Wednesday, January 02, 2008

Cost living Singapore 2008

Cost living Singapore 2008 Jan
Cost of living in Singapore is increased and keeps increasing. The GST is raised from 5% to 7% percentage. This hike has direct impact in all the items including food, electronics, furniture, utility bills and etc. Another important thing is that house rent in Singapore is almost doubled across all the regions for all types of houses. Property prices are increased by 30% in 2007. Inflation is around 4.5%.

New comers to Singapore must try to get a good salary. The average salary will not be hiked more than 5% per year. Be smart and try to get a good salary.

Wish you all very happy New Year.

4 comments:

SudhakarM said...

Suruthi,

Nice to see this information from u, please tell me if SGD5500 is enough to stay and save in Singapore.

Please reply me in msudhakar07@gmail.com

Thanks
M Sudhakar

my blog said...

I guess yes sudhakar



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Unknown said...

Hi,
Is a Salary of 4000 $ per month enough to live and save in singaore.
Pls advice.

Thanks

Rakesh

Suruthi said...

Yes, I think so