raklameen ,yes 17500 is more or les your monthly salary. On top of this $3900 housing allowance,plus bonus(no guarantee), 13th salary, annual variable components(no guarantee), annual completion bonus (payable after completion of your 5 year term - $50 000 or 10 000 annually,instead of CPF), education allowance, share options + one of the best mates I've ever met down the road. For the last 2 years average $345 000, before tax and didn't claim education allowance, without year completion bonus and no share options. Taxes at approx. 10% for the first 5 years. Hope it helps. Regards.
P.S. I love the place and am happy here. For the 2 COPs monthly is damn good. It's my two cents though ! The happiness is state of the mind and it's up to everyone to make peace with himself. Money's not everything, but is's good to have.