Is the offer of MYR16,000/month good enough for me? Thank you so much!

wanderlust0402

Member

Member since 06 June 2019

wanderlust0402

07 June 2019 05:00:09

wanderlust0402

07 June 2019 05:00:09

Hello all. First time here for me in the forum.

I would like to seek for your advise.

Currently I am being offered by my company for a package of MYR16,000/month in KL. I am living alone but sometimes my family will come to visit.

I am planning to search for a 2 bed room condo in a good condition. Is this salary visible for me?

Thanks a lot for your help.

Stevepiraq

Member

Member since 20 March 2019

Yangon, Yangon

Stevepiraq

07 June 2019 09:57:20

Stevepiraq

07 June 2019 09:57:20

Yangon, Yangon

You don't give enough detail, 16k a month is that before or after tax, what other deductions may you be liable for, medical insurance, pension contribution etc. When on leave are you paid or not?
Its pretty easy to work out your monthly costs but only you can do that.
US$45,600 is not great but no one knows what standard of live you want, only you know.

wanderlust0402

Member

Member since 06 June 2019

wanderlust0402

07 June 2019 13:12:04

wanderlust0402

07 June 2019 13:12:04

Thanks Steve.

MYR16,000 will be gross salary per month.

The company also provides me EPF contribution to which they will contribute 12%.

I am 29 years old. And I will be living in KL alone most of the time. I am thinking to spend up to MYR7,000/m covering all expenses. Is it okay for me to expect a comfortable lifestyle with this figure? Thanks.

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