How much are you earning per annum?

"We have not yet worked out the specifics of it,” said Mr Lee. “I have told him (PM Najib Razak), in Singapore, we have three sites possible, but Jurong East is one very attractive one which we are considering."

Originally Posted by Unregistered

I totally agree the Jurong Lake District is the best place to build the HSR station. Here are some important reasons why:

1. The JLD is already a happening place with many new offices, malls, etc. So when Malaysians reach Singapore, they don't have to go to Orchard, which is already so crowded. They can do all their shopping, eating, holidaying, etc in the JLD - you have JEM, Westgate, IMM, JCube, and many more. This will reduce the crowd in Orchard.

2. Many businessmen travel from Singapore to KL on a daily basis for business, so if they have offices in the JLD, they can easily take the HSR from their JLD office to KL and saves a lot of time. If the station is in Tuas West, it will a waste of time to travel from their JLD office to Tuas West.

3. The JLD can have a new mega theme park like Universal Studios, Disneyland. This will make it a big attraction for Malaysians. They can simply alight at the JLD HSR station and enjoy the theme park. They can also stay at the new hotel in the JLD. Maybe more hotels need to be built in the JLD.

4. The JLD is the new CBD and Orchard combined, so it must be developed to attract the world to JLD. The development of the JLD can hopefully contribute another 1 - 2% of Singapore's GDP when fully developed. The JLD is a gem in the making.

Small businessman, 49, work at home from home office (a 3 bedroom condo), earns $80k pa. Wife, 40, earns $60k pa as office worker. Condo, now worth $1.2m, is fully paid up. We save $40k pa. We don't own a car. Go about by bus, MRT and occasionally taxi. I am very happy with my small business, will only retire when I reach 75.

all sour grapes...haha

Originally Posted by Unregistered

This is just average. There are doctors and lawyers who make millions per year.
Work harder.

There are a lot of such irelevant postings on JLD by Jgateway owners waiting to cash out their 1700psf unit to the next bigger fools, beware of overprized overhyped JLD properties

Originally Posted by Unregistered

I totally agree the Jurong Lake District is the best place to build the HSR station. Here are some important reasons why:

1. The JLD is already a happening place with many new offices, malls, etc. So when Malaysians reach Singapore, they don't have to go to Orchard, which is already so crowded. They can do all their shopping, eating, holidaying, etc in the JLD - you have JEM, Westgate, IMM, JCube, and many more. This will reduce the crowd in Orchard.

2. Many businessmen travel from Singapore to KL on a daily basis for business, so if they have offices in the JLD, they can easily take the HSR from their JLD office to KL and saves a lot of time. If the station is in Tuas West, it will a waste of time to travel from their JLD office to Tuas West.

3. The JLD can have a new mega theme park like Universal Studios, Disneyland. This will make it a big attraction for Malaysians. They can simply alight at the JLD HSR station and enjoy the theme park. They can also stay at the new hotel in the JLD. Maybe more hotels need to be built in the JLD.

4. The JLD is the new CBD and Orchard combined, so it must be developed to attract the world to JLD. The development of the JLD can hopefully contribute another 1 - 2% of Singapore's GDP when fully developed. The JLD is a gem in the making.

I am 46, salary $84k pa. Wife, 50, salary $90k pa. Upgraded to a condo in 2006, bought at $500k, now worth $1m. Loan remaining, $300k. 2 kids.

25, 23

Combined 2013, S$188K (with bonus, commission). Excluding allowance of approx S$2K/mth to cover entertainment, petrol, cashcard etc

can anyone advise if this is a good start ?

Fine tuned it;

25yrs old , 23yrs old (spouse)

Combined income (spouse and I) for FY2013 (as per IRAS), S$188K (with bonus, commission) plus S$24K (allowance of approx S$2K/mth to cover entertainment, petrol, cashcard etc)


can anyone advise if this is a good start ?

Originally Posted by Unregistered

Fine tuned it;

25yrs old , 23yrs old (spouse)

Combined income (spouse and I) for FY2013 (as per IRAS), S$188K (with bonus, commission) plus S$24K (allowance of approx S$2K/mth to cover entertainment, petrol, cashcard etc)


can anyone advise if this is a good start ?

Approx $100k pa each...quite high income given your age. You must be in sales....income tends to fluctuate ? No indication of nett savings Set goals eg buy condo by xx, have 2 kids by yy...It's a good start if u can save a significant portion of your income

Originally Posted by Unregistered

Approx $100k pa each...quite high income given your age. You must be in sales....income tends to fluctuate ? No indication of nett savings Set goals eg buy condo by xx, have 2 kids by yy...It's a good start if u can save a significant portion of your income

For myself, am a commodity trader while my spouse is a medical doctor.

Combined spending of roughly S$2k/mth on food, bills, maintenance. We don't dine at fancy restaurants, Not into designer brands; except for the rare purchases during GSS. We do occasional trips around the region when tickets are on sale.

Spend approx S$25K p.a. on our insurance premium and we save/ invest the rest of our income.

Drive a secondhand jap car (which is fully paid but left 1.5 years)

Want to lead a simple life and give back to society (currently delivering food to elderly during weekends & providing free tuition classes to less privilege kids). Hence, am not too concern over the type/kind of house we live in. Just want a comfortable/ humble roof over our heads.

However, am sandwich as unable to apply for BTO/ EC due to income

This post is relevant as it involves Singapore's growth prospects.

The selection of the HSR terminal in Singapore depends largely on cost as well as the economic benefits. Given that this project is costly, it needs to be above ground as underground system will be very costly. In this regard, the city centre is out, as it can only be at the city centre if it is underground.

Hence, the choice left is Tuas West or Jurong East. Even though TW is cheaper to build than JE, it is not a good location for businesses as tourism. JE is more developed with new malls, offices, planned new attractions in the JLD. TW has nothing except factories and warehouses and hence not a good sight for tourists. JE also has ample land, the Jurong Country Club can be easily acquired to convert into the terminal as it is economically more beneficial than a golf course.

Hence, the best location is JURONG EAST. It will boost Singapore's growth in the long term.