Middle income working professionals couple, 46 & 48 yo. Makes about $270k pa in total. Spends $170k pa and saves $100k pa. We bought a new condo two years ago at an affordable price of $2m. We drive a simple 2L European car. We have 3 kids. We employ a maid to take care of our household chores. Life is simple. We only go for holidays once a year in the Dec period, spends about $20k per trip.
We are happy and contented as a middle income Singaporean family. Life is good in Singapore if you study and work hard. We came from low income families and now we have upgraded to be a middle income family.
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