Tuesday, August 28, 2007

Retiring in Yogya

The lunchtime topic at CESASS (our internship place) has been centered
on retirement and the incredibly high standards of living in Singapore.
The beachfront living of Bali and the slow pace of life outside Singapore
seems to be attracting us more and more.

Well, we (rather I) have decided to take concrete steps to achieve that dream.

Bale Agung Residences



Located north of Yogya, the residences is situated at the edge of
the city proper bounded by the Utara Ring Road. 15 minutes away
from Jln. Maliboro and major shopping centres such as Am Plaza,
it is the ideal location for the ulimate suburban living.



Choose from three different designs for your home:

Bale Amartya (Semi Detached)
Bale Astaka (Semi Detached)
Bale Padantya (Terrace)



With only 60 houses built, one can almost guarantee exclusivity
with tennis courts, swimming pool, clubhouse and 24 hour security.



And the best thing is ..................

Prices start from 1.2 billion IDR (approx s$220, 000)
That's the price of a 3 room HDB flat in Sengkang.
And a motorbike is about 11 million IDR (approx s$2000)

Then again, the average income here is 40 million Rp. per year (approx
S$6000) for a hardworking civil servant. (Think an university lecturer 
who has to teach more than 4 modules per semester to support his family)

And, as much as we whine and rant about Singapore and its standard
of living, how many of us would realistically want to pack our bags and
call it quits ? Our families and friends are probably one major factor into
consideration. And where will we go ? Upwards (Australia) or downwards
(Indonesia). Well, maybe retirement out of Singapore may be a better option.

Enough of day dreaming. Back to reality.
 

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