Hi guys,

I was just wondering does Singapore Technologies hire Malaysian? Or they only consider PR and singaporean only? Any Malaysian (non-PR) working there mind to clarify?

Guyys, can i save much with SGD3500 salary? would like to know how much approx i can save. Will be looking for a HDB room with aircon.

if you plan to buy a house in SG, you would definitely need the CPF. and employer is contributing 16% of your salary to your CPF account. so indirectly you are getting a 16% pay raise.
CPF can be use to pay your housing monthly installment in SG. Unlike Malaysia. Property interest is lower here as well.

for an example, you earn $3k per month, your Partner also $3k. The monthly amount that will go to your CPF account is $1080.

23% of your salary will go to your ordinary account which can be use to pay installment. Hence you will have $690. Your Partner also will have $690 in his CPF.

So if you buy a 400k HDB, monthly installment is around $1.6k for example. You only need to top up $220 monthly to pay for your housing installment.

Minus the amount you actually paying the rental now, You still save more money. So PR is a MUST if you really think of settling down.

Unless you are those type that want to save a chuck of $$ here then go back Msia do business, then you don't have to apply.

Regarding the other 2 accounts in CPF.

7% goes to Medisave which is for your medical expenses if you need it.

6% goes to your Special account for old age.