg, transferring property 'HDB' has to be at the market price - assessed by a valuer/bank. Hence, the process will entail capital gain tax in a typical boom market. I think Msia has the same clause as well. Transferring the property to your siblings is actually quite "costly" and not advisable from a tax point of view. It's better to play by the rules set by HDB. Compliance is better than evasion.


Added on March 15, 2012, 3:27 pm
QUOTE(deadpool77 @ Mar 15 2012, 01:44 PM)
my basic in kl is RM4800.
anyway i think ill take up the offer. will sign the letter and fax to them. most important now is for me to be near my fiance. maybe once i'm there i can think about better opportunity. since it took me 2 years to get this, who knows how much longer i have to wait if i pass this up. maybe it'll be better once i'm there.

thanks guys for the help and advice. see u all there soon  smile.gif
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In the scheme of things, you and your fiance should have a sustainable long-term plan. Rationale, realistic and executable considering the time horizon you intend to pursue those plans. Frankly, I will not make the transition if I dont intend to start a family in Sg (given your circumstances).


This post has been edited by keelim: Mar 15 2012, 03:27 PM
abgkik
post Mar 15 2012, 03:48 PM

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QUOTE(PepsiCo @ Mar 15 2012, 03:07 PM)
You don't need Sg license to drive Msia car in Singapore. There's a separate requirement for driving Msia car, example must not have Sg residential address, bla bla bla
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thumbup.gif I can drive my lovely car.. yeahh..

Just now received SGD 6 penalty ticket coz 5 mins late to renew the parking coupon... ha ha

ky_khor
post Mar 15 2012, 03:53 PM

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QUOTE(siberfriend @ Mar 15 2012, 01:41 PM)
lolx. good point. smile.gif

i dont think companies are following the salary survey by robert walters/kelly services/etc. they tend to give lower..

by the way, what is his base salary in KL?
*
Eh you missed the whole point of the salary report. It's the report following the company, not the other way round.

Edit: I notice a lot of ppl take pay cut in term of number when moving to Singapore. That's not healthy. You should at least aim for 1:1 unless you're overpaid in M'sia. I got 5% increase in number (before conversion) when moving to Singapore last Sept. Then I got pro-rated 13th month salary on Dec, CNY ang pao on Jan, pro-rated 3.7 months bonus on Feb, and 5% salary pay rise this year back dated to Jan 2012. Not bad for a guy who spend 1/4 year in Singapore goyang kaki in 1st month, receiving training the 2nd, celebrating Christmas and New Year the 3rd lol.

Don't spoil the market, people.

This post has been edited by ky_khor: Mar 15 2012, 04:04 PM
Aloong
post Mar 15 2012, 04:16 PM

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QUOTE(keelim @ Mar 15 2012, 03:19 PM)
In Sg, transferring property 'HDB' has to be at the market price - assessed by a valuer/bank. Hence, the process will entail capital gain tax in a typical boom market. I think Msia has the same clause as well. Transferring the property to your siblings is actually quite "costly" and not advisable from a tax point of view. It's better to play by the rules set by HDB. Compliance is better than evasion.
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Can't really remember wats the original questions, but i beliv sombody wanted to buy HDB property, but got a Malaysia property.

Hence, i beliv was refering to transfer the property in Malaysia. An in Malaysia, if its more than 5 yrs i beliv no RPGT or very minimal if any. 5% on profit. Further, market value of pretty vague. U appoint the valuer and u tell the valuer dun value so high lor. Using bank's valuer (on the pretext of refinancing ur property) is also another way. Banker dam kiasu / conservative in valuation. So if ur property profit RM100,000 at most u pay 5% = RM5,000 only. WIth that profit ur property should be about RM1m, RM5,000 cannot pay meh.

About transfer to siblings, not sure attract RPGT or not, but provided less than 5 years. But i beliv trasnfer to parent no nid.

On HDB compliance side I dun see any risk. U transfer ur Malaysia property to somebody, so tat u can buy HDB. HDB have a hard time proving whether u are genuinely selling to ur sibling/parent or 'transferring'. Anyway, so what if i was transferring as a gift to them? Most important make sure no property loan. How is Singapore to prove whether u are selling or transfering ur property in Malaysia? Are they going to talk to Malaysia government for a G2G initiative just to catch such things, and its so hard to prove that the transferee is holding the prop as transferor as a nominee?


Added on March 15, 2012, 4:22 pm
QUOTE(ky_khor @ Mar 15 2012, 03:53 PM)
Eh you missed the whole point of the salary report. It's the report following the company, not the other way round.

Edit: I notice a lot of ppl take pay cut in term of number when moving to Singapore. That's not healthy. You should at least aim for 1:1 unless you're overpaid in M'sia. I got 5% increase in number (before conversion) when moving to Singapore last Sept. Then I got pro-rated 13th month salary on Dec, CNY ang pao on Jan, pro-rated 3.7 months bonus on Feb, and 5% salary pay rise this year back dated to Jan 2012. Not bad for a guy who spend 1/4 year in Singapore goyang kaki in 1st month, receiving training the 2nd, celebrating Christmas and New Year the 3rd lol.

Don't spoil the market, people.
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Unfortunately we dunno wat sort of samples robert walters is using. If they only sample from MNCs, then is will skew towards higher end.
anyway, gotto take it with a pinch of salt.

On taking paycut or not it depends on a lot of factors. Type of industry, type of work, type of company, type of expereince u have, type of qualification u have, reasons why u wan to move here, growth rate in the furture, opportunity cost. Cant really assume its the same lor.

This post has been edited by Aloong: Mar 15 2012, 04:22 PM
SUSkockroach
post Mar 15 2012, 04:22 PM

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QUOTE(Aloong @ Mar 15 2012, 03:16 PM)
Can't really remember wats the original questions, but i beliv sombody wanted to buy HDB property, but got a Malaysia property.

Hence, i beliv was refering to transfer the property in Malaysia. An in Malaysia, if its more than 5 yrs i beliv no RPGT or very minimal if any. 5% on profit. Further, market value of pretty vague. U appoint the valuer and u tell the valuer dun value so high lor. Using bank's valuer (on the pretext of refinancing ur property) is also another way.  Banker dam kiasu / conservative in valuation. So if ur property profit RM100,000 at most u pay 5% = RM5,000 only. WIth that profit ur property should be about RM1m, RM5,000 cannot pay meh.

About transfer to siblings, not sure attract RPGT or not, but provided less than 5 years. But i beliv trasnfer to parent no nid.

On HDB compliance side I dun see any risk. U transfer ur Malaysia property to somebody, so tat u can buy HDB. HDB have a hard time proving whether u are genuinely selling to ur sibling/parent or 'transferring'. Anyway, so what if i was transferring as a gift to them? Most important make sure no property loan. How is Singapore to prove whether u are selling or transfering ur property in Malaysia? Are they going to talk to Malaysia government for a G2G initiative just to catch such things, and its so hard to prove that the transferee is holding the prop as transferor as a nominee?
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the only chances they catch you is someone go report you I guess.
hokin
post Mar 15 2012, 06:38 PM

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QUOTE(PepsiCo @ Mar 15 2012, 12:07 PM)
not many of us are staying in downtown area as well. A lot of ppl in Jurong/Boon Lay area as well and CCK/Yew Tee. They will meet up once a while for food/drinks.
I'm up in central north east. Meeting fellow M'sians is always good. I am into just the simple food like mamak or kopitiam. Just a simpleton. smile.gif

Anyone here part of MISS club? Saw an article in Star Property today : www.starproperty.my/PropertyGuide/Finance/19558/0/0

Back to getting the Extract of Driving License from JPJ, for those who has successfully got the Extract of Driving License without getting your license cancelled or blacklisted, what did you put down as 'Tujuan' in the application form?

This post has been edited by hokin: Mar 15 2012, 06:39 PM
Jurlique
post Mar 15 2012, 07:57 PM

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Ok, anyone queueing up tomolo for the new ipad?
SG really released this one the same day as US.
MY always follow SG backside one... LoL.
tailtwist
post Mar 15 2012, 08:16 PM

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QUOTE(Jurlique @ Mar 15 2012, 07:57 PM)
Ok, anyone queueing up tomolo for the new ipad?
SG really released this one the same day as US.
MY always follow SG backside one...  LoL.
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tmr?ppl would have started Q-ing NOW!!!
or shall i say...they will be in a Q already!!
@@

This post has been edited by tailtwist: Mar 15 2012, 08:16 PM
megadisc
post Mar 15 2012, 08:51 PM

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QUOTE(tailtwist @ Mar 15 2012, 09:16 PM)
tmr?ppl would have started Q-ing NOW!!!
or shall i say...they will be in a Q already!!
@@
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yup...saw the q at casseway point liao
Jurlique
post Mar 15 2012, 10:49 PM

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QUOTE(megadisc @ Mar 15 2012, 08:51 PM)
yup...saw the q at casseway point liao
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doh.gif
Kiasu ppl is kiasu...
seantang
post Mar 15 2012, 10:53 PM

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Check out CNET. Apparently this first batch of new iPads are all North American models. The LTE in the new iPad is not compatible with the LTE systems currently being rolled out in Asia. If you're getting the celular model, I'd wait for the next batch. Otherwise buy the cheaper wifi model. No point paying a steep premium for something you'll never be able to use.
jack7788
post Mar 15 2012, 11:30 PM

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Hi all,

Going to work at Raffles Place. Wondering which area is a good place to stay, preferably near to town. And how much to budget ah? Looking for a room, and not staying with owner.
ivanswk
post Mar 16 2012, 12:46 AM

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^ thumbup.gif http://www.thesail.com.sg/main.html


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