Tag Archives: cost of living

IF COST OF BEING S’POREAN GOES UNCHECKED, SG MAY LOSE TO MALAYSIA

I was in Langkawi from 12 to 15 February and spoke to about 10 people about life in general. In particular, I talked to a taxi driver who had worked in Singapore for about six years before returning to Langkawi. He said although he earns much less now as a taxi driver in Langkawi - about RM3,500 a month - he is much happier.

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KOREAN SHOCKED AT HOW BAD S’PORE HAS BECOME AFTER 10 YEARS

My Korean friend got a shock when he visited Singapore after more than 10 years. He last visited Singapore in 2005 and was impressed with the efficiency of our public transport and good and cheap food. When he visited Singapore last week, he got stunned at how bad Singapore has become just after 10 years.

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4 LITTLE PIECES OF FISHBALL COST $1.20, HOW TO SURVIVE IN S’PORE LIKE THIS?

A reader messaged us to tell us that last Friday, she had visited the Food Republic foodcourt at the basement of Shaw House along Scotts Road. She went to a new stall selling prawn mee and had placed an order for a plate of fishballs which cost $1.20. When she received the dish, she was shocked to see that there were only 4 meagre pieces of fishball on the plate.

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HDB WANTS TO INCREASE MY RENTAL BY 37% AFTER ELECTIONS END?

In a sign of skyrocketing costs of living and business after this upcoming polling day, HDB had sent us a letter right after the election was announced warning us that they intend to raise the rental of our HDB rental unit by a whooping mind-boggling 37%! That’s more than one-third of our current rental and more than $700 per month! But that’s not all. It seems like the letter (see the attached) is a standard letter that is sent to all HDB commercial and industrial property tenants, so we are not the only tenant who is affected.

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HDB AFFORDABLE BUT WHY 40,000 HOUSEHOLDS IN ARREARS?

According to the TR Emeritus article “Khaw dismisses critics who feel housing is unaffordable” (Aug 22) – “For Sengkang, the situation is worse. 2-room flats are priced below ratio of 4, but 3-room and 4-room flats have ratios of 4.5 and 5.4 respectively. So, in fact, Sengkang 4-room BTO flats (ratio of 5.4) are considered unaffordable by the standards laid down by the World Bank and the United Nations.”

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ANALYSIS: THE TRUE COST OF LIVING IN SINGAPORE ISN’T THAT HIGH AFTERALL

So very often, repeatedly I hear people complaining about how expensive property is, or how expensive our cars are. It is true that our the ultimate quantum of our property is very expensive here, but so very often, people forgot to factor other things like interest rates, appreciation, education, child care, etc, which more accurately reflects the true cost of living.

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