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 Working in Singapore V18, All About Living in The Little Red Dot

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IwanAGP
post Apr 16 2016, 09:34 AM

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QUOTE(knwong @ Apr 16 2016, 08:56 AM)
You are just speculating on this. Even the best economist can't advise you on this

Best financial arrangement for me is to stay put and only transfer when you have the need to use the money in MY, such as buy house, settle PTPTN loan - regardless of what the currency exchange like at that time

I transfer big sum of money back more than a year ago thinking by putting it in MY Bank FD the high interest can earn more. Then I realize by NOT moving any of those money back i can earn more through increasing SGD to MYR conversion
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That was what my mum asked me to do a year back before the sudden drop in MYR.

Then after the drop I told her... See... Luckily I never transfer. Else even the interest give 10% also not enough cover. icon_idea.gif sweat.gif
IwanAGP
post Apr 18 2016, 12:47 AM

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QUOTE(saddient @ Apr 17 2016, 07:26 PM)
so the new flat tax is 22%?
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I just checked. 15% on gross income or 22% on net income.

and the 22% also for those who is in the top tier. Last time resident tax rate max out 20% now 22%.

QUOTE(saddient @ Apr 18 2016, 12:37 AM)
and the best prepaid is DIGI ? pay rm50 to keep the number ?
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If you back to MY once in a while don't really need Digi?

I using umobile, just make use of the grace period (2 months). So it will be alright if I go out to M'sia like once every 3 months. If go JB then I reload RM10 then it will extend another 2 months. But within the grace period can't call/sms only can receive. No problem receiving SMS for Maybank haha

This post has been edited by IwanAGP: Apr 18 2016, 12:48 AM
IwanAGP
post Apr 28 2016, 07:57 PM

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Erm... No one going to open new tered? 2.9k d~
IwanAGP
post Apr 29 2016, 11:57 PM

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QUOTE(VinluV @ Apr 29 2016, 08:14 PM)
Hi sifu.

Can i know which banks would have lowest fees when transferring from sg to malaysia?
Currently looking at ocbc. Maybank. Uob.

Appreciate if anyone knows and can share.

Tq
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POSB no fees too. But rate will be lower than you change cash outside la.
IwanAGP
post Apr 30 2016, 07:23 PM

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QUOTE(VinluV @ Apr 30 2016, 07:20 PM)
Thanks Guys.

Just for the record i went to Maybank, CIMB, OCBC, UOB, and POSB.
Seems that only CIMB and POSB has no fees. the rest charge 20SGD and 10% fees.
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POSB~~ Can transfer to any account in MY.

CIMB if not wrong need to transfer to CIMB MY account.
IwanAGP
post Apr 30 2016, 10:57 PM

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QUOTE(huaweie5830 @ Apr 30 2016, 07:48 PM)
Actually the arcade got a lot of remittance , above certain amount no charge, and rate is better than bank of coz
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But if not wrong normally need to change around 10k SGD only no charge right? Else it's around $20 fee right?

The remittance rate sometimes even better than the cash rate.

It's still easier to be able to carry out the transaction on your own. At least for me. I can transfer anytime I want (as long as within work hour).

Another problem is that all money changer at Arcade close super early. Not everyone work near there and can leave work on time rolleyes.gif

QUOTE(kyone @ Apr 30 2016, 09:16 PM)
First class holder $200 more.
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Erm... I started with even lower than 2.8 but 1 year later increased by 20%. Electrical engineer here. Jump another company probably another 15-20% jump hmm.gif But now market not very good doh.gif
IwanAGP
post May 5 2016, 10:32 PM

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QUOTE(jrkt @ May 5 2016, 08:29 PM)
Guys, one year of working experience in Malaysia doesnt count as experience meh?  I went for interview in Singapore on yesterday and the interviewer told me so. Is this true? or they are trying to low ball me?

On the side notes, do you guys think jobstreet is good for hunting entry level job? I have sent over 500 applications and only got 1 interview so far.  I came from accounting and finance background. Any other site recommendation? Thanks first.
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Even 1 year working experience in SG in related field can be treated as having no experience biggrin.gif

What you say?

Look for headhunters. Through job sites only is quite hard.
IwanAGP
post May 6 2016, 11:14 PM

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QUOTE(darrenboy @ May 6 2016, 11:10 PM)
Brand name? I wish that was always true. Not always true. It's more of your experience and your industry. If you are in a certain industry for many years, it will be difficult to enter into a new industry, for instance. Experience - what are your job scope, what have you accomplished, etc-  these are more important. Of course, if you work in a nameless firm, people will also think you have less job scope, less exposure, less accomplishment, etc But if you can get that all important interview, then you can demonstrate your worth. Tell them your experience, accomplishment, etc.

Anyway, I am done with Singapore. Why have "x3", when you can have "x4"? LOL......hahaha.... if only..... biggrin.gif
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Then you should go UK, x 5.7?

laugh.gif laugh.gif
IwanAGP
post May 18 2016, 12:21 PM

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QUOTE(Blackdawn @ May 18 2016, 10:42 AM)
you engaged an agent and you said no agent fees applied. mana ada logic bro?
and normally they allow viewing 1 month before, so you should try in 1st June perhaps?
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Really possible.

If the agent published the ads for the landlord, they will take their commission only from landlord which is half month. But if the agent come to you saying that he/she will now represent you which means to look for a room for you, he/she will look into their database based on your budget then they will go along with other agents then they take from you half month, the other agent take from the landlord. This is almost a loophole used by those agents, you help me I help you mah haha. It's win win for them.
IwanAGP
post May 21 2016, 06:37 PM

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QUOTE(vOlkSwaGen @ May 21 2016, 05:01 PM)
Is Mountbatten a good place to stay? Is it true that 2k salary can get EP?
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Possible to get but a bit less likely? 2.2~2.5k should be alright. Many EP salary range not up to the specified 3.3k actually doh.gif
IwanAGP
post May 23 2016, 07:16 PM

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QUOTE(deodorant @ May 23 2016, 07:02 PM)
My advice -- relocate your family to SG, or worst case JB/Johor West. Frankly I don't know a single person who work in SG who can tahan long term every single weekend travel back to KL.
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I know someone!!!

But it's almost a year later only I know that he's travelling every weekend back to KL to be with his wife and kids.

The best thing is... Around 9.30pm every Friday he can already be in KL. I wonder how he travels. Not someone I close to so never really asked.
IwanAGP
post May 23 2016, 10:02 PM

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QUOTE(SG2016 @ May 23 2016, 08:35 PM)
Really? I've used "Nice" bus twice but from KL to SG. Definitely not the best experience. I'll only use Nice bus if the fare is around RM 55. Not worth more than that.

IMHO Aeroline is the best. Punctual and pretty good in terms of service and onboard entertainment. But a bit expensive. Aircond is always adequate and can charge your devices.

Had a horrible experience with Pacific Ekspress from KL to SG, hot and unfortunately was filled with Bangla smell!
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I've used Nice once but the fare was like almost 100? Got 1 driver 1 "steward" serve you sandwich and two packaged drink. Can ask for headset and blanket from them. Got android infotainment center running android. Got games and movies to watch @.@

is it the same Nice?

QUOTE(Mackiddo @ May 23 2016, 09:34 PM)
It's safe to take 5 minutes/station into your calculation for total durations.
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biggrin.gif Green line I use 2mins/station and it's quite accurate.
IwanAGP
post May 23 2016, 10:09 PM

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QUOTE(Celestine @ May 23 2016, 10:06 PM)
i have similar observation, 2 mins plus minus 15 seconds for green line haha...
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But Clementi to Jurong east itself around 4-5 mins already doh.gif
IwanAGP
post May 23 2016, 10:54 PM

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QUOTE(Celestine @ May 23 2016, 10:34 PM)
er, sorry i was generalizing. i would say most stop takes ~2 mins, of course depends on distance. thanks for correcting me:)
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Nah I'm not correcting. Just saying biggrin.gif biggrin.gif

It applies from Clementi up to Tiong Bahru. Tiong Bahru to Outram also a little bit further than other station. Not sure why @.@ probably got a lot of utilities to divert from. hmm.gif
IwanAGP
post May 26 2016, 01:09 PM

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QUOTE(rookie93 @ May 26 2016, 11:21 AM)
Aaah i get it... Its like, i will be applying as though I'm still a fresh grad again. From that point of view, looks like getting past 1 year looks more established... I dont know if i shoud or not though, the job here now seems okay-ish, though long working hours (plus OT up to 12 hrs), i imagine working in Sg wont be much different other than the currency appeal....
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Even 1 year can almost count as nothing to SG employer. 2 years maybe they still consider.
IwanAGP
post May 27 2016, 10:02 PM

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QUOTE(xKryss @ May 27 2016, 09:48 PM)
Hi all,

I'm new here in this thread.

So I'm graduating next week with a degree in Economics from a university in Canada after studying there for 4 years, and even though I don't have any solid career plans yet, I'm planning to return to Canada next year (Feb-ish?) to look for a job there.

Well right now I hope to secure an internship or contract job in Singapore for the next few months. I honestly don't really mind the pay, I just really want to have some experience in Singapore. Who knows if I like the work culture there and if the company accepts me for long term I might end up staying there? XD 

I've been trying to apply for a number of jobs from InternSG etc. already. But right now what worries me is the work pass issue. I'm no longer entitled for the Training Employment Pass cause I'm graduating already, and the Work Holiday Programme pass doesn't apply to Canadian universities..... sadly.... The only one that I saw that I think I could remotely get is the S pass? Then again, I don't really have any real work experiences and I'm worried for applying for fresh grad jobs so quickly, real work experiences as in like internships. I've done numerous volunteer activities, contributed to alot of community clubs and participated in a number of projects but none of which are like the nature of internships, that's why I was just thinking of starting small and low in SG.

But since now I think the only pass that I'm entitled for is the S pass(?), that means the job that I get must pay me at least 2.2k sgd?
Any thoughts or comments on this?

Thank you!
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There's still work permit but with degree I doubt they will give you that. No problem working here short term with S Pass or E Pass right? But if the post is really temporary intern I'm not sure what kind of pass can the company apply for you. You can't really apply the passes. Only the employer can apply for that.
IwanAGP
post May 27 2016, 11:15 PM

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QUOTE(xKryss @ May 27 2016, 11:00 PM)
Yeah that's my hope. I just want to know if it will be a waste of time for me to apply for those short term contract based jobs if most of the passes are not even applicable to my case.
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I would say you better just apply for full time job without minimum employment period/contract.

But have to take note... If you work in SG between 61 and 183 days, prepare to give up 15% tax or is it 20%? Non-resident rate. hmm.gif
IwanAGP
post Jun 7 2016, 12:52 AM

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QUOTE(funkyme @ Jun 6 2016, 11:59 PM)
eh guys. normally DBS remit exchange rate cut off time is what time a?
i heard ppl say if remit the next working day. the rate won't be as per shown
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5 or 5.30 can't remember either one.

Yes if you remit after the cut off time the rate will be a lot lower. Tried it once. Ain't going to do that again.

Just remit in the middle of the day then you're safe.
IwanAGP
post Jun 7 2016, 08:08 AM

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QUOTE(knwong @ Jun 7 2016, 07:25 AM)
Freshie? Don't look at money for now.

Aim long term, which one gives you CAREER GROWTH
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Sometimes can't don't look at money now. Especially in Malaysia. 3.5k ain't a lot now haha... If a car is a must and has to pay rental then 3.5k probably just right without much savings doh.gif That can't be said for 2.5k in SG. Still can live a moderate life without starving or going extreme to save on food. Can still make quite a big sum of savings.
IwanAGP
post Jun 12 2016, 08:17 PM

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QUOTE(AmuletSpade @ Jun 12 2016, 07:47 PM)
Hi guys,

Wanna ask a bit about the tax rates in SG. I'm in the midst of a work transfer to SG and just received my work permit so now is just determining when to move over.

From what I can gather from the IRAS site, individuals are qualified for resident rates if they've been staying/working in SG for 183 days in a calendar year.

1. Would this mean that I qualify for resident rates if I move to SG before 1 July (counting 1/7 - 31/12 is exactly 183 days)

2. I would be required to travel between Kl-SG for the first 2 months for work, would it be considered as a 'work day' in SG too? Since technically my hiring status is now under the SG branch.

Link to the page I've been refering to: https://www.iras.gov.sg/IRASHome/Individual...-Non-Residents/

PS: Nice to meet all of you! Summary of myself, working in the Advertising industry and got a work transfer to move to the SG branch smile.gif
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If you work less than 183 days in 2016 you will only be taxed in the next cycle. I started working since Sept 2014 till now haven't pay a cent yet. Waiting for IRAS red bomb for 2015. Haven't see the fighter jet coming yet.

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