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 SGD 3000 vs RM 5000 SALARY, who win?

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mushigen
post Nov 27 2019, 09:41 AM

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QUOTE(testinglabha @ Nov 27 2019, 09:39 AM)
Let discuss this Scenarios:

Malaysian stay at KL, earn RM5000 salary

VS

Malaysian stay at Singapore, earn SGD3000 salary

Who actually earn more if both of them continue Live Same Lifestyle (No "Kuli" life, but not luxury life either, just comfortable middle class life)?

p.s. do consider stuff like EPF thingy, etc
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SGD3k can't buy you middle class. SGD5k barely makes it to middle class.
mushigen
post Nov 27 2019, 09:51 AM

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QUOTE(testinglabha @ Nov 27 2019, 09:42 AM)
which mean, RM5000 in malaysia is a middle class, while SGD 3000 need downgrade lifestyle a bit?
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You rent a room in sgp. You rent a 🏠 in Msia. Don't dream of owning a car there.
If you have cpf, kena potong 20%. If no cpf, you're on your own when old.

Worse, many Msians working in Sg kena jangkit with materialism and spend like sinkies. Latest phone, check. adidas sneakers, check.
mushigen
post Nov 27 2019, 10:04 AM

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QUOTE(irise.ufall @ Nov 27 2019, 09:59 AM)
SGD win lo

kuew teow soup KL = RM7.50

kuew teow soup SG = RM4
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Can share location of the RM4 kt soup? I'm sure many of my kakis will love to eat there.
mushigen
post Nov 27 2019, 10:09 AM

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QUOTE(Exiled_Gundam @ Nov 27 2019, 10:03 AM)
Haha how come advice about working in SG involves downgrading your lifestyle (compared to when in Malaysia)? In Malaysia you cannot downgrade your lifestyle meh in order to save money?
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When you kuli in foreign country, you are trading your youth for money. Sharing a room is a downgrade, unless you want to pay Sgd1.5-2k for a flat.
There will be a time when you must make a decision to come back if you are not a citizen there. So you'll want to make sure you have life savings, else everyone including your own siblings might avoid you.
mushigen
post Nov 27 2019, 10:11 AM

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QUOTE(ziniowong @ Nov 27 2019, 10:08 AM)
this is what most ppl tot.....but most still stuck in sg till now
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Fully agree. Many ppl i know are spending all the money they earn, so they can't afford to return to lower salary in Msia. It's very unlikely to get similar or higher pay in Msia.
mushigen
post Nov 27 2019, 10:14 AM

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QUOTE(melt @ Nov 27 2019, 10:03 AM)
one fried chicken + 2 vege - 4.30 in city area
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Sgd1.50... again, please share the location. This kind of pricing could not be had even 25 years ago.
mushigen
post Nov 27 2019, 10:16 AM

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QUOTE(Spectreoutreach @ Nov 27 2019, 10:14 AM)
If get fired GG ?
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That's a real threat many choose to not think about. And we're talking about those with work permit, not PR.
mushigen
post Nov 27 2019, 10:37 AM

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QUOTE(melt @ Nov 27 2019, 10:21 AM)
that is SGD 4.30
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Not exactly cheap, isn't it?

QUOTE(irise.ufall @ Nov 27 2019, 10:25 AM)
Sorry i mean SGD4
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That's more expensive than the RM7.50 kt soup you compared with.

You earn Sgd3k vs RM5k but you still have to pay more for food after conversion.
mushigen
post Nov 27 2019, 10:54 AM

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QUOTE(8sg9ft @ Nov 27 2019, 10:43 AM)
Why convert? Don't think u can get RM4.30 chapfan in KL with 1 meat
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You have to read the post I quoted for the whole gist. Nobody said we can get the RM4.30 chap fan in kl.

QUOTE(Bonchi @ Nov 27 2019, 10:47 AM)
NUS canteen laugh.gif almost everything there less than 3SGD laugh.gif
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Been there before. Cheap but not to Sgd1.50 level lah.
mushigen
post Nov 27 2019, 10:55 AM

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QUOTE(xtylish @ Nov 27 2019, 10:53 AM)
user posted image
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Don't understand.
mushigen
post Nov 27 2019, 10:56 AM

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QUOTE(kenji1903 @ Nov 27 2019, 10:50 AM)
its normal to take public transport to work, it's never normal to take public transport to date
what's more malaysian guys are a level lower in the eyes of a amoi sinki
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QUOTE(8sg9ft @ Nov 27 2019, 10:52 AM)
Unless managed to find a malaysian girl working in sg then maybe, just maybe, it'd be ok. Lol
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Both are spot on.
mushigen
post Nov 27 2019, 10:59 AM

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QUOTE(Bonchi @ Nov 27 2019, 10:56 AM)
economy bihun and one sosej.. i think can get 1.50. but definitely not satisfying haha....
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Economy beehoon is never economic in Singapore because people always add this towkee and that vege and the fried egg. I think auntie will give you the look if you order kosong mia.
mushigen
post Nov 27 2019, 11:27 AM

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QUOTE(irise.ufall @ Nov 27 2019, 11:09 AM)
If u said it is more expensive in SG after conversion then u should also take into consideration the salary after conversion.

Eg: SGD 3k x 3 = RM9000 compare to RM5000 salary here.

So spending SGD 4.00 (RM12) while u r getting RM9000 (0.13% of your salary) vs spending RM7.50 for kt soup while u r earning RM5000 (0.15% of your salary).

I personally do not do direct conversion just like that.

I take other factors into consideration like one very important factor, public transport. In SG, u dun need a car, u can basically go everywhere with their PT. But working in KL (which has more matured PT), u still need a car to go to your workplace (u can still try to get PT, but u know la, u need to spend a lot of times to take PT here).
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I knew you'd be doing the conversion right down to percentage. You become kuli yet you save only 0.02% per meal.
A Japanese restaurant dinner for 2 at neighborhood mall sets you back by Sgd40-50 whereas a similar meal here is around RM100.
A little here and there adds up. More so if he doesn't have CPF and hence no savings.

Those who say he doesn't need a car in Sgp is actually trying to console himself not to part with the Sgd1k per month additional expense.
You want to go jogging at East Coast Park when you stay in Jurong? Nah, better go Chinese Garden.
mushigen
post Nov 27 2019, 01:00 PM

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QUOTE(unforg1ven @ Nov 27 2019, 12:36 PM)
Sgd$3k potential > myr$5k

Housing interest rate 1.6% - 2%..
One hdb sub rental can get $1k cover your installment and spare master bedroom for ur self...

Msian girl also materialistic but on cheaper level... Maybe a lv or Prada bag can settle.. Keke
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Which bank is offering such low rates? Please share.
mushigen
post Nov 27 2019, 01:05 PM

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QUOTE(irise.ufall @ Nov 27 2019, 11:49 AM)
If u need a car for nonnecessity then this is ur personal choice.
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The opposite is also true. Cannot afford, hence not a necessity.
mushigen
post Nov 27 2019, 01:11 PM

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QUOTE(Lester1987 @ Nov 27 2019, 01:05 PM)
Do read this.

https://blog.moneysmart.sg/home-loans/mayba...me-loan-review/
mushigen
post Nov 27 2019, 01:18 PM

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QUOTE(PrincZe @ Nov 27 2019, 01:00 PM)
hi bonchi, can  i ask, if u get married in sg, can u register the same in malaysia as well?
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You need to visit Msia High Commissioner to register that marriage with Msia authorities. You will be given 2 copies of Msia marriage cert, and you still get to keep the Singapore marriage cert.

QUOTE(Bonchi @ Nov 27 2019, 01:07 PM)
you only need/can have one marriage cert and it is recognized from most countries. just need to declare and submit a copy of that cert in malaysia.
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mushigen
post Nov 27 2019, 01:20 PM

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QUOTE(melt @ Nov 27 2019, 01:16 PM)
you cant convert when you work in SG.

can you get RM4.30 with fried chicken and 2 vege in MY? Even RM5 in city area is almost impossible
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Do read the original post which I quoted. Nobody said we can get 1 chicken and 2 vege for RM4.30.
mushigen
post Nov 27 2019, 01:23 PM

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QUOTE(cloudwan0 @ Nov 27 2019, 01:20 PM)
Only for the first one or two years, average is 3%
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Exactly. Hence, for him to proclaim home interest is 1.6-2% there is misleading.
mushigen
post Nov 27 2019, 01:31 PM

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QUOTE(Bonchi @ Nov 27 2019, 01:26 PM)
yeah and it will cost about RM20.. and must be done within 6 months or will be charge a fine of RM150? im not too sure.. currently im also deciding between to ROM in SG or Malaysia before going down under laugh.gif ... i think it's much easier to just do it in malaysia as a msian.
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B4 that, do check the rules regarding marrying a work permit holder if you're a PR.

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