Q: Big4 - Yearly salary increment

Originally Posted by Unregistered

Nothing will reduce the cost of living in Singapore.

That's not how COL works at all. It doesn't matter if any of the things you listed change or didn't change. Prices will always go up, that's how it has been for the last 4-5 decades and how it's been for every 1st world country in the world.

It's literally one of the reasons why people say don't just save up cash, invest in stuffs etc because your 100k savings today will have it's spending powers reduced 10 years from now.

100k today isn't the same as 100k in 1980s, likewise it won't be the same in 2030, 2040, etc.

Bro you are partially wrong

There will be adjustment in terms of demand driven inflation

If you dont believe me you can read Tan Kin Lian’s facebook posting

“ Singapore has become too expensive in our cost of housing, cost of living and cost of doing business. We find it difficult to attract foreign investors to set up manufacturing in Singapore and provide good paying jobs.

Our local businesses find it difficult to export our products overseas as our business cost is too high.

The economic integration with Johor will help to reduce our housing cost, cost of doing business and cost of living.

The manufacturing operations in Singapore can reduce its costs by moving some operations to Johor.

Some workers from Singapore will live and we work in Johor and enjoy the lower cost of living. Although they may receive lower earnings, they may enjoy a better quality of life.

Overall, there will be more jobs for Singaporeans and Johoreans, as the special economic zone (SEZ) is likely to attract more foreign investments.

The prices of properties in Singapore will drop, as there will be more supply of properties in Johor and travel between the two territories becomes more convenient with shorter travel time and a smoother flow of people. ”

Its peak period but I go home 6 everyday

Originally Posted by EDMWer

Bro you are partially wrong

There will be adjustment in terms of demand driven inflation

If you dont believe me you can read Tan Kin Lian’s facebook posting

“ Singapore has become too expensive in our cost of housing, cost of living and cost of doing business. We find it difficult to attract foreign investors to set up manufacturing in Singapore and provide good paying jobs.

Our local businesses find it difficult to export our products overseas as our business cost is too high.

The economic integration with Johor will help to reduce our housing cost, cost of doing business and cost of living.

The manufacturing operations in Singapore can reduce its costs by moving some operations to Johor.

Some workers from Singapore will live and we work in Johor and enjoy the lower cost of living. Although they may receive lower earnings, they may enjoy a better quality of life.

Overall, there will be more jobs for Singaporeans and Johoreans, as the special economic zone (SEZ) is likely to attract more foreign investments.

The prices of properties in Singapore will drop, as there will be more supply of properties in Johor and travel between the two territories becomes more convenient with shorter travel time and a smoother flow of people. ”

What exactly do we export? I'm genuinely curious. Singapore's economy is solely based on investments, high immigration and maritime labor as far as I remember.

We have 0 tech innovation which btw is the largest economy driving factor, no cars to export which is the top 5 largest economy factor, no tourism, etc... Literally no clue what do we export at all.

Don't get me wrong, I agree with your stance but if you think that Singaporeans will benefit 5-10 years from now, you're dead wrong. NS obligations won't change, Singaporeans will get priced out of houses, birth rate dips even further, citizens get replaced by rich immigrants who are willing to pay high GST, taxes, COE, etc.

Property prices will never fall, this isn't a bubble. Lots of CCP billionaire freaks are buying up houses in SG. Every year you'll see some rich SEA tycoon buying up GCBs or rich Chinese buying 10-20 condo units.

Originally Posted by Unregistered

Its peak period but I go home 6 everyday

11pm here

when will this nightmare end? why people tell me big 4 stable job good job?

lyinng fkers

Originally Posted by Unregistered

Nothing will reduce the cost of living in Singapore.

That's not how COL works at all. It doesn't matter if any of the things you listed change or didn't change. Prices will always go up, that's how it has been for the last 4-5 decades and how it's been for every 1st world country in the world.

It's literally one of the reasons why people say don't just save up cash, invest in stuffs etc because your 100k savings today will have it's spending powers reduced 10 years from now.

100k today isn't the same as 100k in 1980s, likewise it won't be the same in 2030, 2040, etc.

Ayam penyet that i always ate.

Last month : 7.50
Now : 8.90

When gst hike 1%
Coffee shop raise 20cent in the drinks

High COLs will remain, coz business owners are greedy too!

Originally Posted by Unregistered

Ayam penyet that i always ate.

Last month : 7.50
Now : 8.90

When gst hike 1%
Coffee shop raise 20cent in the drinks

High COLs will remain, coz business owners are greedy too!

We should not support these kind of profiteering.

I think that once demand & sales drops, their shop will close down asap and will be replaced by a more competitive stall. People will always go for cheaper alternatives if they are cost driven. Its also not ethical as coffeeshop target market is usually those low income groups

Once i kana this i will ask the hawker/cashier to provide product costing (variable costing) spreadsheet for me to review in order to justify cost increase

Wa lao $1.40 increase for AP & if i topup abit can buy iced coffee for $1.80 already.

Office rental expenses will definitely go down as a result of JB-SG SEZ.
As for coffeeshop rental, as foreign population decreases, there will be lower profit margin for those in F&B, thus i expect a spillover effect on food prices

Originally Posted by Unregistered

Ayam penyet that i always ate.

Last month : 7.50
Now : 8.90

When gst hike 1%
Coffee shop raise 20cent in the drinks

High COLs will remain, coz business owners are greedy too!

Like what TKL said

Singaporeans will enjoy the benefits of living in Malaysia while living in Singapore

While Malaysians will enjoy the benefits of living in Singapore while in Malaysia

Originally Posted by EDMWer

Like what TKL said

Singaporeans will enjoy the benefits of living in Malaysia while living in Singapore

While Malaysians will enjoy the benefits of living in Singapore while in Malaysia

why would malaysians enjoy benefits of living in sg when they can work in sg, get strong currency and 3x spending power in malaysia

makes no sense

Originally Posted by Unregistered

why would malaysians enjoy benefits of living in sg when they can work in sg, get strong currency and 3x spending power in malaysia

makes no sense

There are some target market who will want to enjoy a short commute and see family daily.

The target market includes those audit firm partners who currently reside in JB - you can refer to recent ISCA x MIA social media updates

some dont like the pressure cooker environment in Singapore

singapore accounting work culture tend to be quite toxic due to high performance pressure also.

For accounting roles in SG, its a 24/7 role. Still have to work weekends.

I remember 1 bro here said his superior throw laptop at him due to mistake made at work

in MY, luckily laptop very expensive so wont kana abused like that.

In Sg, your attire, body language, communication , deadline is monitored by your superior
Say one thing wrong and you can get blacklisted for rest of your employment.

Some SG workplaces even install many CCTVs to monitor office staff

Malaysia has an easy going mood. There is more focus on PR & office welfare since people there do not have to compete competitively as we do.

For example in SG, we never get to see audit client. In Malaysia, im quite sure they get to meet their audit client.