how much can i save from my salary

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prasan

how much can i save from my salary

Post by prasan » Fri, 15 Jul 2005 12:58 am

Hi

I am a IT professional from India. I have an offer of S$3500/month from a company for a contract job(one year). I am not sure about the living expenses out there in Singapore and need your help sincerely to understand what I can save out of this offer.

The company will not be providing me accommodation. I am single and prefer only Vegetarian food. I would like to explore both options as staying alone (one room+kitchen) or in a shared flat (2-3 people).

Also suggest me if I have to look for any particular things when accepting contract jobs in Singapore. Any help is highly appreciated.

prasan

Guest

Post by Guest » Tue, 19 Jul 2005 10:36 pm

you can easily find a room with AC for 300-400. 300 Should be enough for food. 100 is enough for transportation. Cell phone + Cable....maybe 100. Now throw 400 for entertainment....

That leaves you with more than half to save.

You should be ok if you are single, and don't drink.....Drink and smoke is expensive....each pack is $11 and you'll spend 150-200 each night you go out to drink.

prasan

thank you

Post by prasan » Wed, 20 Jul 2005 11:09 am

thank you very much for the details. it helps me a lot.

Guest

Post by Guest » Thu, 21 Jul 2005 11:58 pm

Hi,

Got an offer in Singapore for S$5,000. I shall be moving down there on 20 Aug. No one to rely on - only these two feet and a bag of clothes :lol:

May I ask a few questions? :?: ;)

1. What are the legal requirements and cost for renting a room?
2. Is stamping required for renting a room?
3. Who usually bears this cost?
4. How many months deposit is the norm?
5. How long does it take to rent a room?

Guest

Post by Guest » Sun, 24 Jul 2005 11:57 am

1. I rent a room only and the owner required a copy of my passport and EP. Plus we had to sign a contract. Mine is a HDB room with AC and it cost 450 with PUB.

2. Stamping?? I don't think its required since don't know what it means.

4. 1 month is a norm.

5. I stayed in a hotel for 1 day and found an agent to look for a room for me and they did pretty good job. You have to pay them half of 1 month's rent. This is the quickest way.

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