A Step-by-Step Guide to Financing Your Wedding in Singapore

Weddings in Singapore can cost a pretty penny. But here’s how you can afford your dream wedding without breaking the bank.

ValueChampion Editorial Team

by ValueChampion Editorial Team on May 24, 2024

wedding rings and bouquet

For couples, a wedding presents a unique opportunity to share your joy and happiness with your friends and relatives. The preparations usually begin months in advance and every new bride and bridegroom want their wedding events to be a great success.

But every perfectly executed wedding requires hours of hard work and meticulous planning. There are guest lists to be made, venues to be reserved, and a bridal package to be decided upon in addition to a number of other matters to be taken care of. Above all, you need to ensure that the total amount that you intend to spend is within your budget. Trying to anticipate every detail can be a nerve-racking experience and it can all get a little overwhelming.

To help you plan the wedding you’ve been dreaming of, we’ve prepared the below guide that explains each steps and how much you could expect to spend on each components of the wedding.

How much does a wedding in Singapore cost?

wedding cake
Source: Shutterstock

While we estimate the average cost of a wedding in Singapore to be around S$40,000, you should be aware that every wedding usually costs more than people initially estimate. Your single largest expenditure will be the wedding banquet. Expect to pay an amount between S$30,000 and S$48,000 for a total of 300 guests. Of course, the price would vary if you invite a greater or lesser number of your friends and relatives.

These are some of the other major expenses that you can expect to incur:

  • You would want a professional photographer to capture the celebrations. This would cost between S$2,000 and S$4,000.
  • A pair of wedding bands can also set you back several thousand dollars. Your budget for this should be at least S$2,000. It is possible to spend much more if you can afford it.
  • Another essential expense is the bridal package. Normally, this will cover a pre-wedding photo shoot, make-up and hairdo for the bride, the use of a wedding gown for the bride and a suit for the groom, and several other items. The cost can vary widely, but the least that you can expect to pay would be S$3,000.
  • Set aside between S$3,000 and S$5,000 for your wedding solemnisation. This sum will pay for the rental for the location and the reception that will be held after the ceremony.

How to reduce your wedding expenses

Many couples tend to go overboard when budgeting for their wedding. When given a choice between several options, they select the most expensive. While this approach will definitely eat into your budget, it is not guaranteed to provide you with the best value for your money.

There are a few simple steps that you can take to ensure that you do not overspend. First, you should make it a practice to speak to at least two or three suppliers for each of the items on your list.

Say, you are in the process of finalising your bridal package. Enquire with a couple of bridal studios about their costs and the facilities that they provide. It is highly likely that you will find a moderately priced studio that provides all your requirements, or you could even get a better deal from studios that try to compete by lowering their fees.

It is also a good idea to speak to friends who have recently tied the knot. You can pick up some useful advice on how to save money, and get referrals on the venues and service providers that they’ve used.

couple at wedding ceremony
Source: Unsplash

One of the best ways to reduce costs is to target the largest expenditure, your wedding banquet. You will be surprised to learn about the wide variation in costs between hosting the event on a weekend and a weekday. Plan well in advance to get the best rates. Here are a few more tips to cut down on costs:

  • Shop around for event venues. Consider a restaurant instead of a hotel for your wedding banquet.
  • Save on photographer costs. Ask a friend to fill in instead.
  • Book your honeymoon package as early as you can. You can save a substantial amount on hotel rates.
  • Want to save on wedding entertainment expenses? Do you have a close friend with singing talent? Ask her to perform at your wedding. You will save several thousand dollars and she will get the opportunity to sing before an audience.
  • Use your credit card to pay your wedding expenses. You can accumulate a substantial sum from a cashback credit card.

Compare Best Cashback Credit Cards in SingaporeFind Out More

Still running short of cash?

Weddings involve a great deal of expenditure. Despite your best effort, you may find yourself going over-budget. If you need additional funds, consider a personal loan. Some of them have surprisingly low interest rates and long repayment tenures.

Compare Best Personal Loans in SingaporeFind Out More

Don’t forget to enjoy yourself!

Preparing for your wedding can be very stressful. There are dozens of tasks to be completed and it is inevitable that everything will not go exactly as planned. If a minor crisis arises, take it in your stride and focus your energy on having a good time. After all, your wedding day is the most memorable occasion of your life.


Planning a wedding? Be sure to make use of the best credit cards in the market to maximise your returns on your wedding expenses!

Compare Best Credit Cards in SingaporeFind Out More

Read More:

Cover Image: Unsplash

This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on our Site constitutes a solicitation, recommendation or endorsement by AMTD PolicyPal Group in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Under AMTD Digital, AMTD PolicyPal Group consists of PolicyPal Pte. Ltd., Baoxianbaobao Pte. Ltd., PolicyPal Tech Pte. Ltd., and ValueChampion.