Home > Salary > Singapore > Market Development Representative
A Market Development Representative (MDR) is responsible for identifying and qualifying potential customers for a company's products or services. They play a crucial role in the sales process by researching and prospecting leads, conducting outreach campaigns, and setting up meetings or demos with qualified prospects. MDRs work closely with the marketing and sales teams to develop strategies that generate new business opportunities and expand market reach. They also gather feedback from customers and prospects to help refine sales and marketing strategies.
Estimated Yearly Salary: 124,363 SGD
Estimated Monthly Salary: 10,364 SGD
Estimated Weekly Salary: 2,392 SGD per week
Estimated Hourly Salary: 60 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,011 SGD
Estimated Weekly Salary: 2,310 SGD per week
Estimated Hourly Salary: 58 SGD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 62,213 USD
Estimated Monthly Salary: 5,184 USD
Estimated Weekly Salary: 1,196 USD per week
Estimated Hourly Salary: 30 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: 124,363 SGD
Estimated Monthly Salary: 10,364 SGD
Estimated Weekly Salary: 2,392 SGD per week
Estimated Hourly Salary: 60 SGD per hour
By working as Market Development Representative a person can save up to 2,496 USD per month or 29,957 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 Market Development Representative
Last revision of data: 2025-01-04
Data as of 2025
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Market Development Representative salary in Singapore
Average Yearly Salary of Market Development Representative in Singapore is approximately 124,363 SGD (62,213 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 Market Development Representative do?
A Market Development Representative (MDR) is responsible for identifying and qualifying potential customers for a company's products or services. They play a crucial role in the sales process by researching and prospecting leads, conducting outreach campaigns, and setting up meetings or demos with qualified prospects. MDRs work closely with the marketing and sales teams to develop strategies that generate new business opportunities and expand market reach. They also gather feedback from customers and prospects to help refine sales and marketing strategies.
Skills: Market Development, Sales Prospecting, Lead Generation, Customer Outreach, Sales Support, Business Development
Job industry: Sales
Job industry: Sales
How much does Market Development Representative make?
Salary details
How much does Market Development Representative make?Estimated Yearly Salary: 124,363 SGD
Estimated Monthly Salary: 10,364 SGD
Estimated Weekly Salary: 2,392 SGD per week
Estimated Hourly Salary: 60 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 120,126 SGDEstimated Monthly Salary: 10,011 SGD
Estimated Weekly Salary: 2,310 SGD per week
Estimated Hourly Salary: 58 SGD per hour
Last revision of data: 2024-01-07Market Development Representative estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 62,213 USD
Estimated Monthly Salary: 5,184 USD
Estimated Weekly Salary: 1,196 USD per week
Estimated Hourly Salary: 30 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
Compare salary to other countries
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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 Market Development Representative job salary compared to average salary in Singapore.
Comparison shows that a person working as Market Development Representative in Singapore earns on average:
1.3 times the average salary (or 130% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Market Development Representative job salary compared to average salary in Singapore.
Comparison shows that a person working as Market Development Representative in Singapore earns on average:
1.3 times the average salary (or 130% of average salary).
Is Market Development Representative a well paid job?
Yes, our data shows that Market Development Representative is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Market Development Representative?
High salary for Market Development Representative would be somewhere between 136,799 SGD and 180,326 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Market Development Representative 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: 124,363 SGD
Estimated Monthly Salary: 10,364 SGD
Estimated Weekly Salary: 2,392 SGD per week
Estimated Hourly Salary: 60 SGD per hour
By working as Market Development Representative a person can save up to 2,496 USD per month or 29,957 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 Market Development Representative
Malaysia is 16,456 USD
Indonesia is 9,775 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:
Anodizing line operator (52,457 SGD per year, pre-tax.)
Hospitalist advanced registered nurse practitioner (arnp) (250,508 SGD per year, pre-tax.)
Early childhood special educator (82,024 SGD per year, pre-tax.)
Airport operations officer (123,056 SGD per year, pre-tax.)
Training facilitator (147,960 SGD per year, pre-tax.)
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