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Started using Shopee a few months back and find this platform useful. Pros 1, Shopee prices are competitive 2. Option of self collection for some sellers Cons 1. Menu and search function takes some getting used to. Official stores on Shopee include : - Colgate - Unilever - Reckitt Benckiser (RB) - Spigen - SanDisk - Asus - Western Digital - Jabra - Chope - MamyPoko - Johnson's Baby - Kleenex - Blackmores - Nestle - Ayam Brand - New Moon - Omron - Brand's - GoPro - Huggies Overall range of products is probably not as extensive as Qoo10 or Lazada, but its got most of the stuff I need. Enjoy.

Households to pay more for waste disposal from July 1 due to rising costs SINGAPORE - From July 1, residents will need to pay more for public waste collection due to rising operational and manpower costs. The National Environment Agency (NEA) said in a statement on March 28 that monthly household refuse collection fees for Housing Board flats and non-landed private housing will rise from $9.81 to $10.20, an increase of 39 cents. The monthly fee for those living in landed homes will go up from $32.67 to $34, an increase of $1.33. NEA said: “The revised fees ensure that Singapore’s overall waste management system can operate sustainably.” Household refuse collection fees are reviewed biennially, or once every two years, it added, noting that average charges by public waste collectors have increased over the past few years in tandem with rising operational and manpower costs. Every month, each household pays one of Singapore’s three public waste collectors a refuse collection fee through its monthly utility bill. These public waste collectors – 800 Super Waste Management, Alba W&H Smart City and SembWaste – were appointed through open competitive tenders, NEA said. NEA said those living in HDB flats can offset their refuse collection fees through U-Save rebates, which are given quarterly. The rebates for the 2024 financial year will be credited in April, July, October and January 2025. The rebates are credited directly to eligible households’ utilities accounts managed by utility provider SP Services. https://www.straitstimes.com/singapore/households-to-pay-more-for-waste-disposal-from-july-1-due-to-rising-costs still got smlj fee / levy / charges etc not yet increase one hah ?

https://www.straitstimes.com/singapore/household-incomes-rose-in-2022-income-inequality-fell SINGAPORE – Median household income grew in 2022 and income inequality fell when compared with 2021, figures released by the Singapore Department of Statistics (SingStat) on Thursday showed. Among resident employed households, monthly household income from work grew by 6.1 per cent in nominal terms, or before adjusting for inflation, from $9,520 in 2021 to $10,099 in 2022. Median monthly household income from work rose 0.2 per cent in real terms, or after adjusting for inflation, in 2022. Household income from work includes employer Central Provident Fund (CPF) contributions. From 2017 to 2022, median monthly household income from work of resident employed households increased 2.9 per cent cumulatively, or 0.6 per cent per annum in real terms. Such households have at least one employed person, and the household reference person – previously referred to as the head of household – is a Singapore citizen or permanent resident. Taking into account household size, median monthly household income from work per household member rose from $3,027 in 2021 to $3,287 in 2022, an increase of 8.6 per cent in nominal terms, or 2.6 per cent after adjusting for inflation. From 2017 to 2022, median monthly household income per household member grew by 11.9 per cent cumulatively, or 2.3 per cent per annum in real terms. Rise in income for all but top earners Households across most income deciles saw increases in average household income from work per household member after adjusting for inflation. In 2022, the average household income from work per household member of resident employed households in all income groups rose in nominal terms, with the increases ranging from 5.3 per cent to 15.6 per cent. After adjusting for inflation, households in the first nine deciles saw real income growth of 1.1 per cent to 10.1 per cent, while those in the top decile saw a real income decline of 1.3 per cent. Between 2017 and 2022, the average household income from work per household member of resident employed households in the first nine deciles rose 1.5 per cent to 3.0 per cent per annum in real terms, while that in the top decile recorded a decline of 0.4 per cent per annum in real terms. The decline experienced by the top decile was because of a larger increase in household size from 2.26 in 2021 to 2.34 in 2022, compared with households in the other deciles. This, coupled with higher inflation experienced in 2022, contributed to the decline in their real household income in 2022. More money distributed through government schemes Resident households, including households with no employed person, received $5,765 per household member, on average, from government schemes in 2022. This was higher than the $5,257 received in 2021, due to the one-off and transitionary measures in 2022, as well as enhanced schemes, to cushion the impact of the goods and services tax (GST) rate increase and higher inflation on cost of living, said SingStat. Resident households living in one- and two-room Housing Board flats continued to receive the most money from the Government. In 2022, they received $12,189 per household member, on average, from government schemes, close to double the amount received by resident households living in HDB three-room flats. The Gini coefficient based on household income from work per household member – before government transfers and taxes – fell to 0.437 in 2022, from 0.444 in 2021. The Gini coefficient is a measure of income inequality. A Gini coefficient of zero occurs when there is total income equality, and a coefficient of one means there is total inequality. After adjusting for government transfers and taxes, the Gini coefficient in 2022 fell from 0.437 to 0.378. “This reflected the redistributive effect of government transfers and taxes,” said SingStat. Nonetheless, this is still slightly higher than the Gini coefficient of 0.375 in 2020, which was the lowest on record. The report, Key Household Income Trends, 2022, is available on SingStat’s website.

A National Environment Agency (NEA) official has raised the possibility that Singapore residents may in future be asked to "pay as you throw", as part of efforts to monitor and limit rubbish dumped by households. This could involve bin chutes that use radio frequency identification (RFID) technology to track how much waste any one household produces, he said at a major sustainability conference on Tuesday. "We are working on a trial to track the number of times a household opens a rubbish chute hatch, with each opening accepting only a fixed volume of waste," said Mr Cheang Kok Chung, director of the NEA's department for environmental protection policy and international relations. "(There is a) glaring lack of a 'pay as you throw' element in the (waste disposal) fee," Mr Cheang said, adding that Singapore's ubiquitous rubbish chutes made it very difficult to implement a "pay as you throw" system using prepaid waste bags. He was speaking at a presentation during the 2019 Sustainable Innovation Expo in Nairobi, Kenya. The Expo is being held on the sidelines of the fourth United Nations Environment Assembly meeting. Each HDB household currently pays $8.25 a month for waste regardless of the amount thrown away. With this new scheme, some might end up paying less. Said Mr Cheang: "Hopefully (the trial) works and the next time we can report that we are a bit closer to the 'user-pay principle' tax." If there are monitoring systems like RFID tags, people might be motivated to throw less rubbish indiscriminately, which would mean less rubbish landing up in Semakau, Singapore's only landfill. According to the latest figures, about 200,000 tonnes of solid waste and all incineration ash are sent to the landfill annually. At this rate, Semakau will be filled to the brim by 2035. It was envisaged earlier that the landfill, when it first opened in 1999, would last until 2046. Singapore currently has the technology to use RFID tags on bins. According to reports in 2016, recycling collection crews could scan RFID tags on recycling bins upon collection for recyclables to be tracked in a system. It is not impossible to implement such a project. The "pay as you throw" principle has worked in other countries. In South Korea, for example, households can buy designated bags to dispose of their trash, or take it to centralised RFID food waste and rubbish bins. There, the trash will be weighed and the household billed accordingly. The NEA told The Straits Times yesterday that there are currently no plans to introduce pay-as-you-throw RFID waste disposal systems in Singapore. "Building on lessons from past trials and other countries' experience, the National Environment Agency is constantly exploring ways to incentivise households to reduce the amount of waste disposed of," an NEA spokesman said. "There is no current plan to implement a pay-as-you-throw RFID waste disposal system," the spokesman added.

Eureka moment again... Let’s start from here, Ask her buy minced pork... come back with mee pok... I jitao peng san.. Must tell her chop chop pork...

Hi, Did anyone did the HES by Department of Statistic Singapore? They are a lot of detailed question and it's quite annoying and time consuming... It says "mandatory" to fill this survey but anyone skipped it before?

Great website to get insight into our Singapore situation. http://stats.mom.gov.sg/Pages/Home.aspx Not sure if they re tweak the stats to show unemployment as they consider those that takes more then 6 months to find job considered not looking for job.

Touchy topic, worth a discussion since most peeps tend to say "my car".

uh oh.... i/r going up anytime soon? High debt-GDP ratio could hurt in face of global slowdown Bylivia yap THE rapid rise in household debt here, coming amid the uncertainty of global financial markets, has been red-flagged. Kelvin Tay, the regional chief investment officer for the Southern Asia-Pacific for UBS Wealth Management, said the high household debt levels, coupled with high property prices, could make Singapore vulnerable to a rise in unemployment, a reduction in incomes and asset deflation if a slowdown in global economic markets happens. Singapore's household debt - total consumer loans of Domestic Banking Units - stood at 279 per cent of the total gross domestic product in the first quarter of this year, up from 177 per cent in the corresponding quarter in 2007. The 279 per cent figure is even higher than the 198 per cent recorded in the first quarter of 2009, after the 2008 financial crisis. Mr Tay said 80 per cent of household debt here is made up of mortgages, which, coupled with the climb in property prices since 2009, explains why household debt as a percentage of GDP shot up so sharply from 2007. He said: "With (household debt) at such significant levels, it will be difficult for the government or policy makers to stimulate demand to offset the sluggish exports we are currently experiencing." This has been worsened by panic selling of risk assets, such as US high yield and Asian local currency bonds, since the US Federal Reserve's indication last week that it might start tapering its bond-buying programme later this year. Mr Tay said a rise in US treasury yields usually leads to a rise in Singapore government bond yields. As the USD is a major component in the basket of currencies used to manage the SGD, interest rates here usually follow the trends of USD interest rates. "Given the sharp rise in credit growth over the last few years, I would not be surprised if an increase in interest rates is followed by deterioration in the loans portfolio of banks and other financial institutions; this would in turn lead to a tightening of credit supply and a higher cost of financing for credit in general." He still believes the Asian market will continue growing, despite the impending halt of liquidity from the Fed. He rejects the notion that this could lead to a repeat of the Asian financial crisis "because the circumstances of both the global economy and, more importantly, the Asian economies, are now very different from 1994". Mr Tay said the Asian economies, excluding Japan, have strong fundamentals, with total foreign exchange reserves comprising more than half the world's GDP (52 per cent), much higher than in 1994 (23.6 per cent). Corporate balance sheets are similarly healthy, and although the net debt-to-equity ratio increased to 26.1 per cent from 18.3 per cent after the Lehman Brothers' crisis in 2008, this is still well below the 41.8 per cent in 1994, when the Fed began to raise interest rates. Despite a relatively sharp rise in debt over the past few years, the gross debt-to-GDP ratio for Asian economies excluding Japan averaged 46.4 per cent, with GDP growth for this year and the next likely to average 6.3 per cent. This is well above the 3 per cent growth rate for the world. Mr Tay said: "In short, the Asian story not only remains intact, but is also more attractively valued than before. "Compared to the years just before the Asian financial crisis, Asia excluding Japan has significantly more FX reserves, lower net debt-to-equity levels and sovereign debt levels and healthy growth rates."

So I was thinking, what is a reasonable amount to spend on a car? Let's take as a percentage of household income to standardise. If a household combined monthly income is $10,000, annual income $120,000, and they buy a Honda Jazz with annual depreciation $10,000 (http://www.sgcarmart.com/new_cars/newcars_overview.php?CarCode=11531), it means they are spending 10/120 = 8% of their income on the car, excluding petrol etc. Do you think this is reasonable? How much would you spend on a car?

I read ST today and they said the top 10% of household, the average monthly income is $22k. The average annual income per household member of private property owners is $54k. The average of HDB 4 rooms and above is $21.8k. For smaller HDB flat owners, the number is even smaller. But the funny thing is, the national AVERAGE is $25k. Does this mean if you stay in HDB you are below average in income? interesting article actually.

Ok two days back my maid came running to me.............the fan had stopped turning again...........the last time I sprayed some WD40 and it lasted for 2 months............this time ran out of WD40...........so I put afew drops of my balance engine oil............and it started to turn as new.... and so.........idea came to my mind...........I poured some engine oil into a spray container given by NEA (my area now hotspot lor).....and went around spraying on metal joints at home.............better than using WD40..........smooth smooth.... so for those with balance engine oil .............don't throw away............use it as household lubricant and save the money buying WD40........ those who do servicing at WS.........take back the balance of the engine oil......................don't let them sell those balance oil to others.............you paid for the oil after all...............and save some money on that can of WD40........ hope this idea can help make full use of balance engine oil........ [laugh] this is the 30ml bottle from NEA which I use to contain my engine oil spray...........

http://www.singstat.gov.sg/statistics/brow...ance_sheet.html Population of 5.3 mil with ... 305B in cash & deposit and 14B in CPF ... Total mortgage liablity is 197B... Like that hdb very difficult to come down to realistic level..

if you have 4 adults in your household, congratulations you are a US$ millionaire household. Also average singaporean household only have little debt despite high COE and property prices. But i have a question, what is the definition of non financial asset? FROM BT THE average household wealth per adult here jumped 129 per cent from US$112,800 (S$138,654) in 2000 to US$258,117 in the middle of this year. Credit Suisse Research Institute, announcing the figures on Wednesday, said this made for an average increase of 7.1 per cent a year. In its latest annual Global Wealth Report 2012, it said Singapore's average wealth per adult puts the country as the third wealthiest nation in the Asia-Pacific, and eighth globally. Here, more than 80 per cent of the population have assets above US$10,000; 48 per cent have assets above US$100,000. Household total assets here are divided roughly equally into financial assets (48 per cent) and non-financial assets (52 per cent). The average household debt of US$45,600 is moderate for a high-income country, equating to 18 per cent of net wealth; the average is 20 to 30 per cent of wealth in advanced economies. As a nation, Singapore's total wealth shrank by US$25 billion or 2.5 per cent to US$1 trillion in the past year, mainly due to reduction in household financial assets measured in USD. Globally, aggregate global household wealth fell 5.2 per cent or by US$12.3 trillion in current dollar terms to US$223 trillion between mid-2011 and the middle of this year, due to the Eurozone debt crisis and the global economic slowdown. The report also noted that the Asia-Pacific overtook Europe as the world's largest wealth holding region in current dollar terms by the middle of this year, after Europe lost household wealth of US$10.9 trillion

Huat ah!!!!! http://business.asiaone.com/Business/News/...305-331708.html

Of course the more the merrier. But depending on one's situation, life stages and ability....realistically how much monthly pay is consider adequate for you to maintain a lifestyle acceptable and somewhat desired by you?

There have been lot of discussions in various threads on the car affordability in this high COE season. Based on my assumptions / calculations, Top 24 percentile household income (11,600$ monthly after CPF) may afford 200k car Top 30 percentile household income (10,300$ monthly after CPF) may afford 100k car (thanks to Salary.sg for arriving the percentile) My basis are quite generic and may vary from person to person. As a good rule, I have assumed 20% of the income as savings. Household Expenditure basis: House 1500, Children 2000, Utility 400, Food 1200, Transport 1700 or 3000, Misc 500, Income Tax 1000 Saving (20%)2000, Total 10300 or 11600 (depends on 100k or 200k car) Car Expenditure basis: Expenditure for 100k (200k) car: Car loan 1000 (2000), Road Tax 62 (150), Insurance 150 (250), Petrol 175 (250), Office parking 100 (100), Home parking 95 (95), Parking coupon 30 (30), Servicing 50 (100), Cashcard 50(50), Total 1712 (3025) If you want to be more specific, you can workout with your expenditure / savings pattern.

Wondering how many people here have ask your maid to wash your car everyday. I visited my parents and saw this maid washing car as per normal. I KPO and ask her, did your Sir pay you more? She answered no! Was wondering, is washing car maid's household?

10 years inflation = 17.35% Am I right to say, 90% of us (household) should be contented as our income grow faster than the inflation? Only 10% of the population (Resident household) is worse off and unfortunately, they are the lowest paid group. So, what is the govt and opposition's plan to help this group of resident? Maybe, additional 10% tax on those that is inside the top 10% group.

For a family of 4, living in a EA, no maids, 1 car. My wife is asking for nearly $8k this month. This would include bills, untilities, childrens pre-school fees, groceries. Other expenses like her hairdo, medical, and other adhoc items are excluded. Is it too much? Somehow I'm suspected I am contributing to the economic recovery through her spending :-(

My convection oven always trip the MCB when i switched it on, i guess some wiring got shorted somewhere inside. Any bro knows of any neighbourhood HDB type appliance repair shop where i can bring in to service? I called the authorized service centre leow, the charges are a bit high. .

Will this be an useful exercise or it's another 1 million down the drain? Your guess is as good as mine. http://www.straitstimes.com/Latest%2BNews/...ory_231712.html

From the poll i get yesterday, i noticed lot of bro here have saving of 100k at least. how do you make so much of money? any tips on increase the money.

have fun with the results thanks