Need inputs. I have got a job in singapore

[gupta.varun]

Hey Guys

I have got a job in singapore with a salary of 6000 SGD per month. I will be relocating from India to Singapore along with my wife

Wanted to understand the average monthly expenses and current job market there

I have 4.5 years of experience as a business analyst.. I am moving to an Investment bank there. Also wanted to understand if the salary is descent enough as per the singapore market standards

[mohansktrt]

For your experience 6000 SGD is a good salary. You can save typically 2000 - 2.500 SGD per month. Can you please tell me how you get the job through agency are directly. I also trying job in singapore

[gupta.varun]

Originally Posted by mohansktrt

For your experience 6000 SGD is a good salary. You can save typically 2000 - 2.500 SGD per month. Can you please tell me how you get the job through agency are directly. I also trying job in singapore

Hey thanks dear for your inputs

I have got through a consultant there in Singapore.. It takes some time actually to get through a job. Also, can you please tell me the basic necessities that i should carry from India while relocating to Singapore

[reply2balu]

Hi Varun,

Even i am planning to move to Singapore. Can you please let me know how did you approach the consultant.I am from networking background.

[funksg]

hi varun..

welcome to singapore...
its mukul here...
where in india u r from..i m from rajasthan and in spore for 4 years ..
6k is good to start here....dont worry..
if u need any help from me do let me know..
or can email me - mukulsg at gmail .
whehn u wud b coming here..?

regards
Mukul

[rabbitnini]

Hi welcome to Singapore.
Let me tell something about the cost to live in Singapore.

Housing:
you need to rent an apartment, either in private condominium or public house known as HDB, if your employer provides the housing, then bingo, you can save
money a lot!

Rentals varies depending on their location, i believe you company should be somewhere near raffles place, the nearby houses are expensive,
so you may need to find a cheaper one but have to travel at least 30mins.
Private condominium cost between S$2000 to S3500, high ends cost between
S$5000 or more.
HDB is cheaper, for a 2 bed-3bed rooms apartment here is know as 3-room or 4-room as living room is counted, cost between S$1200-1800.

Otherwise, you can look for a master bed room and stay under the same roof with landlord, that may cost you S$600 or more with aircon, but you may have difficulties as most of the house owners do not allow cooking, they allow you
cook instant noodle and boiling water.

If you willing to pay the housing agent half a month rental as commission,
they can help you to find a house quickly.

Transportation:
Public bus and subway(MRT) are cheap and convinient, single journey is less than S$2, for taxi, $2.6 for the first 2km, however, peak hours needs more than 35%~50% more charges, so it may cost you 20$ for a 20mins trip.

Food:
There are plenty of food courts around the island, you don't have to cook.
one meal may cost you s$6-10 only for one person. You can find indian food
as well. So you may expect $600 is enough for you to eat at home or at food court.

Phone lines, internet:

Residential phone lines are cheap, S$25 for 3 months subscription,
mobile phone 20cents per min. Phone cards are available to call overseas.
Broadband monthly cost about 50-60S$ depends on your package.

basically, the living cost in Singapore is not high, and your salary is enough to
cover all.

Originally Posted by gupta.varun

Hey Guys

I have got a job in singapore with a salary of 6000 SGD per month. I will be relocating from India to Singapore along with my wife

Wanted to understand the average monthly expenses and current job market there

I have 4.5 years of experience as a business analyst.. I am moving to an Investment bank there. Also wanted to understand if the salary is descent enough as per the singapore market standards

[gupta.varun]

Originally Posted by funksg

hi varun..

welcome to singapore...
its mukul here...
where in india u r from..i m from rajasthan and in spore for 4 years ..
6k is good to start here....dont worry..
if u need any help from me do let me know..
or can email me - mukulsg at gmail .
whehn u wud b coming here..?

regards
Mukul

Hi Mukul

Thanks a tonne for ur response. I ll be moving in 1st week of September. I am from Mumbai
My work location is Changi Business Park. Which would be the ideal area to stay in Singapore if the work location is changi business park
Also my wife works as an SAP SRM Functional Consultant. how easy it is for her to get a job?
and lastly, what should i bring from India? while relocating

Thanks and will keep on bothering you guys

[gupta.varun]

Originally Posted by rabbitnini

Hi welcome to Singapore.
Let me tell something about the cost to live in Singapore.

Housing:
you need to rent an apartment, either in private condominium or public house known as HDB, if your employer provides the housing, then bingo, you can save
money a lot!

Rentals varies depending on their location, i believe you company should be somewhere near raffles place, the nearby houses are expensive,
so you may need to find a cheaper one but have to travel at least 30mins.
Private condominium cost between S$2000 to S3500, high ends cost between
S$5000 or more.
HDB is cheaper, for a 2 bed-3bed rooms apartment here is know as 3-room or 4-room as living room is counted, cost between S$1200-1800.

Otherwise, you can look for a master bed room and stay under the same roof with landlord, that may cost you S$600 or more with aircon, but you may have difficulties as most of the house owners do not allow cooking, they allow you
cook instant noodle and boiling water.

If you willing to pay the housing agent half a month rental as commission,
they can help you to find a house quickly.

Transportation:
Public bus and subway(MRT) are cheap and convinient, single journey is less than S$2, for taxi, $2.6 for the first 2km, however, peak hours needs more than 35%~50% more charges, so it may cost you 20$ for a 20mins trip.

Food:
There are plenty of food courts around the island, you don't have to cook.
one meal may cost you s$6-10 only for one person. You can find indian food
as well. So you may expect $600 is enough for you to eat at home or at food court.

Phone lines, internet:

Residential phone lines are cheap, S$25 for 3 months subscription,
mobile phone 20cents per min. Phone cards are available to call overseas.
Broadband monthly cost about 50-60S$ depends on your package.

basically, the living cost in Singapore is not high, and your salary is enough to
cover all.

Hi rabbitnini

Thanks for your response
Company is not giving me the housing expenses and my work location will be changi business park. Also, my wife will be moving after 3 months. so inititally i was thinking of staying in a master room and then probably once my wife is in Singapore, i thought i will shift in a whole unit/apartment
Which should be the good area to stay near changi business park and also reasonable
Is changi business park far off from Little India..

[rabbitnini]

Originally Posted by gupta.varun

Hi rabbitnini

Thanks for your response
Company is not giving me the housing expenses and my work location will be changi business park. Also, my wife will be moving after 3 months. so inititally i was thinking of staying in a master room and then probably once my wife is in Singapore, i thought i will shift in a whole unit/apartment
Which should be the good area to stay near changi business park and also reasonable
Is changi business park far off from Little India..

Hi, Varun,
Changi business park is located at the east end of Singapore, next to the Changi airport, it is about 10-12 MRT stations 20mins by MRT train from little India, little india is somewhere near down town, key in the link below you will find the map.

Welcome to Land Transport Authority
As you can see from the map that Changi is at the east end of the green line,
Little India is in the middle of purple line.

Nearby to your working place should be Simei, betok, tampines, east coast, but i would suggest you check by personal walking, plenty of HDB for you to choose. I am not familiar as i have been living in the west part of Singapore. Generally you need to prepare one month rental and one month deposit for Housing.

Singaporeans are friendly and easy to get along,relax and don't worry too much!
It's good you settle down before your wife comes.

Your pay is consider high in general and local average pay is about 2500 s$ only.
However, bankers are always rich everywhere.

Enjoy your relocation soon!

[gupta.varun]

Hi
I had few more doubts

My gross salary is 6000 SGD
what will be likely take home post taxation
and is the job market safe in Singapore as of now

and also what will be average monthly savings i can make there?

Originally Posted by rabbitnini

Hi, Varun,
Changi business park is located at the east end of Singapore, next to the Changi airport, it is about 10-12 MRT stations 20mins by MRT train from little India, little india is somewhere near down town, key in the link below you will find the map.

Welcome to Land Transport Authority
As you can see from the map that Changi is at the east end of the green line,
Little India is in the middle of purple line.

Nearby to your working place should be Simei, betok, tampines, east coast, but i would suggest you check by personal walking, plenty of HDB for you to choose. I am not familiar as i have been living in the west part of Singapore. Generally you need to prepare one month rental and one month deposit for Housing.

Singaporeans are friendly and easy to get along,relax and don't worry too much!
It's good you settle down before your wife comes.

Your pay is consider high in general and local average pay is about 2500 s$ only.
However, bankers are always rich everywhere.

Enjoy your relocation soon!