Singapore Expats Forum

from India to Singapore

Discuss about getting a well paid job or career advancement. Ask about salaries, expat packages, CPF & taxes for expatriate.

indiaexpat
Newbie
Newbie
Posts: 2
Joined: Sat, 06 Oct 2007

from India to Singapore

Postby indiaexpat » Sat, 06 Oct 2007 12:43 am

Hi,

I will be relocating to Singapore with my kid and wife..in next month..I have an offer of SGD 7500/month (90k p.a.). (no other perks), might have bonus One need to work in shifts for this.

Is this sufficient salary to start with? Will I be able to save anything?

Please advice..thanks in advance for your time.

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 35159
Joined: Thu, 11 Nov 2004
Location: Still Fishing!
Contact:

Postby sundaymorningstaple » Sat, 06 Oct 2007 9:13 am

Yes and Yes.

dingsea
Member
Member
Posts: 47
Joined: Sat, 06 Oct 2007
Location: Singapore
Contact:

Postby dingsea » Sat, 06 Oct 2007 11:20 pm

this is, cool and hight salary.....
can we know ur occupation?

indiaexpat
Newbie
Newbie
Posts: 2
Joined: Sat, 06 Oct 2007

thanks

Postby indiaexpat » Sun, 07 Oct 2007 2:27 pm

Thanks for your inputs. I am it professional.
I came to know rents are going high one of my fried was paying 2200 recently for condo now they are asking him 3500 now??
Is rent prices are so high now?? if so I don't think 7500 is enough salary
I think I will be able to save hardly SGD 1500/month.
Please let me know what do you think.


thanks in advance,
sunil

User avatar
GKalra
Regular
Regular
Posts: 62
Joined: Mon, 02 Oct 2006
Location: Holland, SG

Hi

Postby GKalra » Sun, 07 Oct 2007 8:44 pm

Hi Sunil,
You are right in being concerned, Singapore is getting expensive especially renting a decent apartment in a decent area. However, if that salary is enough or not will depend on your lifestyle.

This is just to give you an idea;

If you live in a nice 2 bedroom apartment starts around $3000, maid and levy $750, utility bills $500, food etc depends on you , also phone , car or taxi fare etc. ....... It all adds up, i am not trying to scare you or put you off, but try and get accomodation allowance if possible.
Good luck.

RobinHood
Newbie
Newbie
Posts: 10
Joined: Tue, 02 Oct 2007

Postby RobinHood » Sun, 07 Oct 2007 10:04 pm

Does your wife work as well? Or is the $7500 going towards supporting your entire family?

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 35159
Joined: Thu, 11 Nov 2004
Location: Still Fishing!
Contact:

Re: Hi

Postby sundaymorningstaple » Sun, 07 Oct 2007 10:43 pm

GKalra wrote:
If you live in a nice 2 bedroom apartment starts around $3000, maid and levy $750, utility bills $500, food etc depends on you , also phone , car or taxi fare etc. ....... It all adds up, i am not trying to scare you or put you off, but try and get accomodation allowance if possible.
Good luck.


indiaexpat,

Like I said elsewhere, rents start at $1500. HDB Flats are good enough for approximately 90% of the Singaporean population. There is no reason why you need to pay condo prices unless you just want bragging rights. As you did not indicate if your wife is going to be working, I will assume not (at least at this point). Therefore there is no need to hire a maid (again, unless you are looking to Singapore for bragging rights or to make money). Cars are unneccessary here (I've done without after selling mine in 1988 and using public transport ever since. (and raised two kids from infants as well.

Additionally, depending on your lifestyle, if you are a heavy drinker (which I tend to doubt) it will cost you. Food is cheap here (especially indian food) and most anything else can be gotten here to make you feel almost at home.

For your information, the average Singaporean "median Household Income" is around $4500/mo (that household - with usually 2 working and not individual income). Most of the "expats" here like to inflate the numbers. Why I'm not sure, maybe to scare of the competition. Who knows. But, Yes you can save money here. I would say easily 2500/mo without trying and more it your purpose here is to earn & build a nestegg. The only thing that could through a spanner in the works would be the education of your child. You did not indicate the child's age. If pre-school you will be okay for a while. Odds are you will eventually sooner or later (probably sooner) apply for PR. If so, you will probably put them in the local school system (smart idea actually). This will also keep the costs down.

Okay, that's a wee bit more detail than my first "yes and yes".


  • Similar Topics
    Replies
    Views
    Last post

Return to “Careers & Jobs in Singapore”

Who is online

Users browsing this forum: No registered users and 3 guests