Saturday, October 13, 2012

Wedding Cost in Singapore

I was quite overwhelmed by the wedding cost in Singapore after doing some research on it. Firstly, I have to clarify that I am not planning a cheap wedding that will shortchange my girlfriend in any way. Instead, I intend to be more cost efficient and try to find 'undervalued' wedding packages without compromising on the quality. There is still much research to be done on this.

After doing some research, I managed to get the cost breakdown of a 'normal' wedding in Singapore :

1) Wedding Package - $4000 and below - Wedding gowns, evening gowns, photo album, etc

2) Wedding Bands - $3000 and below - From Love & Co

3) Proposal ring - $5,000 and below

4) Solemnization - $1,500 and below - book a venue specially for solemnization

5) Videographer and Photographer - $3500 and below - semiprofessional to professional

6) Wedding banquet - $1200 per table - including 2 nights hotel stay, alcohol, miscellaneous, etc

7) Honeymoon - $6,000 - a trip to Japan or Maldives?

Total Wedding Cost (excluding banquet cost) : About $ 23,000 

Given that my wedding banquet costs around $1,200 per table, I have to receive $120 of 'ang pow' from each person in order to break even.  Assuming each person gives an 'ang pow' of $100 on average , I will be incurring a loss of $20 per person. For 35 tables(350 guests), I will incur a loss of $7,000.

Adding in to the $23,000 calculated above,

Total Cost of Wedding : $30,000

"If you can’t afford a proper wedding then you shouldn’t be getting married. Full stop."  Sounds familiar? The definition of a proper wedding is really subjective. To me, solemnization at a cozy place with a few friends and relatives followed by a simple buffet is already a proper wedding.  Is a traditional Chinese wedding banquet really necessary? At the end of the day, my girlfriend and I might not even be able to recognize some of the guests being invited to the wedding. This is just my point of view. After all, we live in a collectivistic society and some traditions will have to be followed.