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admin 05-03-2013 11:05 PM

Compare your household income
 
Just enter your combined monthly income at:

Benchmark Your Household Income 2013 | Salary.sg - Your Salary in Singapore

lazyplane 09-03-2013 08:08 AM

Quote:

Originally Posted by admin (Post 33902)

how does one calculate household income ?

just add all working members salaries in one family ?

i feel this is a poor indicator as it seems very easily distorted. based on average monthly income of 35k for private properties less montly expenses say half u get around 12k cash after cpf deduction. assume u dump everything to property, i think it still takes 15 yrs to get a simple landed property.

dont think that is reflective of the state of landed property owners in sg

Unregistered 09-03-2013 01:36 PM

Quote:

Originally Posted by lazyplane (Post 34046)
how does one calculate household income ?

just add all working members salaries in one family ?

i feel this is a poor indicator as it seems very easily distorted. based on average monthly income of 35k for private properties less montly expenses say half u get around 12k cash after cpf deduction. assume u dump everything to property, i think it still takes 15 yrs to get a simple landed property.

dont think that is reflective of the state of landed property owners in sg

Quite correct. My income is only 16K and wife not working but at age 36 we own a $2.6M landed and debt free due to gains from earlier stock and property investments.

Unregistered 09-03-2013 02:01 PM

Quote:

Originally Posted by Unregistered (Post 34051)
Quite correct. My income is only 16K and wife not working but at age 36 we own a $2.6M landed and debt free due to gains from earlier stock and property investments.

Maybe you aren't the average.

Unregistered 11-03-2013 09:56 AM

All these governement numbers all very undervalue one. They are purposely making the number look so low that most PMET will feel very good about themselves and not cause trouble politcally.

lazyplane 11-03-2013 09:51 PM

Quote:

Originally Posted by Unregistered (Post 34101)
All these governement numbers all very undervalue one. They are purposely making the number look so low that most PMET will feel very good about themselves and not cause trouble politcally.

Prove it. Also tell me which numbers from where u believe then.


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