Home > Salary > Singapore > Business Development Manager
A Business Development Manager is responsible for identifying and creating new business opportunities to drive growth and revenue for an organization. They analyze market trends, develop strategic plans, and build relationships with clients and partners. The role requires strong communication and negotiation skills, as well as a deep understanding of the industry and target market. Business Development Managers often collaborate with various teams within the organization, such as sales, marketing, and product development, to ensure the successful implementation of new initiatives. They are also responsible for conducting market research and competitor analysis to identify potential areas for expansion and improvement. Overall, the role of a Business Development Manager is crucial in driving the success and profitability of a company.
Estimated Yearly Salary: 202,217 SGD
Estimated Monthly Salary: 16,851 SGD
Estimated Weekly Salary: 3,889 SGD per week
Estimated Hourly Salary: 97 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 16,237 SGD
Estimated Weekly Salary: 3,747 SGD per week
Estimated Hourly Salary: 94 SGD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 101,094 USD
Estimated Monthly Salary: 8,425 USD
Estimated Weekly Salary: 1,944 USD per week
Estimated Hourly Salary: 49 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 202,217 SGD
Estimated Monthly Salary: 16,851 SGD
Estimated Weekly Salary: 3,889 SGD per week
Estimated Hourly Salary: 97 SGD per hour
By working as Business Development Manager a person can save up to 5,737 USD per month or 68,838 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Business Development Manager
Last revision of data: 2025-01-04
Data as of 2025
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Business Development Manager salary in Singapore
Average Yearly Salary of Business Development Manager in Singapore is approximately 202,217 SGD (101,094 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Business Development Manager do?
A Business Development Manager is responsible for identifying and creating new business opportunities to drive growth and revenue for an organization. They analyze market trends, develop strategic plans, and build relationships with clients and partners. The role requires strong communication and negotiation skills, as well as a deep understanding of the industry and target market. Business Development Managers often collaborate with various teams within the organization, such as sales, marketing, and product development, to ensure the successful implementation of new initiatives. They are also responsible for conducting market research and competitor analysis to identify potential areas for expansion and improvement. Overall, the role of a Business Development Manager is crucial in driving the success and profitability of a company.
Skills: Business Development, Sales, Strategic Planning, Relationship Building, Market Analysis, Revenue Generation
Job industry: Sales and marketing
Job industry: Sales and marketing
How much does Business Development Manager make?
Salary details
How much does Business Development Manager make?Estimated Yearly Salary: 202,217 SGD
Estimated Monthly Salary: 16,851 SGD
Estimated Weekly Salary: 3,889 SGD per week
Estimated Hourly Salary: 97 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 194,840 SGDEstimated Monthly Salary: 16,237 SGD
Estimated Weekly Salary: 3,747 SGD per week
Estimated Hourly Salary: 94 SGD per hour
Last revision of data: 2024-01-07Business Development Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 101,094 USD
Estimated Monthly Salary: 8,425 USD
Estimated Weekly Salary: 1,944 USD per week
Estimated Hourly Salary: 49 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Business Development Manager job salary compared to average salary in Singapore.
Comparison shows that a person working as Business Development Manager in Singapore earns on average:
2.12 times the average salary (or 212% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Business Development Manager job salary compared to average salary in Singapore.
Comparison shows that a person working as Business Development Manager in Singapore earns on average:
2.12 times the average salary (or 212% of average salary).
Is Business Development Manager a well paid job?
Yes, our data show that Business Development Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Business Development Manager?
High salary for Business Development Manager would be somewhere between 222,439 SGD and 293,215 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Business Development Manager in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 202,217 SGD
Estimated Monthly Salary: 16,851 SGD
Estimated Weekly Salary: 3,889 SGD per week
Estimated Hourly Salary: 97 SGD per hour
By working as Business Development Manager a person can save up to 5,737 USD per month or 68,838 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Business Development Manager
Malaysia is 26,754 USD
Indonesia is 15,888 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Singapore
(1,400,313 SGD per year, pre-tax.)
2. Cardiologist
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
7. Oncologist
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
(1,063,241 SGD per year, pre-tax.)
Data as of 2025Random salary:
Kitchen manager restaurant (39,609 SGD per year, pre-tax.)
Mortgage originator (128,916 SGD per year, pre-tax.)
Merchandising assistant (87,945 SGD per year, pre-tax.)
Corporate legal director (358,916 SGD per year, pre-tax.)
Home healthhospice administrator (209,490 SGD per year, pre-tax.)
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All salary data on optisalary.com are for reference use only. We compile data from various trusted sources, yet do not guarantee complete precision. Before making career choices, visitors should consult external verified sources. Salaries fluctuate due to several influences, including negotiation skills, industry demand, and experience levels. We disclaim any liability for misrepresentations in the salary information provided here. Your engagement with optisalary.com constitutes acceptance of this disclaimer.