Lowyat.NET: Latest topics by bennike129

Working in Singapore V20

bennike129 — Wed, 01 Mar 2017 21:23:01 +0800

It's time for a new thread on 2017!

Previous V19 Thread

Previous V18 Thread

V17 Thread

Job Hunting

- Job hunting is more difficult now thanks to the Fair Consideration Framework but still possible.
- Popular Job Search Sites: JobStreet, Monster, eFinancialCareers

Employment

- There are 4 types of Work Passes for foreigners in SG: WP, S-Pass, EP and PEP. Visit MOM website for more information on these passes.
- The company hiring you has to initiate all the formalities for you so no need to worry too much on what type of pass or how to apply for it.
- Note that different types of work pass have different rights, benefits & restrictions.

CPF and Income Tax

- If you work 183 days or more in a calendar year you are a tax resident and pay the same progressive tax rates as locals.
- If you work less than 183 days you are not a tax resident and pay flat 15% tax or progressive tax rates as locals (whichever is higher). However the following year if your employment spills over into exceeding 183 days you can request IRAS to re-assess you as a tax resident and refund you the difference in tax paid.
- Visit IRAS website for more information on taxes.
- CPF (equivalent of our EPF) is only mandatory for PR's and SC's (Singapore Citizens) at 16% Employee, 20% Employer, capped at first $5k per month.
- Some companies will encash the employer portion for foreigners.
- Visit CPF Website for more information on CPF.

Permanent Residence

- ICA does not have any official guidelines for PR approval (or any points system like Australia/NZ).
- Previously most agencies recommend applying for PR after 1 year if you are on P1 EP, 2 years or more if you are on P2/Q1 EP.
- Visit ICA website for more information on applying for PR.

Accomodation in Singapore

- Accomodation $600-$100 (room) $2000-$3000 (entire flat)
- Typical costs are 1st month rental + 1 month deposit (for each year of the lease) + 1/2 month agent fee (for each year of the lease).
- Foreigners can only own Private Condominiums and are subject to ~18% stamp duty. PR's can own Private Condominiums and Resale HDB's are and subject to ~8% stamp duty.
- Popular room/house search websites: PropertyGuru, FlatsDB, RoomsDB, EasyRoomMate.

Accomodation in Johor

- Foreigners on Work Pass living in Malaysia and commuting to SG can drive MY-registered cars and bikes. Cars incur $35 and bikes incur $4 VEP/daily.
- PR's and SC's living in Malaysia and commuting to SG can only drive SG-registered cars and bikes into the island.
- Visit LTA website for more information on operating a car in SG as a foreigner.

Driving in Singapore

- Foreigners on Work Pass are allowed to drive in Singapore for the first year only using Malaysian Drivers License. For second year onwards you are expected to convert to Singapore license.
- Visit eCitizen site for more information on converting your license.
- Note that foreigners on work pass are only allowed to drive Malaysia-registered cars if you stay outside Singapore. Visit LTA site for more information.

Expenses

This is very subjective depending on the spending power of different individuals. Basic monthly expenditure:
- Accomodation up to $600-$1000 (room) $2000-$3000 (entire flat)
- Food $500 and up
- Transport $60 and up
- Handphone, bills and utilities $100 and up
- Entertainment, shopping etc $xxxx

Working in Singapore V19

bennike129 — Tue, 14 Jun 2016 19:54:26 +0800

Previous V18 Thread

V17 Thread

Job Hunting

- Job hunting is more difficult now thanks to the Fair Consideration Framework but still possible.
- Popular Job Search Sites: JobStreet, Monster, eFinancialCareers

Employment

- There are 4 types of Work Passes for foreigners in SG: WP, S-Pass, EP and PEP. Visit MOM website for more information on these passes.
- The company hiring you has to initiate all the formalities for you so no need to worry too much on what type of pass or how to apply for it.
- Note that different types of work pass have different rights, benefits & restrictions.

CPF and Income Tax

- If you work 183 days or more in a calendar year you are a tax resident and pay the same progressive tax rates as locals.
- If you work less than 183 days you are not a tax resident and pay flat 15% tax or progressive tax rates as locals (whichever is higher). However the following year if your employment spills over into exceeding 183 days you can request IRAS to re-assess you as a tax resident and refund you the difference in tax paid.
- Visit IRAS website for more information on taxes.
- CPF (equivalent of our EPF) is only mandatory for PR's and SC's (Singapore Citizens) at 16% Employee, 20% Employer, capped at first $5k per month.
- Some companies will encash the employer portion for foreigners.
- Visit CPF Website for more information on CPF.

Permanent Residence

- ICA does not have any official guidelines for PR approval (or any points system like Australia/NZ).
- Previously most agencies recommend applying for PR after 1 year if you are on P1 EP, 2 years or more if you are on P2/Q1 EP.
- Visit ICA website for more information on applying for PR.

Accomodation in Singapore

- Accomodation $600-$100 (room) $2000-$3000 (entire flat)
- Typical costs are 1st month rental + 1 month deposit (for each year of the lease) + 1/2 month agent fee (for each year of the lease).
- Foreigners can only own Private Condominiums and are subject to ~18% stamp duty. PR's can own Private Condominiums and Resale HDB's are and subject to ~8% stamp duty.
- Popular room/house search websites: PropertyGuru, FlatsDB, RoomsDB, EasyRoomMate.

Accomodation in Johor

- Foreigners on Work Pass living in Malaysia and commuting to SG can drive MY-registered cars and bikes. Cars incur $35 and bikes incur $4 VEP/daily.
- PR's and SC's living in Malaysia and commuting to SG can only drive SG-registered cars and bikes into the island.
- Visit LTA website for more information on operating a car in SG as a foreigner.

Driving in Singapore

- Foreigners on Work Pass are allowed to drive in Singapore for the first year only using Malaysian Drivers License. For second year onwards you are expected to convert to Singapore license.
- Visit eCitizen site for more information on converting your license.
- Note that foreigners on work pass are only allowed to drive Malaysia-registered cars if you stay outside Singapore. Visit LTA site for more information.

Expenses

This is very subjective depending on the spending power of different individuals. Basic monthly expenditure:
- Accomodation up to $600-$1000 (room) $2000-$3000 (entire flat)
- Food $500 and up
- Transport $60 and up
- Handphone, bills and utilities $100 and up
- Entertainment, shopping etc $xxxx

USA Stock Discussion v8

bennike129 — Tue, 14 Jun 2016 19:45:39 +0800

USA Stock Discussion v6

USA Stock Discussion v7

New thread!

Bandar Rimbayu V5, The Township Nature Perfected

bennike129 — Wed, 25 May 2016 22:08:26 +0800

Bandar Rimbayu V4, The Township Nature Perfected
https://forum.lowyat.net/topic/3596031

Bandar Rimbayu V3, The Township Nature Perfected
https://forum.lowyat.net/topic/3401249/+3720

Bandar Rimbayu V2, The Township Nature Perfected
https://forum.lowyat.net/topic/3231733/+2160

New thread guys!

Overview
Bandar Rimbayu is a premier township development inspired by nostalgia for a time when life was simple and people lived close to nature, in a safe, supportive neighbourhood. Set in tranquil green surroundings on a 1,879 acre site, Bandar Rimbayu will be an iconic mixed development of residential, commercial, recreational and parkland components.

With a gross development value of RM11billion, Bandar Rimbayu will be an integrated township with residential, commercial and recreational components spread over 4 precincts : Flora, Fauna, Bayu and Commercial Hub. Bandar Rimbayu’s strategic location with accessibility via 5 major highways to Kuala Lumpur City Centre, Subang, Petaling Jaya, Damansara, Puchong, Shah Alam and Klang Valley gives the township excellent connectivity.

Show Gallery
Bandar Rimbayu Show Gallery
Bandar Rimbayu Sdn Bhd (568093-K)
No.1, Jalan Flora 3, Bandar Rimbayu
42500 Telok Panglima Garang
Selangor Darul Ehsan
Tel: 1700 81 8686

GPS Coordinate
2°56'27.9"N 101°32'46.9"E

Credits: ohfishee

STOCK MARKET DISCUSSION V150

bennike129 — Wed, 27 Jan 2016 17:53:19 +0800

New thread for 2016

Old V149 - https://forum.lowyat.net/topic/3571497

---

Edit: Year 2020

Working in Singapore V18

bennike129 — Sun, 08 Nov 2015 07:14:29 +0800

V17 Thread

Job Hunting

- Job hunting is more difficult now thanks to the Fair Consideration Framework but still possible.
- Popular Job Search Sites: JobStreet, Monster, eFinancialCareers

Employment

- There are 4 types of Work Passes for foreigners in SG: WP, S-Pass, EP and PEP. Visit MOM website for more information on these passes.
- The company hiring you has to initiate all the formalities for you so no need to worry too much on what type of pass or how to apply for it.
- Note that different types of work pass have different rights, benefits & restrictions.

CPF and Income Tax

- If you work 183 days or more in a calendar year you are a tax resident and pay the same progressive tax rates as locals.
- If you work less than 183 days you are not a tax resident and pay flat 15% tax or progressive tax rates as locals (whichever is higher). However the following year if your employment spills over into exceeding 183 days you can request IRAS to re-assess you as a tax resident and refund you the difference in tax paid.
- Visit IRAS website for more information on taxes.
- CPF (equivalent of our EPF) is only mandatory for PR's and SC's (Singapore Citizens) at 16% Employee, 20% Employer, capped at first $5k per month.
- Some companies will encash the employer portion for foreigners.
- Visit CPF Website for more information on CPF.

Permanent Residence

- ICA does not have any official guidelines for PR approval (or any points system like Australia/NZ).
- Previously most agencies recommend applying for PR after 1 year if you are on P1 EP, 2 years or more if you are on P2/Q1 EP.
- Visit ICA website for more information on applying for PR.

Accomodation in Singapore

- Accomodation $600-$100 (room) $2000-$3000 (entire flat)
- Typical costs are 1st month rental + 1 month deposit (for each year of the lease) + 1/2 month agent fee (for each year of the lease).
- Foreigners can only own Private Condominiums and are subject to ~18% stamp duty. PR's can own Private Condominiums and Resale HDB's are and subject to ~8% stamp duty.
- Popular room/house search websites: PropertyGuru, FlatsDB, RoomsDB, EasyRoomMate.

Accomodation in Johor

- Foreigners on Work Pass living in Malaysia and commuting to SG can drive MY-registered cars and bikes. Cars incur $35 and bikes incur $4 VEP/daily.
- PR's and SC's living in Malaysia and commuting to SG can only drive SG-registered cars and bikes into the island.
- Visit LTA website for more information on operating a car in SG as a foreigner.

Driving in Singapore

- Foreigners on Work Pass are allowed to drive in Singapore for the first year only using Malaysian Drivers License. For second year onwards you are expected to convert to Singapore license.
- Visit eCitizen site for more information on converting your license.
- Note that foreigners on work pass are only allowed to drive Malaysia-registered cars if you stay outside Singapore. Visit LTA site for more information.

Expenses

This is very subjective depending on the spending power of different individuals. Basic monthly expenditure:
- Accomodation up to $600-$1000 (room) $2000-$3000 (entire flat)
- Food $500 and up
- Transport $60 and up
- Handphone, bills and utilities $100 and up
- Entertainment, shopping etc $xxxx

WTS Shoei Z-7 Dominance TC-1 Helmet

bennike129 — Mon, 26 Oct 2015 17:36:54 +0800

Item(s): Shoei Z-7 Dominance TC-1 White Helmet

Package includes: Original Shoei Z-7 TC-1 Dominance Helmet, Box, Manual, Rubber Solution, Helmet Sack, Purchase Receipt, Warranty Slip

Color: TC-1, White

Size: XL, 61-62 CM

Price: SOLD!

Original Retail Price: RM 1,749 (inclusive of 6% GST)

Warranty: 5 Years from Shoei Malaysia (via Sinar Puncak Sdn Bhd - Official Shoei Retailer MY)

Dealing method: COD or Post Laju (buyer bear the risk)

Location of seller: Subang Jaya

Contact method/details: WhatsApp or SMS - 0162934499

Age of item: Less than 1 week

---

Item(s) conditions: Brand New With Sticker

Picture:

Reason for sale: Got extra helmet of the same model.

USA Stock Discussion v7

bennike129 — Tue, 14 Jul 2015 22:16:34 +0800

USA Stock Discussion v6

New thread

Bandar Rimbayu V4, The Township Nature Perfected

bennike129 — Tue, 02 Jun 2015 09:54:26 +0800

Bandar Rimbayu V2, The Township Nature Perfected
https://forum.lowyat.net/topic/3231733/+2160

Bandar Rimbayu V3, The Township Nature Perfected
https://forum.lowyat.net/topic/3401249/+3720

New thread guys!

Overview
Bandar Rimbayu is a premier township development inspired by nostalgia for a time when life was simple and people lived close to nature, in a safe, supportive neighbourhood. Set in tranquil green surroundings on a 1,879 acre site, Bandar Rimbayu will be an iconic mixed development of residential, commercial, recreational and parkland components.

With a gross development value of RM11billion, Bandar Rimbayu will be an integrated township with residential, commercial and recreational components spread over 4 precincts : Flora, Fauna, Bayu and Commercial Hub. Bandar Rimbayu’s strategic location with accessibility via 5 major highways to Kuala Lumpur City Centre, Subang, Petaling Jaya, Damansara, Puchong, Shah Alam and Klang Valley gives the township excellent connectivity.

Show Gallery
Bandar Rimbayu Show Gallery
Bandar Rimbayu Sdn Bhd (568093-K)
No.1, Jalan Flora 3, Bandar Rimbayu
42500 Telok Panglima Garang
Selangor Darul Ehsan
Tel: 1700 81 8686

GPS Coordinate
2°56'27.9"N 101°32'46.9"E

[attachmentid=4469875]

[attachmentid=4469877]

[attachmentid=4469880]

[attachmentid=4469882]

[attachmentid=4469885]

STOCK MARKET DISCUSSION V149

bennike129 — Thu, 07 May 2015 08:07:46 +0800

New thread guys

Westports Holdings Berhad v2

bennike129 — Thu, 26 Feb 2015 08:21:31 +0800

New thread!

Westports Holdings Bhd is eyeing a suitable merger and acquisition (M&A) target particularly in the Asean region that would be able to chart good growth to the benefit of terminal operators. CEO Ruben Emir Gnanalingam told that he was keen on pursuing a deal but had yet to find a terminal in the region that could join the group. Clearing the air on market rumour that the company is already in talks with external parties, Ruben said that so far nothing suitable was on the plate yet. "I can tell you that we are keen, but we want to pursue the right deal where pricing, valuation and prospects of the terminal are within our expectations. Southeast Asia is the strongest market for us, as the countries here are still bullish on the economic outlook. Asean potential is amazing in the next 20 to 30 years. This is where the growth will be," he said. (StarBiz)

http://www.thestar.com.my/Business/Busines...rowl/?style=biz

STOCK MARKET DISCUSSION V148

bennike129 — Mon, 15 Dec 2014 08:44:06 +0800

New thread for the upcoming new year

http://www.fundsupermart.com.my/main/resea...l?articleNo=112

WTS Giraffe Brown Casual Shoes 7 CM

bennike129 — Sat, 22 Nov 2014 11:27:57 +0800

Item(s): Giraffe Brown Casual Shoes 7 CM

Package includes: Giraffe Brown Casual Shoes 7 CM + Box + Original Receipt

Price: RRP = RM 359

Best Price: RM 290 nego

Warranty: N/A

Dealing method: COD or Postage (buyer bears the risk and postage fees)

Age of item: Brand New in Box

---

Item(s) conditions: Wear this during your casual outing. It's not obvious when worn together with long pants or jeans!

Picture:

Reason for sale: Trader

WTS Onitsuka Tiger Classic Mexico 66

bennike129 — Sat, 22 Nov 2014 11:16:03 +0800

Item(s): Original Onitsuka Tiger Classic Mexico 66 Design

Package includes: Original Onitsuka Tiger Shoe Bag + Onitsuka Tiger Shoes + Box

Price: RRP: RM 349

Best Price: RM 280 nego

Warranty: N/A

Dealing method: COD or Postage (buyer bears the risk + postage fees)

Location of seller: Subang Jaya

Contact method/details: WhatsApp or SMS - 016 293 4499

Age of item: 1 Year

---

Item(s) conditions: 9.5/10

Picture:

Reason for sale: Trader

USA Stock Discussion v6

bennike129 — Mon, 03 Nov 2014 08:26:48 +0800

Time for a new thread for the bullish Nov

News To Look Out For For The Weeks Ahead
"The U.S. midterm elections will be the key focus of next week, while Friday’s U.S. jobs report and Tuesday’s earnings report from Alibaba will be watched closely by investors. And next weekend, all eyes will be on a couple of big events in Europe.

Midterm Elections
Control of Congress hangs in the balance as U.S. voters head to the polls on Tuesday. While many signs indicate the GOP may gain control of the Senate, races are too close to call in at least eight states that could determine the outcome of the election. The latest Wall Street Journal/NBC News poll shows Republicans are clinging to a narrow lead on the question of which party likely voters want to see in control of Congress.

U.S. Jobs Report
We’ll learn on Friday whether the U.S. continued its steady employment gains in October, when the Labor Department releases its monthly jobs report. Job growth in the past 12 months has hit its healthiest pace in more than eight years, with employers adding an average of 227,000 jobs a months since the beginning of the year. The unemployment rate fell to 5.9% in September, its lowest level since 2008. Here are 5 things to watch next week on the economic calendar.

Alibaba Earnings
Chinese e-commerce giant Alibaba reports its first quarterly earnings on Tuesday since its record $25 billion initial public offering in September. The company’s shares have been marching higher after bottoming at $82.81 on Oct. 15, and the numbers could well determine where they go from here. Other big earnings next week include Sprint and AIG on Monday; 21st Century Fox, CVS and Priceline on Tuesday; Time Warner, News Corp and Qualcomm on Wednesday; and Disney on Thursday.

Catalan Vote
The wealthy Spanish region of Catalonia is planning a symbolic vote on independence on Nov. 9. The voting process is informal, but that hasn’t stopped Spanish Prime Minister Mariano Rajoy from preparing a possible legal challenge to block it. While many Catalan independence supporters initially criticized the balloting format as lacking credibility, more Catalans have come around to embracing it as a show of resolve.

Berlin Wall Anniversary
Germans will celebrate the 25th anniversary of the fall of the Berlin Wall, which led to the country’s reunification, on Nov. 9. Locals will be reminded of the scale of this historic event by a light installation that will run along the former course of the wall, dividing the capital city temporarily. Chancellor Angela Merkel will also open a new exhibition at the Berlin Wall memorial and witnesses will tell their stories of how the event unfolded." - WSJ

http://blogs.wsj.com/briefly/2014/10/31/we...eport/?mod=e2tw

Crumpler Cheesy Disco Messenger - Red

bennike129 — Sun, 19 Oct 2014 11:22:02 +0800

Item(s): Original Crumpler Bag - Red

Package includes: Crumpler Bag

Price: RRP: RM 499

Best Price: SOLD

Warranty: N/A

Dealing method: COD or Postage (Buyer bear the risk or postage fee)

Location of seller: Subang Jaya

Contact method/details: 016-2934499, SMS or WhatsApp

Age of item: 1 Year

Measurement:
Dimensions: 49 x 29 x 15 cm. Compatiable with : 12,13,14 and 15 inch laptop

---

Item(s) conditions: 9/10

Picture:

Reason for sale: Need smaller crumpler for 11 inch macbook.

Reebok Sport Bag

bennike129 — Sun, 19 Oct 2014 11:12:40 +0800

Item(s): Reebok Sport Bag

Package includes: Reebok Sport Bag With Tag

Price: RRP: RM 99.00

Best Price: SOLD (20% discount!)

Warranty: N/A

Dealing method: COD or Postage (Buyer bear the risk payment + fee)

Location of seller: Subang Jaya

Contact method/details: 016-2934499, SMS or WhatsApp

Age of item: Brand New With Tag

Measurement:
- Length x Height x Width (L: 10.7" x H: 18" x W: 6.5")
- Handle drop measures 1.6"
- Shoulder drop measures 7"
- Fabric
- Fabric shoulder straps
- Main compartment with zip fastening
- One front zip pocket
- Fabric inner lining
- Padded back

---

Item(s) conditions: 10/10

Picture:

Reason for sale: Extra Unit

WTS Samsung Tab 2 10.1 3G GT P5100 White

bennike129 — Fri, 26 Sep 2014 20:51:21 +0800

Item(s): Samsung Tab 2 10.1 3G GT P5100 White

Package includes: Samsung Tab 2 10.1 White, USB Cable, Wall Charger, Free Leather Case (worth RM89)

Price: SOLD (negotiable)

Warranty: Warranty Ended

Dealing method: Cod or Postage (buyer bear the risks)

Location of seller: Subang Jaya

Contact method/details: WhatsApp or SMS (016-2934499)

Age of item: 1.5 years

---

Item(s) conditions: 9.5/10

Picture:

Reason for sale: Upgraded to iPad Mini 2

WTS Samsung Tab 2 10.1 3G GT P5100 White

bennike129 — Fri, 26 Sep 2014 20:49:51 +0800

Item(s): Samsung Tab 2 10.1 3G GT P5100 White

Package includes: Samsung Tab 2 10.1 White, USB Cable, Wall Charger, Free Leather Case (worth RM89)

Price: RM590 (negotiable)

Warranty: Warranty Ended

Dealing method: Cod or Postage (buyer bear the risks)

Location of seller: Subang Jaya

Contact method/details: WhatsApp or SMS (016-2934499)

Age of item: 1.5 years

---

Item(s) conditions: 9.5/10

Picture:

Reason for sale: Upgraded to iPad Mini 2

STOCK MARKET DISCUSSION V147

bennike129 — Mon, 01 Sep 2014 11:12:04 +0800

New thread for the new month