I’m going through a bit of a dilemma at the moment. I’m in my mid 30s and just got poached for a job in Singapore. Everything is exciting and to obviously a great way to advance my career. But after sleeping on it, the offer seems less and less attractive. Although the 5.5k SGD sounds great after converting, the cost of living there is too high and not at all comparable to my current lifestyle. Not too bothered about not owning or driving a car, actually I’ll be happier not driving (KL traffic is a non-sensical nightmare).
Rent is my worry. Singaporean rent prices are so astronomical. Anything under 2k SGD and you’ll only be looking at single or master bedrooms. With tenant rules that to me don’t sound reasonable (only allowed to cook Maggie in the kitchen for example ). If you want a whole apartment to yourself, you’ll be looking around the price range of 3 to 4k SGD. and that’s most of my gross income already. There’s obviously the cost of everything else to factor in. I’m feeling like the offer would be more suitable for someone younger, who don’t mind toughing it out for a couple of years, then looking for a better offer. On the other hand, I’m worried about the frankly embarrassing performance of the current ringgit.
What do you think? I feel like I’m doing okay in KL, I could do much better to consider the move to SG. Or am I overestimating myself?
Rent is my worry. Singaporean rent prices are so astronomical. Anything under 2k SGD and you’ll only be looking at single or master bedrooms. With tenant rules that to me don’t sound reasonable (only allowed to cook Maggie in the kitchen for example ). If you want a whole apartment to yourself, you’ll be looking around the price range of 3 to 4k SGD. and that’s most of my gross income already. There’s obviously the cost of everything else to factor in. I’m feeling like the offer would be more suitable for someone younger, who don’t mind toughing it out for a couple of years, then looking for a better offer. On the other hand, I’m worried about the frankly embarrassing performance of the current ringgit.
What do you think? I feel like I’m doing okay in KL, I could do much better to consider the move to SG. Or am I overestimating myself?