Quote:
Originally Posted by Happyman007
Salary man 50-100k if they can control spending is still better to be in Bkk as cost of living is cheaper and hope they can save more cash by renting out their HDB so they can invest in condo here......where can buy a sgd 100k condo in Singapore?
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Only some aspects of standard of living is lower than Singapore such as private transport and accomodation.
The rest is only slightly cheaper these days.
I can find better value with groceries shopping in Johor Bahru.
As for condo property nowadays in Bangkok no more value.
Want to buy better go for the super luxury ones.
Those good location ones smelly smelly S$500,000 for a 2 Bedroom unit.
Only those condos sitting on prime land the value can hold as will always have both local and international demand.
Don't buy those half baked neighbourhood condos as it will be very hard to resell in the future.
Yes I know it can be very cheap but resale value is lousy should you need to liquidate for emergency or move back to Singapore.
Quote:
Originally Posted by smile_santa
If and when i get to settle there, I will likely find a nice girl and quit my cheonging life so dont really need the high income to supplement that lifestyle.
I know college graduates in Thailand earn around 15k to 22k on average. Investment bankers and other more prestigious jobs obviously earns higher. And like you guys said they still can survive and lim kopi due to the relatively lower cost of living there.
I would love to save enough to afford a condo there though... Already looked at how much its going to set me back. But I'm targeting a monthly salary between 40-50k minimally as well or else really struggle.
Of course I can make more than that in Singapore but at the end of the day the cost of living here will set me back and with the additional work stress.
Basically I fell in love with the country (of course, the pretty ladies helps alot too) and a normal, decent lifestyle there will suffice.
My only concern is healthcare like bro TonyCheong mentioned. Being in Singapore I get to enjoy medical benefits.
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I know how you feel because I stayed in Bangkok for a period of time some years ago.
You are still in "Honeymoon" mode which I can understand because I went through it before.
My suggestion is not to buy any condominium but townhouse (foreigner ineligible).
However you need to buy under a company name.
Condos are in abundance but better off locals will always aim townhouse as have more privacy and free parking for multiple cars.
Quote:
Originally Posted by Happyman007
Travel or health insurance will help a bit, and usually if you're employ by proper Thai company they do come with standard hospital coverage but subject to local hospital so don't expect Bangkok hospital kind of treatment.
And if really facing more serious or long term medical issue, will be better if you fly back to sg with just 2 hours flight and enrol in our govt medical care.........that's one main reason (beside HDB rental income) why I insist not to give up my sg citizenship.
Private hospital care still cheaper in Thailand, but if need govt subsidy kind of medical treatment just go back to sg will be the best.
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I think there are more cons than pros if I stay in Thailand just because certain things are slightly cheaper.
We must look at the bigger picture also.
MEDICAL
With compulsory Medishield Life premium deduction from our Medisave.
Hospitalisation costs will be partially subsidised.
Bangkok public hospitals cannot make it man.
EDUCATION
With almost free education for your children up till Secondary School.
What for waste money to send your children to private or international school in Thailand?
Public schools in most Asian countries is cannot jalan one but Singapore public schools are very good one leh.
Many Ah Tiongs want to get into our public schools for a free ride.
This is our citizen privilege so don't waste it.
The savings from the primary and secondary school costs can be utilised for your children's higher education.
Which means you have more disposable income to travel and cheong 555.
LAW & ORDER
No need to elaborate furthur.
The bottomline is unless I can live like a King in Thailand or ThaiBev hire me as CEO or given a salary that I cannot refuse there's no reason for me to reside and work in Thailand especially if one has a family.