Ramrise - if what has been printed here is the deal - it is good - I suspect tho that the US$ and S$ have got muddled up - if that is not the case then these guys will be coming in higher than 5 year cpatains.
A housing allowance of US1500 - (S$2500) well yes that could be a bit of a challenge - it depends also if the company "gives" that to you - if thats the case a "comfy" two room could be found but would not suit anyone with ankle biters - talking of which ankle biters cost a bloody fortune to educate - the SQ policy is to give $700/ month plus 50% of the remainder - and this is taxed don't forget! International schools have run rampant in their charges.
One other thing that may be interesting is that not every one who tries joins this establichment will get thru "the training" and that word is used in the very broadest sense. To the SAS guys - SQ will operate very differently - and of course to SQ, SAS pilots will be needing alot of re-education - and the older the applicant the harder it is.