Thursday, October 16, 2008

Reader Mailbag # 5 : Cost of Living in Singapore posts!

Sorry for not being able to update my reader mailbag for sometime. Also I would like to request my readers to have more detailed information in case they want a specific query to be answered. This is my best attempt to answer what I feel about the query and should not be taken as it is. Do your own research before taking any decisions.

Hope you enjoy reading my posts and get some value out of it. Please feel free to comment and share your experiences with other to help them out!

Will 60000 Singapore dollars per annum sufficient for a couple to live in Singapore and save some pennies for home.....

I believe it is good salary to start with if you are looking for a change and would like to move to Singapore from India. Although as I have said earlier, the cost of living depends on many factors and it is important that you do your own math before classifying anything to good, decent or fair. As that helps you to set the expectations right and no surprises when you land in new country with changing times. Please go through my earlier Reader Mailbags and posts to find more.

Hi Sandeep ,

I am looking for 2 bedroom hdb now , but not getting anything less than 2k.

I do have any details on what rent prevails in which area in Singapore. But if you give more details probably I can help out. I personally feel that rents are coming down a bit in some areas in Singapore. Also rent in any area depends on many factors like renovation in the flat, proximity to MRT, Malls. You need to give some hard try before reaching any conclusion. As I have speak to many people who come to Singapore ..I find that they do give up on searching and settle on something they have found. This happened to me as well. So do some more search and you should be able to find a HDB flat in your budget. ..good luck !

Hi Sandeep,

Thanks to you for so informative blog. Just wanted to know, whats the difference between a Condo,a HDB and Landed accommodation. I also find that people give on rent their single rooms.Is that a common practice in Singapore.

Also what are the central locations in Singapore. Please advise. Regards.

Thanks for reading my posts and commenting. A Condo privately build gated apartment complex with security and also amenities like swimming pool, gym, party hall etc. HDB aparments do not have gated security and other amenities attached to apartment but at same time offer good accommodation and proximity to schools, malls, MRT and Bus stops. Landed property is a row house or a independent India we call it Row House or Bungaow or Villa!

Yes it very common practice to get Single rooms like Master room or 1 bed room by families. It is cheaper and good option if you a bachelor.

Singapore is built nicely all over to provide all amenities to public. By central if you mean the Business District, then it is Marina Bay, raffles place, suntec city, river valley road etc etc ...

Hope this helps!

Enjoy ..Sandeep

1 comment:

Anonymous said...

Hi Sandeep,

Thanks for all the valuable suggestions and insights. I am in the process of considering relocation to Singapore from US and was wondering how life/health insurance was handled there. Is it employer sponsored with employees paying a monthly premium? Also, do multinational/local employers typically provide housing allowance or is it negotiable under the terms of employment?