How much are you earning per annum?

Originally Posted by Unregistered

It is important to wake up once in a while to see how far behind one has fallen, and try to catch up. The wealth gap in Singapore real. Why do you think the gahmen is giving goodies every now & then to dwellers in smaller HDBs?

Yeah, compare with the best only. 300K by 30 or you are not a player.

While we are at it, the income tax ceiling for high earners should be raised to 35% min.

Share a little joy.

I feel I am very lucky and rich compared to my relatives in a third world country.

I own a fully paid up 5 room HDB executive apartment worth $700k.

Earns about $100k a year, not that high for a 52 year old but enough to feed a family of four.

Owns a simple car and we go holidays twice a year.

46, manager, $120k pa
Owns a terrace house, fully paid.
Owns two investment properties, 5% rental yield.
Net worth (me alone, excluding wife) only $1.4m.
I am an average performer by Singapore's standards.

Originally Posted by Unregistered

I am an average performer by Singapore's standards.

indeed.please try and improve.

for me, i am 34 year old and earn 3206/- per month and support family of 2. i am a top performer, very happy.

<30yo
gahment
basic close to 7k
bonus ~4+ mths

Right, since the tax man is coming, I shall declare that I don't earn millions, i mean billions, selling bovine produce or ballistic projectile. Just to normalize the numbers a bit and fly below the radar, so to speak.

Originally Posted by Unregistered

Right, since the tax man is coming, I shall declare that I don't earn millions, i mean billions, selling bovine produce or ballistic projectile. Just to normalize the numbers a bit and fly below the radar, so to speak.

What rubbish are u talking about?! What a nonsensical person u are!

I don't believe someone sarging my gorg at showflats can possibly earn more than me.

If he is, I should be the one sarging his gorg.

So it can't be.

Dont be so naive.

Originally Posted by peanutbutterjelly

Friend working as property agent, 35 years old, $500k per annum.

I think everyone should start working as an agent, hahahahhahah!

Originally Posted by Unregistered

46, manager, $120k pa
Owns a terrace house, fully paid.
Owns two investment properties, 5% rental yield.
Net worth (me alone, excluding wife) only $1.4m.
I am an average performer by Singapore's standards.

Think many of us are not sure how we actually fare in terms of our income with the rest of the people in Singapore. So I did a very superficial research and my half passed six result is as follows:

Tier 1 earners -- above $5M annually (eg DBS CEO, UOB CEO, OCBC CEO, Top Property developers etc). My guess is this group has less than 200 individuals in Singapore.

Tier 2 earners -- $1M - 5M annually (Ministers, some perm secs, CEOs & presidents of GLCs, medium business owners, top lawyers, top doctors etc) This group probably has less than 15,000 individuals

Tier 3 earners -- $500K - $1M annually (top senior civil servants, deputy presidents, deputy CEOs, etc) This group has about 30,000 individuals

Tier 4 earners -- $250K - $500K annually (regular super scale civil service officers, super scale uniform personnel, bankers, small business owners, etc) This group has about 70,000 individuals

Tier 5 earners -- $100K - $250K annually (bulk of white collar workers) This bulk has the "ants" of the economy and should number 1M individuals if not more.

Tier 6 earners -- $50K - $100K annually (young workers & blue collar workers) Another bulk of workers. Around 800K to 1M

Tier 7 earners -- $50K and below. The rest..

I suspect posters to these forums are mainly from Tier 5. Have dreams will go far

Originally Posted by Unregistered

Think many of us are not sure how we actually fare in terms of our income with the rest of the people in Singapore. So I did a very superficial research and my half passed six result is as follows:

Tier 1 earners -- above $5M annually (eg DBS CEO, UOB CEO, OCBC CEO, Top Property developers etc). My guess is this group has less than 200 individuals in Singapore.

Tier 2 earners -- $1M - 5M annually (Ministers, some perm secs, CEOs & presidents of GLCs, medium business owners, top lawyers, top doctors etc) This group probably has less than 15,000 individuals

Tier 3 earners -- $500K - $1M annually (top senior civil servants, deputy presidents, deputy CEOs, etc) This group has about 30,000 individuals

Tier 4 earners -- $250K - $500K annually (regular super scale civil service officers, super scale uniform personnel, bankers, small business owners, etc) This group has about 70,000 individuals

Tier 5 earners -- $100K - $250K annually (bulk of white collar workers) This bulk has the "ants" of the economy and should number 1M individuals if not more.

Tier 6 earners -- $50K - $100K annually (young workers & blue collar workers) Another bulk of workers. Around 800K to 1M

Tier 7 earners -- $50K and below. The rest..

I suspect posters to these forums are mainly from Tier 5. Have dreams will go far

Oh, i will be from Tier 7 ? , abour 3 million people in my Tier, i am not alone.

Brief details:
single, 39 yr old
income - 28k per year (including bonuses)