Skip to main content

Cost of Living - Malaysia vs Singapore

To date, Malaysia’s average monthly disposable salary is RM3,505 (US$869.10) while Singapore’s is S$4,152 (US$3,028.38). The bad news is, Malaysians do not only earn less than their neighbours across the causeway, the weaker Ringgit currency compared to the US dollar (with an exchange rate of roughly 3.9 versus the Singapore dollar’s 1.36 at this point in writing) also means that imported goods that are sold in Malaysia often cost more in the Ringgit quantum. via iMoney.my
There’s a really nice Infographics posted in iMoney on the monthly expenses incur by working professionals in both Malaysia and Singapore. The Infographics gives a nice pictorial and will be useful for Malaysians thinking of moving to Singapore.
The Infographics ended by saying that:
You need S$8218 to maintain the same standard of living as RM9,500 in Kuala Lumpur, assuming both are renting.
I believe that this conclusion is very key to many Malaysians. If we chose to go to Singapore, naturally, we will be renting a place to stay. And by renting, it doesn’t sound like Singapore is going to be cheap for you. This is especially true if you already at the tail end of settling your mortgage loan, which means you will have a house you don’t need to bear the burden of monthly instalment in Malaysia. By going to Singapore, you will have that rental amount to pay for. The Infographic listed a S$2,000 monthly rental for a 1 bedroom apartment outside the city centre. OMG!
Recently, I have a few colleagues who found a job (in the same company) in Singapore and they moved their family there. One big question that is always on my mind is how much do they pay an experienced worker? Both my colleagues told me that it is roughly 70% of what you get in Malaysia. That means, if you earned RM10,000 today, moving to a similar position in Singapore will get you S$7,000. Which sounds pretty good because that’s RM21,000 after currency conversion! (S$1 is RM2.90 now). But don’t forget, he’s gonna rent an apartment for his family of 2 kids and a wife. And rental is around S$3,000 or more. That left S$4,000. He said that he’s currently not a PR, and that PR is a bit challenged now because of the control and so his children’s education in Singapore is very expensive - going to be like an expat. Probably that takes another S$1,000 cut for 2 kids education. That is why his wife has to look for a job as well, otherwise, it’s unsustainable.
While it’s not a bed of roses, there are still many who wanted to start a life in Singapore. The main reason is that Malaysia has degenerated into a shit hole of slump in the past 5 years, which such a corrupted administrations, super high cost of living and a host of safety concerns. Going to Singapore may be tough at first, but you do get a peace of mind and soul.
What are your thoughts?

Comments

Popular posts from this blog

One million daimoku

In April 2008, Anne and I started our resolution to chant 1 million daimoku in one year. It's already Jan - and I am only one-third of the way. I really need to WORK HARDER - coz I made another 1 million resolution from Jan - Dec 2009.

The chart you see on the right of this post is a chart that we put beside our butsudan. It tracked our chanting progress. Every 20 minute, we coloured one box. Mine is the one on top, Anne's at the bottom - you can see that she made much better progress than me! Hmmm.. come to think of it, I am not even at one third!!

---
Edit 22 March 2009: Thanks to Google, a couple of friends in faith found this post and they want to know how many hours of chanting is required to achieve one million diamoku. Here it is. Based on our publication in Malaysia, 20 minutes of chanting is equivalent to 1,000 daimoku. So, one hour is 3,000 daimoku. 1 million would take about 333 hours.

---
Edit 8 April 2018: Checking my blogger stats, this post is pretty high up in…

Why did we choose Sekolah Kebangsaan Taman Megah?

Which school did we transfer Jane to, that's probably what is in your mind? The graphics and the title above would have informed you the name of this school. But why this school?

We first heard of Sekolah Kebangsaan Taman Megah from a friend. Her 8 and 11 year old daughters are now studying there. Typically, she doesn't really talk much about the school but when probed further, she told us all about the school. There are few things she said which struck me really hard. The first being that the kids and the staff in the school are a happy lot. Yes, even the staff. She said when you go to the school and talked to the teachers, the Headmistress Puan Khoo or even the office staff, you will feel an ambiance of  warmth and politeness from everyone. It's a very pleasant feeling, unlike many schools where the atmosphere is cold. And she also said that the children there, her own two daughters, are always looking forward to school.

The second thing she said which also left an impr…

How to change Twitterrific V6 Theme

Yesterday, my favorite Twitter client, Twitterrific, released V6. I have been using Twitterrific for years and while I sometimes try other clients, I always end up with Twitterrific. So, I am extremely happy to see it still being actively developed.

One of my favorite features of this release is the introduction of new themes. There is one theme I really like. It's called Parakeet and it's almost based on the Solarized Dark colour scheme. However, there is no Solarized Light and so, I was delighted to learn that there is a way to change the theme manually by changing the .plist file.

Twitterrific syncs the theme file to iCloud Drive under the Twitterrific folder. There is a Themes folder and inside it is a Day and Night subfolder. They also nicely included a sample theme file, named Sample.twitterrifictheme. All you have to do is copy the file and drop it to the Day subfolder and magically, Twitterrific client will pick it up. The theme files for all the included 6 themes can b…