Is this a good deal?

tone1981 · Post by **tone1981** » Sun, 12 Nov 2006 2:42 pm

Hi all,

Looking for some advice...

I've been offered a job with a company in the insurance industry in Singapore with the following package:

All in S$ per year

Basic 108k
Transport 12k
Housing 54k

Bonus 17.5% of basic

I'm single and in my 20's

Good deal or not?

Thanks

Post by **jpatokal** » Sun, 12 Nov 2006 6:47 pm

Are you going to be the CEO or the accounting clerk?

But overall that sounds like a pretty good package you've got there, you'll be very well off by Singapore standards.

micknlea · Post by **micknlea** » Sun, 12 Nov 2006 6:50 pm

Not bad at all, but of course as poster above said, it does depend on the job you are doing!

tone1981 · Post by **tone1981** » Sun, 12 Nov 2006 7:04 pm

sort of middle management and coming off 42k in london

how is the cost of living? housing looks a lot more expensive...

hello_20 · Post by **hello_20** » Sun, 12 Nov 2006 9:21 pm

It depends where you plan to stay. $54/year can go a long way even in a good location. Most of the good location, depend on the size of the apartment, cost between $2k to $4k (2 to 3 bedrooms).

Your overall package is considered very attractive. Let me know if you need more info.

Cheers.

tone1981 · Post by **tone1981** » Mon, 13 Nov 2006 2:00 am

2-4k?

My potential colleagues have recommended a few places in the River Valley area?

The condos there seem to be about 5k a month!

A lot more than i'm paying in london...

Am i missing something?

Bremen · Post by **Bremen** » Mon, 13 Nov 2006 9:52 am

tone1981 wrote:2-4k?

My potential colleagues have recommended a few places in the River Valley area?

The condos there seem to be about 5k a month!

A lot more than i'm paying in london...

Am i missing something?

river valley flats vary in cost from 2-6k. The 5k ones are very very nice.

The package offered to you is extremely good. I'm here in SG on about a quarter of that.

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Is this a good deal?

Is this a good deal?

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