they will not convert, they will give what you earned there in rm without conversion. work here and go there better.

I thought 5k in msia still b40..

Well you deduct SGD600 tax still hot 700 to use ma.

No la malaysia much better la... 4K equivalent can afford BMW in malaysia liao.

SG now already so crowded by. tuas and causeway minimum 1 hour.. Malaysia much better la, just stay in Malaysia.

yeah, gambate......let's work towards better lifestyle and hapiness

In for the laugh.


This post has been edited by blackie19: Dec 2 2019, 04:28 PM

YOLO...
Btw, NSHW is a nightmare during weekend...

5k is too less to live good at KL..
If 5k MYR on other state like Melaka, Pahang, perak, johor, then OK
sgd 3k is much better than 5k myr At KL

Buy iPhone for your GF there and finish off the rest

I'm a fresh grad with 4k ish starting salary. Managed to become a PR in SG prolly cause I studied in one of the local universites. In terms of starting pay for fresh grads refer to: https://www.salary.sg/2019/graduate-employm...published-2019/

Here is my breakdown of my salary (not inclusive of 13month bonus + 1-3months variable bonus)

Gross salary SGD4000 (Employer contribution 17%, $680)

CPF contribution: 1480 (about 60% can be used for buying a house)

Take home: 3200

Room rent: 600 (Point 1.)

Mobile: 20 (20GB)

Transport: 50 - 80 (Point 2.)

Food: 600 (Point 3.)

Travel/Entertainment: 500 (Point 4.)

Tax: 50 (Point 5.)

Savings: 1400 (Point 6.)

1. I have my own bedroom and is renting the full house with my friends. There is air-con, wifi, shared Netflix subscription, can cook, no owner, well renovated. Never had issues with and leaky pipes cracked walls or anything. Repairs will be borne by landlord.

My house is about 5-8mins walk to MRT and is only 35mins to work. I have 3 coffee shops nearby and 2 supermarket/market within 10mins walk. 1 MRT station away it will be a heartland mall. And 2 MRT stations away will enable me to 3 heartland malls. A 20mins bus ride away I will be around a street of shop houses for cafe food or hike in one of the nature reserves/Park. The parks are very well maintained here and you can jog at 5am.

With 800, you can rent a bedroom in a condo. Or studio apartment for couples at 2k inclusive of utilities. It is possible to find a shared room at 300 but of course I wouldn't suggest that if you are earning above 2.5k.


2. Will be on the higher band if I travel to other places after work and go out almost everyday during the weekends.

3.
Typical variation of meal/day:

Higher band (22)
Breakfast: set meal from Yakun/Toastbox with 2 eggs, coffee, kaya butter toast. Or soya bean milk + mian jian kueh @4.50
Lunch: Salad Shop e.g. Daily cut, aloha poke @9.00
Dinner: Grab food share with housemates e.g. Thai food, bento meals, cheap sushi, @8.00

Lower (7)
Breakfast: Coffee & biscuits from pantry @ free.
Lunch: Canteen food/normal hawker food e.g. Ayam panyet, fish and chips, pasta, herbal chicken soup, fish soup@4
Dinner: Caifan 2 meat 2 veggies, Hawker @ $3

Mid (12)
Breakfast: Nice bread from artisan bakery which cost $6 it can last you a good 3days @2
Lunch: Delicious hawker fare with Michelin rating or famous ones in the hawker center where you see people queuing @ 5
Dinner: Nicer meals as shown in the high band @8

Average the above three up. I roughly spend about 12/day which is 360 per month.

With 240 extra what can I get(Discretionary spending) ?

Hai di lao/Tanyu/hotpot stores/buffet twice a month: 45 x 2
An upscale meal in places like in MBS/steakhouse/Sentosa/Keppel once a month: 150

4. Discretionary expense
SG has 11 public holiday and typically has minimum 14days annual leave with proper planning you can get flights to most Asian country comfortably Every quarter with 1.5k sgd or a cheap budget travel to Japan/Australia/Certain parts of Europe or a budget travel during the weekends every month for a short getaway around the SEA countries.

Or you can use this amount of money for drinks every once a month with around 70 inclusive of a ride back. You can still have 400ish extra to travel for holidays.

Luxury products(e.g apple phone and watches, prada, gucci, chanel, rolex, ysl) are also within reach without overstretching oneself.

5.
Tax is quite negligible and affordable in comparison to anywhere else in the world if you do proper tax planning. Go to Iras website and look at the progressive tax table. Assuming I have no bonus and has take home salary of 3200x12, I am only paying 550 as the cpf contribution is not taxable.

My work hours do have peaks period. But time like now for me to write this post shows that there are time where workers do get to chill. Hence this proves that work hours is quite reasonable here. Yes, it is face paced and you're expected to produce your work when time calls but when it is chill period everyone knows how to enjoy.

6.
Assuming I do cut back on my discretionary expense as shown in point 3. And point 4. I will have extra 250 and 500 respectively. With that I can save at least 2000 a month at ease. Coupled with proper investments/insurance I believe the money earned here can be very comfortable for retirement.

With 2000 savings a month assuming no bonus and married, I can easily afford the downpayment of a 3 bedroom HDB BTO in a year if I am a Singaporean. Since I am not I will need to find a spouse and, prolly within 3years I can buy a resale 3 room flat (2 bedrooms) at a prime location with a valuation of 400K(recall: cpf 60% can be used to buy house). No doubt, SG is compact and has small living spaces, on hindsight, I get to enjoy the saturation of amenities within walking distance(e.g gym, community center for cheap classes, park, coffee shops, convenience stores, clinic, dodgy massage parlours, hairstylist). If I were to pay it up and rent my HDB I can rent it out at 1.5k in today's value. With this amount I believe it will add into my retirement source of income to live comfortably in other places other than Singapore. Of course its possible to live comfortably in Sg with proper planning retirement.

I may be stretching myself to purchase a car in SG but is the money worth it when sometimes(almost 80% of the time) it is faster and cost efficient to take the public transport. (e.g during peak hours taking a train is 30mins but driving a car to the CBD area can be 40mins up. Plus ERP and parking is extremely expensive)

Medical might be expensive to some in Singapapore. However, most companies do provide medical insurance or medical claims for full time employees.



TD;LR: if you plan your money, spend within your means, have a positive mindset, an open heart to embrace the different lifestyle and culture. I am sure that in any country be it Singapore or Malaysia you will do well.

Just go and get job at sg

3000 Sinkie dollar anytime

3k SGD anytime bro. you guys are delusion that rm5k will provide a luxurious lifestyle. similar to 3k SGD lifestyle at best.

RM3k here same as SGD3k there.

Not enuf

Both option suk

Got chance to married Singaporean and settle in Singapore.

Kids can become Singaporean also.

Yourself can change Passport too.

Choose the one with career path/usefulness of job role for FUTURE. Don't fall for sgd trap. If you're not with local degree, chances are employers hiring msian is leveraging on cheaper labor cost. Also, its easier to rise up the ranks in msia as generally ppl are 3rd world and not as bright, sg u gotta compete with tons of foreigners whose also hungry for sgd while being berated with local work culture.
And once u stayed too long, its harder for u to return as u will not consider a lower pay MYR despite good opportunities. However its no harm to consider sg experience a stepping stone for entry to good mncs worldwide in future

Honestly, Malaysia can afford own house n own car n family bond n friends

Singapore good luck try working within 1 year

Konon 3K sinkky dollar.

Now your are jobless there and some trying to find RM2K job here.
Some even asking for 4K RM.
Interview also dunno how to talk. Expect ppl to take due to sympathy.

Later Singapore economy OK again run away there.