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 Working Life in Singapore, Please Share your value Experience

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Drian
post Nov 28 2007, 11:33 AM

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Assuming a person is earning RM4500 a month now in Penanng Malaysia. How much offer do you guys think a Singapore employer must give before it is worth it to start a career in singapore taking into account the higher room rent, food cost and car purchase cost. I heard that room rental in Singapore has escalated up to 80%? True?

This post has been edited by Drian: Nov 28 2007, 11:34 AM
Drian
post Nov 28 2007, 03:43 PM

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QUOTE(jimmy79 @ Nov 28 2007, 03:26 PM)
room rent = much higher compare to penang.
food cost  = dun think it is more expensive than penang
car purchase = no need car at sg unless got family, baby. You can access everywhere with public transport.
All compare above is dollar to dollar. If you convert and compare, for sure every daily expenses in singapore will be much higher than msia.
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So the person should expect at least 5K sing to actually have a standard of living better than before?

Drian
post Nov 29 2007, 01:10 PM

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QUOTE(jimmy79 @ Nov 28 2007, 04:01 PM)
Not sure why you think need at least 5K sing to have a standard of living.

In general, the living standard in singapore is much lower than malaysia.
For my concern is : after deduct the daily expenses you mention ( basic food and staying). The other left over money will have double value compare RM. This mean when u buy gadjet, travel, electrical item, clothes and etc,your spending power is much higher then in msia.

For me if u earn RM4.5k and can get SGD4.5k. You can have much better life than msia. Even 4k also can have better life than msia.

Just my 2 cents
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Ok lets assume that the guy is going to stay there for long term and he currently has a 1100sf apartment, a car etc.
Can he have the EXACT standard of living in Singapore? Does he have to "downgrade" the living standard just to survive in Singapore?

From what I can see, a 1100sf cost around 500k SING which means that it will cost around 2.5K repayment alone to get an apartment this size.


Added on November 29, 2007, 1:19 pm
QUOTE(jimmy79 @ Nov 28 2007, 04:01 PM)
Not sure why you think need at least 5K sing to have a standard of living.

In general, the living standard in singapore is much lower than malaysia.
For my concern is : after deduct the daily expenses you mention ( basic food and staying). The other left over money will have double value compare RM. This mean when u buy gadjet, travel, electrical item, clothes and etc,your spending power is much higher then in msia.

For me if u earn RM4.5k and can get SGD4.5k. You can have much better life than msia. Even 4k also can have better life than msia.

Just my 2 cents
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Because you're thinking from a fresh graduate point of view.
You're thinking from currency exchange point of view and not long term standard of living.

Assuming that you're NOT going to come back to Malaysia (except for CNY, holiday etc) and settling down there and that you're standard of living requires a 1100sf apartment, a small sized car(honda city), as well as some entertainment and enough savings. RM4500 can achieve all these I think in Malaysia but can 4500 sing dollars achieve all these? That's my question.

This post has been edited by Drian: Nov 29 2007, 02:06 PM
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post Nov 30 2007, 02:18 PM

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But a 1100sf apartment will cost 500K sing dollars, can 4500 sing afford to pay for the apartment ?

Drian
post Nov 30 2007, 07:26 PM

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QUOTE(bbmars @ Nov 30 2007, 05:48 PM)
My colleague rented one of his room to a johorean for few years... in his appt...  Just to collect some $$ back.,. he this Johorean used to rent from him when he was staying in HDB... then shifted into private condo... at same rental .... now this johorean is in Sabah, became his restaurant  partners.. ... things to happen..

yes, if you just compare floor space in SG and MY.. then nothing to say... just pricing alone more than .... no need to compare..  Its all other stuff that adds up .... and you don't just survive on living in a spacious house.. without anything isn't it?  housing is even more EXP in HK, why so many people still staying and choose to live there? so its really other aspects of life that make lifes and living within needs anc comfort..
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yes but if you're already have a set standard of living in Malaysia, you would expect it to be BETTER overseas. And 1100sf isn't really spacious for a family. In fact it's pretty cramped.


Added on November 30, 2007, 7:26 pm
QUOTE(nameless @ Nov 30 2007, 04:23 PM)
Have you forgotten currently the rental rate is pretty high in Singapore?
You can rent out some rooms with very good price to help to pay the repayment,
this is what most Singaporean do to afford to own a house.
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Assuming got family and not wanting to rent out? You're talking from say a single person without any commitment point of view.


This post has been edited by Drian: Nov 30 2007, 07:28 PM

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