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 Working Life in Singapore V2, FAQs, experience sharing, meet-ups

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cktwai
post Oct 2 2008, 09:10 AM

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QUOTE(ar_lim @ Oct 1 2008, 09:31 PM)
I think the market in singapore is quite bad, and HSBC HK has started to retrench ppl. Do you all think HSBC SG will retrench ppl too?
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the worst has yet to come... stay put for now and lets see what happens in US...




Annie
post Oct 2 2008, 10:37 AM

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QUOTE(cktwai @ Oct 2 2008, 09:10 AM)
the worst has yet to come... stay put for now and lets see what happens in US...
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ya..i think somehow Singapore will be affected...cause most of the job here is financial sector related.
wu ming
post Oct 2 2008, 01:06 PM

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The place which I rented does not have any Internet connection.

Where can I get access to free Internet in Singapore? I heard that they are available at the local KFC and McD.
washabushi
post Oct 2 2008, 01:27 PM

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QUOTE(wu ming @ Oct 2 2008, 01:06 PM)
The place which I rented does not have any Internet connection.

Where can I get access to free Internet in Singapore? I heard that they are available at the local KFC and McD.
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hope it helps
http://www.infocomm123.sg/wireless_at_sg/coverage_areas


oh yeah...
by the way...
those stated inside the website not really true...
the place i staying wasnt indicated on the website but the signal i receive far better then sitting inside mcd
location blk 101 jurong east

This post has been edited by washabushi: Oct 2 2008, 01:50 PM
willielow
post Oct 2 2008, 01:28 PM

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does anyone know any job hunter in singapore that can introduce to me..
siren
post Oct 2 2008, 01:45 PM

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QUOTE(seantang @ Oct 1 2008, 09:05 PM)
What do you see are the benefits of giving up your Malaysian citizenship for Singapore's?
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I think the benefit is you can buy 1st hand HDB instead of 2nd and then sell-it off 5 to 7 yrs later and earn a better capital profit. Take the profit and buy a semi-D or even a bungalow in Malaysia after you return to Malaysia.

This is like owning a free semi-D for free.. That's why nowadays many Malaysians convert to Singapore citizenship as wat TS do...
eggBoy
post Oct 2 2008, 01:50 PM

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today, the second review bailout plan is passed by the senate in US, hopefully the house will pass it also =(

This post has been edited by eggBoy: Oct 2 2008, 02:00 PM
westcoastbay
post Oct 2 2008, 03:42 PM

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QUOTE(siren @ Oct 2 2008, 01:45 PM)
I think the benefit is you can buy 1st hand HDB instead of 2nd and then sell-it off 5 to 7 yrs later and earn a better capital profit. Take the profit and buy a semi-D or even a bungalow in Malaysia after you return to Malaysia.

This is like owning a free semi-D for free.. That's why nowadays many Malaysians convert to Singapore citizenship as wat TS do...
*
I do not think its so simple.

1st, you got to be at least 35 years old if you are single to purchase a flat directly from HDB. HDB always gives priority to married couples.

Housing grants are lower for singles than for married couples.

This post has been edited by westcoastbay: Oct 2 2008, 03:43 PM
Annie
post Oct 2 2008, 03:51 PM

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QUOTE(westcoastbay @ Oct 2 2008, 03:42 PM)
I do not think its so simple.

1st, you got to be at least 35 years old if you are single to purchase a flat directly from HDB. HDB always gives priority to married couples.

Housing grants are lower for singles than for married couples.
*
but after converted to Singapore citizen, can we come back and stay in Malaysia?
reign226
post Oct 2 2008, 03:57 PM

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I think there's no stopping you. Msia gomen always so happy to be able to reverse the 'brain drain'. But you probably won't be granted Malaysian citizenship (if you let it go last time) so you won't be entitled to subsidized healthcare, education, etc. But the point is to make enough money in Singapore so that this wouldn't be much of a problem.

But mainly I think the hassle will be with immigration. I suppose there is such a thing called PR for ex-malaysian Singaporean?
siren
post Oct 2 2008, 04:12 PM

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QUOTE(westcoastbay @ Oct 2 2008, 03:42 PM)
I do not think its so simple.

1st, you got to be at least 35 years old if you are single to purchase a flat directly from HDB. HDB always gives priority to married couples.

Housing grants are lower for singles than for married couples.
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Maybe TS is a 35 yr old single or he is married with a Malaysian instead of a Singaporean... Ask TS to confirm this.
seantang
post Oct 2 2008, 04:18 PM

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QUOTE(siren @ Oct 2 2008, 01:45 PM)
I think the benefit is you can buy 1st hand HDB instead of 2nd and then sell-it off 5 to 7 yrs later and earn a better capital profit. Take the profit and buy a semi-D or even a bungalow in Malaysia after you return to Malaysia.

This is like owning a free semi-D for free.. That's why nowadays many Malaysians convert to Singapore citizenship as wat TS do...
Firstly, are you eligible to buy a 1st hand HDB in the first place?

1. Like westcoastbay said, are you married? Family units are given much higher priority than singles.

Secondly, if you're married to a Singaporean, that's good enough to get yourself onto the ballot for new HDB flats.

2. What is your income? The income gaps are quite narrow, and unless you buy your flat early in life, like many Singapore couples, you won't get any of those cheap & cheerful 3 room flats. With something like only 5K salary, you are already forced to buy 4 or 5 room flats, which are only 20-30% less than private condos (with 1 or 2 fewer rooms of course). If you earn above 8K a month, you're not entitled to buy new HDB flats at all. If I am not mistaken, even buying 2nd hand flats is limited to executive units and above only. For those prices, might as well pay a bit more and get something freehold which appreciates faster and much easier to sell later on.

3. What makes you think non-Malaysian citizens can buy property in Malaysia? If they could, there'd be no reason for the MM2H program, no?


westcoastbay
post Oct 2 2008, 04:26 PM

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Resale flats in Singapore have horrendous pricings, especially in popular towns. The prices have only gone up and up since 2006.

5 room flats can easily fetch 400K.

Even 3 room flats would require 200K at least.

Housing in Singapore isn't cheap.


reign226
post Oct 2 2008, 04:27 PM

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From experience, mostly Malaysians in Sg do not give up their citizen...for the reason that at the end of the day, when it's all said and done...they'd rather come back to Malaysia to live out the end of their days.

Don't burn the bridge, once you convert, you can't convert back.
siren
post Oct 2 2008, 04:44 PM

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QUOTE(seantang @ Oct 2 2008, 04:18 PM)
Firstly, are you eligible to buy a 1st hand HDB in the first place?

1. Like westcoastbay said, are you married? Family units are given much higher priority than singles.

Secondly, if you're married to a Singaporean, that's good enough to get yourself onto the ballot for new HDB flats.

2. What is your income? The income gaps are quite narrow, and unless you buy your flat early in life, like many Singapore couples, you won't get any of those cheap & cheerful 3 room flats. With something like only 5K salary, you are already forced to buy 4 or 5 room flats, which are only 20-30% less than private condos (with 1 or 2 fewer rooms of course). If you earn above 8K a month, you're not entitled to buy new HDB flats at all. If I am not mistaken, even buying 2nd hand flats is limited to executive units and above only. For those prices, might as well pay a bit more and get something freehold which appreciates faster and much easier to sell later on.

3. What makes you think non-Malaysian citizens can buy property in Malaysia? If they could, there'd be no reason for the MM2H program, no?
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1) Tat's why need TS to answer your 1st question.
2) Are u sure high salary must buy expensive HDB, low income earners will enjoy the benefit of buying cheap HDB?
What if let’s say now I earn only $4K, 2 yrs later I earn $10K?
My company MD, which I believe shld be drawing a salary of at least $10K is staying in a HDB now.
Mind to share any source?
3) Maybe TS is married to a Malaysian, husband take up Singaporean citizen, wife remain as a Malaysian. So, when in Malaysia, her wife can buy a house under both husband and wife's name.

Joshua_0718
post Oct 2 2008, 04:53 PM

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QUOTE(westcoastbay @ Oct 2 2008, 03:42 PM)
I do not think its so simple.

1st, you got to be at least 35 years old if you are single to purchase a flat directly from HDB. HDB always gives priority to married couples.

Housing grants are lower for singles than for married couples.
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No wonder my colleague ask me to engage in Singapore 1st then only apply for PR, much easier for everything.

QUOTE(Annie @ Oct 2 2008, 03:51 PM)
but after converted to Singapore citizen, can we come back and stay in Malaysia?
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Yes, must fill up the white card to enter.... laugh.gif

QUOTE(reign226 @ Oct 2 2008, 04:27 PM)
From experience, mostly Malaysians in Sg do not give up their citizen...for the reason that at the end of the day, when it's all said and done...they'd rather come back to Malaysia to live out the end of their days.

Don't burn the bridge, once you convert, you can't convert back.
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Yes, Malaysia life is much better than Singapore life. Unless we are from other countries like Cambodia, India, etc, then I wouldn't mind at all.... icon_rolleyes.gif
seantang
post Oct 2 2008, 05:02 PM

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QUOTE(siren @ Oct 2 2008, 04:44 PM)
2) Are u sure high salary must buy expensive HDB, low income earners will enjoy the benefit of buying cheap HDB? What if let’s say now I earn only $4K, 2 yrs later I earn $10K?
Yeah, I'm sure.

What matters is your salary at the time when you ballot successfully for a flat and the HDB grant is approved. If your salary increases after you've already bought a flat, that's not an issue of course. HDB doesn't expect your salary to stay flat for 20 years.
QUOTE(siren)
My company MD, which I believe shld be drawing a salary of at least $10K is staying in a HDB now.
Ask him when he bought the flat. Like most Singaporeans, in their early 20s except if they are upgraders. Or did he buy a resale flat?
QUOTE(siren)
Mind to share any source?
HDB website?
QUOTE(siren)
3) Maybe TS is married to a Malaysian, husband take up Singaporean citizen, wife remain as a Malaysian. So, when in Malaysia, her wife can buy a house under both husband and wife's name.
Isn't that an argument not to give up Malaysian citizenship? Which is what I was said in the 2nd part of point 1?

And why I used Singaporean wife / Malaysian husband as an example, rather than Malaysian wife / Singapore husband is because Malaysia is still strictly paternal in its immigration policies. Citizenship of foreign born children, PR, visas etc for foreign spouses is still heavily biased in favour of Malaysian men.

This post has been edited by seantang: Oct 2 2008, 05:08 PM
westcoastbay
post Oct 2 2008, 05:06 PM

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If you can manage to get Singapore salary standards while staying in Malaysia, then the best. laugh.gif


siren
post Oct 2 2008, 05:23 PM

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[quote=siren]3) Maybe TS is married to a Malaysian, husband take up Singaporean citizen, wife remain as a Malaysian. So, when in Malaysia, her wife can buy a house under both husband and wife's name.[/quote]Isn't that an argument not to give up Malaysian citizenship? Which is what I was said in the 2nd part of point 1?

And why I used Singaporean wife / Malaysian husband as an example, rather than Malaysian wife / Singapore husband is because Malaysia is still strictly paternal in its immigration policies. Citizenship of foreign born children, PR, visas etc for foreign spouses is still heavily biased in favour of Malaysian men.
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[/quote]

Wat i mean here is currently there are 2 Malaysian PR as couples working in SG, either husband or wife convert to Singaporean citizen, the other remain as Malaysian.. Hence, this pair of couple have both the benefits of owning a new HDB and buying a property in Malaysia later on.

Joshua_0718
post Oct 2 2008, 05:29 PM

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QUOTE(westcoastbay @ Oct 2 2008, 05:06 PM)
If you can manage to get Singapore salary standards while staying in Malaysia, then the best.  laugh.gif
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nod.gif nod.gif nod.gif
But expecting salary minimum RM8K, of course, condition is I have the experience and qualification
nod.gif nod.gif nod.gif


Added on October 2, 2008, 5:29 pmWhat if 'dependent PR'?

This post has been edited by Joshua_0718: Oct 2 2008, 05:29 PM

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