How much are you earning per annum? - Page 674 - 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




How much are you earning per annum?

Reply
 
Thread Tools
  #6731 (permalink)  
Old 15-02-2015, 12:19 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Me too! I will get a Merz, my wife a BM, my son an Audi, and my daughter a Mini. What a Huat Huat 2015
We are talking about real cars. not toys.

Reply With Quote
  #6732 (permalink)  
Old 15-02-2015, 03:12 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Bro I also think the COE will plunge. Reason is because there are many AD which are backlog and people have to wait up to 6 months to get their car. With the new orders being pushed back, and the release back of many deregistration, we will definitely see a decline in the COE within this year. Congrats for being very patient and enjoy your new ride!
this round the session has been reduced to 2 days, so there could be a high chance there is a freak result, Cat A might plunge by $10k. Lets see thw show unveiled! Its juat like the property market nos, all waiting patiently and the pricea are falling, Good news to all.

Reply With Quote
  #6733 (permalink)  
Old 15-02-2015, 04:43 PM
Unregistered
Guest
 
Posts: n/a
Default

Small business owner, 48, net income $66k pa.
Wife, admin officer, 50, income $80k pa.
Our combined savings $30k pa.
We sold our flat and upgraded to a condo in 2005.
The condo cost us $500k in 2005, we don't need to take a big loan.
We use the money from selling our flat and some cash savings to pay down.
Now we have finished paying our mortgage. The condo is now worth $900k.
We have $400k in our total CPF savings.



Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #6734 (permalink)  
Old 15-02-2015, 07:08 PM
Unregistered
Guest
 
Posts: n/a
Default

Quite an achievement for you and wife. You have been living in a condo for 10 years. You would be among the top 15% of Singaporeans in terms of net worth since more than 80% live in public housing. Many in their 40s and 50s are still aspiring to upgrade to a condo. You have done well to be among the top 15% in social status.

Quote:
Originally Posted by Unregistered View Post
Small business owner, 48, net income $66k pa.
Wife, admin officer, 50, income $80k pa.
Our combined savings $30k pa.
We sold our flat and upgraded to a condo in 2005.
The condo cost us $500k in 2005, we don't need to take a big loan.
We use the money from selling our flat and some cash savings to pay down.
Now we have finished paying our mortgage. The condo is now worth $900k.
We have $400k in our total CPF savings.
Reply With Quote
  #6735 (permalink)  
Old 16-02-2015, 10:56 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
this round the session has been reduced to 2 days, so there could be a high chance there is a freak result, Cat A might plunge by $10k. Lets see thw show unveiled! Its juat like the property market nos, all waiting patiently and the pricea are falling, Good news to all.
pray for a miracle this round of COE.... Drop to $50k for CatA.. Here I come!!
Reply With Quote
  #6736 (permalink)  
Old 16-02-2015, 03:30 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
pray for a miracle this round of COE.... Drop to $50k for CatA.. Here I come!!
Hope it will drop to $10k. Huat Ah!

I can then scrap my one year old car and buy a brand new model. Huat Ah!
Reply With Quote

  #6737 (permalink)  
Old 16-02-2015, 04:07 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hope it will drop to $10k. Huat Ah!

I can then scrap my one year old car and buy a brand new model. Huat Ah!
Huat ah! Me too will change my 2 week old car with $75k COE and get the refund!
Reply With Quote
  #6738 (permalink)  
Old 16-02-2015, 04:40 PM
Unregistered
Guest
 
Posts: n/a
Default

I think we should change the COE system. Instead of bidding for COE we should just fix the COE prices and set the amount of COE available for each month.

For instance, we should just fix Cat A COE at $70k and Cat B COE at $80k. In this way, we don't have the big fluctuations in COE prices. This will be fair to all. Currently, those who got a high priced COE will not be happy to see COE price plunge after he has bought his car. So the purchase of COE will be on first come first served basis. Any unsold COE for a particular month will be brought forward to the next month.

We should avoid situation where COE prices fluctuate from $10k (eg Cat A COE in 2008/2009) to $80k (eg Cat A COE in 2013).
Reply With Quote
  #6739 (permalink)  
Old 16-02-2015, 05:57 PM
Unregistered
Guest
 
Posts: n/a
Default

COE prices for this 2nd Feb bidding will bounce back.

Cat A COE price likely to bounce to $68k. This is driven by popular Cat A models such as the Mazda 3, Kia K3, Hyundai Accent, Nissan Qashqai 1.2, Toyota Altis, etc.

Most car owners who have been keeping their cars for 7 years or older will be buying new cars. This is not surprising as their household incomes have gone up by at least doubled over the past 10 years. For instance, in 2005, their household income could be $70k pa. Today, their household income could be $150k - $250k pa. So, they have no problem paying for a $100k - $150k car as it only means spending $10k - $15k pa.
Reply With Quote
  #6740 (permalink)  
Old 16-02-2015, 06:38 PM
Unregistered
Guest
 
Posts: n/a
Default

The latest report shows that the median HH income is now $8,290 pm in 2014, which is higher than in 2013. Hence it would not be surprising that the mean (average) HH income will be much higher. For those who don't know, there is a difference between mean and median.

So, it would not be surprising to have typical families with HH incomes of $150k pa or more. Youngsters nowadays also earn high incomes. A local grad couple in their early 30s could earn a HH income of $200k pa easily. They would typically live in a condo and can easily own a car costing $100k-$150k.
Reply With Quote
Reply

Bookmarks

Tags
bond, bond breaking, income pa, lawyer, saf

« 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
Industries with Highest Proportion Earning 5-Figure Monthly Income Salary.sg Income and Jobs 25 23-04-2021 10:40 PM
Lawyer earning $25k/mth forged $65k payslip to get job Salary.sg Income and Jobs 2 30-12-2011 02:42 PM

» 30 Recent Threads
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
2,750 Replies, 1,302,262 Views
Lawyer Salary ( 1 2 3... Last Page)
13,868 Replies, 4,661,863 Views
ST Electronics ( 1 2 3... Last Page)
2,352 Replies, 580,528 Views
GovTech Tech Associate Program... ( 1 2 3... Last Page)
74 Replies, 37,527 Views
GovTech ( 1 2 3... Last Page)
448 Replies, 327,477 Views
Roles in accenture singapore ( 1 2 3... Last Page)
2,037 Replies, 529,123 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,102 Replies, 2,539,460 Views
DBS tech seed programme ( 1 2 3... Last Page)
886 Replies, 229,682 Views
Career as Teacher ( 1 2 3... Last Page)
4,025 Replies, 2,518,756 Views
IMDA (under MCI) ( 1 2 3... Last Page)
126 Replies, 59,485 Views
How is HTX Associate Programme... ( 1 2 3... Last Page)
32 Replies, 8,020 Views
All about Home Affairs Senior... ( 1 2 3... Last Page)
183 Replies, 209,267 Views
Compare civil service salary ( 1 2 3... Last Page)
12,669 Replies, 7,380,596 Views
UBS Financial Services Industry... ( 1 2 3... Last Page)
633 Replies, 143,302 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,852 Replies, 613,309 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,023 Replies, 742,188 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
564 Replies, 446,420 Views
Citibank Singapore ( 1 2 3... Last Page)
144 Replies, 101,875 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
128 Replies, 37,258 Views
If you can't find a company here... ( 1 2)
18 Replies, 1,819 Views
GIC (Government of Singapore... ( 1 2 3... Last Page)
333 Replies, 455,912 Views
Grab Finance Graduate Programme...
3 Replies, 267 Views
Heineken APAC Graduate Programme ( 1 2 3... Last Page)
276 Replies, 135,824 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
740 Replies, 204,403 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,724 Replies, 4,370,181 Views
Starting Pay for CS/Ministries... ( 1 2 3... Last Page)
250 Replies, 113,127 Views
DXC Technology
0 Replies, 74 Views
Y Ventures Group
0 Replies, 46 Views
Breaking the Letter Of Commitment... ( 1 2 3... Last Page)
33 Replies, 26,858 Views
Tax ( 1 2 3)
22 Replies, 9,143 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 10:52 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2