Are All Singaporeans Rich? | Street Interview

[@AsianBoss]

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[@ramrengachari]

For the non-Singaporean viewers, cars are not a necessity, as the interviewers might mislead you to believe. It's a very very small country with a very efficient public transport system. Cars are more of a want than a need and can sometimes turn into a liability if you aren't earning enough to afford the monthly expenses. Also, there are much cheaper alternatives to 8 dollar lattes. We do have our own coffee culture and a cup of local coffee would cost under 2 dollars. You could get a bottle of beer at a local eating house for under 10 dollars or pay 20 dollars for a pint an upscale bar. You could get local noodles for 5 dollars or pasta for 10 dollars. So it's really about where you go and what you look for. But Singaporeans love indulging in the latest trends and of course that will be costly. Not saying Singapore is cheap but you can find cheaper alternatives when living here if you're willing to live a simpler live, which is still pretty decent. Edit: So many Singaporeans throwing a tantrum over the car comment. Needless to say, there will be people out there who absolutely need their own transport but for most Singaporeans, there are alternatives like car-sharing and ride-hailing services, alongside our trains and buses. Not being able to own a car doesn't mean you're oppressed or there's a conspiracy against you. There's simply not enough land nor the infrastructure to hold so many cars and traffic congestion is bad enough as it is, no need for it to get worse. Yes cars are expensive but not without reason.

[@juniorjr5328]

Limbei live in west. How accessible ? Go orchard also 1 hour plus

[@ryanehoo]

Actually to ask people questions like “Do you think you are rich” or alike will never give positive result because nobody will EVER say “I’m rich enough”

[@hiroyukishinichi9873]

@@juniorjr5328lan lan suck thumb lar

[@Johnne009]

Aren't citizens of a successful country supposed to be able to also enjoy its luxuries? Instead of scrimping and saving

[@Glide71]

​@@Johnne009what makes u think our cheaper alternatives does not taste better than expensive choices?

[@MelvinLee-v8j]

One thing I feel that most don't talk about is the fact that Singapore allows you to choose your preferred lifestyle. You can have simple lifestyles where public transport is affordable and readily accessible, hawker food and food courts are relatively affordable at $4 - $5 a meal and if you want to have a baller lifestyle, you've also got a huge array of luxurious restaurants and drive your own car. This is of course if you live within your means, i.e if you have a modest income you live a modest lifestyle. It's only a problem if you try to live outside of your means. Grass is greener wherever you water it - focus on improving yourself :)

[@lordherjules]

Touche.

[@harukrentz435]

Yes "allows" 😂😂😂😂😂😂

[@MoneywithEumi]

agreed

[@mickeysf9490]

Wow 🤩 so nice they allow you 🤣🤣🤣🤣

[@MrNamesNoMore]

Yes, it "allows" one to live a simple lifestyle. But if one wants to get married, have children, that is already out of the scope of a simple lifestyle that can be supported by a normal salary in Singapore. My friend that recently BTO is struggling with housing payments and has to pretty much forgo all leisure activity that costs money. At this point, we have to ask ourselves, is this the way to live? To merely survive? Oh and I have to mention, the housing payments that people are struggling with? That house is on a lease that only lasts for 99 years tops, so forget about intergenerational wealth transfer for the average guy and gal with the average salary. This is how my government keep the average people under the thumbs to continue slaving for the GDP growth they so crave.

[@yea8393]

As a broke singaporean poly student, answer is 'No'. But that being said although our house and cars are crazy expensive here, at least our daily necessities like food and public transport are still quite cheap as compared to many other countries. You can still live in singapore comfortably if you opt for the cheaper options like dining at hawker centres or food courts instead of restaurants.

[@Steven-qs7zp]

Our transport is very expensive, starting fare for bus is $1. Our food is not cheap, coffeeshop selling $8-$9.

[@eugenelim8469]

@@Steven-qs7zp brother what kind of coffeeshops are you going to

[@Steven-qs7zp]

@@eugenelim8469 coffeeshop at HDB estate.

[@itsmz827]

@@Steven-qs7zp Bro my local coffeeshop selling food at $3-$5 oni

[@Patroclus27]

@@Steven-qs7zp our public transport is very cheap What are you on. It’s like on average $2.5 each way. My bus to work from west to cbd is $1.67 to $2.50 each way. Depends if I take normal bus or city direct bus

[@darkbluemars]

As a regular tourist in Singapore, I could live off from their hawker centres. Their public transpo is so efficient too and pretty much most parts of it are walkable.

[@marvint480]

Simply because you are tourist. If you do it for long term. You’ll get tired of it

[@tl1533]

@@marvint480 I am tired already.

[@krollpeter]

Public transport is said to be one of the best in the world. But if you do not come as a tourist, and if you really depend on it, it's not always the beautiful heaven as it seems. When it is raining, for example. Or from my place to T4 at the airport, 1:40 h, with luggage ... hmmm. Or imagine buying grocery with two small kids in tow. And because the rents are increasing to intergalactic levels, things can get difficult for small businesses. For example, many food stalls at popular places have to close now. They simply can not pay the rent anymore. Someone who has to pay 10,000 $ rent has to cook a lot of plates food before he starts to earn for himself. And as we are on it, I really regret the downfall of all these Mama-Papa stalls with their often individual delicacies. They had been replaced by food chain food. Last time we paid 23 $ at a so-called economical rice stall. There was nothing special on our 3 plates. A single room to rent is at least 800 $, not in the center but in an area such as Bedok. How they want to encourage young couples to marry with current housing prices is a mystery to me. I feel many businesses have used the opportunity "covid" for cranking up their prices unreasonably.

[@dypra1234]

​@@marvint480 Public transit and walkable cities are dull?? Well, so do people who live in car centric places where driving is the only choice to commute.

[@juanagung9973]

​@@marvint480you think it's dull because you are living in that kind of society since the day you are born, as someone who live in the car-centric nation i beg to differ.

[@swirlycanvas1991]

As a Singaporean, I don't think the interviewees went into enough detail about our extensive public transport system (so you really don't need a car), cpf schemes (that help afford public housing/medical bills) and cheaper food alternatives (if you don't want to spend $8 on a latte). Not saying their responses aren't an accurate reflection of the situation, just felt they left a lot unsaid.

[@okaydoubleu]

I agree. The so-called rankings are very generic, assuming most families own cars, singles rent or buy houses etc. I felt the locations of the interviews can be more varied. Go to the heartlands, business districts, parks etc.

[@rosidahariff2365]

SG as the most expensive city is based on expatriate lifestyle. How expensive SG is depends on individual choices. Some can survive on $1.5K. For some $10K may not be even enough.

[@deahborhan8794]

I totally agree.

[@uwet.8826]

Probably due to the questions asked.

[@musemellow]

well, they weren't asked how good Singapore's public transport system is. That wasn't the question.

[@lecherhao86]

Quite a bit of misinformation in this video which I would like to correct. By the way, I'm just a local in my mid 30s, with an average salary and I have two kids. So that's my context. 1) You don't need a car to survive in Singapore. Our public transportatiom is so good that cars are just luxury items. Though person with physical disability or families looking after a person with physical disabilities might argue that the expensive cost of a car is affecting them. That's true and government will probably have to look into that. But otherwise, only the rich will own a car. If you do not have a good 10k salary, just don't fall into this trap and you will be fine. 2) Most government houses are not 750k. That's exaggeration. You can get a 3-bto in a non-mature estate for less than 300k. And I live in one. And a family of 3 to 4 max can still fit in there. Youngsters who complain about houses clearly do not know how fortunate they are because they can use their Cpf to slowly pay a house that are appropriate to their income. If you want to show off and get a big house, and face alot stress to afford the loan, then your own stupid problem. Young people have aspiration, but they are clearly over their mind to go for 750k housing if their pockets are not deep enough and still complain. That's poor financial planning. 3) We clearly do not have the rights to complain about the rising food cost if we are willing to pay $8 for a bubble tea when we can in fact bring our water bottle along. People are just having their priorities wrong when they go for expensive cafe hopping. I eat almost 6 days a week at Hawkers and food courts. They are still affordable by all measures. Just don't dine at restaurants and you will be fine. 4) Lastly, the responses are just so skewed towards the interviewer bias.

[@Steven-qs7zp]

1. Car is not necessity but is a status in Singapore. 2. Below 300k is very rare don’t bluff. 3. Coffeeshop already selling at $8-$9.

[@watchtherapy1068]

@@Steven-qs7zpbetter a info than the guy saying hdb are literally a million dollar right?

[@Steven-qs7zp]

@@watchtherapy1068 Resale HDB is selling more than one million dollars

[@fancybaby1233]

1)Car I agree you do not need it in SG 2) yes of course you can get a 3 rm BTO flat with 2 bed room. But think about it that is if u marry young and is eligible to buy BTO flat. Does that mean you expect people to fall in love for the aim of buying a flat? Singles or people who don’t plan to Marry early will only have to wait till 35 just to get a BTO 2 room flexi which only have 1 bed room. At this I know many “young couples” are getting BTO just to flip money after MOP I guess u r one of them. What if they wanna get married after and settle to have kids they already wasted the first BTO chance. All because the govt don’t allow them to get any BTO more than 2 room flexi. Else people will just have to get resale which minimally is high 4 or 500k in a non mature estate. 3) what r u eating at hawker and foodcourt? $8 for a latte is a splurge I understand but doesn’t mean eating at a hawker or food court is cheaper. Hawker fishball noodle easily $4 Foodcourt $5 3 meals a day everyday eat fishball noodle ALSO $12 to $15 a day. That’s easily 50% more expensive than pre covid. Coffee kopi o was $1.1 now $1.6 that’s 45% more. How can you don’t dine at “restaurants” you have no friends to meet up to chill and have fun is it? 4) you are so skewed to your own opinion and your sad friendless life.

[@lecherhao86]

@@fancybaby1233 I know you are trying to get your points across but don't do personal attack. That's not cool at all. 1) If I wanna flip money, I would have gone for the bigger bto at mature estate. I will stand a much higher chance of selling at million dollar. Currently, I make a smart and conscious decision to go for a 3-room bto in non-mature area. It wouldn't sell for much in future but I don't really care because I'm not using my bto to flip money after MOP. So you are wrong to say I'm one of them. And for those who wanna flip after MOP, they aren't wrong to do so. But they should really consider whether they have such a deep pocket to begin with to pay the loan for the next few years. If they are struggling, that means they aren't doing smart financial planning. It's only their fault for spending beyond their means. As for getting a resale, why can't they go for 3 room instead of 4 or 5 room? 3 room probably resale at 300+K. The fact remains that our housing aren't that expensive if you plan carefully. 2) I agree restaurants get really expensive. But you don't eat at restaurants daily. You also don't meet your friends daily. Even if you have so many friends, both parties can make a deliberate effort to meet up at cheaper cafe or even consider the coffee shop then go to public space to continue the conversation. It's up to how you plan the outing taking into account everyone's budget and comfort level. Maybe I'm mid 30s already so the people around me really know what matters more- food or the people?

[@pgrossmsk]

The last guy quote , ( If you can make it in your own country , you don't have to leave your family for that ) . That is some wise words :)

[@heidi-hu1tv]

Unfortunately, most Singaporeans who can leave, in fact, actually do. 3.9 million Singaporeans, 300, 000 are living abroad and not just working.

[@AyeshaAdam850]

That's the truth.

[@RevivalFire1]

He had the best answer of all. Then they purposely ended his answers.

[@malasito90901amea]

its obvious right?

[@Suj765]

Vinland

[@miko7183]

Me as an Asian foreigner working in SG for 10 years+, at first my salary is $2.2k and i spend on room, food, transport still can save 1.5k. 3 years ago before covid, my salary was $3.5k and my room rental increase, transport, food increase and i am still saving $1.5k which is quite low. And I don't spend on luxury things and clothing. I just spend to live only. the salary is not much and the work load is too overwhelming. Like a staff work load in SG equal to 2 or 3 staff work load in other countries. Now I decided to go back to my country after 10 years because over work consume me so much until I feel like living is no better than dying.

[@lifeentertainment1091]

sorry to hear that ,i knew this will be coming during covid because our government gave us alot money so after covid is over they will do alot different thing to take back their money

[@penguin0101]

Which industry and what role were you in?

[@miko7183]

@@penguin0101 Finance

[@lyhs0219]

​@@lifeentertainment1091what do you mean by a lot of money? Did you receive 1 million from the Govt?

[@angelsub9184]

​@@miko7183which country are you from? Did you get PR?

[@thetravelingteacher1001]

I used to live in Tokyo , once the most expensive city in the world years back. I visited Singapore once this year and I could say considering the inflation, SG is quite high

[@hengjessica5930]

I went Tokyo last month, I realised that cost of living in Singapore is higher than in Japan. Most of the things in Singapore are getting more expensive.

[@SharapovaFan]

Tokyo's way seems way cheaper than Singapore tbh. Food in particular is much cheaper, both the groceries and eating out. Many employers also provide like an unlimited ride ticket for a portion of the route of the train/subway/bus to and from work, as well as other benefits that are normally out of pocket for Singaporeans. Then again, the average salary of a Tokyoite is probably lower than a Singaporean's.

[@QdosTamsiz]

If you have a willing to give urine / pangsay water to anyone's food, thats mean Allah wants your destiny to be Satan slave be prepared to become smelly, dirty, ugly, poor, and disgusting,buy anything Verry expensive ,buy food expensive but not delicious.(Ghoib debt)

[@vincentwei9869]

@@hengjessica5930 salaries in tokyo also much lower and taxes much higher la

[@dkj6946]

Try interviewing the middle aged, especially who has started their own family, if you ask the young they usually share what they think, they hear, and I don't believe they would be the best to give opinions in managing finances

[@xDCloudStrifexD]

exactly, the lady who said she wanted 20k-30k to live comfortably in Singapore is clearly on a very expensive lifestyle

[@awkwardsmile]

I think the most accurate was the lady in pink. Which is what the original commenter was talking about. The lady in green who says 20-30k obvs don't speak for the rest of the locals lol

[@shemteo5010]

Absolutely agreed. As a Singaporean I feel the responses are skewed, limited and not a holistic depiction of Singapore unfortunately due to the limited demographic of participants (done within orchard road only and mostly focusing on youths who have limited experience in managing finances as what the original commenter said). One of the poorest interviews by Asian boss I have seen.

[@WTiDeadlyfury]

​@@xDCloudStrifexDtypical singaporean woman. If its easy and normal to make 20k then everyone will make 20k and the real income value will drop

[@Steven-qs7zp]

@@xDCloudStrifexDIs not an expensive lifestyle, if you are not earning $20-30k how to afford a car in Singapore? How to afford to buy a condominium?

[@AndorranStairway]

*All* Singaporeans are rich, relative to the people of many other countries. You could be homeless in Singapore, and you’d still have access to free sanitation, clean water, free food, and government assistance. A poor, homeless person in Cameroon would KILL to be a homeless person in Singapore. While people in other countries are fighting for survival, Singaporeans are complaining about the cost of cars. Yes, Singapore has a high cost of living, but it also has a high quality of life. Singaporeans really need to take a step back, look around the world, and be grateful for what they have instead of always looking for something to complain about.

[@hiroyukishinichi9873]

Amen to that bruv

[@ravenous9577]

no matter where you live, people will always be fighting for more. i dont think that is a bad thing.

[@loudcatcher13A]

That's right. I've even saw some videos on YT on how there's an organization or something like that helps or persuade homeless ppl off the streets and offering them homes and such.

[@loudcatcher13A]

@@ravenous9577 when you are already comfortable living in a prosperous country and still wanting more...I get it if someone comes from a developing country and wanting more

[@kewtheii6764]

yalo... I listening to them complaining about bubble tea costing S$8, your neighboring country here earn about the same or less than sgporeans if you don't convert, and our bubble tea costs what, 14? Mixed rice at 8-10 minimum unless you're vegetarian. Only difference is property here cheaper. But we take 6 months to save for luxury goods, sgporeans 2 months enough le...

[@sleepandrelaxation3395]

When the interview is conducted along Orchard Road, I suppose all the interviewees are within a specific demographics. Locals of lower income bracket will never get interviewed because they are much less likely to be walking along Orchard road. The questions are also very biased and subjective. Whats the point of focusing on Car prices just because it is expensive? Cars are non-essential in Singapore, you can easily travel on public transport and reach your destination within 1 hour. Housing rental is also more for foreigners, most locals does not rent. Either living with parents or buy their own apartment (which is comparably cheaper than most other major cities). For other essentials, such as food, it is also a very subjective matter. It is reasonably easy to get a decent meal within 5 USD in Singapore. This would be near impossible with any comparable City in developed country (such as New York, Tokyo, Hong Kong, London). Similarly, public transport is also within reasonably cost again, in comparison to other major cities. Outside of houses, transportation and food, one other major factor to consider is taxes. Which was never brought up. All those rankings in the reports are specifically for Expats, this was also not brought up. I like this channel, but the journalist really need to do better homework.

[@juniorjr5328]

I cannot travel anywhere easily within one hour… Which planet u from? U live in prime central area isit? I go anywhere from the west to orchard also over 1 hour

[@Johnne009]

Half of them don't even sound local!

[@zabeh._8936]

@@juniorjr5328 you can travel to most places in sg within an hour or max average is 1.5hours. For example, woodlands to tampines is about 45mins only... Tampines to bishan is also around like 40mins. The strange thing about SG transport system is that you can travel to many far places within an hour but for some reason you will take almost the same amount of time to travel to a place like half the distance (like woodlands to pasir ris is quite far but it takes like 1h but pasir ris to bishan which is abt half the distance is also about 40mins). Ofc excluding like all the ulu places ah or places got no highway connect or cross country distances

[@Steven-qs7zp]

Can you name me which country is selling more expensive than Singapore government subsidized flat HDB which costs more than one million dollars?

[@lecherhao86]

​@@zabeh._8936my family of four live in a less than 300k 3 room bto in non-mature estate. Houses aren't that expensive. It depends on whether you stay grounded or you decided to live beyond your means and end up feeling so stressful having to repay the loan till you are 55.

[@Isabelleyri]

I lived in Singapore for 1 year (2015-2016) I never needed a car. You can take public transport everywhere. Their system is so efficient. I rented a room at an HDB and it was walking distance from the MRT. I only paid around S$850/month. Food is super cheap if you eat at a hawker or maybe cook at home. I earned about S$4k a month. I survived and had extra money to eat out with friends, travel, and fly back home (to another SEA country) a once a year. It really depends on the person's lifestyle and if single/married.

[@nouramy4038]

What you r describing is college student life

[@Isabelleyri]

@@nouramy4038 nope. I was working full time. I was a research assistant at a university. Work was regular 9-5, off on the weekends.

[@harukrentz435]

@@Isabelleyri you might be working but youre living a college student life.

[@Isabelleyri]

@@harukrentz435 what do you mean by college student life? I have a hard time understanding why you guys are saying that. Is it because I was single and didn't have children?

[@w0sHig0d]

@@Isabelleyri i think what they are trying to say is that you have no liabilities here in sg, no other obligations here. perhaps you might feel the brunt of things if you stayed for maybe say another year or two. you might probably feel the burnout then and question whether you are living or just merely surviving.

[@Cyeri2806]

I work with SG company, but I live in KL. I did some of their payroll, and I can see the average people in my company earns more than sgd5k (they all experienced not fresh grads) the highest one being sgd30k per month. I went to SG few times and felt the expensiveness due to currency rate. It also make me more grateful that where I live, I got to own a car, live in 1000sqft apartment comfortably, with no financial issues.

[@a__asnow6402]

I think cannot compare receiving SGD salary and buy house and car in SG neighbouring country. With salary in SGD of 5k probably can buy 3 Banglos in Philippines.

[@uwet.8826]

Quantitative speaking, based the relative cost of living against salary, it is lower in Singapore compared to KL, said so by this Malaysian. Except for transitory runaway rent, the rest are still relevant. kzbin.info/www/bejne/q4qQlJWMgseBd6s

[@EVL-xj5vc]

Can I know what industry that is?

[@fcfhkmelb]

You are forced to own a car in KL because the public transport over there is bad. Why would you want to drive a car when public transport can take you almost everywhere efficiently?

[@shukriramlee]

@@fcfhkmelb No, public transport in KL ain't that bad. Despite, Malaysian public transportation across the nation overall still ranked top 30. In Malaysia, people have choice neither to use car or public transport. Since using bus take your time up to 30 minutes (too many stops and routes), car only take you 5 minutes for the same destination.

[@qly2032]

Actually mrt and buses in sg are really not that bad as compared to transport in other countries. I used to study in Australia and you really need a car there. Bus timings are often unreliable (sometimes they just don't show up), long waiting times (if you miss one, you may have to wait 30 mins, the travelling time is much longer than cars and some places are inaccessible via public transport. I used to complain about my long travelling time in sg but recently I took a grab share and it took like the same amount of time as the mrt. The cost is 14 times higher though. So I got to say mrt and buses are really not that bad. Especially when you consider that in sg, cars are more of luxuries than necessities and cars are less environmentally friendly.

[@juniorjr5328]

1 hour plus to take public transport to go orchard road

[@CCPLord]

I like that, it can even be free and funded by COE. How about taxing a toyota prius 20million for 10 years usage...? Surely that can fund the public transport

[@uwet.8826]

​@@juniorjr5328the masterplan is 45 mins, give LTA some time.

[@fcfhkmelb]

@@juniorjr5328 That seems to be the worst case scenario. Most people do not need 1 hour+ to get to Orchard Rd

[@juniorjr5328]

@@fcfhkmelb lol. Worse case… u don’t live here don’t comment

[@Amaling]

Cars SHOULD BE back-breakingly expensive to purchase in Singapore. The city at its current area and population simply would not function if privately owned cars were more accessible. Good on the Singapore government, now as for the rest...

[@vitoscaletta3202]

Cars are just for rich-flaunting and impressing girls in Singapore. You dont actually need a car at all in Singapore. The public transport is too well connected

[@ayannadivineempath]

Yeah and it has outstanding and accessible public transit.

[@HyperspaceHoliday]

Other cities in the world seem to be able to operate fine without restrictions on car ownership. Is Singapore so badly managed that they would be unable to cope with reasonable car ownership policies?

[@hejiranyc]

@@HyperspaceHoliday Singapore is a tiny island nation that is about 30 miles across at its widest. If everyone had their own car, Singapore would just be one big parking lot.

[@ErvanJabbar]

@@hejiranyc yes , most people forgot singapore size

[@willywoo8715]

We all struggle these days as the quality of life keeps decreasing worldwide but the struggle means something different for each of us. For people in poorest countries it is difficult to afford food to feed their families, for upper developing or developed countries like UK people struggle to pay their heating bills and for the richest countries like Singapore the issue may be not buying a car or not being able to afford holidays.

[@Erikkurilla01]

Heard many good recommendations about Stephanie Kopp Meeks by some YT channe|s, Seminars and other platforms.

[@peterlim1972]

I do feel sorry for today's young generation. In my time 40 years ago, l live happily with $600 a month. When I got married when I was 30, I bought a 5 room Model A flat for $99, 900. It was big too at 120 sm. A 2nd hand car costs less than 10K and a new one is above 20K.

[@nickng3864]

Thanks for the mistakes that people made every 4 years since 1965.

[@y3y13]

Being a Singaporean in late 30s, working for many years, I find some (repeat some) residents in Singapore are getting really pampered. If you want this and that, and everything else, of course money and time is never enough. It is all about planning and priorities. If you want a comfortable job with minimum OT, live in a condo, own a car, hold a instag worthy wedding, Europe honeymoon, buy LV, have two kids in top notch childcare and branded tuition, regular weekends cafe hopping, and then yearly family holidays flying by SIA... 😑 Then money (and time too) is never enough. Unless you are born as 2nd generation of rich family, every average people has to work hard to live the lifestyle they want, and also sacrifice on certain things in life too in exchange for that. Don't always just see things on surface, instead plan and get your own priorities right. Most average people do not have the best of everything in this world. It is all about sacrifices and taking priorities. Be practical. We are talking about living, not splurging.

[@PapuaKini]

Hear, hear.

[@bell-xk5dd]

Well said 👍👍👍

[@heidi-hu1tv]

But you do it for your politicians? The Singaporean taxpayers pay their politicians the highest political salaries in this world. That`s a fact.

[@angelsub9184]

So, how much do you need to afford that kind of lifestyle in Singapore?

[@christopherlaw9184]

Based on this video title “ARE ALL SINGAPOREANS RICH?”, answer is NO. Not ALL Singaporeans are rich 🤑 But there are many well-to-do Singaporeans. This interview group segment is so wrong. Wrong demographics.

[@stevenlim9640]

80% lives in HDB , eats in hawker centers

[@christopherlaw9184]

@@stevenlim9640 Correct. 1 interviewee said HDB 2-room purchase is about $1,000,000,00, he thinks 🤦🏻‍♂️

[@yennehoo7746]

@@christopherlaw9184 😂

[@Steven-qs7zp]

Sure or not? More than 80% is living in government subsidized flat HDB?

[@huaiwei]

@@Steven-qs7zp according to statistics, yes. assets.hdb.gov.sg/about-us/news-and-publications/annual-report/2022/ebooks/Key%20Statistics%20FY21.pdf But of course you do not believe in anything official.

[@yennehoo7746]

I've been hearing too many people complaining SG is very expensive to live in. But hey, it definitely depends on a person's lifestyle and income level. If the income is below S$1500 for a single person but needs to rent a place to stay and eat out 3 meals a day, then yes, this is definitely not enough in SG. High-income earner who takes home S$20k per month with single source of income, living in private housing (be it condo or landed), driving a luxury car with kids studying in private school, frequent "atas" restaurant and high-end shopping habit, $20k seems too little to go by as well...

[@juniorjr5328]

Ya we have two years military mandatory. While work force we are the minority

[@Johnne009]

A truly successful country is such when even the poorest of its people can enjoy the country's luxuries

[@Steven-qs7zp]

Are you sure $20k, can buy $10 million landed houses and $500k luxury car, children studying in international school which is $30k per annual?

[@hejiranyc]

Someone taking home only $20K per month is not going to have a luxury car AND a private house AND kids in private school AND a high-end shopping habit. Maybe one of those things, but not all of them. I have to say... as an American, I had assumed Singaporeans were wealthy, but all of the people featured in this video would be considered lower middle class in the US.

[@htin08]

​@@Johnne009 Rip-offs are not luxuries.

[@MsEverAfterings]

Singaporean here. I wouldn’t say I am rich but I am comfortable enough that I can go to the supermarket and shop without looking at the price tag. Even when I eat out, I don’t really look at the prices. But I wouldn’t buy luxury items as they are not something I need (and for these items, I would look at the price tags).

[@peirongchan7565]

Please share how much you earn to be this comfortable enough to not look at the price tag??

[@sdqsdq6274]

@@peirongchan7565 lol, dont see price tag , rich dude

[@G2H_HellBringer]

It's the same experience for me. I'm no HNW individual, but I don't penny pinch either. If I like something, I buy it and that's the end of it.

[@mamemo359]

I think you are rich. XD

[@skull_lee]

​@@sdqsdq6274that's really rich

[@CameronFussner]

The Asian bling or display of wealth seems to be the most elaborate of all races. It's mind-blowing sometimes the extent they get to

[@Bellaelena549]

Absolutely! I mean, have you seen some of those mega yachts and private islands they own? It's like they're living in a whole different world.

[@CharlesArthur-fq5sx]

And don't even get me started on their custom-made supercars and designer wardrobes. They definitely know how to flaunt their wealth.

[@williamDonaldson432]

Annette Marie Holt she’s known for her assortment manager and holistic approach to financial planning of high-net-worth individuals , considering factors like income, expenses, and long-term goals. she's been making some serious waves in the industry

[@foreverlaura-fq4eu]

@@williamDonaldson432 Oh, I know Annette! She's incredible. I've seen testimonials from people she's helped, and the figures are mind-blowing. Some of her clients have seen their portfolios grow by over 50% in just a year

[@Franklin-gq4si]

@@williamDonaldson432Oh, I know Annette! She's incredible. I've seen testimonials from people she's helped, and the figures are mind-blowing. Some of her clients have seen their portfolios grow by over 50% in just a year

[@dominicperez3777]

Glad to know we New Yorkers aren't the only ones experiencing a cost of living crisis and financial struggle lol.

[@silverchairsg]

Who isn't man?

[@gangstagummybear3432]

It isnt just New York my friend, we are all experiencing the insane cost of living bs increases in the US, it isnt just New York San Francisco and LA; everyone.

[@silverchairsg]

@@gangstagummybear3432 The whole world even. I'm in SG and the cost of living has hit hard here, and the whole region. Probably only the Arctic and Antartica aren't affected.

[@OntologicalShock777]

​@@silverchairsgin KSA, there's no fee for rent because the accommodation is free including electricity and water for expats.

[@gangstagummybear3432]

@@OntologicalShock777 Where is that?

[@lawrence208]

Rich is relative. Everybody and their mama is going to have a different perception of what it means to be rich, wealthy, have a lot of money, etc.

[@nichcheam]

There is no need to buy a car in sg, public transportation is superior.

[@Josephlimk]

Your team should try to interview those in the low income group and those in the middle age group. You might hear a different story. We cannot compare the price of our HDB to other countries for one simple reason. Our is public housing while houses in other developed countries (which we should be comparing to) are private ownership. That is something even our government will not mention when they compare the prices of our HDB apartment (both directly from HDB or in the open market) to the prices of houses in other development countries. Likewise, the value of our cars are also inflated because of the COE. Is majority of the population having an average income of S$5k? Maybe if you consider a household with both husband and wife working. Single income earners? Depends on how long they have been working and in what kind of industries.

[@nil-xp8gt]

tbh those they interviewed sort of considered in the lower income group already no meh

[@stephenwang9567]

When worldwide debt collapse Sg housing bubble will burst. Massive unemployment. Blood on the street. It's coming

[@_graiderz2462]

​@@nil-xp8gtno...

[@XerXens]

@@nil-xp8gt if you think the interviewees salary are considered low income then i dont know what else to tell you.. low income groups can barely make up to 3k a month, sometimes even less than 1k

[@quiksilver0000]

Apart from the HR lady with the astonishing salary, most are very accurate. The average is $3k-$4k for non freshmen. Yes there are low income individuals that make around $1.5k (mostly F&B, waiters, odd-job workers, domestic helpers) but I don't think these are majority of singaporeans? The group I mentioned are mostly foreigners. Also note that the interview was conducted at Orchard/Somerset, where you can only find $8 lattes lol

[@shinnalim-oehms8525]

I am a Singaporean and have studied and lived overseas for the past 8 years. Comparing the quality of life I have abroad as a family of 3 in the city of Hamburg in Germany, it costs us less than 3000€ a month to rent a 90sqm apartment in the heart of the city, full organic groceries, full time childcare, and owning a car (which we don’t need). Education (up to PhD) and childcare is free, delivering a baby is free and all the other unpredictable high costs that comes because life happens are usually already tabulated into the taxes we pay. Yes taxes are high, almost 50% but what we take home is what we can save and I find there is barely a need to save for rainy days. I would love to move back to Singapore to be with my family but cannot imagine how I can - it is impossible to afford to rent a place for my family and maintain our quality of life! HDB is out of the question because having worked overseas, we have no CPF contribution and our gross family income probably exceeds the HDB eligibility ceiling. I think many Singaporeans want to come back and contribute but it is simply financially not feasible and there is sadly no route back.

[@scbchong6964]

If your gross family income exceeds the HDB eligibility ceiling, why show off? HDB BTO is public housing for the young and less well-off. I am sure your singaporean parents benefited enough to give you a good education to fend for yourself.

[@Steven-qs7zp]

@@scbchong6964Don’t BS, Singapore government subsidized flat is skyrocketing, BTO already 700k+.

[@scbchong6964]

@@Steven-qs7zp Hey stupid, grumbling citizen, after all the generous subsidies and grants, not $700k lah. But anyway, that is prime location unit. And there is also Means Testing so that high-income citizens not allowed to grab from the "poor", hor. btw why you demand your pay increase high high but only want to pay cheap cheap and buy poor quality stuff?

[@paulinetan4502]

Hi Shin, for resale HDB in Sg there’s no income bracket and you can definitely still live within your means. ☺️

[@0ozmichka0]

Germanys finances are not doing so well these days, you’d better consider starting saving lah…

[@Patroclus27]

My cab has never gone above S$60, ever. So idk what that guy is talking about. If it does happen, it’s not frequent at all. I should add that my cab will usually be around the $25 to $40 range

[@clarencechua8346]

That guy is on crack. 4:55

[@huaiwei]

Obviously surge pricing on Grab from some very popular night spot on special occasions, as he mentioned after drinking until 3am. That is hardly representative even at 3am. 🤣

[@Toffeeukeeeeee]

Maybe just that one time during NYE countdown, yup, I have experienced $150 grab. But that’s rare..

[@huaiwei]

@@Toffeeukeeeeee exactly. Major event + post-midnight + rain + going from downtown to home will likely see that amount. But that requires a combination of all those factors first, and is hardly common.

[@romeosng9266]

I'm gonna be honest here, in Maslow's hierarchy of needs, the most basic need that a human requires includes shelter; which is housing, and if housing is extremely expensive, there's no need to talk about anything else. Even if transport, food, .etc is cheap, if you're struggling to pay for shelter, it still means that it's expensive to live in SG.

[@nikkikhooniqi]

We have BTOs that costs 300-450k for a 3-4bedder, housing subsidies and CPFs to help pay for down payment. A couple with combined income of 5k can own a house here, no one is truly struggling though people out there keep complaining. Yes, can be a stretch, but spend within one’s means will do.

[@Timholle]

How is housing even expensive?! 😂 98% owns a house here bruh. If you’re the 2%, you only gotta ask yourself why’re you in that situation lol

[@birbshid]

​@@Timholle I bet that 98% (which it isn't) includes people who live with their parents because they can't afford to move out lol

[@Timholle]

@@birbshid gotta ask themselves why they can’t afford a house when many can

[@SHxxxxT]

The interview was conducted in a way that the questions were asked and the respondents had to answer almost immediately hence there was little time to think. There were also a number of questions asked where they edited different snippets afterwards. I feel that for SG people can choose different tiers of living, eg property (Subsidised government housing or resale, condo, landed at city fringe or city centre?) and food (restaurants, coffeeshop, hawker centres). Some respondents talk about prices that are in the higher end. However as a local who tries to opt for the economical options, I find that even hawker food prices have risen a lot post-pandemic. For those who mention people could choose cheaper housing in the areas further away from the city, some also rather opt for convenience to be near their work place so they can do overtime 😅. Personal experience that it's really not fun to change 2 trains and 2 buses just to get to work daily cos of where I stayed.

[@Zebiuiui]

I earn about $5k and I save about half my salary, I don't drink much alcohol, don't plan to own cars, don't plan to have children, don't plan to have a wedding, eat out at restaurants only a few times a week, only buy second hand clothes and never buy branded clothes and bags. I drink $8 lattes once in a while and splurge on holidays, and my hobbies are guitar and running. I'd say Singaporean life is cheap if you don't live to show off on social media or compare with your friends and family members.

[@lasvegasnevada7514]

Me too.. my net pay is around $4500/month working as an nursing assistant. I live with my parents and do not pay any rent, bills etc except for my car. I don’t splurged on anything. I bring my own food to work. But still, $4500 is still pretty low living in Vegas as the inflation here is pretty high

[@darcos-i6s]

@@lasvegasnevada7514 modern salaries in US are like $8k-16k, it's rather decent, normal salaries. If you are a good specialist, then earn $20k-40k-80k per month. If you have less than $8k monthly, then you are poor in America, and the most part of americans are poor, yeah

[@ambition112]

0:38: 💰 Singapore is one of the world's most expensive cities with high living costs and salaries ranging from 2.8K to 6K SGD per month. 6:45: 💰 Renting and buying houses in Singapore are expensive, and buying a car is also costly. 12:49: 💰 The cost of living in Singapore is high, with expenses varying depending on individual circumstances and family size. Recap by Tammy AI

[@kylim2704]

As a singaporean, dont rlly agree with them. Most singaporeans buy a HDB house which is public housing and dont rent because our public housing market is controlled heavily by the govt which is actually rather affordable if we compare it to buying apartments or renting in other developed cities. Rental and private propert market is a free market which is why the prices as discussed in the video would take up quite a percentage of average salary. I think for owning a basic HDB apartment it would take roughly $1.5k to 2k monthly morgage which split between a couple would b rather affordable. I know many couples with combine salary of around $7k buying HDB BTOs. I think some of the interviewees as well as many of the youths are not that informed about subsidies or system for BTO because they have yet to try to apply for BTO or are single and too young to apply for BTO so they dont understand the costs and process.

[@Steven-qs7zp]

One million dollars plus HDB is it cheap?

[@kylim2704]

@@Steven-qs7zp lol thrs bto at 350k no bto is a million dollar resale maybe but thrs also cheaper what

[@jen5138]

@@Steven-qs7zp resale not bto. Bto is made affordable.

[@XZ_B94]

I don't understand why people talk like BTO is a guaranteed option. I know quite a number of couples who tried balloting and didn't get? How to wait so long esp if you're older?

[@kylim2704]

@@XZ_B94 usually chances r high for less mature estates, with ballots usually meeting the supply but many people try for the better areas in hopes of gaining a lot when selling in the future (from my recent experience with BTO) so if u r willing to settle for Tengah and not try Kallang, your chances r vry high. Also usually less mature is much quicker. Otherwise resale is okay too, maybe 600k is a good budget which i think compared to many developed cities, is still cheap. I hav talked to french living in paris, chinese from beijing and shanghai and they all think our hdb is vry affordable compared to where they r from

[@favideos3699]

*I like what the last guy said about appreciating what I've got, work, staying with my family, and making it here in PH, I'm blessed.*

[@ambition112]

0:15: 💰 Living in Singapore is expensive, and while some people earn above average salaries, many still struggle financially. 3:16: 💰 Singapore is a safe and stable country, but many people face challenges due to high cost of living and income inequality. 6:45: 💰 The cost of housing and car ownership in Singapore is very high, leading many people to live with their parents and rely on public transportation. 10:14: 😫 The high cost of living in Singapore has led to increased expenses for everyday items, causing individuals to make cutbacks in their spending and work additional jobs to afford their standard of living. 13:21: 💰 Singaporeans feel the need to earn more due to high expenses and rising prices, driven by factors such as scarce land and strong currency. 17:00: 🌍 The speaker is considering moving overseas due to rising costs and stress in Singapore, but also acknowledges the benefits of staying. Recap by Tammy AI

[@peirongchan7565]

Thank u very much for your unbiased and factual interpretation of the interview.

[@axelyeo33]

I first moved to SG in 2016 after my graduation in Malaysia. My starting salary was $2200 in Orchard Road as a bartender. The most monthly contribution is my rent which is $450 (a small HDB room in Henderson Crescent) As time goes by as my salary was increased, my fiance and I rented a common room in Havelock Road for $1200. Transport is $50 (busses) phone bills ($20 Singtel). $200 for entertainment then another $200 monthly breakfast and lunch/supper. Regardless how much I spent, I always aim to save $1200 monthly for investment back in Malaysia. I love SG because, almost every HDB below has a small wet market/Fair Price and hawker center which really saves time and money on food. The other part would be transportation. Cheap, clean and accessible. I guess the expensive part of living in SG is spending on alcohol, cigarettes and eating out in restaurants. At the end of the day, it's not how much you able to earn, it's how much you're able to save. Look for the biggest spending habit and work your way to reduce those spendings.

[@harukrentz435]

This is the problem with you and the indonesians they can always go back to their country with enough saving, meanwhile where will the singaporeans go? They stuck in the country.

[@w0sHig0d]

$200 for a month worth of food, which is roughly $6.67 each day for 2-3 meals. $50 for transport, assuming 20 days of work would be $2.5 a day for transport. not saying i dont believe you, but i really dont believe these amounts lol. transport itself is easily $100-200 a month food wise, even more so.

[@2008mustapa]

Singapore stands as a modern marvel, balancing cutting-edge development with affordability for its citizens. From subsidized housing and healthcare to efficient public transport, the city-state offers a high standard of living without breaking the bank for its residents.

[@skylineXpert]

Singapores leader made decisions decades ago that has brought singapore to where it is today. Their control of social apartments (what we in denmark call socialt boligbyggeri) i am kinda amazed how well they do... But i must say the collective transport from changi to downtown is kinda slow... With that said not every citizen of singapore is rich but they are not bad of either.

[@johnnyquest6894]

I'm from Singapore! Answer is definitely "No".

[@essjay9768]

Singaporeans' govt school fees for kids is like 10-20 dollars a month and subsidised house EMI is around 700-800 dollars. On the other hand for a foreigner the school fee is aound 2000 dollars and same house rental is atleast 3000 dollars ! Thats some harsh reality of living as a foreigner in Singapore. Please think twice before you move here with family 🙏

[@heestheone]

As a Filipino, sometimes I get envious of other Asian countries' MRT/MTR systems but then again, PH is an archipelago and much harder to make such system. But I hope in the future, it will be cheaper and much faster to travel around like SG

[@han7oee]

I think you guys need more engineers to solve transportation problems since your country is mostly a collection of small islands clustered together

[@bellaclover1933]

​@@han7oeewe do have many engineer the problem is they go abroad for much higher income like the nursing..

[@winwinwin282828]

Just build a metro in manila is good enough, you dunt need mrt in the villages lol

[@stan_Jesus_for_live_longer]

​​@@winwinwin282828eah, but also in provinces but I still hope they will put MRT or LRT in provinces here in the Philippines hehe

[@han7oee]

@@bellaclover1933 thats unfortunate but very understandable

[@inlander311]

as a Jakartan, if i could choose i prefer to live in Singapore, my sister is a pr in Singapore. In Jakarta, the public transports are so bad, worst traffic most of the time. It is true that houses and apartments here are cheaper than Singapore , but mostly no supermarkets and food courts nearby, pedestrian walks are also not friendly and not safe, especially at night. So to go out you still need a car or motorcycle while in Singapore the mrt and busses are interconnected.

[@QdosTamsiz]

If you have a willing to give urine / pangsay water to anyone's food, thats mean Allah wants your destiny to be Satan slave be prepared to become smelly, dirty, ugly, poor, and disgusting,buy anything Verry expensive ,buy food expensive but not delicious.Lets clean our toilet and neighbors hood be more clean from now on so money will come easyli.

[@juch3]

I mean most Indonesians would want to live in Singapore if they could

[@muhammadfirdaus756]

For some Jakarta people they think live in Singapore is a heaven but in reality they are not, for vacation ITS okey but for live i think no.

[@jeems2066]

Is it better to be on a Singaporean salary in Singapore versus Malaysian salary in Malaysia versus Taiwanese salary in Taiwan, etc? Whatever one may think, the Singaporean person can go on holiday to the other mentioned countries with less financial impact compared to the other way round.

[@Kane_2001]

Why not compared with all Asean country?

[@AraLee-yv2gu]

The conclusion is no matter how much money you make, it also depends on your lifestyles.

[@jansg405]

​​@@heidi-hu1tvhe 61.24 voted for this pappy ministers. These bastards give them the mandate to do it

[@takanna]

the last guy quite nicely and poignantly concluded the interview. thumbs up.

[@awkwardsmile]

He's a foreigner lol

[@iamjaydennn]

I did a thorough detailed income and expenses calculation and research for moving to other countries as I was at one point seriously consider moving overseas. The outcome of that is like what he said, the grass isn't always greener on the other side. Moving overseas doesn't make all the problems disappear 😅

[@awkwardsmile]

@@iamjaydennn his point may be right but it's coming from a foreigner lol. If local say this while interviewed then it makes it more acceptable.

[@nickng3864]

Somehow like a lot of foreigners or maybe just got citizenship.

[@elvis4868]

​@awkwardsmile well he has actually experienced moving countries versus many Singaporeans that haven't sooooo

[@AaronLin88588488]

Do you know we still get sgd 3.5 dollar chicken rice in outskirt town area? Do you know there still 2bedroom hdb flat at 350k? So with 3k a month is it enough? What do you think? Maybe someone that have good financial knowledge will know how to manage better?

[@Steven-qs7zp]

Do you know coffeeshop is selling at $8-$9, do you know the so called “Singapore government subsidized flat HDB “ is selling at 1.4million , 3k minus CPF is $2.4k, you think is enough?

[@AaronLin88588488]

@@Steven-qs7zp if you take the maximum of everything then yes it's never enough

[@Steven-qs7zp]

@@AaronLin88588488 not true, coffeeshop $8-$9 is still low budget, HDB is still cheaper than private condo and landed, $3k for first world country is low pay. All you mentioned is not maximum of everything.

[@camplord3509]

As someone that has lived in multiple countries (including Singapore), I can safely say that Singapore is comparatively a very easy country to live in. You can live very cheaply and the tax is incredibly low. If you dive into the stats, Singapore is only tied with New York if you are an expat, buying a property (with the foreigner tax), and car, and sending your kids to an international school. In most countries, you can't buy a $4 meal, while on a 4-5K salary, with virtually no tax (let alone all the tax deductions). Most countries don't have BTO options for first homes, or CPF where the employers also contribute an additional 17%. My yearly tax bill in SG was less than my monthly tax bill in my home country.

[@44jwong]

Exactly, when it comes to (income) tax, SG is haven.

[@mosthated2293]

You forgot that you are paid in expat price with priviledge, most singaporeans find it hard to live by with 3k or even less salary usually.

[@stephenwang9567]

Plse take Sg citizenship. Put your money where your mouth is.

[@camplord3509]

@@mosthated2293 the average salary where I'm from is the same as Singapores, but tax is far higher than Singapores (about 40-50 percent taking into account all taxes), and the cost of living is far higher too. For example, you can't get a meal for less than the equivalent of 15 SGD. At least Singapore does have those cheap options available. Every country has their people that struggle (unfortunately). I'm not denying that some things in SG are expensive, but it's definitely not as expensive as some like to say it is - those that do have clearly never lived outside of Singapore. When people quote that's it's as expensive as New York, that is not the case. The stats do show that it's only close to being the most expensive when you're an expat and sending your kids to international schools - that is not reflective of how most the population live. I can safely say that in my home country things are far worse off (unfortunately).

[@TIB-D]

​@camplord3509 may I know what country are you from if you are comfortable with sharing?

[@munster1404]

Singaporean here. Having been unemployed for almost 3 years and experimenting with various budgets. My personal view regarding individual finance is: 1) As of 2022, I need around $2500 to be on the margin. This means no insurance payments, no vacation, very little outside meals,limited entertainment. And God forbid, don’t ever fall sick. 2) To be able to invest, maintain insurance and have a bit of emergency funds. I require $3200 3) To unlock "Add-ons" like annual vacation (in SE Asia region), eating out more frequently, shop in the heartlands (not Orchard Road), I will require $3700. 4) To be truly comfortable and secure, my rule of the thumb is add another 1K for a final amount of $4700. With inflation, $4700 will become even higher. Now, which average job in the world can catch up with that? Mind you, I have around 20 years experience as a technician in the oil/gas/utilities sector. I’m 45 years old and my last drawn pay was slight less than $3000. I can earn $4700 but only with massive overtime. Not physically feasible over the long term. When people talk about “high paying jobs”, all I keep hearing is the tech industry. But reality is, many other “decent” and “essential” jobs don’t pay that much. In my unemployment phase, I have gone as low as $2200. But it means deprivation of many aspects of life. I don't go out. I keep much of my lights off, no air con, smaller meal portions, etc. All income thresholds as described above is individual with no dependents.

[@harukrentz435]

Stay strong my friend. Maybe you can look for jobs in another asean country.

[@user-ug3kk1ts9t]

Thanks for this video. My Singaporean friends living in Singapore give off an impression on social media that they have a dual combined income of SGD$20K to 30K a month - cars they own are either an Audi, BMW or Lexus, living in condominiums with kids, dining at fancy restaurants all the time, and traveling a few times a year bringing their helper with them. And I wondered if everyone with a corporate job in Singapore easily makes SGD$10K a month. This video is eye opening.

[@LangLang5689]

30k doesn't look enough for such lifestyle

[@huaiwei]

It is actually not exaggerated, especially among educated Singaporeans in their 40s. A married couple with both having good university degrees can typically earn that amount if they are holding key positions, even in the civil service. Many of them actually do exactly as you described, although eating at "fancy restaurants" all the time may not always be practical. Not because they cannot afford it, but because it is just too much of a hassle. They will rather get domestic helpers to prepare good meals for themselves in the comfort of home. That young lady working as a Biz exec earning 5 to 6k a month is a typical example of someone going into that kind of lifestyle in a decade, if she marries someone at the same SES level.

[@UltraVioletMilk]

Hitting 20k or even 30k combined monthly is not that difficult here for grads from the main universities here. My brother is 30 this year and has hit 7k a month excluding bonuses. Most Singaporeans from this highly educated group usually hit 10k by the time they reach 35, and 20k by the time they reach 45 or 50. Then it peaks around that point.

[@huaiwei]

@@UltraVioletMilk yes, as long as they are in the right industry, and had opportunities with good work performances. It is not as rare as what people think. I personally know two from my age group (early 40s) who already live in landed property. Both literally went from "rags to riches", coming from their parent's small HDB homes to landed property in two decades. And many more of my friends actually can afford to buy landed, but choose not to. Most prefer to live in cheaper homes, but spend more in other areas. All of us are local U graduates. And we don't even need to do very well in school to be this "successful".

[@picopiku]

@@UltraVioletMilk how many percent of true singaporeans graduated from local universities? if its 30% then the number dont look too high.

[@AR-ek1jr]

I think when Singaporeans "complains" about Singapore being expensive, i don't they think their main concern in about cars and food. Most of us don't own a car cuz public transport is effective. Food at the hawker, despite the increase in price is still relatively cheap. Most Singaporeans, share the same sentiments with the regards to increasing property price. I think most us worry that they can't retire. Sure CPF helps, then you'd use up most of ur CPF money for housing, can't hit BRS-what would you be getting per month in u'r retired years then? Its work until you die.

[@obiwan88]

Why you interviewing people from Orchard road? It's like a big duh... That's already a skewed survey. Asian Boss, your team needs to try harder. Unless, you are telling me you are doing a survey called, "Is it expensive to come to Singapore, what do the tourists think?" Don't say I didn't provide you suggestion - Raffles Place MRT, I suspect you will get very different, and imho, more accurate answers to your question. Anyway, what kind of question is "Are All Singaporeans Rich?", do you intend it to be a click bait?! Edit: Think I figured out why Orchard road, interviewer finished job can go straight to shopping with friends, lol...and people in Shenton Way probably way more fierce and tougher to interview... Nice try SG team, you managed to pull a fast one over your Korean team bosses.

[@guesswho780]

shut up kid, eat your meal.

[@AathmikYoga]

I have never felt the need for a car here even with a young kid!! Public transport is super comfortable affordable and convenient!! Super organized public transport I would say.

[@Mrhnds]

3:51 he provided the best answer on what's happening in Singapore right now = income gap. The rich gets richer, the poor gets poorer while the middle people are suffering slowly with the inflation. One of the most disturbing issues is ultra rich (and foreigners) people getting houses, condos, properties and cars blindly causing all these to increase price.

[@PapuaKini]

The price of capitalism?

[@EarthVanderer]

This issue is in every developing and developed country in the world. that's what capitalism is.

[@sunyuqin4724]

Maybe can try do interview at hougang or Yishun. It will be quite interesting.

[@jeems2066]

BTOs are like 3xx and up and typically couples go for them so that's split between 2, so it depends. It can be expensive, it can be cheap, it can be managebly affordable. But as much as people complain here I still know many Singaporeans travelling so often and I think if one's struggling they should cut travel out

[@GreenWaifu]

The heartfelt stories shared by young Singaporeans shed light on the harsh reality of soaring prices and the struggle to make ends meet despite working tirelessly. It's disheartening to hear that home ownership, a once-aspired dream, feels out of reach for many. The weight of financial pressure and the diminishing hope of building wealth can take a toll on one's spirit. These stories urge us to reflect on the larger societal issues at play and contemplate the steps we can take to address them. To the young Singaporeans who bravely shared their experiences, you are not alone. How can we bridge the gap between wages and the cost of living? What initiatives or policies can empower individuals to pursue financial stability and achieve their dreams? Thank you Asian Boss for amplifying these voices and raising awareness about the realities faced by Singaporeans.

[@doodlemecrzy8075]

There are cheap supermarkets where a pack of 30 sachet instant coffee is $6. $8 Lattes made by “baristas” carry manual labor cost, rental cost & profit. It is a modern luxury, it is hardly a need. The public transport system is world class & cheap, there is no need to buy a car. Rich Singaporeans also donate a lot to charities & religious institutions, there are soup kitchens where the poor can eat for free. Hawker centers still provide affordable prices for great food. Housing is expensive unfortunately because of the limited land & the high population density, but income tax is low in comparison to many other places. There is also no estate tax or capital gain tax. The SGD is a relatively strong currency & the ease of doing business is attractive.

[@irahzafirah6781]

💯

[@Karubitea]

Weird comments here getting offended that the interviewers didn't mention the frugal methods of living. It doesn't matter. It is a fact that despite the seemingly high salaries and strong currencies, because of the cost of things, what you can do with the money is very low. A basic human goal: living independently, is almost impossible to achieve in Singapore before 35 due to the disparity between salaries and rent + daily needs. The only viable avenue to getting there is getting married, but not only does it basically require the contribution of two people to make this basic goal achievable, but also it's putting the cart before the horse where people are forced to get married before they've learned how to live independently. It's honestly lopsided, the way things are now. It's not rocket science why our population is aging and our birth rate is terrible.

[@stevenlim9640]

the malay lady 'with cat spectacles and red neck scarf' is being truthful to speak, admire her honesty, down to earth...

[@endi4654]

Yes. I love her comments too.

[@hoangkimviet8545]

As far as I know, the PPP, or Purchasing Power Parity, of Singapore in 2021 was 116486 USD, while the average number of the world in the same year was 21283.21 USD. How crazy it could be!

[@sheiladikshit5110]

meanwhile, 80% of sinkies living in properties they'll never own, whilst being terrified to complain or criticise their dear leaders. everything's perfect in the police state, comrade!

[@user-zk6no3no3g]

​@@sheiladikshit5110idk what you have been smoking, but I own my own house and it's fully paid so 🙄

[@sheiladikshit5110]

@@user-zk6no3no3g oh, the majority of sinkipoors have landed properties now? how many wankers on 99 year leases?

[@juniorjr5328]

Song song gao jurong

[@leenasarkar7808]

Avg is 13k usd nominal... Singapore is around 88k usd nominal

[@youtubetebie7799]

Singapore ranked top 5 on world GDP per capita but I heard "not enough money", "renting tiny room", "want to move abroad", "high pressure"....I live in a country where GDP per capita ranking way lower than SG and I don't have all the above problems

[@azax3813]

As neighbour who work used to work in Singapore I can say the same .1 Got 2 house ,few car some land but my ex coworker don't have any there.

[@youtubetebie7799]

@@azax3813 maybe SG can consider buying more bigger islands from Indonesia just like US purchased Alaska from Russia in year 1867 for just $7.2mil

[@endi4654]

​@@youtubetebie7799no country is going to compromise their sovereignty, not especially ASEAN. Losing Timor Leste would possibly be the last time such a thing to happen.

[@cocaineminor4420]

​@@youtubetebie7799if Indonesia decided to sell than they will sell to us but I don't think they will

[@youtubetebie7799]

@@cocaineminor4420 Try harder, don't give up, people will sell if an offer is good enough

[@starshine9836]

My malaysian friend who earns 6k ringgit (~$1.7k), considered slightly above average, (treat it as if he is earning $6k sgd), has challenges travelling if we were to travel together. I earn about 4-5k sgd (their ~$17k ringgit). Most Singaporeans still can travel, be it neighbouring countries. comparing to other SE asians, they might never get a chance to even take a plane as a family with what they are earning. If me and my msian friend were to fly to USA for holiday, he will probably save 1.5 years and me 2-3 months to spend a budget of eg 8k sgd.

[@shukriramlee]

Nah, average people don't travel frequently. Malaysian can also visit a hundred of countries with a cheaper currencies. Cost of living in Malaysia is low even for Malaysian that earn ringgit. Although living in a cities like KL or Penang are quite expensive, but they have an option to move to the other states for a cheap living.

[@tokuo0511]

a singaporean food delivery man told me that he work for a month his vietnamese brother in law ( food delivery man in vietnam) has to work very hard for a whole year to earn the same salary...

[@PiscesSK]

as a malaysian works in singapore, i totally agree

[@starshine9836]

@shukriramlee6784 then it's really a matter of choices if they are willing to take lower pay and fewer opportunities and advancements in career from the capital and advanced states. My friend is from a kumpung area and worked to that senior position in the capital city and would like to explore the world too. Not just countries that are with cheaper currencies. Cheap living.... aka lower income? Usually, the lower income state will have to provide cheap resources, too. It's a cycle. Then my this poor friend will probably spend another 1 year to save?😅

[@shukriramlee]

@@starshine9836 Lol, hundred of countries with cheaper currencies to be explore. Only a fews countries with higher exchange rate than ringgit. Malaysian who broke can go back to kampung and start a new life. If Singaporean? Go to pulau ubin? In Malaysia or other nations with less population don't have to worries about CHOICE! Unlike certain countries with limited resouces and landmass don't have a many option.

[@clementperdana290]

Just to add for non-Singaporean viewers, this statistic is just what people feel, not the actual numbers. Really depends on your circle and lifestyle. Some throw bombastic numbers, but I don't think they are well-informed about the real numbers.

[@gothicpinkk]

Wow that lady in blue who says she needs to make 20-30k per month to live comfortably. How uncomfortable is she otherwise? You can go pretty far on a monthly take-home salary of $5000, assuming $2000 for rent, $1000-1500 for food and social events, $500 for other expenses like public transport, hp bill and perhaps the occasional MC. You’ll still save 20% of it and don’t have to scrimp on anything. Just not fine dining every other day you’ll be fine.

[@y2m3e.45]

The phrase "live comfortably" has different meaning for different people 😅

[@LangLang5689]

Buy a house - 2M, car is 300k to match upper middle class lifestyle in other countries

[@bryananselme3158]

It's what I aim at to really relocate in Singapore. Basically the problem is housing is really expensive, but many over things are cheap. Basically everything cheap where I live is expensive in Singapore and vice versa

[@huaiwei]

@@NamSomAroi it is also pretty delusional to use one of the most posh addresses in Singapore as an example. And most Singaporeans do not even need to rent. Plenty of my peers live comfortably in condominiums while relying purely on CPF to repay mortgages.

[@peirongchan7565]

@@NamSomAroi Exactly right!!

[@bluepixie7737]

Singapore is expensive if you spend needlessly. I can live by pretty comfortably within the range of 2k to 3k each month (food, house loan mortgage transport included) food wise I usually spend less than $10 on working days and get groceries about $70 on weekends to supplement my weekday needs. Top it up with $100 eating out on weekends I guess you can argue that it’s not an expensive lifestyle? Transport wise - mrt can bring you everywhere you need to go and that’s about $50 per week average. That’s 930. The rest is up to you to spend or mitigate. You can save a lot if you are earning above the average income bracket

[@Johnne009]

A truly successful country is when even it's poorest can enjoy the luxuries

[@rumy967]

​@Johnne009 can you give an example of which successful country has really managed to do so?

[@nonsequitur9332]

2000$ if you have no life in Singapore. I hope you're enjoying it.

[@QdosTamsiz]

@@nonsequitur9332 If you have a willing to give urine / pangsay water to anyone's food, thats mean Allah wants your destiny to be Satan slave be prepared to become smelly, dirty, ugly, poor, and disgusting,buy anything Verry expensive ,buy food expensive but not delicious(Ghoib debt raising))).peace bro just for knowledge.✌️✌️✌️

[@QdosTamsiz]

@@rumy967 @nonsequitur9332 If you have a willing to give urine / pangsay water to anyone's food, thats mean Allah wants your destiny to be Satan slave be prepared to become smelly, dirty, ugly, poor, and disgusting,buy anything Verry expensive ,buy food expensive but not delicious.peace bro just for knowledge.✌️✌️✌️(your Ghoib debt raising)))

[@IIblackwidowII]

Salary is one thing. Expensive housing is one thing. Another thing that is not spoken here is that work hours that is not regularized by companies. They tend to exploit the employees by making them work overtime without pay. Definitely hard to get work life balance in Singapore. I rather live in a place with lower salary but I get to enjoy my life. We don't live forever you know. Oh well. There's always pros and cons.

[@heidi-hu1tv]

Yes, work-life harmony is non-existent here; it`s a toxic work culture for the most part as the culture pushes each other to overdrive and results in unnatural stress for living and working. That`s why they have the lowest birth rates on the planet.

[@Audrey-AudreyF]

The streets background brought my memory back when I was in Singapore 8 years ago…. I miss it After knowing the interviewees salaries, I’m surprised and even more grateful for the life I had there in Singapore. I didn’t make many Singaporean friends and we never talked about salary at that time. I wish them all the best. Thank you for the video. 🙏

[@jeremytheoneofdestiny8691]

I’m so glad this channel is finally doing videos in Asian countries other than Japan!

[@revathibacsa]

They are all very articulate and use high level language. Impressive

[@justinmolsal5613]

You can get a decent meal for $3-4 in Singapore. It's at least $15 here in Sydney.

[@karebu2]

Taxis may be $40 in the middle of the night but definitely not $100. And he should try taking cabs in Japan and Europe. It's a $100 on average, in the day

[@lambo88]

That guy is right - A new Toyota Prius costs SGD200K (about USD150K), a Porsche 911 (most basic model, non S) costs about SGD720k (USD530k), about the price of 3 new lambos in the USA

[@scbchong6964]

You need to set aside money in the USA for when your fancy cars get shot at, stolen, vandalised and used for drug delivery. Plus secure parking, servicing, insurance and interest rates are far higher than in SG.

[@lambo88]

@@scbchong6964 What you've mentioned is just a prevalent societal problem in the ghettos. If a car gets burn down to ashes in SG its also a few hundred K down the drain with little insurance to claim for. In SG the max loan to value one can take is 60% for new cars (lets not go into detail of in-house loans) hence the outlay is already significant even for the "cheaper" new cars. The higher parking rates and upkeep costs are just a small factor - the prices there are considered dirt cheap when you compare the absolute value of SG cars vs that of other countries.

[@scbchong6964]

@@lambo88 What makes you think you will not live in the ghetto if you move over? Furthermore, since when are brand new flashy cars essential for daily living? And the SG govt do not force you to buy new cars. btw high COE is due to your need to show off, flaunt it, and display your status, right?

[@pissupehelwan]

@@scbchong6964 I live in the US. What you said is a stereotype based on the sensational and juicy items shown on TV. Real life is actually quite safe and rather boring here in USA, just like everywhere else. I own a BMW and park right outside on my driveway every day. Nobody has stolen anything ever. What you said is just a myth. Insurance may be higher than SG but, in general, we make more than people in SG. The salaries mentioned in this video are all quite low compared to what I earn, for example, and I am not even rich by US standards but maybe a little bit above middle class.

[@scbchong6964]

@@pissupehelwan You are living in small safe area. In SG, ALL areas are safe. (USA is still murdering and torturing muslims in Guantanamo Bay, eh) And in SG, majority are middle-class, unlike USA. Would your BMW be safe if you lived in bad area? Would you be able to afford a BMW if your parents did not pay for your education? btw it is also a stereotype that singaporeans are oppressed by high taxes. Many of those complaining and grumbling actually own more than one car.

[@MoneywithEumi]

My friends are making over 10k in Singapore, so it depends on your career/industry. Should also mention that employers give CPF which most countries don't. Even in the U.S. it's pathetic. Hopefully Singaporeans know grass ain't greener on the other side. Most people in LA do spent 30% on their rent.

[@azis1483]

Making 10k per month purely basic salary exclude cpf and all bonuses? Don’t mind me asking what are your friends designation and the industry they are working in ?

[@MoneywithEumi]

@@azis1483 Correct. Psychologists, Therapists, Bankers, Developers, Data Analysts, Private Tutors, Business Owners, just to name a few.

[@SapphireStorm0910]

@@MoneywithEumi developer as in IT developer may i ask?

[@MoneywithEumi]

@@SapphireStorm0910web developers, business developers, app developers, etc

[@willc7861]

I dont blame them for being disillusioned: -You never 'own' your property because its all on lease + You take out your CPF for something you will never own. -COE is bad. 10 yr max & you hv to change car. Not to mention parking charges everywhere. EVERYWHERE. -Food is cheap if you consider cai peng & hawkers everyday - Transport is 'cheap' if you can cope with inconveniences of trains/buses -Alcohol. People joke Malaysia sin tax is bad. But SG takes the cake. Lunacy.

[@AsherHoe]

So many ppl said that Singaporeans have the options of choosing different quality of lifestyles...So if you and your partner or family are shopping at the mall...What is the possibility of you saying that "Ok let's not have our dinner at the mall...Let's take a bus to a nearby hawker centre or coffee shop after all that shopping to have our dinner...? Or how many of you are actually gonna forget about that $6.50 bubble tea you saw at the mall...? Walk the talk man...!

[@AMillionin365]

Living luxuriously in Singapore can be quite costly, and it often leads to a constant struggle between our needs and wants. However, it's essential to acknowledge that living contently is within reach if we choose to embrace it. Nonetheless, it is disheartening to witness the growing economic disparity in our society. Although there are opportunities available to bridge this gap, many individuals unfortunately find themselves enticed by "get rich quick" schemes, which ultimately result in disappointment and failure. To improve financial prospects, quit doom scrolling, invest in self, cultivate good karma and prioritize adequate sleep. These practices can lead to personal and financial growth, fostering a balanced and fulfilling life. Also don't forget to hydrate!

[@imqnz]

Nice street interview, greetings from Malaysia.

[@rock-99]

Business executives are making around $3k to $4k. I live in Michigan, and even a warehouse worker here can make $3k to $4k per month if they work 50 hours per week. Home rent is between $750 to $1k. I am surprised by how much a business executive makes there. After watching this interview, I realize how good of a life I am living in the US.

[@ausgaporetan8512]

Well, it depends. The Median Salary in Singapore stands at around SGD5000. according to the latest data published by the ministers. Taxation in Singapore is notably low, whereas the United States imposes considerably higher taxes, resulting in a significant impact on the take-home pay in both nations. Moreover, in Singapore, companies typically provide their employees with generous year-end bonuses, often equivalent to one to three times their monthly salary, which significantly elevates their average monthly earnings. Additionally, Singaporeans are not burdened with hefty healthcare insurance expenses as is often the case in the USA, where healthcare costs can be exorbitant. Instead, Singapore boasts a Universal Healthcare system. Certainly, here are some pros and cons of living in both Singapore and the USA: **Singapore:** Pros: 1. **Safety:** Singapore is one of the safest countries in the world with low crime rates. 2. **Efficiency:** The city-state is known for its efficient public transportation, infrastructure, and government services. 3. **Healthcare:** Singapore has a well-regarded healthcare system, including universal healthcare coverage. 4. **Education:** Singapore offers a high-quality education system with globally recognized schools and universities. 5. **Economic Opportunities:** It is a global financial and business hub with a strong job market. Cons: 1. **Cost of Living:** Singapore's cost of living, especially housing, can be very high. 2. **Crowded:** It's a densely populated city, which can lead to crowded public spaces. 3. **Strict Laws:** Singapore has strict laws and regulations that may not align with everyone's preferences. 4. **Limited Space:** Due to its small size, there's limited natural scenery and open space. 5. **Weather:** The hot and humid tropical climate can be challenging for some people. **USA:** Pros: 1. **Diverse Opportunities:** The USA offers diverse career opportunities and a wide range of industries. 2. **Cultural Diversity:** It's a melting pot of cultures, providing exposure to different lifestyles and perspectives. 3. **Education:** The country is home to some of the world's top universities and research institutions. 4. **Geographic Diversity:** The USA boasts diverse landscapes, from beaches to mountains to cities. 5. **Innovation:** It's a hub for technological innovation and entrepreneurship. Cons: 1. **Healthcare Costs:** Healthcare in the USA can be expensive, and not everyone has equal access. 2. **Safety Concerns:** Depending on the city or region, there can be safety concerns and higher crime rates. 3. **Education Costs:** While prestigious, higher education in the USA can come with significant tuition fees. 4. **Income Inequality:** There is a notable wealth gap, which can impact the quality of life for some. 5. **Political Polarization:** The country can experience political polarization and uncertainty. Ultimately, the choice between living in Singapore or the USA depends on your individual priorities, lifestyle preferences, and career goals. Both countries offer unique advantages and challenges, so it's crucial to consider what matters most to you and your family.

[@cosmos5610]

Business executive is just a sounding good title. I guess that is probably just like an administrative office job. It has nothing to do with "executive". I worked in Singapore 18 years ago as a software engineer, earning sg$4800 a month and 7-15k of bonus a year. Singapore's tax rate is a LOT lower than the U.S. and it has no capital gain tax at all. Bear in mind that the salary quoted was 18 years ago so Singapore's salaries are not as low as it sounds like. The issue is some job titles are confusing.

[@merdekaagussaputra1504]

they speak English but with a variety of accents. Some speak with an American accent. As South East Asian citizen, I am so proud of Singapore on how they can reach their high level of wealth. :)

[@Tommashelbyeee]

you mean new citizens?

[@cocaineminor4420]

​@@TommashelbyeeeThat's not true I have some sg friends who go private school Speak American English

[@nickng3864]

No wonder we need a president to unite sporean, now i understand.

[@eggytoasty_]

When I watch this video, this is what different societies in different countries show about inflation. This video didn't close down how much taxes people actually pay. Still, in general, we all know living is expensive anywhere we go, specifically if really populated living area or city.

[@BtheNomad]

Singapore is a VERY impressive city to visit, nothing like any place I have ever been before. And people are very kind. Sadly I didn't manage to make any street interviews there, but I made some in Brazil, Argentina, Denmark and Colombia so far:)

[@wanganbryan_official]

Hoping Asian Boss will pump up more top-notch content.

[@azabujuban-hito-dake]

I came from Switzerland, holding a Singapore PR and now living in Tokyo. I think that Singapore is even more expensive than Switzerland and Japan.😊

[@mamemo359]

Is it really more expensive than switzerland???? Then I can go to Switzerland finally 😂😂😂

[@azabujuban-hito-dake]

@@mamemo359 Why would you? Compare to glitzy Singapore, Switzerland is pretty dull & boring.

[@mamemo359]

@@azabujuban-hito-dake to see how dull and boring it is. XD

[@RedgeNumber1]

SG is not really expensive relative to developed western countries. One thing that SG has going for it is the low income taxes

[@dryden28]

Car is something we can get by without but rental is crazy.

[@jahhblessings1479]

Great content! Keep it up!

[@tanchye1720]

Give a thought to those general workers in Singapore. Their salary is probably averaging $800 to $1500 including overtimes. ‘S’ pass might get around $1500 to $2500. On top of this they have to find a place to sleep & send money to their family back home. We still have choices, they don’t. p.s. Yeah, they also have Agent fees to pay back too.

[@Steven-qs7zp]

Don’t bluff, all those India and Bangladesh workers get less than a thousand a month and they still have to pay agent fee which is $12k, this is labor exploitation.

[@JH-kv8mt]

​@@Steven-qs7zpSo, the agent will get rich.

[@johnwig285]

​@@Steven-qs7zpif they are exploited, they wont bother coming here and stay in their country to work.

[@johnwig285]

They have a choice. A choice to stay in their country or choose another country. They dont have to raise a family in SG, their expenditure ain't the same. Once again, apples to oranges comparison as usual.

[@tanchye1720]

@@johnwig285 Sorry, I am not comparing them to Singaporean. They have no choice but have to leave their countries to work oversea, whether it’s Singapore, the Middle East or Hong Kong, etc.

[@yenfong2564]

They are missing out on an important key factor about COE, even if you dont buy cars you are still "paying" for it, because business owners still need vehicles for logistics, and when logistic cost rises, the cost is incurred onto consumers back to us. That is also partly why everything around us is increasing in prices.

[@diyanaznl7807]

Singapore is NOT that expensive to live in. Public Houses are paid through our CPF and do NOT cost $1m. Food is not crazy expensive if you eat out at the right places. Coffee is not $8, you can easily get a cup of $1.50 coffee at your kopi tiam. Having kids is also not that expensive - school fees are heavily subsidised! I’m only paying $300 monthly for my kid’s childcare. At the end of the day, you just need to know how to manage your expenses and you will be able to live affordably in Singapore without having to sacrifice too much. After living in other countries in Southeast Asia and the US, i am incredibly thankful to call Singapore home.

[@cynthiakent4033]

What about medical expenses? Cost of a doctor visit, hospital cost, medication?

[@Steven-qs7zp]

HDB is selling more than one million dollars

[@comments7335]

CPF is your money. Not a donation from PAP. Hence, still paid by you & the more you use CPF money, the more it will get stuck in your HDB leasehold which means zero after 99 years. You're 11 or something?

[@cynthiakent4033]

@@advocatoroftruthking7244 …..I asked about medical expenses. I wasn’t asking about SG or taxes.

[@tokitoyotokitoyo]

​​@@comments7335donations from.PAP HAHAHAHAHA. Not in a million years😂

[@MrKevinliow88]

I have made a major adjustment in my life which is actually a blessing in disguise. From 3 to 4 meals a day, I'm now just eating 1 to 2 meals a day which totally transform my health and physique.

[@Archiiiiiiiiiiie]

The student was bang on. It’s like that in all cities. Either you have a high paycheck and don’t really get affected, or you don’t and you get affected by the inflation.

[@romgozaimas]

This is a Korean production and they are interviewing expats living in Singapore. You cannot compare them to a normal Singaporean like me. I dont need a car, when the public transport system is one of the best in the world. I dont eat at restaurants, when our hawker centers sell Michelin-rated food at affordable prices. I dont usually eat at hawker centers, when my wife is a good cook. I dont smoke, I dont drink, why should I harm myself? I retired a few years ago and I live comfortably now. My last job paid me a measly S$2000, and I raised 3 children who graduated from university and polytechnics. I have visited many countries from Japan to Europe. Like many average Singaporeans, I am not rich and I live within my means.

[@alfredyap14]

It’s always a balance of costs versus jobs. As long as there are jobs, costs are payable. So its not completely impossible. Costs are dependent on where you spend your money

[@skull_lee]

Thats not entirely true since costs are sometimes mandatory for things such as having a place to stay and as long as there are *fair* paying jobs that scale with inflation things would be a miracle but almost every job isnt like that

[@allakazoo]

I think people are struggling because they try to keep up with the Joneses. If you live within your means, I dare say 99% Singaporeans are actually able to do fine.

[@alfafiveone1300]

Wow this video teaches me to be more grateful

[@lilytoh3580]

Neighbouring countries used to go to Singapore to shop and stay at their hotels; not that the cost of living has soared so high, investors have built shopping centres which sell a wide variety of quality goods that the people used to buy from Singapore, thereby saving on airfares and hitel stays and use that money to buy tge goods they used to get from Singapore, and more, being able to come as often as desired.

[@samc8623]

The only thing I found cheap in Singapore is food. Go to a hawker centre and you can a really decent meal for like $5-$8 and the food is so amazing too so that's at least a bonus. But then again, you want to stay at a hotel and even the rubbish ones cost like $200 a night.

[@awkwardsmile]

$5-8/meal is NOT CHEAP. It means the cost is rising quickly.

[@Crystalbomb321]

Lol more like 4-6 at the hawker stalls. Auckland living costs are way higher

[@SwordSaint83]

not really. the cost of hawker food has increased tremendously over the years. worst is smaller portions, lower quality and higher prices..

[@stevenlim9640]

​@@awkwardsmileand hawker centers are sweaty, hot, crowded, noisy

[@RedgeNumber1]

$5-8 is really cheap, good luck finding that in a developed western country

[@phuyenvlog]

Hi my friend ❤❤❤❤good video,Vietnamese ❤

[@cocaineminor4420]

Hello Vietnamese from Singapore 🇸🇬❤️🇻🇳 I've been to Vietnam one time It was a fun country 👍