Hi Vingmed,
$8k monthly salary is pretty decent to get a single bedder private residential property for rental. In fact there are still plenty of household in Singapore where combined income is way below $8k. Given that you will be here with your wife only, and considering that you will want to put away a decent portion of your income as savings, you may wish to work on a $3k rental budget, which would likely get you a decent 2 bedroom apartment in a small private residential project near Maritime Square (probably Pasir Panjang area). Typical household in Singapore can get by monthly with $3k expenses subjected to your lifestyle, which means you have a good $2k to work with for savings and some enjoyment. Of course the above breakdown differs person to person therefore should not be taken as default.
I am marketing a 2 bedrooms apartment in Pasir Panjang at the moment therefore if you are keen, I can arrange viewing for you as soon as possible.
Regards,
Geryl LIM
Senior District Manager/Real Estate Consultant
CEA Reg R014783H
Mobile:
+65-81577565
/+65-92787772
ECG Property Pte Ltd (L3009759F)
Dynamic Alliance Group @ www.DAG.com.sg
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