Agree and disagree.

Agree: Singapore isn't known for paying good money to software / engineering professionals

Disagree: different story if they work in finance industry - yes, as we all know ... software engineers in finance make more than similar engineers in other industries, BUT still a pittance compared to the bankers.

kg21, software engineers GENERALLY are low in the pecking order in Singapore companies, only meant to execute the decisions of the business "managers".

Having said that, there are a number of US software/systems companies that have operations here, like Oracle, IBM, PayPal... if you can get them to transfer you to Singapore, things might not be too bad. But please note, the operations here are mostly SUPPORT (not development).