Expat Forum For People Moving Overseas And Living Abroad banner

Singapore to Hong Kong - Cost Of Living?

28K views 19 replies 14 participants last post by  ok159 
G
#1 ·
Hi there. Seems like a new place for SG folks here. Nice.

I am currently in Singapore and am earning 190k + 80k bonus (SGD) a year. No other benefits are included though. I am thinking about a new option that has arisen to go to Hong Kong but I know nothing about the cost of living in HK compared to SG. Are they similar?

How much do you think I need to be earning in Hong Kong to maintain the same standard of living my current salary package gives me in Singapore???
 
#2 ·
You could start by looking at a cost of living index. Since you have an executive job, it might give you a fairly accurate idea of what you would need. They are constructed on the assumption that a family of four would require a four-bedroom house with two baths, and two cars, for instance.

They don't work so well for non-executive people, becaue we usually have to adjust somewhat to the local standard of living. We do this even within the same country. I know that if I work in Columbus, Ohio, at the same job, with a market-level salary, I can get a much nicer place to live than if I took the same job, at a market-level salary, in Silicon Valley.
 
#3 ·
Assistance with expenses and salary....

Hi Sling, pls can you assist....

I might be relocating to Singapore, on a snr management / executive level. I have been requested to provide my salary expectations. I am not too clued up on the salary and cost of living in Singapore but my ideal will be the ff:
  • 3-4 bdrm house
  • 2 cars
  • domestic / nanny live-in
  • groceries
  • entertainment
  • etc

    if you can, your assistance will be appreciated.

    Thanks alot.

    Nivan
 
#5 ·
Queries About Singapore?

Hi Nivan,

welcome to Singapore (if you decide to relocate here, that is). You can purchase private properties with 3-4 bedrooms, maybe like condos or private apartments but you can't apply for HDB. You can also rent instead of buying if you are just staying here for a short period of time.

The cost of living isn't very high and transportation is excellent, thus 2 cars may not be needed... the MRT service is highly efficient. For domestic help, you will be pleased to know that there are many, i mean really many maid agencies over here and monthly cost is definately below $1K. Groceries wise, we have multiple supermarkets within any area so you can be stocked up anytime.

Entertainment scene; we have major tourists' attractions like the Formula One Night Race in Singapore this month and the Singapore Flyer or even the Zoo is great... You won't really feel bored cos' entertainment is 24 hours. Singapore is well known to be very safe and a trip to the 7 Eleven even at 3 am won't get you into trouble.

Hope i gave you a hint of Singapore... Cheers!
 
#8 ·
Squidy's Queries



Hi Squidy,

welcome to Singapore! i presumed you are looking for place with 2 bedrooms? i think there are about 3 with the kind of facilities that you are looking for...
  1. Kimsia Court
  2. Ewe Boon Regent
  3. Tanglin Regency.
but of course rental will be quite high. if i'm not wrong, it's about 3.5K and above... if your budget is lower, you can look at district 9 and 11 too. i think it's better to have an agent to assist you in your search. they know the place better.
 
#12 ·
wonder if he still reads into this forum, he might be in HK already seeing how his post was from 2007! but yea cost of living here is more or less exactly the same as in singapore, land is more sacred here...food and land is more expensive, in fact things that relate to the usage of land in hong kong is probably one of the most expensive in the world, if not THE most
 
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top