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 Working in Singapore V14

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hitsugaya2010
post Sep 29 2013, 01:09 AM

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QUOTE(Tigerr @ Sep 28 2013, 10:12 AM)
If willing to share room. Then it is ok.
*
yep i'm sharing.. but can also find cheap rooms, but have to stay with owner lo.. haha...
840812145195
post Sep 29 2013, 09:50 AM

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QUOTE(Mackiddo @ Sep 28 2013, 07:31 PM)
amazing. S$4k without even spm  rclxms.gif  . BTW Yih How, when you coming over ?
*
Now waiting for application status of wp , very scare the permit rejected .
JohnJon82
post Sep 29 2013, 01:08 PM

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QUOTE(keelim @ Sep 28 2013, 01:30 PM)
I don't know where you are getting to in guiding young couples to start a family in Singapore. Throwing in an X6 with a S$1.6Mil condo example; is analogous to killing the self-esteem of a guy struggling to decide a S$1.7k flat monthly pay.

85 to 90% of locals stay in Public Housing in Singapore and only the 60th decile and above owns a car. For all the intents and purposes of your post, it just suggests that you will either struggle to start a family young, or you just die trying. Extrapolating your "guide" attest to this.
*
She is one of those rich kids, think as those 2nd generation rich PRC that always create a scene and got upload to youtube haha. One of the contributor to the sky high property price by hoarding few houses. Never understand bottom and middle class people's problem one.
deodorant
post Sep 29 2013, 01:16 PM

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QUOTE(Fiona Chin @ Sep 28 2013, 01:10 PM)
Some figures for young high flyer top 10% couples want to start out with a home and car.

Fixed, lol.

Let's do the math for 'normal' people. Singapore median income last year according to MOM was $3,000. Hubby + Wife = $6,000, of which $4,800 masuk poket, $1,380 (including employer portion) goes to CPF OA. Of $4,800, assume that $1,800 is bare minimum expenses. So the couple's savings available for housing purchase is $3,000+$1,380 per month, or $52,560 per year. In order to own a 1.6mil condo, assume 20% downpayment, 8% BSD+ABSD = roughtly $460k. Loan is $1.28mil, monthly repayment $4,295.

X6, xDrive35i (A) Price: $425,800, Down Payment $212,900 (Maximum 50% loan), Installment $3,882/mth.

So in best case scenario the couple needs to save close to 13 years to buy that condo and X6, and in all that 13 years they need to live frugally, have no kids, no holidays, no entertainment, etc icon_idea.gif ... and after they make the purchase, they still can't pay the monthly installments needed of $8k icon_idea.gif

This post has been edited by deodorant: Sep 29 2013, 01:22 PM
ThanatosSwiftfire
post Sep 29 2013, 01:53 PM

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QUOTE(JohnJon82 @ Sep 29 2013, 01:08 PM)
She is one of those rich kids, think as those 2nd generation rich PRC that always create a scene and got upload to youtube haha. One of the contributor to the sky high property price by hoarding few houses. Never understand bottom and middle class people's problem one.
*
We should not be bitter, and aspire to be able to afford better. ^^
RabbitS
post Sep 29 2013, 02:33 PM

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QUOTE(JohnJon82 @ Sep 29 2013, 01:08 PM)
She is one of those rich kids, think as those 2nd generation rich PRC that always create a scene and got upload to youtube haha. One of the contributor to the sky high property price by hoarding few houses. Never understand bottom and middle class people's problem one.
*
We dunno her parents is rich, n she's msian.. Maybe she's one of those hardworkers dat did very well in school.. Top 5% of any singkie gomen school gets $8000 salary.. Maybe her hubbby too.. So $16k fresh grad lor.. Possible

QUOTE(deodorant @ Sep 29 2013 01:16 PM)
Fixed, lol.

Let's do the math for 'normal' people. Singapore median income last year according to MOM was $3,000. Hubby + Wife = $6,000, of which $4,800 masuk poket, $1,380 (including employer portion) goes to CPF OA. Of $4,800, assume that $1,800 is bare minimum expenses. So the couple's savings available for housing purchase is $3,000+$1,380 per month, or $52,560 per year. In order to own a 1.6mil condo, assume 20% downpayment, 8% BSD+ABSD = roughtly $460k. Loan is $1.28mil, monthly repayment $4,295.

X6, xDrive35i (A) Price: $425,800, Down Payment $212,900 (Maximum 50% loan), Installment $3,882/mth.

So in best case scenario the couple needs to save close to 13 years to buy that condo and X6, and in all that 13 years they need to live frugally, have no kids, no holidays, no entertainment, etc icon_idea.gif ... and after they make the purchase, they still can't pay the monthly installments needed of $8k icon_idea.gif
*
Waa, deodorant can breakdown so well.. No wonder he's top analyst in big bank.. Yet still so humble

QUOTE(ThanatosSwiftfire @ Sep 29 2013, 01:53 PM)
We should not be bitter, and aspire to be able to afford better. ^^
*
Yea, work hard! Let's all strive to buy $1.6 mill condo..
840812145195
post Sep 29 2013, 03:07 PM

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QUOTE(Mackiddo @ Sep 28 2013, 07:31 PM)
amazing. S$4k without even spm  rclxms.gif  . BTW Yih How, when you coming over ?
*
Haha..I also dint expected ..when they send me offer letter only realize .
Tigerr
post Sep 29 2013, 05:32 PM

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QUOTE(RabbitS @ Sep 29 2013, 02:33 PM)
We dunno her parents is rich, n she's msian.. Maybe she's one of those hardworkers dat did very well in school..  Top 5% of any singkie gomen school gets $8000 salary.. Maybe her hubbby too.. So $16k fresh grad lor.. Possible
Waa, deodorant can breakdown so well.. No wonder he's top analyst in big bank.. Yet still so humble
Yea, work hard! Let's all strive to buy $1.6 mill condo..
*
Any sober mind formers here also can do the calculation n many don't even need to think further. Even buy a Toyota vids also think 3 - 4 times.

When she taruh a 1.6 mil condo. It is still understandable, but putting in the close to half a mil x6, I don't see any logic there except to show off or troll
samual8833
post Sep 29 2013, 10:43 PM

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Urgent.. im looking for a room in sg. Can someone advice me to looking for a room in sg? Normally they will place room to rent ads at notice board or what?
megadisc
post Sep 29 2013, 10:58 PM

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QUOTE(samual8833 @ Sep 29 2013, 10:43 PM)
Urgent.. im looking for a room in sg. Can someone advice me to looking for a room in sg? Normally they will place room to rent ads at notice board or what?
*
cold storage got notice boards too ...

samual8833
post Sep 29 2013, 11:08 PM

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QUOTE(840812145195 @ Sep 28 2013, 03:22 PM)
My employer in singapore has just submit the work permit application to mom , now waiting for status .

normaly how was the approval rate on this work permit yah , i am quite worry about this , due to i fail all my subject during SPM .

my offer salary is bout 4k sgd , if this work permit is approve , which category will i fold in to  ( wp , sp or ep )
*
Most probably is EP. If you're a degree holder.
samual8833
post Sep 29 2013, 11:16 PM

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QUOTE(megadisc @ Sep 29 2013, 10:58 PM)
cold storage got notice boards too ...
*
Thanks megadisc.. they will have notice board for room to rent in all cold storage branch? seven eleven also have?
SUSalaskanbunny
post Sep 29 2013, 11:34 PM

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QUOTE(840812145195 @ Sep 29 2013, 03:07 PM)
Haha..I also dint expected ..when they send me offer letter only realize .
*
congrats bro... belanja makan ya rclxms.gif pm mackiddo or deodorant for premium membership into vvip club, join now while its free... full of fun activities awaits u... for limited time new member will get mystery free gift... we have 40+ members from this thread

QUOTE(Tigerr @ Sep 29 2013, 05:32 PM)
Any sober mind formers here also can do the calculation n many don't even need to think further. Even buy a Toyota vids also think 3 - 4 times.

When she taruh a 1.6 mil condo. It is still understandable, but putting in the close to half a mil x6, I don't see any logic there except to show off or troll
*
and she called me a troll icon_question.gif

QUOTE(samual8833 @ Sep 29 2013, 10:43 PM)
Urgent.. im looking for a room in sg. Can someone advice me to looking for a room in sg? Normally they will place room to rent ads at notice board or what?
*
QUOTE(samual8833 @ Sep 29 2013, 11:16 PM)
Thanks megadisc.. they will have notice board for room to rent in all cold storage branch? seven eleven also have?
*
u can go to bus stops near the area you're looking at.... hurry!

samual8833
post Sep 30 2013, 12:00 AM

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QUOTE(alaskanbunny @ Sep 29 2013, 11:34 PM)
congrats bro... belanja makanfrom ya  rclxms.gif  pm mackiddo or deodorant for premium membership into vvip club, join now while its free... full of fun activities awaits u... for limited time new member will get mystery free gift... we have 40+ members from this thread
and she called me a troll  icon_question.gif
u can go to bus stops near the area you're looking at.... hurry!
*
Thanks alaskabunny... but, all the bus stop that I go all kosong one... from my current stay to company no any ads on room to rent...
samual8833
post Sep 30 2013, 12:02 AM

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Im working near bugis area. Anyone can suggest where can I rent a room near to bugis? I prefer the place near hawker centre, mrt and bus stop.
samual8833
post Sep 30 2013, 12:03 AM

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Im working near bugis area. Anyone can suggest where can I rent a room near to bugis? I prefer the place near hawker centre, mrt and bus stop.
samual8833
post Sep 30 2013, 12:05 AM

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Im working near bugis area. Anyone can suggest where can I rent a room near to bugis? I prefer the place near hawker centre, mrt and bus stop.
Fiona Chin
post Sep 30 2013, 12:30 AM

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QUOTE(keelim @ Sep 28 2013, 01:30 PM)
I don't know where you are getting to in guiding young couples to start a family in Singapore. Throwing in an X6 with a S$1.6Mil condo example; is analogous to killing the self-esteem of a guy struggling to decide a S$1.7k flat monthly pay.

85 to 90% of locals stay in Public Housing in Singapore and only the 60th decile and above owns a car. For all the intents and purposes of your post, it just suggests that you will either struggle to start a family young, or you just die trying. Extrapolating your "guide" attest to this.
*
I am trying to give some figure for starting a family in SG, just like the listed living cost in the 1st page which is more to a single person. You can take the car out, but at least must have a roof over the family.

When foreigner come here they not local so HDB out straight away. Would take sometime to get PR. Some family cannot buy a HDB even after they become PR. New PRs - wait three years, only one PR other half home maker, dependent PR - like not eligible - this one I not sure, have properties overseas.

The smallest 2 bedroom condo 800-900 sq ft also cross the 1 mil mark already.

Personally I think car is a necessity when you have a family, especially with young kids. Not to bring out the X6, main point its the 50% down payment. MY 10% down payment, opt for Perodua if starting out, few k can get you a car. SG 50%, with COE its min 50-60k to come out with a car.

Hence my point, working in SG seems good in the beginning with cheaper goods, travel, exchange rate, but ultimately family is the final goal.

QUOTE(deodorant @ Sep 29 2013, 01:16 PM)
Fixed, lol.

Let's do the math for 'normal' people. Singapore median income last year according to MOM was $3,000. Hubby + Wife = $6,000, of which $4,800 masuk poket, $1,380 (including employer portion) goes to CPF OA. Of $4,800, assume that $1,800 is bare minimum expenses. So the couple's savings available for housing purchase is $3,000+$1,380 per month, or $52,560 per year. In order to own a 1.6mil condo, assume 20% downpayment, 8% BSD+ABSD = roughtly $460k. Loan is $1.28mil, monthly repayment $4,295.

X6, xDrive35i (A) Price: $425,800, Down Payment $212,900 (Maximum 50% loan), Installment $3,882/mth.

So in best case scenario the couple needs to save close to 13 years to buy that condo and X6, and in all that 13 years they need to live frugally, have no kids, no holidays, no entertainment, etc icon_idea.gif ... and after they make the purchase, they still can't pay the monthly installments needed of $8k icon_idea.gif
*
2 people's 8 years effort of breakfast at home, home cook lunch at pantry, home cook dinner at home, no luxury items, no cab, no personal holidays, downloaded drama at home, pirated movies.

QUOTE(Tigerr @ Sep 29 2013, 05:32 PM)
Any sober mind formers here also can do the calculation n many don't even need to think further. Even buy a Toyota vids also think 3 - 4 times.

When she taruh a 1.6 mil condo. It is still understandable, but putting in the close to half a mil x6, I don't see any logic there except to show off or troll
*
Nah not show off or troll. Those numbers are the real thing you will need to face one day if you plan to stay here for sometime. Its like those people who say their single air con room rent is 600-700, they are not showing off or trolling our dorm bunny rabbit who rent a bed for 180. For the car may be, but its unintentional as mentioned.
SUSalaskanbunny
post Sep 30 2013, 01:01 AM

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QUOTE(samual8833 @ Sep 30 2013, 12:00 AM)
Thanks alaskabunny... but, all the bus stop that I go all kosong one... from my current stay to company no any ads on room to rent...
*
only bus stops at hubs/mrt are designated to be legal ad posting areas... bus stops at residential areas that arent designated wont have ads lor
SUSalaskanbunny
post Sep 30 2013, 01:15 AM

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QUOTE(Fiona Chin @ Sep 30 2013, 12:30 AM)
I am trying to give some figure for starting a family in SG, just like the listed living cost in the 1st page which is more to a single person. You can take the car out, but at least must have a roof over the family.

When foreigner come here they not local so HDB out straight away. Would take sometime to get PR. Some family cannot buy a HDB even after they become PR. New PRs - wait three years, only one PR other half home maker, dependent PR - like not eligible - this one I not sure, have properties overseas.

The smallest 2 bedroom condo 800-900 sq ft also cross the 1 mil mark already.

Personally I think car is a necessity when you have a family, especially with young kids. Not to bring out the X6, main point its the 50% down payment. MY 10% down payment, opt for Perodua if starting out, few k can get you a car. SG 50%, with COE its min 50-60k to come out with a car.
*
now u had clarified it sounds legit... hmm.gif life is tough for singkie also, is that why reproduction rate goes down?

anyway, i think if u cant buy, can also rent hdb lor.. or if u r working at the west, can stay in jhr and drive msian car in...

why u dont believe in dorms? it is pretty decent... just that ppl from certain countries bring their filthy way of living that ruins dorm living... example; where d hell ppl cook in their bedroom 1, dapao food la... doh.gif



if u live neatly and in a hygienic manner, it is livable.. here're some info to share for those whose pocket is tight; *did u know 800k workers live in sg dorms our of 1.3 mill FTs?

http://foreignworkerdormitory.com/workers-...dormitories-map

this one near my current dorm;
http://foreignworkerdormitory.com/dormitor...westlite-mandai
http://www.olx.com.sg/workers-dormitory-fo...4-iid-535672474





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