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Old 20-01-2018, 11:17 AM   #1
stargazer
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Default Singapore wedding banquet prices for 2018

http://www.asiaone.com/multimedia/ga...et-prices-2018

wah...for 5 star hotels, you got to prepare $ 200 for a meal
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Weddings are big business in Singapore. Some people spend enough on their wedding dinner, photo shoot, gown and ring to buy a house in some Southeast Asian countries.

But the real killer is definitely the wedding banquet. And hotels know people are willing to pay big bucks to impress their relatives. So every so often, they dutifully hike up their prices, telling themselves these couples will make back that money when they receive their Baby Bonus.

We already compiled a Wedding Banquet Price List for 2017 back in June. And now, in 2018, we're back to see just who has raised their prices and by how much.

(All prices are applicable to Saturday wedding dinners and obtained via SingaporeBrides.com)

How does this increase compare to previous years?

Since June 2017, 55 per cent of the hotels, restaurants and venues we previously listed increased their prices.

Amongst those venues that increased their prices, the average hike was 4.28 per cent.

This is actually low compared to previous years, when the average annual price hikes were between 5 per cent and 10 per cent!

In fact, with some hotels, the drop in the price hike is even more dramatic. We can see this from previous years' wedding banquet price list.

Are the price hikes justified?

From November 2016 to 2017, consumer prices in Singapore increased by only 0.6 per cent.

MAS's Core Inflation Measure for the same period was 1.5 per cent (core inflation excludes price changes in certain things such as accommodation and cars, so that we have a better idea of how consumer prices for day-to-day goods are changing).

So we can see that even with slowing year-on-year price hikes, venues are still increasing their charges disproportionately. It's possible that renewed optimism about the economy in the coming year has caused them to still consider raising their fees in anticipation.

For couples about to tie the knot (or guests attending their weddings, ang bao in hand), that means you should feel the pinch a little more this year.
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Old 20-01-2018, 11:43 AM   #2
loveikan
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it is the mkt price but another factor is also depends on how close you are to the newly wed.
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Old 20-01-2018, 01:21 PM   #3
globalcookie
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Cos some couples thinks those invited guest are willing to pay their 'share' for each guest attending.

Don't we remember how some shamefully post on fb that who n who under gave in their ang paos?? Out to shame their guest for not giving up to the per seat amount, end up shaming themselves as a kiam kana host.

Can't afford don't throw big dinner la... and for me, if i can't afford e ang pao, maybe best to skip e dinner.
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Old 20-01-2018, 01:39 PM   #4
Guppies Onli
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I told my children, forget abt wedding dinner. Save it for yr hse or honeymoon.

Ppl u invite feel the pinch very much.
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Old 20-01-2018, 02:00 PM   #5
SabaDen92
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Do at community centre. Saw a few Chinese wedding held at the community centre near my block...
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Old 20-01-2018, 04:43 PM   #6
millenium
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Quote:
Originally Posted by SabaDen92 View Post
Do at community centre. Saw a few Chinese wedding held at the community centre near my block...
Do at void deck.
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Old 20-01-2018, 04:55 PM   #7
hkh
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Some nice restaurants can cater too......and the price is cheaper than hotels......
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Old 20-01-2018, 09:40 PM   #8
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A joyous occasion become a burden for the couple and guests, better to live within ones means
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Old 21-01-2018, 11:47 AM   #9
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Better to be realistic
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Old 21-01-2018, 03:56 PM   #10
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so wrong to hold at expensive place and expect the guests to pay "their share".

and this article isn't helping by publishing the "price list".
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