Relocating to Singapore, is 8000SGD per month reasonable? - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Relocating to Singapore, is 8000SGD per month reasonable?

 Citibank Cash Back Card - up to $350 cash back* - Click to Apply Now 
Reply
 
Thread Tools
  #1 (permalink)  
Old 21-03-2016, 03:20 PM
Junior Member
 
Join Date: Mar 2016
Posts: 7
deadbeat777 is on a distinguished road
Default Relocating to Singapore, is 8000SGD per month reasonable?

I have recently been offered a salary of 8000 SGD per month at Singapore by my current employer. To give you some background, I'm a 27 year old IT professional with a Bachelor's engineering degree in IT. I have 5.5 years of experience working for a large MNC as a Network consultant in India.

My wife, who is also in the same field will be looking for a job in SG once we move there. I'm a little concerned about the salary offered because SG is considerably more expensive than India and we are not sure if we would be able to maintain the same sort of lifestyle that we currently enjoy. We tend to eat out a lot because none of us is particularly good at cooking. We have no other debts or loans at the moment and our main expenditure in India is rent, eating out, house helps, pet food and vet bills, shopping and entertainment (equivalent of 300-500 SGD per month in India), car fuel and weekend getaways.

Ofcourse, once my wife starts working, we know that we will be far more comfortable but our intention is to save her entire salary and invest it.

Will 8000SGD be sufficient to have a comfortable life for two (plus a pet)? We don't intend to buy a car and would be happy to use public transport. We also aren't very picky about eating at expensive places all the time. We do however, love our shopping and going out.

Your views are highly appreciated!

Reply With Quote
  #2 (permalink)  
Old 21-03-2016, 03:38 PM
Unregistered
Guest
 
Posts: n/a
Default

Hey 8k is a good salary for someone with your experience in singapore.

Most couples have both people working here though, so it would def be advisable. But for a couple it should be alright. Rent is around 2k sgd here so you may want to factor that too. Public transport is easily 300 per mth for a working adult too.

Reply With Quote
  #3 (permalink)  
Old 21-03-2016, 06:38 PM
Unregistered
Guest
 
Posts: n/a
Default

I assume that your company did not cover your accomodation.

Renting a HDB is around 2k to 2.5k per month.
Transportation range from 60 to 120 sgd per month.
Expenses for both range from 1k to 3k.

I would say 8k is a comfortable amount.

Reply With Quote
  #4 (permalink)  
Old 21-03-2016, 11:18 PM
veeresh
Guest
 
Posts: n/a
Default unable to secure EP

Hi,
which company do you work for? lucky you that you managed to actually land an employment pass. my employer has been trying for months to obtain ep for me for singapore. now they tell me that they have run out of ep for tcs as they are having too many indians already. also my wife works for another top IT company and is not able to get an ep for herself. yet I have friends in wipro who are able to get EP.
what exactly is the latest policy for ep in Singapore? have some companies already run out of there kotas?
tnx, veerest
Reply With Quote
  #5 (permalink)  
Old 22-03-2016, 12:00 AM
Unregistered
Guest
 
Posts: n/a
Default

8000 is more than enough.

average singaporean graduate at 27 is making only 3500 if you are lucky, and 3000 if you are unlucky.

lets just make it 4000, so they pay you 4000 add-on premium compared to locals.
Reply With Quote
  #6 (permalink)  
Old 22-03-2016, 12:26 AM
Unregistered
Guest
 
Posts: n/a
Default

If you are an expat, you should not settle anything less than $12,000. $8,000 is just the median pay for local professionals
Reply With Quote

  #7 (permalink)  
Old 22-03-2016, 12:41 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
If you are an expat, you should not settle anything less than $12,000. $8,000 is just the median pay for local professionals
Here comes the bullshit.
Reply With Quote
  #8 (permalink)  
Old 22-03-2016, 02:58 AM
Junior Member
 
Join Date: Mar 2016
Posts: 7
deadbeat777 is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
Hey 8k is a good salary for someone with your experience in singapore.

Most couples have both people working here though, so it would def be advisable. But for a couple it should be alright. Rent is around 2k sgd here so you may want to factor that too. Public transport is easily 300 per mth for a working adult too.
Thank you for your input! We would be looking for furnished homes as we are not sure how long we would be stationed at Singapore. I'm assuming we would have to look for houses somewhere in the 2.5-2.8k range. Any recommendations as to which areas we should try looking at? My office is located at One Raffles Quay. We would prefer not to commute more than 30 min one-way for work.


Quote:
Originally Posted by Unregistered View Post
I assume that your company did not cover your accomodation.

Renting a HDB is around 2k to 2.5k per month.
Transportation range from 60 to 120 sgd per month.
Expenses for both range from 1k to 3k.

I would say 8k is a comfortable amount.
Yes, accommodation is not being provided by the company. They are however, covering the phone and internet bills as well as transportation expenses upto 100 SGD.

Looking at the expenses, we would be very satisfied if we could have around 2-2.5k leftover after all expenses.


Quote:
Originally Posted by veeresh View Post
Hi,
which company do you work for? lucky you that you managed to actually land an employment pass. my employer has been trying for months to obtain ep for me for singapore. now they tell me that they have run out of ep for tcs as they are having too many indians already. also my wife works for another top IT company and is not able to get an ep for herself. yet I have friends in wipro who are able to get EP.
what exactly is the latest policy for ep in Singapore? have some companies already run out of there kotas?
tnx, veerest

Hi Veeresh, I can't really state the name of my employer but it ranks amongst the likes of Microsoft, Google, Amazon etc. I don't have an EP yet, but my employer is confident that they can land me one based on their previous dealings.


Quote:
Originally Posted by Unregistered View Post
8000 is more than enough.

average singaporean graduate at 27 is making only 3500 if you are lucky, and 3000 if you are unlucky.

lets just make it 4000, so they pay you 4000 add-on premium compared to locals.
I do have a friend who has similar experience as mine in IT and has been working at SG since some time now. He also said that the salary being offered is generous and he currently makes less than half of what has been offered. To me it seems unfair and I can't figure out why that would be the case.


Quote:
Originally Posted by Unregistered View Post
If you are an expat, you should not settle anything less than $12,000. $8,000 is just the median pay for local professionals
I have a hard time believing that. In any case, my employer has promised a salary revision upon completion of a year. I'm not sure why you would quote that amount because I have friends with similar experience working in US and Aus and none of them make anything close to that even though they are stationed in cities like NYC and Sydney.
Reply With Quote
  #9 (permalink)  
Old 22-03-2016, 04:27 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by deadbeat777 View Post

I have a hard time believing that. In any case, my employer has promised a salary revision upon completion of a year. I'm not sure why you would quote that amount because I have friends with similar experience working in US and Aus and none of them make anything close to that even though they are stationed in cities like NYC and Sydney.
Yes, 8k is fine, especially with the promise of a salary revision after 1 year.

Prospects and standard of living will be good, welcome on board!
Reply With Quote
  #10 (permalink)  
Old 22-03-2016, 04:48 AM
Verified Member
 
Join Date: Mar 2016
Location: Singapore
Posts: 10
Gouremitch is on a distinguished road
Default

Depends on your basket of goods. But in general, the necessities (food, public transport, HAIRCUTS) are a lot cheaper than other cities.

The expensive reputation stems from property prices, alcohol, and cars (because of the insanely expensive certificate you need before you can even get the car). Fine dining is more expensive as well. If you stay away from those expenditures and manage to find an affordable place away from central, the costs are fine.
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
What is the reasonable Commuting hours in SG? unregistered235 Income and Jobs 5 16-03-2016 11:45 AM
Diploma Fresh Grad Pay of $2100 consider reasonable? temp111 Income and Jobs 2 18-02-2013 10:40 AM
Is 5K expected salary low, high or reasonable? Ecce Income and Jobs 8 22-06-2012 05:20 PM
Salary reasonable for private school? Ecce Income and Jobs 26 23-04-2012 10:56 AM

» 30 Recent Threads
I need honest advice. Jump to... ( 1 2)
19 Replies, 1,942 Views
Compare civil service salary ( 1 2 3... Last Page)
10,318 Replies, 5,662,222 Views
Lawyer Salary ( 1 2 3... Last Page)
8,151 Replies, 2,726,580 Views
Pay grade at CSA ( 1 2 3... Last Page)
109 Replies, 28,388 Views
need some info on CNB ( 1 2)
16 Replies, 1,164 Views
Citibank Technology Analyst Program
9 Replies, 3,933 Views
Retiring in Taiwan
4 Replies, 168 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
2,942 Replies, 1,100,776 Views
High Finance Thread ( 1 2 3... Last Page)
101 Replies, 18,205 Views
Enterprise Singapore hiriing... ( 1 2 3... Last Page)
102 Replies, 33,219 Views
How To Find Rich & Elite In...
1 Replies, 100 Views
How much are you earning per annum? ( 1 2 3... Last Page)
11,948 Replies, 3,755,199 Views
Career as Teacher ( 1 2 3... Last Page)
2,723 Replies, 1,641,972 Views
Advantages
1 Replies, 853 Views
Private Banking Salaries ( 1 2 3... Last Page)
77 Replies, 101,336 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
2,275 Replies, 1,001,554 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,344 Replies, 1,933,257 Views
Aircraft Maintenance License and... ( 1 2 3... Last Page)
605 Replies, 461,465 Views
Mid-Year Civil Servant Bonus 2019 ( 1 2 3... Last Page)
1,654 Replies, 790,263 Views
anyone working at NCS ? ( 1 2 3... Last Page)
405 Replies, 294,477 Views
Ntu sociology degree ( 1 2 3... Last Page)
57 Replies, 47,553 Views
Corporate Banking Analyst
7 Replies, 649 Views
DBS Management Associate Program... ( 1 2 3... Last Page)
1,821 Replies, 281,993 Views
How much do you need to retire...
6 Replies, 280 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,117 Replies, 510,972 Views
Job offer from Apple ( 1 2 3... Last Page)
469 Replies, 91,226 Views
Whats your net worth ( 1 2 3... Last Page)
2,740 Replies, 805,205 Views
Getting funded for university
0 Replies, 110 Views
Unilever UFLP 2018 ( 1 2 3)
23 Replies, 7,897 Views
Advice for "Research Coordinator"...
7 Replies, 4,698 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 12:39 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2