How much are you earning per annum? - Page 688 - 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?

 Citibank Cash Back Card - up to $350 cash back* - Click to Apply Now 
Reply
 
Thread Tools
  #6871 (permalink)  
Old 25-02-2015, 05:14 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
When did this thread become a COE forum?
COE is a very important part of people's spendings. Looking at the earnings of most people in this forum (most has a HH income of more than $100k pa), it is not surprising that most people can afford a new car. The annual COE cost is now only $5700 ($57,000 / 10) which is only 5.7% of the income of a HH with $100k pa. If the HH's income is $200k pa, then no problem at all buying a new car.

Reply With Quote
  #6872 (permalink)  
Old 25-02-2015, 06:04 PM
Unregistered
Guest
 
Posts: n/a
Talking

Quote:
Originally Posted by Unregistered View Post
COE is a very important part of people's spendings. Looking at the earnings of most people in this forum (most has a HH income of more than $100k pa), it is not surprising that most people can afford a new car. The annual COE cost is now only $5700 ($57,000 / 10) which is only 5.7% of the income of a HH with $100k pa. If the HH's income is $200k pa, then no problem at all buying a new car.
Just goes to show that many car dealers are swatting flies mad oping to forum to drum up interest..

Reply With Quote
  #6873 (permalink)  
Old 25-02-2015, 06:39 PM
Unregistered
Guest
 
Posts: n/a
Default

To be objective, the best thing you should do if you are in the market for a new car is to visit the many car showrooms. You will witness for yourself the many families buying new cars, some even buying their second car for the wife. As people in Singapore are getting richer by the day, buying new cars is no longer a big deal. Many people even pay in full cash for their new cars.



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
  #6874 (permalink)  
Old 25-02-2015, 07:05 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
To be objective, the best thing you should do if you are in the market for a new car is to visit the many car showrooms. You will witness for yourself the many families buying new cars, some even buying their second car for the wife. As people in Singapore are getting richer by the day, buying new cars is no longer a big deal. Many people even pay in full cash for their new cars.
It's true. Even normal young engineers in my company have booked their cars over the CNY. Some bought Mazda3, some bought Altis, some bought K3 etc. They are all attracted to the great offers by the car dealers. I think this round Cat A will have 1,500-1,800 bids.


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
  #6875 (permalink)  
Old 25-02-2015, 07:37 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
When did this thread become a COE forum?
Where's the moderator ?

If u wish to discuss COEs (yawn), please open another thread.
Reply With Quote
  #6876 (permalink)  
Old 25-02-2015, 07:55 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Depends on whether u r citizen or PR

://.hdb.gov.sg/fi10/fi10325p.nsf/w/PrivatePtyEligibility?OpenDocument
thank you bro. I check I think I am eligible. I am citizen.

bro how about loan? I can pay back the entire loan that I took from bank. But what about CPF money that was withdrawn for monthly instalment. Do I have to pay that back too before I can purchase private property?
Reply With Quote

  #6877 (permalink)  
Old 25-02-2015, 11:26 PM
Unregistered
Guest
 
Posts: n/a
Default

31 yo male
150k p.a. excluding bonus
Reply With Quote
  #6878 (permalink)  
Old 25-02-2015, 11:59 PM
Unregistered
Guest
 
Posts: n/a
Talking Moderator??

Quote:
Originally Posted by Unregistered View Post
Where's the moderator ?

If u wish to discuss COEs (yawn), please open another thread.
Where got moderator here? That's why this place super corrupted liao. Invaded by clowns, self made actors, directors, better than jack neo.
One of the worst forums around as anyone can post freely with no ID.
Just read for humour only.
Heheheeee
Reply With Quote
  #6879 (permalink)  
Old 26-02-2015, 11:10 AM
Unregistered
Guest
 
Posts: n/a
Default

From ST:

Singapore's private car population has fallen to its lowest level since 2011, and the shrinkage could continue.

The latest available figures from the Land Transport Authority show that there were 598,219 cars as of the end of last month - down from 600,176 last year. The number stood at 607,292 in 2013, and 605,149 in 2012.

The car population is now at its lowest since 2011, when there were 592,361 cars on the road.

The shrinkage is a rare occurrence in Singapore, where a quota system allows the vehicle population to grow annually at a pre-determined rate.

Observers said the contraction is a sign that the supply of certificates of entitlement (COEs) is lagging behind actual replacement demand.

Since 2010, COE supply has been formulated largely by the number of cars scrapped in the preceding months. This often does not correspond with the number of cars scrapped in the following months. For instance, last year's May-July COE quota for cars was determined by the 7,083 cars scrapped from February to April. But actual scrappage from May to July was higher at 7,514.

Over time, this leads to a population shrinkage.

NUS Business School Associate Professor Chu Sing Fat said the shrinking Open category, which can be used for any vehicle type but ends up mainly for cars, also contributes to the phenomenon.

Mr Lee Hoe Lone, managing director at Audi agent Premium Automobiles, said: "It will be worse if they start holding back some COEs."

He was referring to a widely expected move by the Government to "save" some COEs arising from the 2015-17 supply bonanza for the next low-supply period starting from 2019.

"The writing is on the wall," said Dr Park Byung Joon, an urban transport management expert at UniSIM. "I do not see any other way to avoid having a few years of massive COE supply followed by a dry spell."

National University of Singapore transport researcher Lee Der Horng concurs, adding that "a more equalised COE supply between years is more healthy".

While motor traders agree that a peak-and-trough COE supply pattern is not desirable, they reckon an adjustment - by holding back some certificates - will not be well received by consumers who have been waiting for supply to surge.

"If they hold back 30 per cent of next year's supply, it could potentially mean 30,000 car-owning families giving up their cars," a trader said.

Jardine Cycle & Carriage managing director of motor operations Eric Chan suggested that Singapore could accommodate a higher vehicle population once the second generation of Electronic Road Pricing (ERP II) is up.

On top of time and location, ERP II can charge according to distance clocked. With the system, expected to be ready before 2020, Mr Chan said "we can have higher car registrations but fewer cars on the road".

But even if COE supplies are not tweaked, the car population is likely to shrink for a few more years if the current COE quota formula is not changed.

Observers pointed out that the Government aims to raise public transport's share of morning peak journeys to 70 per cent by 2020 - up from 63 per cent in 2013.
Reply With Quote
  #6880 (permalink)  
Old 26-02-2015, 11:13 AM
Unregistered
Guest
 
Posts: n/a
Default

looks like it is real that government will keep the excess COE soon.
it will drive back COE to $80k or more
Those who are still waiting - Mai Tu Liao
dont miss the boat of enjoying todays temporary low COE
you might not smell it again.
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 23 06-08-2017 05:46 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
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
2,721 Replies, 1,133,713 Views
Invitation to apply to civil...
0 Replies, 1 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
3,158 Replies, 1,334,236 Views
HSBC Graduate Programme 2021
6 Replies, 337 Views
Lawyer Salary ( 1 2 3... Last Page)
9,608 Replies, 3,079,754 Views
Engineer Pay ( 1 2 3... Last Page)
119 Replies, 46,211 Views
ST Electronics ( 1 2 3... Last Page)
873 Replies, 259,663 Views
Looking for job referral,...
5 Replies, 478 Views
Diploma in Digital Marketing at...
4 Replies, 2,473 Views
Starting Pay for CS/Ministries... ( 1 2 3... Last Page)
155 Replies, 35,923 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
1,628 Replies, 1,344,402 Views
How rich/poor am I compared to... ( 1 2 3... Last Page)
44 Replies, 34,658 Views
Employment agency taking me to...
2 Replies, 106 Views
[advice] Recruitment agency... ( 1 2 3)
21 Replies, 3,185 Views
Career as Teacher ( 1 2 3... Last Page)
2,878 Replies, 1,756,242 Views
DBS tech seed programme ( 1 2 3... Last Page)
30 Replies, 4,204 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
336 Replies, 114,560 Views
MasterCard Graduate Developement... ( 1 2)
10 Replies, 4,880 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,407 Replies, 2,011,349 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
3,004 Replies, 1,145,712 Views
Compare civil service salary ( 1 2 3... Last Page)
10,714 Replies, 5,922,306 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,462 Replies, 980,710 Views
Enterprise Singapore hiriing... ( 1 2 3... Last Page)
117 Replies, 43,441 Views
Job offer from Apple ( 1 2 3... Last Page)
475 Replies, 102,360 Views
Equity Research jobs
3 Replies, 343 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
1,022 Replies, 815,315 Views
Working in HDB ( 1 2 3... Last Page)
351 Replies, 280,716 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 11:45 AM.


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