Singapore gets rave reviews as an expat destination but there's one big downside: School fees. And they're just going to get bigger.
Expatriate workers with children in Singapore international schools can expect to pay more than $409,000 in school fees over the course of their child's education, from primary school to the thirteenth and final year of compulsory education, according to a report commissioned by The Fry Group, a financial advisory firm.
The report, written by the Center for Economics and Business Research (CEBR), found that the average tuition fee in 2015 for Singapore-based international schools was $19,270 for pre-preparatory years, $21,380 for preparatory and $24,770 for senior school.
CEBR found that school fees in five nearby Asian nations were far lower, with Malaysia coming in the cheapest at $16,360 for average 2015 tuition fees, 33 percent less than Singapore. Thailand was next at $16,500, followed by Indonesia at $20,400.