When comparing the quality of life between Singapore and Malaysia, several factors come into play, highlighting significant differences in various aspects of daily living. Here are 10 key aspects of life to be compared and discussed by a Malaysian holding Singapore Permanent Residency.
Singapore is known for its open-minded and highly educated population, with a significant level of acceptance and a diverse, multinational community. However, Singaporeans often tend to mind their own business, which can make interactions feel less warm compared to the friendlier, more communal atmosphere found in small towns. Malaysia, on the other hand, offers a rich tapestry of cultures, especially in larger cities like Kuala Lumpur, where people are also generally open and accepting. Smaller towns in Malaysia are characterised by tight-knit communities and a more traditional way of life.
Singapore is famous for its convenient, though often crowded, malls that are bustling with people every day of the week. The city-state’s high concentration of offices and buildings contributes to its vibrant urban environment. Food courts and eateries are plentiful, emphasizing a self-service and self-clean-up culture. In Malaysia, while large cities like Kuala Lumpur also have modern malls and a bustling urban environment, smaller towns and rural areas offer a more relaxed and spacious setting, with local markets and traditional eateries adding to the charm.
Public transportation in Singapore, including the MRT and buses, is widely used due to its affordability and convenience, though it can be time-consuming. E-hailing services like Grab are more expensive but save travel time. Facilities in Singapore are very user-friendly, especially for those with special needs, with priority seating and allocated spaces. Malaysia’s transportation system, particularly in larger cities, is also extensive with a mix of public buses, trains, and e-hailing services. However, in smaller towns and rural areas, public transport options may be less frequent, and people often rely more on personal vehicles.
In Singapore, food can be relatively cheaper compared to Kuala Lumpur when considering a one-to-one currency comparison, with mixed rice meals ranging from $3.5 to $7. An average meal can cost around $10. In Malaysia, mixed rice meals ranging from RM8 to RM 20. Generally, street food and local eateries offer better and affordable dining options, though cafes and restaurants in urban areas might have prices similar to those in Singapore, especially when adding taxes and service charges.
Singapore offers numerous entertainment options, including advanced and easily accessible bars, clubhouses, concerts, and a lot more tourist attractions. Malaysia also boasts a variety of tourist spots, from the vibrant cityscapes of Kuala Lumpur to the serene beaches of Langkawi and the cultural heritage sites in Penang, Sarawak and Sabah. While Singapore is known for its high-tech and modern attractions, Malaysia is endowed with abundant natural resources, including lush rainforests and towering mountains ideal for jungle trekking.
Singapore places a high value on qualifications, often requiring degree holders for good work passes and salaries. Fresh graduates can expect starting salaries around SGD3,000 or more, although work experience from Malaysia might not always be recognised unless highly relevant. In Malaysia, career opportunities are expanding, particularly in urban areas. However, the latest national minimum monthly wage is RM1,500 in 2024, equivalent to SGD431. The overall average salary is lower in Malaysia compared to Singapore, making the living in Malaysia more challenging.
Accommodation in Singapore is notably expensive, with average rentals around $500 for a shared room and $900 for a single room in HDB flats, which are government apartments. Condominiums are even more costly, averaging around SGD3,500 for a 2-bedroom unit. In Malaysia, housing is generally more affordable, with a lot more options from modern high-rise condos in cities to more spacious landed houses in suburban and rural areas.
Singapore boasts one of the world’s best education systems, dedicating nearly 20% of its annual fiscal expenditure to education. The country emphasises bilingual education in English and Mandarin, fostering a bridge between Eastern and Western cultures. Malaysia also priorities education, with ongoing efforts to improve standards and accessibility, although it may not reach the same global ranking as Singapore. Generally Malaysians can speak three languages, they are Malay (national language), English and their respective mother tongue (e.g. Mandarin and Tamil).
Singapore offers a high standard of healthcare with world-class facilities. Malaysia’s healthcare system is also commendable, with quality medical services available, especially in urban centers, though it might not match the advanced level found in Singapore. Patients from sub-urban states and rural areas would need to travel to urban areas for treatment, making healthcare less accessible to them.
Singapore enjoys a lower overall crime rate compared to Malaysia, contributing to a heightened sense of safety and security among its residents. Malaysia is working continuously to improve safety measures, though crime rates can vary significantly between different regions.
Living in Singapore on a salary of SGD 3,000 provides a distinct financial perspective compared to Malaysia. Here’s a breakdown of typical monthly expenses in Singapore:
This leaves a balance of SGD 1,670. By saving SGD 1,000, which equates to about RM 3,500, you still have SGD 670 left for personal expenses, insurance, or investment plans.
One significant advantage of living in Singapore is the stronger currency, which enhances purchasing power. For example, a Charles & Keith bag that costs RM 300 in Malaysia is only SGD 100 in Singapore. With a higher salary and relatively lower price tags on many goods, it becomes easier to afford luxury items and other desires, though this also brings about more temptation to spend.
Overall, the stronger currency and higher purchasing power in Singapore can lead to a better quality of life, providing more financial freedom and savings potential compared to Malaysia.
In summary, while both Singapore and Malaysia offer unique advantages and challenges in terms of quality of life, Singapore tends to lead in aspects like education, healthcare, and urban convenience, whereas Malaysia provides a broader range of living environments and cultural experiences.
If you plan to migrate from Malaysia to Singapore, you may also read “Best 5 Pathways of Immigrating to Singapore”, “Top 5 Reasons for Immigrating to Singapore” and “4 MAIN Things You Must Know Before Applying for Singapore Permanent Residency and Citizenship” for more info!
Important: The information and opinions in this article are for general information purposes only. They should not be relied on as professional financial advice. Readers should seek independent financial advice that is customised to their specific financial objectives, situations & needs. This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.
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