Typical salary increment

Then i must be very lucky to be around during the Boom period. Wow. Yeah!!

Originally Posted by cslee

I think you're not in service long enough to affirm as gospel truth. It's true that the percentage looks impressive esp for young officers joined in recent years. This is provided no recession and crisis for the next 8 straight years. Do you know that Civil service ever experience pay freeze and even pay cut before? There was also a very long period of time (ard 2001 - 2007) that the service experience zero market adjustment.

[cslee]

Originally Posted by Unregistered

Then i must be very lucky to be around during the Boom period. Wow. Yeah!!

I'm not sure if u're consider lucky batch. During my time (2003), fresh grads started from low $2K - $2.8K. But I got 5-rm only at $180K+. Now valuation at least $580-620K.

Now start pay at $3K+. Last I heard from my young colleagues that price is already more than doubled to $380K+ for new 5-rm flat. Not sure if you can experience the same 3x rise in your property value.

haha...whatever lah.
U just feel happy to slap people with negative stuff. As long as u are happy dude...

Originally Posted by cslee

I'm not sure if u're consider lucky batch. During my time (2003), fresh grads started from low $2K - $2.8K. But I got 5-rm only at $180K+. Now valuation at least $580-620K.

Now start pay at $3K+. Last I heard from my young colleagues that price is already more than doubled to $380K+ for new 5-rm flat. Not sure if you can experience the same 3x rise in your property value.

[cslee]

Originally Posted by cslee

I'm not sure if u're consider lucky batch. During my time (2003), fresh grads started from low $2K - $2.8K. But I got 5-rm only at $180K+. Now valuation at least $580-620K.

Now start pay at $3K+. Last I heard from my young colleagues that price is already more than doubled to $380K+ for new 5-rm flat. Not sure if you can experience the same 3x rise in your property value.

Furthermore, I heard $380K+ is in not so good location, My flat is just 10min walk to MRT.

So the luckiest person live in 1970s and 1980s....haaha

Originally Posted by cslee

I'm not sure if u're consider lucky batch. During my time (2003), fresh grads started from low $2K - $2.8K. But I got 5-rm only at $180K+. Now valuation at least $580-620K.

Now start pay at $3K+. Last I heard from my young colleagues that price is already more than doubled to $380K+ for new 5-rm flat. Not sure if you can experience the same 3x rise in your property value.

this is a salary forum...No one is discussing your house and its location.

Originally Posted by cslee

Furthermore, I heard $380K+ is in not so good location, My flat is just 10min walk to MRT.

[cslee]

Originally Posted by Unregistered

Then i must be very lucky to be around during the Boom period. Wow. Yeah!!

If that's still not enough, after working for ~5 yrs, our 2nd child came along. By then, we've saved enough to afford our 1st brand new family 1.6L sedan at $50K+ (which I'm still driving now). We paid in full and still have a healthy 5-figure balance in bank. Not sure if you still can do the same for your batch.

Originally Posted by cslee

If that's still not enough, after working for ~5 yrs, our 2nd child came along. By then, we've saved enough to afford our 1st brand new family 1.6L sedan at $50K+ (which I'm still driving now). We paid in full and still have a healthy 5-figure balance in bank. Not sure if you still can do the same for your batch.

I grad in Jun 2004 and started working in Jan 2005, starting pay as a fresh grad was just 2K. I bought a 4-room flat in 2006 and it cost $320k but it is now worth around $750k since the location is v good at redhill and just opposite the MRT. We bought a 1.8 honda in 2008 for only $70K which we are still driving now and it costs $140K to buy one now hahahahaha what a joke. Oh and we have 3 kids.

Oh My God....u are better off than CSLee.

But wait. CSLee has one final triumph card. His degree is not sub-standard but yet he could work in the civil service. Can you beat that?

Originally Posted by Unregistered

I grad in Jun 2004 and started working in Jan 2005, starting pay as a fresh grad was just 2K. I bought a 4-room flat in 2006 and it cost $320k but it is now worth around $750k since the location is v good at redhill and just opposite the MRT. We bought a 1.8 honda in 2008 for only $70K which we are still driving now and it costs $140K to buy one now hahahahaha what a joke. Oh and we have 3 kids.

U really have the commoner's mentality....haha.

Can't achieve much in life but try to show off in the forum. haha

Originally Posted by cslee

If that's still not enough, after working for ~5 yrs, our 2nd child came along. By then, we've saved enough to afford our 1st brand new family 1.6L sedan at $50K+ (which I'm still driving now). We paid in full and still have a healthy 5-figure balance in bank. Not sure if you still can do the same for your batch.