Singapore Expats Forum

Salary , is this enough ?

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

ProfYaffel
Newbie
Newbie
Posts: 2
Joined: Thu, 03 Apr 2008

Salary , is this enough ?

Postby ProfYaffel » Thu, 03 Apr 2008 12:10 am

Hi, my first post so be gentle with me

I'm a married Brit with 2 kids and I've been offered a job in Singapore . The company will pay for schooling and health cover but nothing else. They have offered around S$130,000 although it is linked to the USD ( $100,0000) so it could vary. My question is , is this enough to rent a reasonable appartment and get by on + being able to save some money as well ?

Thanks

User avatar
durain
Director
Director
Posts: 3666
Joined: Thu, 23 Aug 2007
Location: Location: Location: Location:

Postby durain » Thu, 03 Apr 2008 7:46 am

yes.

User avatar
sierra2469alpha
Editor
Editor
Posts: 1382
Joined: Tue, 27 Feb 2007
Location: Singapore (Finally!)

Postby sierra2469alpha » Thu, 03 Apr 2008 8:36 am

Hi Prof - as with so many of these types of questions is really does depend on your lifestyle choice. With rents at all time highs, car ownership costs, and a myriad of personal choices you can make, then it really pays to do some more research.

Before we came over, we trawled through this forum - use the search function up above - and read about other people's expreriences. From that was did a fairly rough budget, and compared such things as rent, utilities, food, travel, tax, health care etc. to our situation back in the country we were living in. That exercise, while time consuming, was invaluable, as it allowed us to negotiate on the items of importance to us. Also of help are organisations such as Mercer who publish annual and half yearly living cost comparisons so you can apply uplifts. While they cost a little, if your company/organisation is serious about sending you here, then they'd be foolish not to invest in such research.

Armed with that research you'll probably find some specific queries so post on back and let's try to help you out! Good luck! P & C :)

ProfYaffel
Newbie
Newbie
Posts: 2
Joined: Thu, 03 Apr 2008

Postby ProfYaffel » Thu, 03 Apr 2008 11:49 pm

P&C Thanks for the reply.
I think its mainly the rent I'm worried about. Schools wil be paid for and so will health cover but there is no help with the rent. I have lived in Asia before and don't need to live like a king , don't need a car, just want to have somewhere decent to live and be able to afford to do things with the kids.
So, how about that rent ?

Cheers

User avatar
ching
Regular
Regular
Posts: 128
Joined: Sat, 30 Jun 2007
Location: Singapore
Contact:

Postby ching » Sun, 06 Apr 2008 4:23 pm

Hi,

Rent can vary quite a lot depending on where you live, no surprise there.

Are you looking to live somewhere downtown, or is a longer commute (45-60 mins by bus, 15-20 mins by cab, if you're not getting a car) ok with you?

Best of luck with planning your move...
Tips from expats living in Singapore - http://www.livinginsingapore.org

Mandarin_Fun
Newbie
Newbie
Posts: 11
Joined: Tue, 18 Apr 2006

welcome to Singapore

Postby Mandarin_Fun » Mon, 07 Apr 2008 1:30 pm

With US100,000 per year, you can lead a comfortable life here in Singapore with your whole family. The living cost has gone up due to high inflation last year, but I think that rent and price rise will be modest in 2008.

Teema
Member
Member
Posts: 43
Joined: Mon, 09 Jul 2007

Postby Teema » Thu, 10 Apr 2008 10:46 pm

Condo: 3k+ or HDB: 1.8k+
Car: 1.5k+ for a 2 years lease, $100 for public transport
Food:1k up to 3k (depends on how many chick restaurants you go to!)
Others, electricity+internet+hand phone: 1k

So you pay around 5k/month to start. For a "comfortable life" you should expect paying around 7-8k+/month for a couple.

tooktheredpill
Newbie
Newbie
Posts: 7
Joined: Sat, 02 Sep 2006

Postby tooktheredpill » Mon, 14 Apr 2008 11:08 pm

well given the most popular activity here, it all depends on how much your wife likes to shop =)
With 2 kids u would need a decent amount of space - prob 120sq ft + maybe looking @ ~5k per month in central singa, but $$s are dropping and definitely so as you move out further west and north. Landed properties here are good bang 4 buck but prob won't have a pool.
not knowing your expectations i reckon google will be your best help here

quidsin
Regular
Regular
Posts: 117
Joined: Fri, 29 Feb 2008
Location: singapore

Postby quidsin » Thu, 17 Apr 2008 11:15 pm

If your coming here from the UK then your kids will want a pool in their complex. Mark my words. We too thought we could do with a HDB but when you see condo's with all the facilities then you start re-thinking your plan.

I'll be honest with you and say that I was on a similar salary when i arrived here 6 months ago. Coming from the UK also, I didn't take into account that my firm would deduct $1k from my salary for pension. You also need to put money aside for you income tax, say 10% each month. Now start looking at your numbers again...suddenly it don't seem like such a good deal.

I spoke to my seniors after 3 months and said I couldn't survive and would have to go back to the UK, so what happened? They paid me 35% more money, just like that!

Do you research thoroughly, show them examples of costings such as rent and car leasing, this should support your claim for more money.

familyof5
Chatter
Chatter
Posts: 168
Joined: Sun, 26 Aug 2007

Postby familyof5 » Fri, 18 Apr 2008 9:57 am

ProfYaffel wrote:P&C Thanks for the reply.
I think its mainly the rent I'm worried about. Schools wil be paid for and so will health cover but there is no help with the rent. I have lived in Asia before and don't need to live like a king , don't need a car, just want to have somewhere decent to live and be able to afford to do things with the kids.
So, how about that rent ?

Cheers


you can view properties for rent on this site. everyone has their own idea of what is "suitable accommodation", and the package offered to you may or may not be good enough, depending on what random strangers believe is "suitable accommodation".

do you know anyone who lives here who you can ask? that would be a good start.


  • Similar Topics
    Replies
    Views
    Last post

Return to “Careers & Jobs in Singapore”

Who is online

Users browsing this forum: No registered users and 1 guest