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

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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...
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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
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.
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


westcoastbay
post Oct 2 2008, 07:46 PM

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Actually, do jobs in Malaysia pay well? No?

I see the credit card requirements is also RM30K, some cards even RM18K.

RM30K translates to like S$1000+ monthly salary requirement which almost everyone working in Singapore can apply.

This post has been edited by westcoastbay: Oct 2 2008, 07:46 PM
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