I ❤️ Singapore
Singapore maybe the most expensive city to live in, because of land scarce city, strong currency and liquors/cigarettes are expensive😅 and many more expensive things :
⚠️ property is expensive, so home and office rental cost is expensive, if buy mainly leasehold, foreigners can not buy freehold. Foreigner need to pay additional stamp duty.
⚠️ car is expensive, must bid COE which valid only for 10 years then u need to bid again.
⚠️ education is expensive for non citizens, without government subsidies, or company paid for the expat family, it will be very expensive unless have own business.
⚠️ as medical hub, medical fee is very expensive, unless companies have group insurance for panel clinics n private hospitals.
For expats usually companies pay their needs to relocate here (even not 100% usually they negotiate first)
while for citizens government offered subsidy to buy first apartment. Gives Top up, subsidies n bursary for schooling children. Subsidies for seeing dr at polyclinics or public hospitals. Once my son see a doctor at clinic the cost $90+ because of given antibiotics, ifpolyclinic maybe $20 but the Q is long 😂
everyone have to save for their own retirement (CPF), have to pay own intergrated health insurance plan, mainly we are eating out instead of cooking, unless big family or with young children, but government build nice infrastructure and public transport, safety is top too, as you will feel safe to walk at night.
All i can say no free lunch in this world, but ifeel worth it to stay here. We can go other countries as tourist but i will miss Singapore again 🇸🇬😍
Wish Singapore the best 👍👍👍
❤️❤️❤️
look into these if want to 👀 into Singapore market index/etf 😊
$Straits Times Index(STI.SI)$
not investment advice, just for reference only.
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- MaudNelly·2022-12-03I'd like to all are expensive in SG so maybe not friendly for foreigners.15Report
- LuckyPiggie·2022-12-04thats rite . Everything is expensive in SG. Chai Png also very expensive , up 30%. The elites are the most expensive . Any subsidy or crap gst vouchers given , will be collected back with INT. [LOL] Tax keep going up , income keep coming down . Retirement ? is a myth in SG.10Report
- AndreaClarissa·2022-12-03ok so you leave SG now? Which country are you living now?13Report
- LuckyPiggie·2022-12-04talk abt medical. its a ponsi. Price were markup high than say give you discount [Facepalm] and worst of all , they give out cheap medicines esp to those pioneer and merdeka card holders. Cheap medical fee , pay by medisafe ? It is still Your money. [Speechless]9Report
- BerniceCarter·2022-12-03Hopefully i will have chance to go to SG next year.7Report
- iriscoffee·2022-12-05SG is very competitive country government need to work hard to keep all citizens happy is not easy too!2Report
- jgaldon·2022-12-05As a foreigner without expat package, I can relate to this post. Thank you. Either way, have always felt extremely lucky to be here and when it is over, then it will be a good memory for sure3Report
- JacQi.Q·2022-12-06haha. let's not forget, SG is also a FINE country... [Great] [LOL]4Report
- LuckyPiggie·2022-12-04good to know all well for you. Me listen to our elite , exercise more collecting cardboard now lor ... retirement job [LOL]3Report
- Ericdao·2022-12-04Be happy, stay safe, work hard but smart too. Government body needs to improve. [LOL]4Report
- Jijuan78·2022-12-05喜欢新加坡4Report
- romanc9·2022-12-05I think most people love to park their wealth here. You should know why? Consider quite transparent in terms of rules and regulations. If you are wealthy enough, you won't feel is expensive here.1Report
- Yckit2000·2022-12-05Inflation is affecting everyone and adds pressure to the cost of living especially in Singapore3Report
- Lizlms·2022-12-06Singapore [love you]3Report
- Susunehneh·2022-12-06Second hand is the way to go4Report
- DJ90·2022-12-05Nice little article. Good change of pace from everything else on here 🙂2Report
- LesterTan·2022-12-05Despite being the most expensive, it still attracts huge $ inflows as it’s a safe haven. If u r rich where would u park ur $ in this region?1Report
- blue sky·2022-12-05没办法改变环境,只好改变自己的生活方式。一切从简会过得轻松一些。该买的医疗保险还是得买。1Report
- Eng22·2022-12-05Indeed very expensive city. One had to work very hard to maintain lifestyle.2Report
- CET 789·2022-12-06[What] [What] [What]2Report
