The Average Singaporean cost of living

[Theone2010]

Job

[Ladykillerz]

Uniquely SG.~

[Edwardthy]

maybe u can try migrating elsewhere

[Theone2010]

maybe u can try migrating elsewhere

 

 

difficult, families all here, just an avg engineer, in the 40's & no million dollar saving, which country wants you?

 

if i Malaysian, many choice, can stay KL or cheap cheap go Kuching.

 

Malaysian working here i admire/ envy most.

 

[Park88]

why complain

if we have to blame

blame us the stupid 66.6%

must have been blind

[Dafansu]

difficult, families all here, just an avg engineer, in the 40's & no million dollar saving, which country wants you?

 

if i Malaysian, many choice, can stay KL or cheap cheap go Kuching.

 

Malaysian working here i admire/ envy most.

 

how much do you earn as an avg engineer

[Blackyv]

btw, just did a check on some resale 4-rm flat at buangkok(sengkang) and guess what.... some high floor hit above 500K... this is insane...

 

 

265E Compassvale Bow 16 to 20 92.00

Premium Apartment 2007 $496,000.00 Mar 2011

 

265E Compassvale Bow 01 to 05 92.00

Premium Apartment 2007 $478,888.00 Mar 2011

 

265E Compassvale Bow 01 to 05 92.00

Premium Apartment 2007 $451,000.00 Mar 2011

 

265E Compassvale Bow 16 to 20 92.00

Premium Apartment 2007 $518,000.00 Feb 2011

 

265E Compassvale Bow 06 to 10 92.00

Premium Apartment 2007 $503,000.00 Feb 2011

 

265B Compassvale Link 01 to 05 92.00

Premium Apartment 2008 $490,000.00 Feb 2011

 

264E Compassvale Bow 01 to 05 92.00

Premium Apartment 2008 $430,000.00 Dec 2010

 

265B Compassvale Link 11 to 15 92.00

Premium Apartment 2008 $510,000.00 Dec 2010

 

264C Compassvale Bow 06 to 10 92.00

Premium Apartment 2008 $463,000.00 Nov 2010

 

265E Compassvale Bow 11 to 15 92.00

Premium Apartment 2007 $480,000.00 Nov 2010

[D3badge]

difficult, families all here, just an avg engineer, in the 40's & no million dollar saving, which country wants you?

 

if i Malaysian, many choice, can stay KL or cheap cheap go Kuching.

 

Malaysian working here i admire/ envy most.

 

correct if you are born in another 1st world country and ur earning power is base on an average engineer like you mention not much diff. remember overseas there is no CPF to help u down payment and do installment plus no such thing as housing loan less than 2% base on current market. go google Aus, UK or US bank there and see housing loan rate.

[D3badge]

https://www.citimortgage.com/Mortgage/displ...chaseLanding.do

 

URL on US current home loan rate even with US LIBOR so low like our SIBOR

 

http://en.wikipedia.org/wiki/List_of_count..._ownership_rate

 

Singapore housing policy did help many home ownership.

 

Yes I do see life is getting tough for average Joe especially in globalisation thus of ur status or income is like what you mention, live in any 1st world nation will be tough too.

 

think should think of how to upgrade or enhance ur value to your company or own business thus the life will likely to improve

[D3badge]

if you guys notice not many Asia countries, thus we should be thankful of sound policy in the past and how we should improve policy and ourself rather than ask to be spoon feed.

 

[Porche]

this is insane...sengkang 4room high end 400K, so inconvenient

[Tianmo]

 

 

 

just like this song lor..................

[Hosaybo]

this is insane...sengkang 4room high end 400K, so inconvenient

 

The ones highlighted above are premium flats near buangkok mrt station, about 400 to 500m away only. Not that ulu. Near pungool park and has amenities like 24 hr ntuc, coffee shops, schools etc most just turn 5 years old. But prices are indeed very steep.

[Forrestcat]

The ones highlighted above are premium flats near buangkok mrt station, about 400 to 500m away only. Not that ulu. Near pungool park and has amenities like 24 hr ntuc, coffee shops, schools etc most just turn 5 years old. But prices are indeed very steep.

 

Premium or Non Premium, new flats are still going to be priced based on resale... No?

[Skunk]

40+ years old already still complaining like a fresh grad ah lol. If life's so hard here, go n be a m'sian worker lor, see if u still envy them lol. If a gd life is so unattainable, who r driving all the luxury cars n staying in all the private property, don't tell me Pap got so many members lol. Cannot make it yourself still wanna complain. Take a gd look at yourself instead of the world.

[D3badge]

Premium or Non Premium, new flats are still going to be priced based on resale... No?

 

I would think more than just resale pricing. a lot got to do with material

 

eg steel prices you get the feel http://www.worldsteelprices.com/

 

now we have problem getting sands as no longer so near indo but boat got to go further to Vietnam or cambo. high oil price thus overall cost??

 

some bluecollar FT also cost more compare to 5 years ago

 

 

[Mllcg]

set a MIN wage cap. that solves many problems.

 

paying 1.5k to a local or FT. choose.

[D3badge]

set a MIN wage cap. that solves many problems.

 

paying 1.5k to a local or FT. choose.

this will cost inflation again not just a A or B answer.

 

example many restaurant hire waiter or waiteress at $1k to $1.2k thus if each headcount increase by $300 do you think the business owner wont increase menu price?

 

imagine you go WS servicing.... min labour cost $100

 

I personally believe education is the primary key as this should be the ground to improve individual life, as knowledge is power.

A billionaire can leave lotsa $$$ to his children, but those $$$ can be con, cheat or stolen from the billionaire children if they are not careful but not education and knowledge as this always stay in ur head.

 

society and civilisation evolve from knowledge thus educating the youth is the basic long-term foundation

Edited April 18, 2011 by D3badge