Prices are always rising including gst but wages remains the
same throughout the years and we even have to compete with
foreigners who do not need to serve ns and are willing to accept
lower wages.
An average 3 or 4 room hdb flat costs around 300k.
With the average singaporeans salary of around 1.5k to 2k for a
diploma holder, 2k to 3k for a degree holder, you need to work and
slog for your entire life just to finish paying for that small
house of yours.
So you think its good to stay in singapore? If you work in
malaysia, do you need to work for 30 to 40 years to pay for a small
pathetic house to stay?
personally, i think that the example is flawed...
sure the flat cost about what is quoted, however, your salary
does not remain stagnant, plus there's the CPF contribution.
also one can choose to move, upgrade, or downgrade.
staying in Malaysia.... well, the best solution is to work in
Singapore and stay in Malaysia.
however working in Malaysia and staying in Malaysia, the problem
is not very different, cheap housing? perhaps, but low salary, and
no safety and security.
how many Malaysians have you heard of, coming to Singapore to
work vs how many Singapore have you heard of, going to Malaysia to
work....all on local payscale?