me last time told my friend me going migrate sg, first thing most will tell me is i will recommend you my agent. I wonder why....

Until i tried to call and rent a HDB do i know the significant meaning of that word. 50% of the calls are unanswered during working hours although i am using a singapore prepaid number. The agents that are very handsome or pretty with lots of unit are very LC, before i say my name they will shot me with the standard 4 questions and said i will call you back they will just close the phone. Messaging asking them for units = no reply.

Yes, i am looking for prime units. Their business must be si beh good for such attitude. Now i am asking for my friend's agent help. I am glad he is nice, i almost want to kiss him for coming out and talk to me.

2500++ for a unit and i need to beg for it? and you are like taking 2500 agent fees for 2 years rental and i still need to beg you? damn..... you know i am mophisto taiko rite? i come and shoot fireball to your country then u know, knn

S$2500++ will fully pay the monthly instalment for a 30 year $800K bank loan... meaning that you have purchased a $1 million property with 20% downpayment... (ok, ok maths a little different now with the cooling measures but for first timer, you're more or less there... give or take ~5%).

Might as well put that 2.5K towards an instalment rather than rental. If you need to leave Singapore before the 30 year loan expires, AND you don't want to keep the property for rental... you can sell it to get the capital gain.

BTW, isn't the demon called Mephisto?

This post has been edited by seantang: Jan 31 2013, 02:44 PM

duno..working under loan department i think.

The problem is not the installment, it is the down-payment. Vast majority of us coming over from Malaysia wouldn't have rm500k in savings lying around to plonk down on the condo, so no choice but to rent.

logically, very true
practically, not easy to achieve...initial payment is not any hurdle u can just walk thru...it takes time if you have have not been here that long.

Yes. Your friend is right!... You have to decide urself.. Nobody can help you coz that's ur future!... Honesty to tell you, I felt regret to join banking!... My banking colleagues are very interested to their jobs that's why they decided to join banking since they graduated till they retired!... Their plan is to jump here and there to get better offer from others banks (General Banking will always be d normal salary, dont expect you can earns more! Unless, u are doing investment banking or sales banking)! If you really join and want to withdraw yourself from banking line and join others fields is quite impossible! Unless, ur friends can introduce you to the new job!... Else, u will be always in banking or run ur own business!... Many colleagues graduated from Degee in accounting/ finance/ business admin/ international business admin/ entrepreneurship/ economic also don't want to join banking!... And, few of them managed to withdraw themselves from banking to work as sales and marketing!...

You could speed things up by renting a room instead of a unit. That’s circa S$1.5k savings per month or S$18k a year. For a period of 3 years, approx savings would have been S$54k. Voila! S$54k hard cash.

Bad news: - that’s hardly enough for the cumulative stamp duties, (including ABSD) assuming for a property of S$1mil.

I am trying to play a devil’s advocate. It just doesn’t make sense to dump RM500k into SG property unless it’s for personal reason. From the perspective of opportunity cost, it just irrational. With RM500k cash you could have invested into a chain of restaurants or in a distributorship business with minority stakes in Msia.

Again, as the saying goes “it is easier to find money than opportunities”.

They are my trusted friends. That's truth... As both of them wanted to work in sg and they find sg jobs quite long time edi... That's the fact, Master of Engineer from UK also got low paid!... haha... U also know they will only offer 1.6K- 1.8K SGD to M'sian dont care of you're Overseas/ Public / Private University freshgraduated in M'sia? That's very truth!

For 2nd scenario, Maybe, she feel like get bully by the employer with the cheap paid! That's why she didn't accept the offer and continue to work in KL!... Is that their offer the salary to M'sian without SG working experiences is after convert to MYR? For example, they offer you 2K SGD X 2.40 (Exchange rate)= 4800 MYR!... And, they don't think of you can get 4.8K in KL!...

Maybe, it is because of their 1st job offer in sg! And, they don't really know what is the "Reasonable salaries" should get in SG!... That's truth... Quite many M'sian are bottom feeders but not all lah!... So, what is ur salary range in SG?

first, i did not agree with fresh grad will be getting 1.6k only
i said it is the worst case scenario in my terms if you are joining a MNC.
all companies will definitely try to offer u a lower pay, it is the simplest way to reduce cost.
but your version of lower pay is absurd.

i can tell you that i know of NONE among my frens being shortchanged when they come to work in SG after leaving their job back in M'sia.
in fact, most are better off in terms of savings before conversion.

if you enjoy being the pessimist and only trust your frens who were unlucky or did not do well in the interview or both or something else, when a lot of ppl here are telling u a totally different story, then my advice is for you to give up and continue working back home and forget sg.


ah...now i understand.
so whose fault is that if u never do your homework?
they never checked how much they are worth.
now, you are doing the exact same thing and worse, relying on inaccurate information based on people who never do their homework.

1.6 - 1.8 for engineer... I really think they smoke you. 10 years ago maybe, not now.

i think u aspire to be more than that, think big abit
what other people cannot do is other people problem

normally MNC would have a salary structures for every position, at very least a minimum and maximum scale

No. They are not engineers!... One work as sales administrator!... Both of them below 2K!... Another one with 10 years experiences in KL work as Hospital Servicing job (Something like Marketing Communication job)!... Both also below 2K!...

u regret cause no interest or because low salary ?
maybe cause u can assess people account and see other people high salary and wonder how come, others can do better so much better

I know... MNC and SME also got their salary structures!... They will looking at your relevant experiences and qualification to offer you a job!... Nowadays, many companies are cut costs due to economic crisis! They wanted to low cost labours!...

In your current company, do you talk to the security guard and the receptionist and then say "omg my company sucks cos they pay all their staff so low! rm1000 only per month omg how to survive?" no, right?


You have never set foot in SG and your entire knowledge of Malaysians working in SG consists of a couple of bottom feeders ... and here you are dishing out opinions about the SG labor market?

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No need expat to earn that kinda figure. A Msia banker (who is actively involve in this thread) and his wife already earning more than $10K/month individually, working for a foreign bank based in Sg with headquarters in London . Also generating high incomes thru food blogging website. Imagine with a combine household income of more than S$20k per month ! It is as good as an expat.

This post has been edited by lolipoppers: Jan 31 2013, 06:18 PM

Aiyo... 1.6K is from SME not MNC!... But, some others recruitment company also offer below 2K SGD!...
So, why they returned back to work in M'sia? What jobs they are current working in M'sia?
How do you know they didn't do well for their interviews? As u said, all companies try to offer you a lower pay!... I think you also know the reason right? The salary report is based on the research. They are selected sampling to study and not include all population!... And, the salary report that you mentioned is based on the position for all singaporean and foreigners!... Of course, they have gone through the salary report and they don't think that's accurate information!... I'm not doing exact the same thing like them. Now, I prefer to know the real life experiences from yours...

hmm different ppl has different opinion la.. im thinking to join either banks or mnc. really need to think carefully but that would be my very first job anyway, no idea whether i will like it or not. maybe i should just give it a try.