PDA

View Full Version : P1 registration strictly by distance and no more balloting



Pages : 1 [2]

land118
27-03-12, 12:26
recently, i heard form someone that for some branded school, there is even a queue to be PV...:scared-1:

extremme
27-03-12, 12:33
recently, i heard form someone that for some branded school, there is even a queue to be PV...:scared-1:not just branded schools, even normal neighbour hood schools also have quenes and schools are very selective. I have friends who are not even selected for PV interview process, not to say PV

devilplate
27-03-12, 12:38
aiya tell u wat....condos near international schools HUAT HUAT ARGH!!!!!!!!!!!!!!!!!!!!!!!!!!

got one right beside....wakakaka

dream a dream:D

Condo Kaiser
27-03-12, 12:40
aiya tell u wat....condos near international schools HUAT HUAT ARGH!!!!!!!!!!!!!!!!!!!!!!!!!!

got one right beside....wakakaka

dream a dream:D

i think so too...... haha...

ysyap
27-03-12, 12:43
Perhaps a clearer explanation is as follows:

If you are a SC, but not alumni, PV , RC member, clan member etc, you are eligible only for Phase 2C, the most keenly fought phase.

If you are a PR who is either alumni, PV, RC member, clan member etc, you belong to Phase 2A or 2B. You get priority over the SC who is eligible only for phase 2C. But, you do not have priority over SCs who are in the same phase as you, e.g. 2A or 2B.

So, a PR who wants to go to a top school needs to be a PV if he has no other connections, to stand a chance of getting in.In short, the new policy has v little effect. PRs can still be ahead of SC if they are really keen but they probably cannot choose a top top primary school lor... This system basically ensures that Singaporeans get into our top schools. :)

ysyap
27-03-12, 12:44
recently, i heard form someone that for some branded school, there is even a queue to be PV...:scared-1:Not surprising wat... next time, you might even have to pay for a registration fee to be PV... Lol! :D

devilplate
27-03-12, 12:52
Not surprising wat... next time, you might even have to pay for a registration fee to be PV... Lol! :D
this is sick! :p

land118
27-03-12, 12:59
aiya tell u wat....condos near international schools HUAT HUAT ARGH!!!!!!!!!!!!!!!!!!!!!!!!!!

got one right beside....wakakaka

dream a dream:D Yes, message is clear...; more land for International Schools, Gahmen want more foreigners to come and stay for longer term, some PRs that can't get their kids to branded local schools will either to neighbourhood or international schools..:D

minority
27-03-12, 13:03
So basically we are saying we only want rich PR that can send their kid to international school.

ysyap
27-03-12, 13:10
I understand that foreigners have to pay super high school fees in govt schools. What about PRs? Any subsidy?

chiaberry
27-03-12, 13:28
Yes, message is clear...; more land for International Schools, Gahmen want more foreigners to come and stay for longer term, some PRs that can't get their kids to branded local schools will either to neighbourhood or international schools..:D

Totally agree with this view. The announcement about the land for international school came so close to the announcement for the P1 registration changes that the two are very likely to be linked. After all, they have to make sure that the proposition is attractive enough for international schools to start up here (ie prospect of healthy enrollment numbers from PRs unable to get places in good Singapore schools).

Govt win-win. Citizens cannot say that they are deprived of their rights by PRs and Singapore benefits from injecting the economy with the revenues from the international schools. For the long term view, yes this is another little sign of opening the gates for foreigners to come in but still letting Singaporeans have first choice for the good school places.

Hmmm.....wonder where the axe will fall next? It should be PV!!! The situation is getting ridiculous.

yowetan
27-03-12, 13:31
Hi chiaberry,

Could you share with me how to be rich and success?

You may PM me if it is not convienient to share openly here.

PV Excit
27-03-12, 13:34
Totally agree with this view. The announcement about the land for international school came so close to the announcement for the P1 registration changes that the two are very likely to be linked. After all, they have to make sure that the proposition is attractive enough for international schools to start up here (ie prospect of healthy enrollment numbers from PRs unable to get places in good Singapore schools).

Govt win-win. Citizens cannot say that they are deprived of their rights by PRs and Singapore benefits from injecting the economy with the revenues from the international schools. For the long term view, yes this is another little sign of opening the gates for foreigners to come in but still letting Singaporeans have first choice for the good school places.

Hmmm.....wonder where the axe will fall next? It should be PV!!! The situation is getting ridiculous.


I may be wrong, but it seems to me that the Govt still pro-FT. Good for the those already owns 2 or more property, I guess. Hope they pro-citizens and does not prohibit citizens in sub-letting their HDBs to these FT. Cheers!:cheers4:

eng81157
27-03-12, 13:51
I may be wrong, but it seems to me that the Govt still pro-FT. Good for the those already owns 2 or more property, I guess. Hope they pro-citizens and does not prohibit citizens in sub-letting their HDBs to these FT. Cheers!:cheers4:

there ain't issues with subletting HDB out. just complete the MOP and seek approval from HDB. government will never be anti-FT since it goes against the grain of their policies and the need to attract MNCs to set up shop here

price
27-03-12, 14:07
Hi chiaberry,

Could you share with me how to be rich and success?

You may PM me if it is not convienient to share openly here.

Be a good doctor like Sis berry

yowetan
27-03-12, 14:09
Be a good doctor like Sis berry

I see. Thanks for the information.

A specialist or GP then?

chiaberry
27-03-12, 14:09
Hi chiaberry,

Could you share with me how to be rich and success?

You may PM me if it is not convienient to share openly here.

I'm not sure if I am qualified to anwer this LOL

My answer is hard work, work smart and start investing as soon as you have any spare cash. Don't spend it on non-appreciating asset like car UNLESS you need it for transporting you or your family around and there are no other convenient means. Do your homework, do not be conned by "salesmen" like insurance agents, bank officers who approach you to buy their products or personal bankers (who usually try and "sell" you the product that makes them the most commission rather than what's suitable for you). Do not take on a job that is not suitable for your temperament and cannot be sustained long-term.

Sorry this is off-topic. But from your temperament, you seem suited to be a pharmacist. A careful steady guy who goes into details but not very out-going and not so comfortable to venture into unfamiliar areas. My guess is that you are not suited for finance/banking/any sales-based job. A steady job with regular hours and regular income would be nice for you. IT back operations would also seem to be suitable for you. I am just giving my comments light-heartedly.... Please don't take them seriously or personally.....;)

yowetan
27-03-12, 14:13
I'm not sure if I am qualified to anwer this LOL

My answer is hard work, work smart and start investing as soon as you have any spare cash. Don't spend it on non-appreciating asset like car UNLESS you need it for transporting you or your family around and there are no other convenient means. Do your homework, do not be conned by "salesmen" like insurance agents, bank officers who approach you to buy their products or personal bankers (who usually try and "sell" you the product that makes them the most commission rather than what's suitable for you). Do not take on a job that is not suitable for your temperament and cannot be sustained long-term.

Sorry this is off-topic. But from your temperament, you seem suited to be a pharmacist. A careful steady guy who goes into details but not very out-going and not so comfortable to venture into unfamiliar areas. My guess is that you are not suited for finance/banking/any sales-based job. A steady job with regular hours and regular income would be nice for you. IT back operations would also seem to be suitable for you. I am just giving my comments light-heartedly.... Please don't take them seriously or personally.....;)

Hi, thanks for your character analysis for me. I appreciate that.

Yes, I did forgo certain jobs which I feel I am too "soft" for it and I am probably making a switch in your industry.

Unless you are a radiologist, I will probably drop you a visit and sell you my service.

Ilikeu
27-03-12, 14:18
Perhaps a clearer explanation is as follows:

If you are a SC, but not alumni, PV , RC member, clan member etc, you are eligible only for Phase 2C, the most keenly fought phase.

If you are a PR who is either alumni, PV, RC member, clan member etc, you belong to Phase 2A or 2B. You get priority over the SC who is eligible only for phase 2C. But, you do not have priority over SCs who are in the same phase as you, e.g. 2A or 2B.

So, a PR who wants to go to a top school needs to be a PV if he has no other connections, to stand a chance of getting in.

Yes, you are right. Thks. Still needs to do PV for SC.
Crap policy that should be removed by MOE.

chiaberry
27-03-12, 14:24
Hi, thanks for your character analysis for me. I appreciate that.

Yes, I did forgo certain jobs which I feel I am too "soft" for it and I am probably making a switch in your industry.

Unless you are a radiologist, I will probably drop you a visit and sell you my service.

Pharmacist probably more suited for you than radiographer. Radiographer got a lot of competition from (cheaper) foreign talent and also need to have a lot of direct patient contact. But if you don't have good science background (chemistry/maths), I think it will be difficult to pick up mid-career. Have you thought of teaching? I recall MOE were trying to recruit mid-career professionals at one stage but not sure about now.

Sorry I only hire fresh science/biomed graduates or (better still) poly grads. And only females (my HR got very upset saying I was discriminating....)

price
27-03-12, 14:24
I'm not sure if I am qualified to anwer this LOL

My answer is hard work, work smart and start investing as soon as you have any spare cash. Don't spend it on non-appreciating asset like car UNLESS you need it for transporting you or your family around and there are no other convenient means. Do your homework, do not be conned by "salesmen" like insurance agents, bank officers who approach you to buy their products or personal bankers (who usually try and "sell" you the product that makes them the most commission rather than what's suitable for you). Do not take on a job that is not suitable for your temperament and cannot be sustained long-term.

Sorry this is off-topic. But from your temperament, you seem suited to be a pharmacist. A careful steady guy who goes into details but not very out-going and not so comfortable to venture into unfamiliar areas. My guess is that you are not suited for finance/banking/any sales-based job. A steady job with regular hours and regular income would be nice for you. IT back operations would also seem to be suitable for you. I am just giving my comments light-heartedly.... Please don't take them seriously or personally.....;)

Wow sister berry please evaluate for me what suits me!? :D

fclim
27-03-12, 14:32
Wow sister berry please evaluate for me what suits me!? :D

MMs suits you. hahaha.

price
27-03-12, 14:39
MMs suits you. hahaha.
haha career lar!

yowetan
27-03-12, 14:47
Pharmacist probably more suited for you than radiographer. Radiographer got a lot of competition from (cheaper) foreign talent and also need to have a lot of direct patient contact. But if you don't have good science background (chemistry/maths), I think it will be difficult to pick up mid-career. Have you thought of teaching? I recall MOE were trying to recruit mid-career professionals at one stage but not sure about now.

Sorry I only hire fresh science/biomed graduates or (better still) poly grads. And only females (my HR got very upset saying I was discriminating....)

Thanks for your analyze and observation. I do agree radiographer(s) these days are facing stiffer competition as there are more pinoy radiographers around.

I am trained in Bio-physics, and I did thought of going into teaching. However, after what I have heard from my friends who did a mid-career switch to education industry, I feel I am again too "soft" to handle the teenagers. This generation surely knows their right(s)!

Are you a GP or Radiologist/cardiologist/Gyane?

roly8
27-03-12, 14:48
lol!!

been living in big spacious HDB flat for so many years..

i hate to live in very small living area..

land118
27-03-12, 14:53
...Hmmm.....wonder where the axe will fall next? It should be PV!!! The situation is getting ridiculous. Yes, this PV is getting out of hand. If Schools need help, they can always get assistance from Parents Support group ( parents who child is studying in the school ). This PV is just additional. Wonder whose idea (which Education Minister) to implement this scheme? :doh:

DaytonaSS
27-03-12, 14:55
Thanks for your analyze and observation. I do agree radiographer(s) these days are facing stiffer competition as there are more pinoy radiographers around.

I am trained in Bio-physics, and I did thought of going into teaching. However, after what I have heard from my friends who did a mid-career switch to education industry, I feel I am again too "soft" to handle the teenagers. This generation surely knows their right(s)!

Are you a GP or Radiologist/cardiologist/Gyane?

Wah GP??! U must be careful of them conning you to buy more medication/unnecessary scans, than you need so they can buy a bigger house/sports car!

yowetan
27-03-12, 14:58
Wah GP??! U must be careful of them conning you to buy more medication/unnecessary scans, than you need so they can buy a bigger house/sports car!

Thanks for your kind reminder. Having said that, I am allergy to most drugs and usually I am put to natural healing.

chiaberry
27-03-12, 15:00
haha career lar!

haha you are perfectly capable of taking care of it yourself..... ;)

One-stop specialist for MMs? Help people select, equip and rent out their MMs? Plenty of MMs coming online soon.

chiaberry
27-03-12, 15:04
Yes, this PV is getting out of hand. If Schools need help, they can always get assistance from Parents Support group ( parents who child is studying in the school ). This PV is just additional. Wonder whose idea (which Education Minister) to implement this scheme? :doh:

It seems to me to be rather prone to abuse.

The criteria for selection of PV is not transparent and the school can suka-suka choose (perhaps the one who offers most donations?)

They should ballot for PV to give everyone a fair chance.

Of all the "loopholes" to jump Q in the sch registration, this is the weakest one and the one that should be reviewed first.

chiaberry
27-03-12, 15:06
Thanks for your kind reminder. Having said that, I am allergy to most drugs and usually I am put to natural healing.

How about studying part-time for accountancy? One of my staff is doing this. Should be better job prospects for qualified accountants. And pay is better than radiographer.

chiaberry
27-03-12, 15:08
Are you a GP or Radiologist/cardiologist/Gyane?

If I am any of those, I am losing a lot of money by typing this. I should be seeing patients.

yowetan
27-03-12, 15:10
If I am any of those, I am losing a lot of money by typing this. I should be seeing patients.

This is exactly what I thought so too.

I am now jobless and waiting the change to come.

teddybear
27-03-12, 15:11
Where can you find free labour to do dirty job? Why nobody complained about grassroots leader? This is even worst - a free labour for MIW leh? why must give priority to labour for MIW :tongue3:


Yes, this PV is getting out of hand. If Schools need help, they can always get assistance from Parents Support group ( parents who child is studying in the school ). This PV is just additional. Wonder whose idea (which Education Minister) to implement this scheme? :doh:

price
27-03-12, 15:13
haha you are perfectly capable of taking care of it yourself..... ;)

One-stop specialist for MMs? Help people select, equip and rent out their MMs? Plenty of MMs coming online soon.
hahaha im sure we dont need that. Just come to this forum and read! :D

yowetan
27-03-12, 15:14
How about studying part-time for accountancy? One of my staff is doing this. Should be better job prospects for qualified accountants. And pay is better than radiographer.

Hmm...good suggestion; I will explore that with my wife tonight when she is back from work.

price
27-03-12, 15:18
Hmm...good suggestion; I will explore that with my wife tonight when she is back from work.

yowtan bro, u sound like a down to earth man :) accounting will suit u!

yowetan
27-03-12, 15:21
yowtan bro, u sound like a down to earth man :) accounting will suit u!

Thanks for your compliment. I will need to assess if it is feasible for me to go for an accounting course, ACCA with my mid-thirties age.

Sometimes, it is not the certificate that really leads you to the job but the interest, passion, luck and opportunity lying ahead of us. It seems that I have none at the moment.

chiaberry
27-03-12, 15:22
hahaha im sure we dont need that. Just come to this forum and read! :D

Not everybody is so diligent as you in seeking out the info. And some simply don't have the time. And some can't read English (some also can't understand the way we tcss here).

I think you are the independent type, quick to learn, quick to act. You can be a trader (stocks/commodities/etc).

price
27-03-12, 15:23
Thanks for your compliment. I will need to assess if it is feasible for me to go for an accounting course, ACCA with my mid-thirties age.

Sometimes, it is not the certificate that really leads you to the job but the interest, passion, luck and opportunity lying ahead of us. It seems that I have none at the moment.

My friend took up ACCA (he was a former army regular) now in his thirties started out fresh again in a Big4 firm

price
27-03-12, 15:24
Not everybody is so diligent as you in seeking out the info. And some simply don't have the time. And some can't read English (some also can't understand the way we tcss here).

I think you are the independent type, quick to learn, quick to act. You can be a trader (stocks/commodities/etc).
awww thats nice :D:cheers4:

Need to find a wife too

yowetan
27-03-12, 15:28
My friend took up ACCA (he was a former army regular) now in his thirties started out fresh again in a Big4 firm

Can a qualified accountant earns good and well to afford a landed?

Astronotus oscellatus
27-03-12, 15:31
Can a qualified accountant earns good and well to afford a landed?
Must make partner.
Then can afford GCB?

price
27-03-12, 15:33
Can a qualified accountant earns good and well to afford a landed?
Hmm,

a Senior Manager earns 10+k a month is that enough? (assuming ur wife is working)

I think directors 15-20? Partners beyond 35k

I'm estimating please dont start asking me to find u actual facts and data. I don't work for any HR or recruitment companies :cheers4:

yowetan
27-03-12, 15:35
Hmm,

a Senior Manager earns 10+k a month is that enough? (assuming ur wife is working)

I think directors 15-20? Partners beyond 35k

I am already 35 year old, and I seriously doubt I would be that outstanding. Not forgetting that I have yet to make my first step into accountancy studies.

Anyway, the above sum looks motivating.

eng81157
27-03-12, 15:36
My friend took up ACCA (he was a former army regular) now in his thirties started out fresh again in a Big4 firm

sounds like a roundabout turn in his career. must have took a pretty drastic pay cut to do so

price
27-03-12, 15:39
sounds like a roundabout turn in his career. must have took a pretty drastic pay cut to do so

Yea he took a pay cut indeed. But i guess in accounting the increment is quite fast right? :beats-me-man: should take no more than a couple of years to reach a captain's pay?

ysyap
27-03-12, 15:40
But 1.5m is not spend. It's invested. Even if the kid don't get it, the $$$ didn't disappear ma. Touch wood :scared-4:Well, if its between 2 properties, one your dream home and the other coz its near the sch, and you chose the later, you've just delayed staying in your dream home lor...

ysyap
27-03-12, 15:43
So P1 registration is getting boring so talk about furthering your studies??? :)

chiaberry
27-03-12, 15:45
Yea he took a pay cut indeed. But i guess in accounting the increment is quite fast right? :beats-me-man: should take no more than a couple of years to reach a captain's pay?

In the long run, he should more than make up for it. If I remember correctly, Army regulars have to retire at 50? As an accountant, he can continue to work beyond that.

price
27-03-12, 15:47
In the long run, he should more than make up for it. If I remember correctly, Army regulars have to retire at 50? As an accountant, he can continue to work beyond that.

Yep, plus he more or less can't promote anymore. (in the army)

chiaberry
27-03-12, 15:51
I am already 35 year old, and I seriously doubt I would be that outstanding. Not forgetting that I have yet to make my first step into accountancy studies.

Anyway, the above sum looks motivating.

Don't have any misconceptions that it's easy hor. If you work for Big4 firms, they work you like a dog and the partner takes most of the profits. And as with other jobs, there's a fair bit of internal politics. So it's not easy to claw your way to the top of the ladder. Please go and do some research if you think that it really interests you. If you are going to do it for the prospect of $$$ as the main attraction, then you might be disappointed.

No job is an iron rice bowl these days, all have their problems. It's whether you have the interest in the work and can overcome the problems that come with it.

ay123
27-03-12, 15:58
I am already 35 year old, and I seriously doubt I would be that outstanding. Not forgetting that I have yet to make my first step into accountancy studies.

Anyway, the above sum looks motivating.

join MOE, many mid career change join teaching. heard MOE try to match last drawn pay (unless is too high) for mid career change personel. anyway civil servant always get high bonus so quite attractive

hyenergix
27-03-12, 16:03
This is exactly what I thought so too.

I am now jobless and waiting the change to come.

I'm surprised you were looking for a condo at your current employment status.

Qualification upgrading doesnt always work in Singapore due to cheaper foreign workers and talents imports. Putting food on the table for the family should be the first priority. I suggest you look for a stable job first while the economy is still doing okay and decide on upgrading or career change later.

Our economy and policies are undergoing a lot of changes. I expect much higher costs of living in the next few years and more ups and downs in the economy. You might wish to find a more stable job in the public sector.

Good luck to you.

price
27-03-12, 16:09
join MOE, many mid career change join teaching. heard MOE try to match last drawn pay (unless is too high) for mid career change personel. anyway civil servant always get high bonus so quite attractive
Why not be a private lecturer / tutor then? :D

price
27-03-12, 16:10
I'm surprised you were looking for a condo at your current employment status.

Qualification upgrading doesnt always work in Singapore due to cheaper foreign workers and talents imports. Putting food on the table for the family should be the first priority. I suggest you look for a stable job first while the economy is still doing okay and decide on upgrading or career change later.

Our economy and policies are undergoing a lot of changes. I expect much higher costs of living in the next few years and more ups and downs in the economy. You might wish to find a more stable job in the public sector.

Good luck to you.
Agree with Hyenergix on this.

Good luck to u! sincerely hope things work out well for u and ur family!

ysyap
27-03-12, 16:28
join MOE, many mid career change join teaching. heard MOE try to match last drawn pay (unless is too high) for mid career change personel. anyway civil servant always get high bonus so quite attractiveYou are referring to the super high ranking civil servants, right? Every year, bonus is at most 3 months and at least 1 month. Its the bankers that get the super high bonus. Heard that there was once it hit like 10 months or something... :scared-5:

price
27-03-12, 16:31
You are referring to the super high ranking civil servants, right? Every year, bonus is at most 3 months and at least 1 month. Its the bankers that get the super high bonus. Heard that there was once it hit like 10 months or something... :scared-5:

Traders/Brokers the best lar :D 3 years bonus!

teddybear
27-03-12, 16:36
All of you really can chat a lot! from new rule for P1 registration to Jobs consultation :D

eng81157
27-03-12, 16:36
Yep, plus he more or less can't promote anymore. (in the army)

not that i think having a career in the army is great, but like what some of the forummers mentioned - work in the big 4 is not a walk in the park, especially if doing audits.

in army, start work at 830, morning teabreak at 930, gym at 10, go tekan someone at 1030, early lunch at 1130, siesta at 1230, appear in office at 1400, tea at 1530, evening jog at 1630, knock off at 1730.

ay123
27-03-12, 16:36
You are referring to the super high ranking civil servants, right? Every year, bonus is at most 3 months and at least 1 month. Its the bankers that get the super high bonus. Heard that there was once it hit like 10 months or something... :scared-5:

typical civil servant get about 3 mths plus individual performance ranging from > 1mth to >3 mths (during good year)

ysyap
27-03-12, 16:41
not that i think having a career in the army is great, but like what some of the forummers mentioned - work in the big 4 is not a walk in the park, especially if doing audits.

in army, start work at 830, morning teabreak at 930, gym at 10, go tekan someone at 1030, early lunch at 1130, siesta at 1230, appear in office at 1400, tea at 1530, evening jog at 1630, knock off at 1730.Totally depend on your vocation lah plus rank... and where you're posted lah... work at CMPB even better right??? :rolleyes:

price
27-03-12, 16:42
not that i think having a career in the army is great, but like what some of the forummers mentioned - work in the big 4 is not a walk in the park, especially if doing audits.

in army, start work at 830, morning teabreak at 930, gym at 10, go tekan someone at 1030, early lunch at 1130, siesta at 1230, appear in office at 1400, tea at 1530, evening jog at 1630, knock off at 1730.

haha bro not every army officer so free 1 lar. I dont know maybe u can share with us more of how does life in a big 4 feel?:beats-me-man:

Theres tax and advisory as well ma. Do Tax lor, come here give mcm and devil free consultation

amk
27-03-12, 16:59
.. the bankers that get the super high bonus. Heard that there was once it hit like 10 months or something... :scared-5:
bankers' bonuses are not counted in "months" dude.....;)

amk
27-03-12, 17:00
I'm surprised .... at your current employment status......
I think he's just kidding.

eng81157
27-03-12, 17:00
bankers' bonuses are not counted in "months" dude.....;)

then in years??!! better than our ministers??!!

ysyap
27-03-12, 17:02
bankers' bonuses are not counted in "months" dude.....;)Then pls enlighten us... obviously I'm not a banker... Lol! :)

price
27-03-12, 17:05
bankers' bonuses are not counted in "months" dude.....;)
Yes at good times it's in years.

I wasn't kidding when i mentioned highest paid salary in Singapore for brokers were 3 years worth of bonuses. Simple google will tell u the company's name :D

extremme
27-03-12, 17:28
Can a qualified accountant earns good and well to afford a landed?

Normal landed probably if both partners are working, director level should be ok. GCB definitely partner level!

I was from big 4, left after 3 years. And trust me, starting pay at S$2k is not alot. Imagine if you were to do a mid-career switch at 35 and you only earn $2k a month!!:scared-1:

My peers at director level are getting about $10-$12k a month (work in Big 4 for 12 years already) And the bonuses for big 4 is pathetic, cause all the profits go to partners

ysyap
27-03-12, 17:35
Go work as housing agent during boom time and kana humtum in forums up down left right centre... :)

Condo Kaiser
27-03-12, 17:45
honestly you all think too highly of partners in big 4... They only really start to make serious money when they are equity partner and after they have paid off the seed money to buy-in into the firm.... Before that you are just a salary partner... Max I give you 500k a year la.... more realistic range is 250k - 350k...

GCB leh... 25 - 70 mil price range.....

If you dont have at least 1 mil / year income (and your age below must be below 50)... who in the right frame of mind will go buy a 30mil house?

Unless family already rich / Own listed company / Brilliant Investor... not many people in can own GCB la.....


And in terms of trader pay.... In good year (2006/7) year end bonus can buy lambo la.... I know a few guys on my desk bought >500k car after 2006 bonus la....

For investment bankers... good year also can hit 7 figure bonus... but only the most senior ones la... associate level probably low 6 figure only la....

Only thing good about big 4 partners is their job relatively more resilient compared to banking side la... and more relaxed also...:cool:

Wild Falcon
28-03-12, 09:37
Audit Partner? GCB? I don't think so. Many living in condos or low end landed.


Must make partner.
Then can afford GCB?

price
28-03-12, 23:45
Audit Partner? GCB? I don't think so. Many living in condos or low end landed.
That bad meh?:scared-5:

Condo Kaiser
29-03-12, 14:56
That bad meh?:scared-5:

Not being able to stay in GCB doesn't mean bad leh....

I think either you think too lowly of GCB or think too highly of Audit partners lol....

How many people in Singapore lives in GCB? Out of which, how many of them are just earning a salary?

Like what wild falcon said... audit partners live normal lifes... Not many of them can afford a >5mil house... let alone a GCB which is >20mil...