Hi,
I am planning to relocate to KL through an internal movement within my current organization. I have a family of 3 that includes me, my wife and my daughter (3.5 yrs). She would just start schooling and I intent to put her in international schools. So including that, what is the tentative cost of living for a 2 bhk furnished rented house+cost of education+utilities and general expenses+cost of a basic necessity car? Also, how is the tax slab in KL? Is MYR 140k p.a. a decent salary given the family size and requirements to live and have a good saving bucket?
Appreciate any help.
Thanks
Kins
Planning to relocate to KL, Cost of Living
kinnark
13 June 2013 21:28:27
6
carlyle1979
13 June 2013 21:38:48
440
hi, 140k pa is regarded as a good package in malaysia. the first 6 months r taxed at a flat rate of 26%, but it will lower after that. i have made a few posts in the past on cost of living as well as posts from other members under cost of living that will give u an idea on costs. where r u relocating from? also keep an eye on school costs as this will b ur biggest expense. most international schools are transparent on their fee structure on their websites. the tier 1 schools charge between 4-7k just for the initial years. but the tier 2 schools are more affordable for those whose companies dont cover school fees.
kinnark
13 June 2013 21:54:46
6
Thanks Carlyle. I would be relocating from Bangalore, India. On the schooling, I was made to understand that the yearly cost of education in a good international school ranges from 18-22k MYR p.a. Is this applicable for someone starting in say LKG?
coooolguy_tdh
14 June 2013 06:01:20
167
Just out of curiosity Kinns,
What is the percentage hike you are getting by relocating here?
Cheers..!
carlyle1979
15 June 2013 10:39:51
440
kinnark wrote:Thanks Carlyle. I would be relocating from Bangalore, India. On the schooling, I was made to understand that the yearly cost of education in a good international school ranges from 18-22k MYR p.a. Is this applicable for someone starting in say LKG?
who made u understand? check the websites of garden international, iskl, alice smith, british international, mont kiara international, etc. these r the top end. the next layer would be elc, tenby, cempaka, etc. theres also global indian school that teaches cbse curriculum but not heard anything good bout them. have a look and form ur own opinion. the great part is that schools here are transparent bout their fees.
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