Quote:
Originally Posted by Unregistered
It is interesting to note that we are so close by to M' sia and yet many are not taking advantage of this closeness and much lower cost of living over there.
At the current exchange rate of S$1 to RM2.5, many S'poreans will be millionaires in M' sia and living comfortable (make that luxurious)lives.
Our combined income of $420k pa in S'porean translates to RM1.1M pa! Big ticket items like houses and cars are so much cheaper there. Food prices too. But here, we are really struggling to save enough for retirement. |
Most Chinese and Indian Singaporeans would be quite reluctant to live anywhere in Malaysia, while many Malaysian Chinese just dream of living in Singapore. Without talking about the 2nd class citizen issue, safety, security and convenience are more important to Singaporeans than having a big house or big car. A luxurious life is about the quality of life rather than the things you own. Besides, only Proton and other Malaysian cars are cheap. Luxury cars still garner the 300% luxury tax.