Cost of Living in Singapore (My Real Case!)

[@TheKrazyKoala]

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[@horngchuanlim2377]

Hi , how your day . I am horng chuan , nice to know you Actually Singapore have one biggest problem , between blue collar & white collar salary gap is getting so huge nowaday Blue collar can as low as $1000 ... As you can see , nowaday even younger or 30s also work as grap food & grab car , security . Even those who have polytechnic or degree holder . As you can see , expenses is every year going up in Singapore , not only this 3 year . Can you imagine , a man with lesser then $2000 , after cut CPF . It only left $1600 . With $1600 , need pay all expenses , bill and support parent . You know many year ago , when I still a truck driver . My salary about $1500 ... After CPF about $1200 . I hardly can save money ... After sometime Singapore keep bring in FW to be driver . And they say because we lazy that why they bring in FW ... At that moment of time , I so angry , the salary is so low and they say because we are lazy that why they bring in FW ... What nonsense they talking . After sometime , Singapore expenses keep give up , I change job ... Miss , I telling you all this , just to let you Singapore is no more a good home . Singapore is alway getting more and more expensive after LHL in control . Our life , our work all in stress . As you can see , nowadays ppl easy to lost temper . Even off day want go out to find a place to relax , but every where we go , is so crowded and squeezy . Singapore no more a good country . They bring in all talent white collar , mostly they will willing to be PR and convent to citizen , due to they are talent , their job is secure and with high income and good benefits and good increase salary yearly and some more Singapore is safe . Because of so call new citizen , PAP until now hardly can being remove . You can see , new citizen every where nowaday . Because blue collar life have been screw up , alot of us want to VTO . But too bad , they being bring in alot of new citizenship . I tell you this , just to let you know . Singapore is not as good as what you think I was born in Singapore , I grow up in Singapore . I love singapore , but too bad , Singapore have change .

[@MalamaLife]

So relatable! My husband is in Hawaii right now and he said almost everything is 30% more expensive. And the portions shrunk as well 😬

[@TheKrazyKoala]

Oh wow how come he went back to hawaii?

[@georgeinjapan6583]

You didn't lie, you just didn't tell all sides. Thanks for this update video

[@TheKrazyKoala]

Haha. Nope. Just situation changed

[@ronaldkwek9610]

@@TheKrazyKoala It is a global change and fully agreed with George, painting a full picture is always good.

[@maxp670]

Koala, For your Info, the SGD is one of the strongest and stable currency,.. Yes, when FED raise interest rate, SGD vs USD went to 1.44 but now it is almost back to 1.37. Currency strength we are not affected by USD as compared to rest of the region currencies.

[@TheKrazyKoala]

i know it's stable. it's not bad at all

[@treg9492]

Depends what you want in life. SG is good for 1 yr. Then rent out your property(s) and rent in MY, TH, INDO, VIET, PHI with plenty to spare and enjoy a minimilistic, healthy and happy life. Only live in SG for long term if you have no choice eg. work, but hopefully work that allows plenty of foreign travel. Mental health is also very important (by having broader horizons), not just physical safety.

[@TheKrazyKoala]

totally agree with mental health part

[@steventay5834]

Rental has soften. Hawker centre food is affordable. A bowl of noodles $4. Drink plain water

[@CRUSADER168]

Hi Krazy Koala. I’ve been trying to find your channel about SG. Thank goodness KZbin algorithm noticed my typing on the search bar. Thanks so much for this update because we will be there this December to spend Christmas and new year with my brother who lives there. Wasn’t able to see him for a good 2 years due to this pandemic. But thanks again for the update! Take care

[@TheKrazyKoala]

So happy to hear. Why you don’t subscribe to my channel? Turn on the notification bell 🛎️ next to subscribe? U get notified

[@fountainofyouth88]

Thanks!

[@TheKrazyKoala]

thank you!

[@cooperboy_17]

First!! 👍

[@TheKrazyKoala]

Second!

[@moses777exodus]

Hi Koala, Inflation and shrink-flation are real in the U.S. too. A lot of basic food items have gone up , even as a high as 500% or more on some items. But the mainstream news tells everyone that inflation is only 8%. I use to invest. But the markets, pretty much all markets, nowadays seem dubious. Thanks for sharing your experiences. Best wishes and safe travels always.

[@TheKrazyKoala]

Thanks for sharing your experience too ❤️

[@moses777exodus]

@@TheKrazyKoala 🌹💛 🙏🌈🎵

[@John777Revelation]

@@TheKrazyKoala Hi Koala, With the New Year, I wanted to try a new YT handle.

[@Unteroffizier]

The increase in price for Chicken rice was due to Malaysia halting imports of fresh chicken to Singapore. Now Malaysia has restored partial shipments but that's how things go. Once they increase prices, it will not revert back.

[@TheKrazyKoala]

You’re right. Once they increase, no way to go back

[@asiacuisine4869]

More than that dude. Everything increased ridiculously.

[@Unteroffizier]

@@asiacuisine4869 Some business can manage not affected much but take the opportunity to increase price to rip off more profits.

[@asiacuisine4869]

@@Unteroffizier Basically inflation is crazy right now and not quite justifiable in Sg, bec it could have been better managed. But the govt allowed property to escalate, attracting rich foreigners, as they benefit from it too. Whereas the people suffers.

[@evangelinechong2670]

@@asiacuisine4869 agreed above. No attempts to control prices.

[@linhwang6651]

Recently, a family rents a 4-bedroom HDB flat for only $3,700 per month. Previous tenant paid only $2,100 per month. He was very lucky, the owner allowed the rent to be reduced greatly. Look around, you may be just lucky.

[@tomzuzolo8068]

‘’Courage taught me no matter how bad a crisis gets ... any sound investment will eventually pay off."

[@lilianazuluaga6504]

Sounds like plan, how do you put money to work?

[@lilianazuluaga6504]

@Casino Şimşek Thanks for replying me, I've heard so many people talk about investment but none had said how to do it right.

[@mav3420]

Am hoping on you can explain more on how you make extra income from investments

[@ariaibrahim1291]

@Casino Şimşek Financial freedom is absolutely the perfect freedom

[@steceymorgan814]

I think you should consider being a KZbinr and have your own channel. You share some good tips for strategic investments.

[@DySun]

Grab car here in SG is crazy. It's something like 5 times more expensive than Grab Car in JB. Even though we have a well-developed transportation system, getting a seat (during rush hours) is impossible. Even during non-rush hours, it can be quite challenging. Buying a car is also prohibitively expensive with COEs hitting over 100K. Feel sorry for Singaporeans.

[@timngim583]

Singaporean say no need car mah. Grabcar for what? Bus and MRT so efficient. JB and Malaysia different case lah-public transport here not efficient

[@jeremychua76]

I'm currently on a second visit to Singapore this year from Australia. Since early this year, the Australian dollar has fallen significantly against the Singapore dollar which appears to have held its value. I have lesser bang for my buck with AUD$1 now changing only SGD$0.88. Despite this, eating out and public transport is still cheaper in Singapore. Generally, my observations over the past many years is that if the simplest chicken rice meal is SGD$3, the equivalent in Australia is always roughly 3x or 4x more in AUD$. That means it is common to pay AUD$10-12 for something that resembles chicken rice, and just to add, around AUD$16 for something that resembles char kuay teow or nasi lemak. The strength of the Singapore dollar is also observed when I tried ordering some products from China. I would pay a higher amount in AUD$ but a smaller amount in SGD$. Another advantage that Singapore surely has is its proximity to, and probably mass economy of scale for transportation of products from, China. Shipping from China to Singapore is much cheaper than shipping to another continent including Australia.

[@TheKrazyKoala]

it is. SG def is still cheaper than AU and US!! hope you enjoyed your trip. see you on my other videos

[@jeremychua76]

@@TheKrazyKoala Yes, I do watch some of your videos, along with another funny Russian KZbinr, to observe the expatriates' view of Singapore. I'm actually a Singaporean.

[@herio7776]

@@jeremychua76 Jeremy. When comparing with AU and SG, please factor in Housing and cars etc . Theres where AU wins

[@junfeng4293]

Go and find your food from geylang lots of cheap eating places where you can dine for 3-4 sgd for a meal

[@TheKrazyKoala]

Too small portion for me 😂 I eat there sometimes

[@bernardsoh3938]

Hello krazy koala, in Singapore is one of the highest cost of living here, usually the locals stays in HDB (Government subsidies Flats for all Singaporean) the mid range and expats stays in Condo & Private housing, depends on where they came from. Such as yourself is considered as expatriate. Living in Singapore as a Singaporean, some of us we have to budget ourselves. We have no choice as this country is one of the safest place to live, transportation and cost living is acceptable.

[@TheKrazyKoala]

Ha. Ya HDB is also going nuts these days. More expensive than my condo 😂

[@asiacuisine4869]

"We have no choice as this country is one of the safest place to live, transportation and cost living is acceptable" We have no choice bec we were here. Sg had already been one of the safest for decades, without the high cost. Chinese/Jap/Korean majority societies are safe. Cost of living is not acceptable now. Subsidized housing aint a choice for many now with the ridiculous wait as well.

[@pandorabox9894]

@@TheKrazyKoala really? For same area and same bedroom?😮

[@louong93]

@@asiacuisine4869 how about Malaysia?

[@DySun]

Grab car here in SG is crazy. It's something like 5 times more expensive than Grab Car in JB. Even though we have a well-developed transportation system, getting a seat (during rush hours) is impossible. Even during non-rush hours, it can be quite challenging. Buying a car is also prohibitively expensive with COEs hitting over 100K. We are often touted as the "safest place" to live. But just ask yourself how many public brawls, slashing incidents, unprovoked attacks and suicides we have witnessed over the past one year. Feel sorry for Singaporeans.

[@lilaclaicc]

At 5:28 you mentioned that "Less than $1 pretty much can get you anywhere" is not true. It's almost the opposite right now. For adult fares, the minimum cost of a ride is now S$0.99 and can go up to about $2.50 for very long distance journeys. On average I would say it's about S$1.60 now depending on distance

[@khaoshong141]

Yes. The fact is inflation affects not just Singapore. We will probably just have to make necessary adjustment to cope with the inflation.

[@TheKrazyKoala]

definitely!

[@csy897]

Incomes for the top 20% of the working population here have also increased by 33% at least since 2016. And this year, it is set to increase another 5-10%. It's not just the mainland Chinese that are coming here. The job market has better opportunities now in Singapore.

[@TheKrazyKoala]

lol

[@cwong5643]

Thanks for sharing an update on the rise of inflation and cost of living in SG today. Totally agree with you and it is quite worrying in terms of the financial pressure to keep up. Would love for you to share in one of your next videos on your investment strategy, allocation and portfolios, and how they are performing/yielding for you. ❤️

[@WalkingStreets]

Either you pay the same & get less, or pay more & get the same. Inflation is hurting everyone.

[@TheKrazyKoala]

It is 🥲🥲🥲

[@tangbridgette7172]

Some are taking advantage of the inflation for the sake to increase. But some kind owners still maintain their rental to get good tenants.

[@TheKrazyKoala]

That’s very good

[@pyt6631]

I also noticed a high percentage point increase (20-30%) on dry food items even in supermarkets. Though these translates to 20-30 cents in dollars, in % it is one-fifth for a single increase.

[@TheKrazyKoala]

Exactly

[@RayMak]

Things have changed so , no, you did not lie. Things are super expensive now and especially real estate in Singapore

[@TheKrazyKoala]

it is! how are you doing in malaysia?

[@RayMak]

@@TheKrazyKoala Malaysia is fine. I’m at Dubai right now hehe

[@TheKrazyKoala]

@@RayMak oh u moved there!

[@RayMak]

@@TheKrazyKoala just attending the one billion followers summit

[@TheKrazyKoala]

@@RayMak oh haha you also apply for that one ? A few frds also going too. Is it worthy? Do they sponsor anything?

[@RAM-km8bx]

Ok lah everywhere got pros and cons If you feel safe secure respected then great place. Hope u consider singapore as home

[@TheKrazyKoala]

haha i'm sure you have seen my post. instagram.com/p/ClDDIO1P17p/

[@kiewgerald1571]

KK u can get economy rice for $3.5 to $4 with 1 meat plus 2 veggies dishes $4 for most noodles popiah is not Pancake its spring roll usually $2 only only Healthcare is expensive 😊

[@TheKrazyKoala]

lol i usually get 5 dishes

[@olivia7759]

Sorry Koala just watch! Somehow I didn't think a new video is coming. Double confirm on real estate. Now we rent (1 year lease yay!) but saving saving for buying our own. Now don't go out so much and make most meals at home. Got special saving account already and it is hungry monster. But with this even it is like trying to climb a hill which someone makes more high every day. But we will do it!

[@TheKrazyKoala]

wow you're buying? congrats!!

[@olivia7759]

@@TheKrazyKoala Someday....🤞

[@cohanitay5640]

I own 2 bedroom condo and I'm going to rent it out for 3500. It's at The Bayshore, a minute walk to East Coast park, near plenty of bars and restaurant and both Bedok and Tanah Merah MRT station.

[@cohanitay5640]

And plenty of kopitiam nearbys.

[@TheKrazyKoala]

haha yes. 3.5k

[@tenga3tango]

You can trace the reason back to the US rate hikes. SINGAPORE and many other countries has to move in tandem with the Fed rate hikes.

[@gabrielchan4420]

Jurong East is a prime location, transport hub, there are many shopping centers and is only 25mins to town. Rental had increased, but there are cheaper locations, including HDB. Food and transport are a global issue, but it affected Singapore greatly because we are an importing country.

[@TheKrazyKoala]

jurong HDB is going nuts!

[@jenniferloh2914]

Jurong East in time to come with HSR , Govt Offices relocation and called Little Orchard of the West :D Will be very brisk ... Properties in Jurong East are set to appreciate and expensive .

[@aliphonse]

Depend on what objectives you are staying in Singapore, Jobs or planning to stay long term. Singapore is not ideal place for retirement, everything is only going to get more expensive, including medical and basic necessity. If you plan to stay long term, do consider to get PR and preferable buy a HDB, it will be more economical.

[@TheKrazyKoala]

I like it to be retirement haha

[@pandorabox9894]

I don’t think single PR can buy HDB?

[@timngim583]

@@pandorabox9894 Above 35?

[@pandorabox9894]

@@timngim583 only for Singaporean above 35 can buy HDB

[@BreakawayBites]

Yup, PRE-COVID & Post- COVID ... Lotsa things have changed..... A lot... BTW, were you in Garden By the Bay quite recently about couple of weeks back? Take care and stay safe out there...

[@johnho6173]

we import almost all of our food, the cost of food like chicken went up due to the high cost of chicken feed in Malaysia , they even ban the export of chicken to Singapore even the cost vegetable gone up due to bad weather so no one is to blame just bad luck , for housing it's supply and demand and for transport all around the world are facing the same thing raising oil prices , we Singaporean are facing the same thing , in Malaysia oil is cheaper because they have oil and for cars and if it's cheap to own one the road will be congested but we have efficient public transport, you can eat $20 at the hawker center you must have a very large stomach

[@TheKrazyKoala]

haha yes i do hv american stomach

[@johnho6173]

how come you look so slim when you can eat so much, what is your secret

[@moses777exodus]

Hi Koala, Just wanted to wish you and your entire family a very Happy and Blessed Thanksgiving and always. (in case you celebrate it in Singapore) Thanks for sharing 🙏🙏🙏

[@marktn9851]

My understanding is within a twelve-month period, most countries suffered high inflation, nothing like the good old days…

[@warrenlim2461]

Studio condo housing rental is about $2,600 per month at Canberra area

[@IronMan-dd9bh]

When ever it is, it is good to save for a rainy day. You can save alot of time by going to your favourite hawker centre after a hard day work. If you free try cooking at home or a class and learn some recipe from KZbin

[@TheKrazyKoala]

haha yes

[@RUHappyATM]

Could have told you that many years ago. HTF could you save, you would have to be a very highly paid professional expat in finance! I can see why a lot of graduates don't return to Singapore. And that's why I haven't visited Singapore for many, many years.

[@rayne5368]

I live a minimalist lifestyle now. Guess we need to be more minimalist in future and cut down wastages. Only a minimalist and healthy lifestyle is sustainable here.

[@TheKrazyKoala]

HahHa more people will join us minimalist

[@steventay5834]

COE prices are so high. Our petrol duties are very high too!!

[@stevenlim9640]

these few years, i was thinking to myself, sg is almost very very resemble australia now! all prices of food are same as aus, restaurants same as aus, human capital is very high salaries, to call in a plumber, electrician is very very expensive,

[@fengjikangqiang]

Any location is central in Spore, we are only 65 SQ Km, east west is only 40km, north south is only 22 km.

[@TheKrazyKoala]

haha if you have a car, sure

[@fengjikangqiang]

@@TheKrazyKoala with so much mrt lines, ride hailing n cabs available most dnt need a car. Single person renting the whole unit is definitely taxing unless there is high income coming in every month.

[@MrAussiebrad]

Would love to live there and work but the cost of renting is outrageous and you don't get much for it. Only holidays unfortunately

[@wjj7488]

My total cost of the lunch /dinner may be as low as S$7.50 . A S$0.70 large kopi o kosong for some meals .

[@TheKrazyKoala]

you eat too little haha

[@nornizarmohamed8228]

Great video, very informative !!!

[@TheKrazyKoala]

Glad it was helpful!

[@Legendaryfizz]

So informative - thank you!

[@TheKrazyKoala]

Glad it was helpful!

[@katherinez893]

thanks a lot for sharing! very helpful info!

[@TheKrazyKoala]

happy to share. hope you will share my video with others too

[@normancheung7111]

Poche never saw Wolves is pressing on the left side with Chillwell playing as wing back rather than full back so Silva has to cover him but without pace. Chelsea was subjected to such pressure three four times but Poche never realised it

[@TheKrazyKoala]

lol

[@henrylim695]

Don't forget SG is v safe especially for ladies. $ can't buy safety. Excellent medical care at much lower cost. Do u know that SG is probably the only country that treat u before any upfront payment or any insurance, even if u unable to pay?? There is always a trade off.

[@TheKrazyKoala]

Haha we didn’t forget. It’s already mentioned

[@Nerosink2000]

Random stuff can still happen anywhere like punggol stabbing etc .. keep believing the govt hype that everywhere else outside singapore is a crime infested slum ....

[@henrylim695]

@@TheKrazyKoala don't understand your reply. Pls elaborate.

[@billytan7871]

Hi Koala, any US stock to buy from small. Can shred as all along only played Singapore stock very slowly return.

[@TheKrazyKoala]

i do financial coaching too. you can visit my website.

[@tcmelvinlee4804]

True, prices are going higher here. Rental went up fair bit!

[@TheKrazyKoala]

ya

[@choozihengwayne7976]

You know I wish one day you can speak in my sch (as a inspiring person ) it’s Ngee Ann polytechnic btw . The last event we had speakers were tedx youth .

[@guygadbois3010]

Inflation is bad here too (central part of USA) - everything at the grocery now seems to start at $3 minimum, and don't even think about eating out at a fancy or even mid-tier restaurant!

[@TheKrazyKoala]

Totally agree!!

[@itsa.k7028]

I love the video thanks for sharing I just have one question how much is the Singapore dollar compared to the USA dollar for example let’s say $10 US dollars is what compared to Singapore dollars?

[@TheKrazyKoala]

you can google SGD to USD on google bar

[@itsa.k7028]

@@TheKrazyKoala ok thanks

[@mpc5584]

yeah a 2.4 km cab ride in town now costs $15 each way off peak. It's just ridiculous. Heard it's even crazier outskirts because the price surges when demand exceeds supply of cars in the vicinity. Thank goodness new MRT lines are opening up. Rentals have gone off the roof it's between crazy mortgage vs. crazy rental pick your poison. Even food delivery is expensive now, so I try to order double portion and keep one in the freezer. We make do - it's still a nice place to stay and (fingers crossed) at least electricity bills haven't gone up much cos' we don't need heating here 😬

[@TheKrazyKoala]

Haha good idea on order 2x and freeze one. Ya electricity is not bad

[@smp09lee]

When I come to sgp chicken rice 2-3sgd. Now it's 4-5.5sgd. room rent from 350-400 , now 600-800sgd. Super expensive

[@TheKrazyKoala]

pricey!

[@sergiysanin4767]

Btw, property prices started to crash all over the world for absolutely obvious reasons that I won't mention here. But by the time this wave reaches Singapore, easily few years may pass - lovely government can prolong property bubble by "stimulating" it. But don't worry, lazeeeh millenial, just buy a house... at any price! Because house prices always always go up!

[@TheKrazyKoala]

Good 👍

[@kingstowntan4599]

without any grants and subsidies you pay S$150 K for a 3 room hdb flat , with super heavy grants and subsidies you pay S$400K and you should be grateful for their cooling measures which makes hdb public flats more "" affordable "" . you shouldnt have lied in the first place .

[@evangelinechong2670]

yes businesses just want to profit. I only support stalls that charge lower.

[@pokemansgmerlion1863]

Goldhill family restaurant selling $2 mixed rice

[@TheKrazyKoala]

Oh haha nice

[@macdonald1631]

Singapore is a rising star, this just the beginning and it won't stop until the public is unaffordable then settle down. See what happened to zhong Kong in the 90s.

[@metalalive2006]

Good to know the up-to-date housing cost, much harder to save income when the rental requires more than 3.3k SGD while you only earn less than 5k

[@TheKrazyKoala]

it's so fun!

[@Aurica34]

Cost of living in Singapore has risen dramatically. Public transport is always cheaper but after the Pandemic - everything just adds up even if you are not taking taxis or grab. Food and commodity is more expensive and war in Ukraine has not help. Covid has not help with the supply chain either. Rental has also skyrocketed because the lack of BTOs being built. Again caused by the Pandemic because most construction work is done by immigrants from India, Bangladesh and Myanmar. With the Pandemic, it is not easy to get foreign workers to come work in Singapore. Further to that, there is also increasing demand of housing in Singapore. I am sure you know that Hong Kong is no longer the financial center of Asia. Many expats in HK has shifted here. Chinese or HKers have shifted here, these factors drive up housing / rental even further.

[@TheKrazyKoala]

it's very expensive....

[@girlfromthepast2233]

Back in 2011-12 the prices of hdb and condos for rent are like that already.

[@TheKrazyKoala]

lol

[@henrylim695]

Singapore for Singaporeans (born and bred here). We have a government that manage the country well, financially and physically. It even are concern for the future generations to come. Foreigners and PRs are not their priorities and rightfully not entitled to the country's prosperity.

[@TheKrazyKoala]

whoever pays the tax to the govt have the right to enjoy benefits. foreigners' tax money eventually benefits sg ppl

[@henrylim695]

Citizens born and bred in spore are the ones to enjoy and benefit from the country's progress and govt subsidies. Their predecessors had sacrificed much for future generations to come. PRs and foreigners are thus enjoying the fruits of our hardworking predecessors. Paying taxes are by law and not entitled to other benefits. Most of them are just opportunists, enjoying the blood, sweat n tears of true blue sporeans. Their taxes are just a drop in the ocean.

[@henrietta9206]

我们爱新加坡， 因为我们是正真的新加坡人。 别人要新加坡，只因为是利益的角度 - 不流甚至一滴汗的情况之下夺我们父我们母牺牲换取的果。一个正真的心，是不能用钱买的。 政策 里头 允许 所谓 权被偷， 地被枪。你情我愿 ... . they rode for free, upon on the waves of those who suffered, sacrificed and endured before us, Henry There are among us ..sellouts. Policies are...from policy makers which by rights (like you said) ought to be in considerations of the very people who voted them in. and not the wellbeing of.....any.....other.....entities _(period)._ unless like you said Henry, the governance have rightful priorities, prosperity ought to be for those who initially built prosperity. 我们剩下的口水，如果他要， 就给她吧

[@bernardwong913]

Inflation is all over the world. Perhaps the cost of living in US also increased a compared to your earlier years too.

[@vwchan841]

Yes, I guess I will see how staying in the Marina Bay Sands will go in a few weeks. In the meantime, I am enjoying the food of Malaysia!!!! Cheap and very good!!!

[@TheKrazyKoala]

wow haha still in MY??

[@alvink82]

Morning, it's 745am I'm in Skane Sweden. Had the most crazy travel to drive a car from Denmark to Sweden. Apparently to most expensive toll bridge in the world. I had nothing to eat from lunch the day before looking forward to breakfast. Will comment your video tonight. Thank God I am not frozen yet

[@TheKrazyKoala]

how are you enjoying there? did u visit lego house?

[@alvink82]

@@TheKrazyKoala Lego house is 2.5 hours from CPH and 3.0 hours and south Sweden. I can photo only outside. But I have a crazy photo splash in like paparazzi style 5 places on 1 hour. Show you soon. If I visited Lego house I will need to extend my Scandinavian trip...

[@kadalah2642]

Am living in India and my monthly expenses is $62(5000 rupees).

[@TheKrazyKoala]

Wow. How much is your rent?

[@kadalah2642]

2500 rupees. 2500 for other expenses. And I should say am still maintaining an average quality life. As I Haven't started working yet. Hunting government job. As many Indian youth does ☺

[@wujianxue7695]

Relax, enjoy life, money are just numbers. Imagine we are in the metaverse, life is just a game. Have fun and happy Thanksgiving ☺️

[@TheKrazyKoala]

haha right. money is just #

[@дрэам]

It would be very interesting to learn how you invest and keep your portfolio

[@andykau77]

Yes, inflation is very real and it’s affecting everyone badly. Luckily the singapore government have done many things to minimize the impact, but it still hurt our pocket and everyone need to tighten our belt. Hopefully it won’t get worst.

[@TheKrazyKoala]

Ya it’s super expensive these days 😅

[@asiacuisine4869]

U must have been sleeping. In western nations, inflation was caused by their sanctions on Russia. In Sg, it is mainly caused by mass foreign money in properties, which benefits no one but the rich, incl the gov ministers themselves, their friends and Temasek.

[@benben2528]

Yes. Thank you for sharing

[@ngoandrew8]

Not just in Singapore, in Canada, everything went up too! Food cost is double, rent is almost double, gas price is also double……

[@TheKrazyKoala]

So crazy!

[@michaelshih8163]

That is just not true at all. I live in Canada. I know you are telling a lie. Rent is up about 15%, food is up about 10%. Gas is up less than 10%.

[@ngoandrew8]

@@michaelshih8163 she was comparing prices from a couple of years back and now. In downtown Vancouver, one bedroom apt rent was $1000 but now is almost $2000 per month. Used to pay $40 for dim sum with family now easily $80. Gas price went up to $2.35 per liter unless you are living in Ontario still enjoying lower price.

[@michaelshih8163]

@@ngoandrew8 she was comparing prices today with those two years ago. but you are comparing prices today with those of 15 or 20 years ago.

[@ngoandrew8]

@@michaelshih8163 I am comparing prices before Covid.

[@jackpei23]

For food, threre are a lots of ways to save money and eat well with delicious food too.

[@TheKrazyKoala]

haha yes. we can cook high quality food

[@switchback4312]

Especially with the covid, all countries are affected. Almost all places will have increase in costs. People have to be innovative. As for foods, the best way to save is to cook ourselves and eat. When we buy cooked food, we forget we are also paying for the salary and other stuff. There are people who will search for free foods. Anything to save a buck or two. The world not only change because of the costs but the way people think and do things. The internet plays a big part because there are so many ideas. The internet also offers ideas on how to save and how to find free or cheaper foods.

[@xuyufu5731]

Useless garverbmen is real rather than inflation. How can some stall sell way cheaper while most just keep increasing price and cited inflation to justified. No control.

[@stargazeronesixseven]

Being humble & honest in your presentation , make Krazy Koala even more likeable! Yes , inflations are making many products & services more costly now in 2022 for everybody! Stay humble & carrying on! We love you & take good care of yourself Krazy Koala! 🌷🌿🌍💖🕊🇺🇸🇸🇬

[@TheKrazyKoala]

So sweet of you 🥰

[@jc_production]

Your HDB search of $3,300 is where I am staying now! LOL! What a coincidence! Yes, our rental market is crazy. Very.

[@TheKrazyKoala]

Wow hahaha

[@boonwahtay2682]

You can find $2.50 rice with 1 meat and 1 vegetable. $3.20 with another dish added. Fish is usually higher in price and can bring you to the $4++ to $5++ range

[@TheKrazyKoala]

Yes people eat too little. I eat 5 dishes

[@boonwahtay2682]

@@TheKrazyKoala yet you still look so slim and gorgeous. Must be the exercise, latin dance and lots of intellectual work. Wonder eating more dishes is an american portion thing?...

[@stevenlim9640]

noelah! you dreaming! 1 meat and 1 vegetable is $3.00 now ! fish is $6 or more

[@boonwahtay2682]

@@stevenlim9640 not dreaming. You can really have that. Give you tips - go to coffee shop chai peng store in beach road near golden mile hawker center and another one in King George area. And some Chang Cheng Mee Wah stall too

[@booshipvideo5513]

I see the $70 meal included black pepper crab. Crab is rough about $20 depend on weight and location. Almost no Singaporean eating alone having meal including crab

[@TheKrazyKoala]

hahaha

[@pokemansgmerlion1863]

Oh dear darling you got rip off you have travel more to look around some of food price can be cheaper but you have look at your location I would said sometime mixed rice is is good go out buy at night time since their almost closing their food going be thrown out anyway they will sell slightly cheaper

[@AsisSamsuhang]

That's what happened in HK mainland chinese brought all the house and it's really costly now.

[@TheKrazyKoala]

i didn't know about hK. only know mainland haha

[@madeinaustralia2020]

They are doing the same thing to Australia. Driving up the rental price.

[@TheKrazyKoala]

Ya sounds about right

[@Now2Market]

Our Government strategy to fight inflation and high costs of living is - "increase the cost of everything". Example, ERP, GST, Utilities, etc. That's how our Reserves, which supposed to be a secret is at least over US$1.5 trillion. And we continue to be successful because majority willing to work till death to pay their dues. Plus the Rich and Wealthy are Welcome to park their money here, apply for PR or Citizenship, thereby increasing the value, real or not, of the actual worth. In addition, we increase our productivity by importing low cost labor especially from surrounding countries. Presently, we have over 40% foreign population out of total 5.6 million. This will continue until the system can't.

[@TheKrazyKoala]

It’s a crazy world

[@steventay5834]

Now hawkers are struggling because they increase prices to unbearable level. Many have closed down.

[@beckspace]

our condo we rented 2700sgd last 2 years. but now they increase to 4200sgd

[@TheKrazyKoala]

Geez

[@Dennis-kp2bc]

Hi Koala, Yes things are going up almost everywhere in the world. We just need to keep track of what we spend, for me every one week I will check how much I spend for the whole week. 👍👍👏👏💖💖

[@TheKrazyKoala]

that's very good habit!

[@neutraluser4019]

Yup, the upcoming 1~2% GST increment will give another reason for retailers to increase their prices by 10~20%. I could never understand their maths 😞😓😩

[@sergiysanin4767]

Explaining math: vaccines are free = you pay for them via higher taxes. Do numbers match up now?

[@TheKrazyKoala]

Haha

[@ErikaShimozato]

please share your investment and financial advises thank you!

[@TheKrazyKoala]

plz comment on my community tab. there is a Q&A comment to collect people's question

[@jasonlai1892]

I checked my town 3 room flat HDB rental ad i noticed a week ago most of the landlords been putting $ 3500. Several weeks ago i was amazed it was $3000. Before covid the norm is $1600 per mth. Yesterday i notice an indian guy in our lift and i ask if he is a tenant and he said yes. I ask about his rental cost he said in a sort of frustrated and helpless manner, 3000. He then added 3000 dollars. Thus this is not just a myth. I plan to rent out my house in medium term and live in Malysia and this could equate to MYR 10 000. The rental there is MYR 2500 or even 1500 for condo, landed house. Even if you throw in transport, utilities and whats not bills, you still have decent amount of money to spend on food etc. Actually i meant to say luxury. Imagine MYR weaken somemore. Ya. There is site we can even connect with potential tenants seeking for landlords with their photos. Yes the cost of living in Singapore is getting high with some biz jack up prices in the name of inflation. Sad of the young middle class they will spend a chunk on rising mortgage loan and inflation that eat into otherwise savings. Hope Singapore will not become Hong Kong. Govt need to keep the food prices in check at hawker centre since their rental are subsidized. Whats the point of subsidize them if they sell chicken rice at $4.50 like the coffeeshop ? Oic the mainland Chinese ? No wonder the rental hike. They have enormous population. Yes i heard of bidding of rents by prospective tenants. Some even bid without seeing the unit. Very good video. I am out of touch with the prices for even ordinary Singapore. This is not just high cost of living but daylight robbery. We need to re adjust our living expenses wisely or pay whatever they throw. My course trainer told us mths ago he own restaurant biz. He would love to take these opportunity to raise his prices but unfortunately the raise has went to pay power bill. My point is there are some biz which are opportunistic. Day before i notice NTUC fairprice selling 6 pcs type of bread increased to $ 1.50 from $ 1.20 i was shocked. I took a closer look the weight increase from 230g to 300g thats how the biz justify the increase. Smart move instead of lower the weight while maintain the price. They effectively increase the sales and price same time. Ppl will get use to paying. But with cheaper option on the same rack and better taste, i will forgo it. Yes transport is cheap compared other cities but every year the companies will try to hike the price. Thats why some ppl wanted these to be nationalize. You cant live without them. For me too bad i dont know how to cycle but i rely on walking. I hate to to top up my card every 2 to 3 days. There are some stuffs i stubbornly refuse to pay. This works cos i only walk out of my town once every few mths.

[@TheKrazyKoala]

increase so fast

[@jasonlai1892]

@@TheKrazyKoala Yes. After hearing with my own ears from the indian tenant now i know its not a myth.

[@rongquanyang3828]

I lived in SG about 1.5 years, from my experience, it’s true only for house rent. SG is more expensive than the video. for example, 27 SGD per KG pork. don’t use the cheapest way to evaluate your living

[@TheKrazyKoala]

haha yes you're right

[@metal2020]

buy from ntuc fairprice ,i suggest an airfryer yu can save from eating at mcdonalds burger king seriously lotsa good frozen food ,im not working since 8 mnths n just staying with my brader and sis ,best way save cost n eat more vege stay healthy all

[@Potomacstud]

It is definitely the rent , once you take that expense out of the equation , you are teflon clad , you didn't lie , rent was not a killer when you made your assessment back then

[@TheKrazyKoala]

it is true :)

[@Potomacstud]

@@TheKrazyKoala you didn't lie , your assesment was accurate and factual before the hike in US fed rates which directly linked to real estate pricing spilling into rental and spike in consumer price index

[@thsim88]

if4k rental for 2 bedrm might as well buy

[@bukitkatilmp]

Move to Kuala Lumpur then on an expat salary. You can get a much larger fully furnished condo and expenses at 1/3 the price. We have excellent MRT, LRT and Monorail too. Peace ✌️

[@TheKrazyKoala]

oh haha

[@bukitkatilmp]

@@TheKrazyKoala Yeah more expats are based there now, especially from Japan, South Korea, UK, US and the EU because they get a better quality of life compared to Singapore. Also Singapore is losing its allure and Kuala Lumpur seems to be the hotspot now in Asia.

[@jimw8615]

Very safe too.

[@28excellent]

@@jimw8615 Are u sure?????? 😂

[@Frederick-765]

@@jimw8615 nahhhh

[@TsoSangho]

Oh love yes you're right, how life has changed after the coronavirus pandemic, everything is getting costlier everywhere, I think I have to go back to my farm and plant my crops and vegetables...😊

[@TheKrazyKoala]

Wow you have a farm? Where? Lol

[@TsoSangho]

Yes a small piece of land but It's a secret sorry I can't tell you 😁

[@raygan777able]

It doesn't matter. To me, you can do no wrong.

[@pigz2pigz]

Condo at Tanjong Rhu?

[@karlemporio5947]

Things have change much as compare to 2-3 years back. Cost of living have shoot up not so affordable to live here. Wages has remain stagnant.

[@TheKrazyKoala]

ya crazy

[@duomax100]

Hi Koala, thanks for the video. Thanks for the honesty. I like the video indeed. 😄👍. Yes, inflation is real and hurting. Singapore is getting more expensive nowadays. So in your opinion: is Singapore still the best place or country to live in... ☺️😊🙂

[@TheKrazyKoala]

haha thank you . hope to see you on other videos