PDA

View Full Version : Migrating to Singapore. Good or Bad?



n6688my
09-11-2005, 11:48 PM
I'm Malaysian but thinking of migrating to Singapore. Good idea or Bad idea? :o

keith
10-11-2005, 09:46 AM
I'm Malaysian but thinking of migrating to Singapore. Good idea or Bad idea? :o
Housing and cars are very expensive in Singapore. Unless you have already worked several years there and have a PR, and have been contributing to CPF, buying an HDB flat from the HDB directly is almost impossible. (regulations there make it only citizen (or the spouse being a citizen) can buy directly from HDB, which enjoy hefty discount and low interest rate). HDB flats on the secondary market can easily 1.5 times more expensive.

Working there a few years for the money is another story, though. You can migrate to Australia after accumulating enough funds.

Ski
10-11-2005, 09:48 AM
A very good idea if you intend to invest your money in Malaysia

penangkia
10-11-2005, 10:16 AM
What exactly do you mean by migrating to Singapore...getting a PR or actually getting a Sing citizenship? If you have any kids, please note that you boys have to do NS even if you are only a PR..applys to Malaysians PR only...don't know if they have change the rules.
Actually, going to work and live in Singapore is like going from Penang to KL. There are some minor differences but not much..food, language,culture etc. are generally similar...settling down and making friends there are not at all difficult...but that also depends on yourself.
If you are now taking off in your career and have a good offer in Sing, it a fantastic idea to go there to earn and to improve yourself.

I worked there fulltime for 3 tears and throughly enjoyed it not to mention making more $$$ and making good Singaporean friends.
Flying home from Changi to KLIA is faster than driving fron USJ to KLCC
so no problem about missing home. :p
Go man, if you have a good deal, your experience in Sing may propel you to greater heights in Hong Kong and China. That happened to me.

EdRoZeN
10-11-2005, 11:27 AM
Housing and cars are very expensive in Singapore. Unless you have already worked several years there and have a PR, and have been contributing to CPF, buying an HDB flat from the HDB directly is almost impossible. (regulations there make it only citizen (or the spouse being a citizen) can buy directly from HDB, which enjoy hefty discount and low interest rate). HDB flats on the secondary market can easily 1.5 times more expensive.

Working there a few years for the money is another story, though. You can migrate to Australia after accumulating enough funds.

What Keith said is very true. I heard from a Malaysian friend that RM$200,000 you can buy a huge terrace housing for yourself. RM$200,000 in S$ is less than $100,000. And over at Singapore, Apartment Flats(HDB Flats) can cost $200,000 and above. And speak about petrol prices 3 times around Malaysia's price. A cup of Teh Tarik cost you S$0.60. Prices are totally different, perhaps only except for electronics.

So unless you can guarantee you have a very HIGH-INCOME job in SG, I suggest you don't head over. ;)

fatalshak
10-11-2005, 11:49 AM
Depends on the purpose really.

penangkia
10-11-2005, 03:15 PM
[QUOTE=EdRoZeN]What Keith said is very true. I heard from a Malaysian friend that RM$200,000 you can buy a huge terrace housing for yourself.

Mr. EdRozen,

Which kampong is your friend refering to that RM200k can buy a big terrace house?

CCY
10-11-2005, 03:31 PM
[QUOTE=EdRoZeN]What Keith said is very true. I heard from a Malaysian friend that RM$200,000 you can buy a huge terrace housing for yourself.

Mr. EdRozen,

Which kampong is your friend refering to that RM200k can buy a big terrace house?

Must be kampong USJ he's refering to....:D:D
If not, 200k will get a bungalow if it's 50km out of KL....

keith
10-11-2005, 03:34 PM
What Keith said is very true. I heard from a Malaysian friend that RM$200,000 you can buy a huge terrace housing for yourself. RM$200,000 in S$ is less than $100,000. And over at Singapore, Apartment Flats(HDB Flats) can cost $200,000 and above. And speak about petrol prices 3 times around Malaysia's price. A cup of Teh Tarik cost you S$0.60. Prices are totally different, perhaps only except for electronics.

So unless you can guarantee you have a very HIGH-INCOME job in SG, I suggest you don't head over. ;)
I have spent 10 years in SG but I am now back in KL.

I don't think we can compare $1.00 to RM2.20 solely based on exchange rate, as the living costs are different -- it's closer to S$1.00 to RM1.00 based on living costs. Certain things are expensive in SG, while certain other things are expensive in MY. For instance, cars ownership (with COE), petrol, accommodation is expensive in Singapore but not imported goods. Makan is slightly more expensive in MY as compared to SG on a one-to-one comparison. On the other hand, wages on a one-to-one basis (not converting due to living costs basis comparison) is also slightly higher in MY (especially in engineering and IT field).

So, at the end of the day, it depends on one's goal. No offence intended, but I don't think SG is a good place to retire, but a good place to earn money, provided you do really try hard to save, and got very high monthly pay.


EdRoZeN,

By the way, you can't get a double storey house in KL for less than RM300k nowadays. A double storey house at Jln Terasek, Bangsar can go up to RM680k! For RM200k, maybe far far outskirt areas > 100km away from KL. Heard that double storey houses even in small town like Segamat is already breaching RM200k.

Just my 2 sens.... :)

newbies
10-11-2005, 04:24 PM
I'm Malaysian but thinking of migrating to Singapore. Good idea or Bad idea? :o

no need to think so hard, everyone knows the answer one................BAD :D

Ski
10-11-2005, 04:27 PM
I'm Malaysian but thinking of migrating to Singapore. Good idea or Bad idea? :o
He just wanted a simple answer.

Good idea.

cosmic dust
10-11-2005, 04:47 PM
If the offer is less than Sing$7K - bad bad idea!

$8k - $2k (CPF) - $1K income tax - $1.5K (car instalment) - $2 K (apartment rental) or - $2K (if you buy a HDB flat with CPF subsidy) = $500 for your one week's ration of food, petrol, road tax... as for the other 3 weeks hope something happens..

Of course, if they offer Sing$12k, go for it..

Moreover, after a few years, you will slowly exhibit some form of kiasurism, this trait can only be detected by true Malaysian. Their own countrymen(women) will not feel this important invisible force.

blues
10-11-2005, 05:17 PM
Working there a few years for the money is another story, though. You can migrate to Australia after accumulating enough funds.

good idea mate,after that migrate to US or Canada and at the end dont come back to Bolehland....!

EdRoZeN
10-11-2005, 06:02 PM
I have spent 10 years in SG but I am now back in KL.

I don't think we can compare $1.00 to RM2.20 solely based on exchange rate, as the living costs are different -- it's closer to S$1.00 to RM1.00 based on living costs. Certain things are expensive in SG, while certain other things are expensive in MY. For instance, cars ownership (with COE), petrol, accommodation is expensive in Singapore but not imported goods. Makan is slightly more expensive in MY as compared to SG on a one-to-one comparison. On the other hand, wages on a one-to-one basis (not converting due to living costs basis comparison) is also slightly higher in MY (especially in engineering and IT field).

So, at the end of the day, it depends on one's goal. No offence intended, but I don't think SG is a good place to retire, but a good place to earn money, provided you do really try hard to save, and got very high monthly pay.


EdRoZeN,

By the way, you can't get a double storey house in KL for less than RM300k nowadays. A double storey house at Jln Terasek, Bangsar can go up to RM680k! For RM200k, maybe far far outskirt areas > 100km away from KL. Heard that double storey houses even in small town like Segamat is already breaching RM200k.

Just my 2 sens.... :)

Yes, Keith, and my friend who told me about the RM$200,000 thing, he lives in Johor. LOL :D:D:D:D:D:D:D:D

EdRoZeN
10-11-2005, 06:07 PM
If the offer is less than Sing$7K - bad bad idea!

$8k - $2k (CPF) - $1K income tax - $1.5K (car instalment) - $2 K (apartment rental) or - $2K (if you buy a HDB flat with CPF subsidy) = $500 for your one week's ration of food, petrol, road tax... as for the other 3 weeks hope something happens..

Of course, if they offer Sing$12k, go for it..

Moreover, after a few years, you will slowly exhibit some form of kiasurism, this trait can only be detected by true Malaysian. Their own countrymen(women) will not feel this important invisible force.


Cosmic dust, no offense, but i have to correct you.

CPF takes 6-8% of your gross income. Not the 20% you just mentioned.
(20% will cause SGreans to swim over to another country :D)

Income Tax is a annual basis, which you can't hide.

Car instalment depends on how many years are you going to drag the payment. 5 years? 7 years? the longer, the more expensive.
(and why buy alfa romeo when theres toyato :p, afterall, you are migrating:D)

S$2000 for flat is absurd(not unless you want to live like a king, then you borrow the whole flat for it:D:D:D).

Yeah thats about all. :D

penangkia
10-11-2005, 06:29 PM
Yes, Keith, and my friend who told me about the RM$200,000 thing, he lives in Johor. LOL :D:D:D:D:D:D:D:D

Your friend must live in some fishing kampong in the state of johor. 200K
cannot get you a reasonable house in JB let alone a "huge terrace house".

EdRoZeN
10-11-2005, 06:34 PM
Your friend must live in some fishing kampong in the state of johor. 200K
cannot get you a reasonable house in JB let alone a "huge terrace house".

What to do when you heard it from someone that understands better?

jericho
10-11-2005, 06:36 PM
Cosmic dust, no offense, but i have to correct you.

CPF takes 6-8% of your gross income. Not the 20% you just mentioned.
(20% will cause SGreans to swim over to another country :D)


:eek: :confused:

http://www.cpf.gov.sg/cpf_info/Benefits/Retire/take-charge.asp#N1b

Dude ..... It is 20%

So expect loads of S'porean at the Johor's beaches ?? :p

EdRoZeN
10-11-2005, 06:46 PM
My bad, my bad. It mixed it all up with Medisave Scheme. Medisave Scheme takes 6-8%. Thanks for the correction. :D

SGreans no doubt will swim over, if there is no 3/4 tank limit on their fuel tank:D:D:D:D

jericho
10-11-2005, 08:52 PM
My bad, my bad. It mixed it all up with Medisave Scheme. Medisave Scheme takes 6-8%. Thanks for the correction. :D

SGreans no doubt will swim over, if there is no 3/4 tank limit on their fuel tank:D:D:D:D

fly over when the bridge is down http://us.i1.yimg.com/us.yimg.com/i/mesg/emoticons7/13.gif

fRaNkY
11-11-2005, 10:30 AM
Hahaha migrate to the land of Kiasu? gawd!

Wonder why so many singaporean are buying properties in JB? Buying all the grocery in JB ? Eating all the seafood in JB and filling the petrol in JB.

Went there last week, one bottle of mineral water (local) at 7-11 is S$1.30
I was drinking like one bottle every hour while shooting there for 6 hours!

EdRoZeN
11-11-2005, 09:52 PM
Hahaha migrate to the land of Kiasu? gawd!

Wonder why so many singaporean are buying properties in JB? Buying all the grocery in JB ? Eating all the seafood in JB and filling the petrol in JB.

Went there last week, one bottle of mineral water (local) at 7-11 is S$1.30
I was drinking like one bottle every hour while shooting there for 6 hours!

I have to tell you that, those mineral water bottles at 7-11 contains gold.

NO SGREANS WILL BUY FROM THERE UNLESS DESPERATE.

You could have gotten a 500ml for $0.50(cheapest), or 1.5L $1.00(cheapest) at the nearby mama shop. :D

kevin23
07-12-2005, 12:22 AM
hell yeah,migrate there if ur going for the money,money,money!
for the chicks ,oso ok!

Razzd
07-12-2005, 01:25 AM
Please do not use the equation of SGD 1 = MYR 2.20. It is as mentioned, 1 to 1 when it comes to spending and living in S'pore.

Other than electronic/shopping/branded goods, houses and cars (certain models only, mind you; luxury cars are FAR more expensive in M'sia than S'pore) cost more down South.

cactuc1
07-12-2005, 01:56 AM
No wonder , my frens laught at me in shock, when i said if condition desperate i will migrate to SG..i cited stablity , good management and government...I guess must be VERY DESPERATE to do that...

idolfan
07-12-2005, 12:44 PM
One thing on which there was general agreement: integration is moving too slowly. Nearly half of those polled thought so, with a third saying the pace was just right. Just 2.6% felt things were moving too fast.

“The results are an eye-opener,” former Asean secretary-general Rodolfo Severino said.

“The people are clearly ahead of the government. While leaders and officials are still debating the Asean identity issue, people to people links have grown strong over the years.

“We need to look at the findings closely. There is much you can do when there is this kind of consciousness about the region.”

The findings point to a willingness by the people to accept a closer integration of their economies and societies, which some of Asean’s leaders have been calling for.

Asean cooperation is also a theme that is likely to feature in talks among leaders, as officials and commentators meet for the inaugural East Asia Summit in Kuala Lumpur beginning next week.

Ironically, the survey found Singaporeans to be laggards when it comes to willingness to integrate.

Ever the pragmatists, Singaporeans were more sceptical about Asean integration than their counterparts in the region.

Six in 10 Singaporeans – the highest of all members – felt that Asean countries did not identify with each other.

Seven in 10 Singaporeans were against the idea of a common currency for Asean members.

Only 21% were willing to invest in another Asean country.

“The difference in results is not very surprising,” said Dr Leo Suryadinata, a senior research fellow at the Institute of Southeast Asian Studies.

“The republic is a very urban city-state, most-developed and ahead of everybody in the region. So you can expect the views of people here to be different.”

The Straits Times-initiated Asiapoll was conducted together with five members of the Asia News Network, a grouping of Asia’s 14 leading newspapers.

Malaysia’s leading daily The Star, Singapore's The Straits Times, Thailand’s The Nation, The Jakarta Post, Philippine Daily Inquirer and Vietnam News participated in the poll.

Poll results also pointed to areas where there was room for greater cooperation across the region.

While 48% said they would be willing to invest in another Asean country, just 11% said they had actually done so.

Property and shares were the two preferred areas of investments among Asean neighbours.

When asked where they would chose to live or work if they could do so abroad, most of those polled cited Europe as their top choice, followed by another Asean country, or the United States.

Among Asean countries, Thailand was the top destination for a visit, followed by Singapore.

Summing up the findings, Suryadinata said: “It is time people in Asean realised that there will be economic benefits as well as political and security ones, if the region is integrated, it will be more stable and allow Asean to compete with another region.

“On its own, it will be difficult for the region to face globalisation.” – The Straits Times/ Asia News Network


The ANN Asiapoll
Asean identity: common bond
1) Do people in Asean identify with one another?
Yes:60.3
No:35.
No Response:4.2

2) Is the pace of Asean integration
Too Slow: 45.4
Too Fast: 2.6
Just Right: 36.5
Makes No Difference: 15.5

3) Do you plan to visit another Asean country in the next six months?
Yes: 43.4
No: 52.6
No Response: 4

4) Would you prefer to work in a non-Asean country?
YES: 69.5%
NO: 30.5%

5) Would you enourage your children to study in an Asean country?*
Yes: 57.2
No: 42.8
*(Results from Singapore not included)

6) Do you have investments in another Asean country?
YES: 11.8
NO: 88.2

7)Would you be willing to invest in another Asean country?
Yes: 48.8
No: 51.2

8) Should Asean have a common currency?
Yes: 45.1
No: 37.9
Not Sure: 17

Poll period: October-November '05
Sample Size: 1,147


http://thestar.com.my/news/story.asp?file=/2005/12/7/nation/12776700&sec=nation


my feeling.. asean countries including s'pore and malaysia need realize that sandwiched between India and China, we need to increase cooperation in order to survive.

layman
07-12-2005, 04:12 PM
i think we are barking up the wrong tree

the living expenses may be expensive for a SALARYMAN in malaysia but definitely not for singaporeans

sing's GDP is a whooping 30000US compared with ours of 7000 us -4x our GDP or put it crudely they earn 4x more for the same job!!!

the situation is not unsimilar to Hk .HKers in general and the lower wage earners in particular do their R&R in shenzhen.singaporeans have JB as their backyard and playground

buying a property in JB is considerably cheaper than land scarced singapore and to live in a landed property in singapore will be beyond the financial means of most of singaporeans .JB is just a nice litttle enclave for them to engage in their fantasies

the indisputable fact is sing is a 1st world country sandwiched between 2 third world economies.its the only shining beacon in the entire region -corruption free rule of the law prevails etc

we should try to emulate her instead of castigating this extremely successful nation

CS Chua
07-12-2005, 05:36 PM
But why Singapore and not Australia? Perth is not too far away if you are worried about the distance. I will take Australia anytime over Singapore.

tupai
07-12-2005, 05:53 PM
thailand thailand :D

CS Chua
07-12-2005, 06:09 PM
Agree, agree. I enjoy living and working here in Thailand. You can buy a small bungalow for RM100,000, have a "chap fun" meal for RM1.50 and drive a huge Toyota Hilux for less than RM60K. Life is good here.

penangkia
07-12-2005, 06:13 PM
But why Singapore and not Australia? Perth is not too far away if you are worried about the distance. I will take Australia anytime over Singapore.

You can't crawl in and out like you do Malaysia/Singapore. But agree with you, Perth is a good choice if thinking of "greener grass" ;)

tupai
07-12-2005, 06:22 PM
Agree, agree. I enjoy living and working here in Thailand. You can buy a small bungalow for RM100,000, have a "chap fun" meal for RM1.50 and drive a huge Toyota Hilux for less than RM60K. Life is good here.
WHy buy when rent for a small (thatched &wooden type)bungalow up amgst the misty hills or by the blue skies crystal sea, beachfront at only RM300-500 per month? X 12 mths = 3600/6000 X 10yrs = 36,000/60,000 or 20yrs 72,000/120,000...
also must remember that foreigner have many many red tapes to cut/crossed/go under/jump over when purchasing property in the land of smiles...better if u have a trustworthy thai relative or u marry one :D

And CSS, also ah
massage - 200baht 2 hours
tomyam koong (velly flesh one oh :D - 60-90baht big bowl many plawns one
househelp - baht 1500/month. Maybe 'cheaper' but 'riskier' if marry one :p
beer - baht35-50 bottle of Singha (hic!)

A few of us here can be a 'Mai-Pen-Rai' consultant...sawadeekup


Yang Akan Berumah diThailand lato tupai

PeterHng
07-12-2005, 06:39 PM
I'd choose Perth anytime over S'pore. Been there once but came out with a very good impression. Stayed at The Vines (outside Perth) & played couple rounds of golf.... Very satisfying with its wine as well.... :D

GreenBug
07-12-2005, 11:49 PM
What a subject! What a timing! Yours truly being asked (read : forced) to work in Singapore ASAP.

Now posting from Singapore.... tomorrow negotiation time! Tax 23% (you pay), CPF 20% (Employer 13%) (Both pay), Petrol Allowance - 4 times of Brunei (you pay), Housing - 3 times of Brunei (you pay) :D all details going thru my head now..... Honda Accord 3.0V6 vTec to 2.4 vTec can accept!

No? Keep the job, I like Brunei. I'm also my own Sultan there, okay? :D

On a more serious note, Singapore is a good place to work and get lots of good experience and make lots of money, but for just a few years, perhaps 4-5 years is a good length of time. I have worked there once from 1990-1994 for an international bakery as Marketing Manager. This time, it would be as Sales Director for a beverage company. Frankly, if I do go, this time is more for the money.... and early retirement! :cool:

lonewolf8
08-12-2005, 01:52 PM
Agree, agree. I enjoy living and working here in Thailand. You can buy a small bungalow for RM100,000, have a "chap fun" meal for RM1.50 and drive a huge Toyota Hilux for less than RM60K. Life is good here.

I think there is a law imposed on foreigner who married a Thai as a wife and is planning to buy property in Thailand. The property must be registered under his Thai wife name.

gtl
08-12-2005, 02:14 PM
I think there is a law imposed on foreigner who married a Thai as a wife and is planning to buy property in Thailand. The property must be registered under his Thai wife name.

lonewolf8, very true.......

tupai
08-12-2005, 06:01 PM
lonewolf8, very true.......

they tweaked it slightly...now the law requires the farang husband to consent to the sale of the transferred property (even after divorce...)

WHY? too many farang husbands died/disappeared under suspicious circumstances...esp those who old foggies, who married young thai puyings...(maybe heart attacks?) So if the farang husband is like 'missing' but not yet 'dead' (from heart attack :p ...the property could be very diffiuclt to dispose off....

sabai sabai.

Yang Akan Berlajar bahasa Thai lato tupai

JackRyan1975
08-12-2005, 06:04 PM
What a subject! What a timing! Yours truly being asked (read : forced) to work in Singapore ASAP.

Now posting from Singapore.... tomorrow negotiation time! Tax 23% (you pay), CPF 20% (Employer 13%) (Both pay), Petrol Allowance - 4 times of Brunei (you pay), Housing - 3 times of Brunei (you pay) :D all details going thru my head now..... Honda Accord 3.0V6 vTec to 2.4 vTec can accept!

No? Keep the job, I like Brunei. I'm also my own Sultan there, okay? :D

On a more serious note, Singapore is a good place to work and get lots of good experience and make lots of money, but for just a few years, perhaps 4-5 years is a good length of time. I have worked there once from 1990-1994 for an international bakery as Marketing Manager. This time, it would be as Sales Director for a beverage company. Frankly, if I do go, this time is more for the money.... and early retirement! :cool:

Hi there Greenbug, gotta say I'm very impressed by your versatility when it comes to work locations. But care to clarify: you got a new offer from another company or you're still with your present one? Let's hope the Sin work culture would be much better than here.