Getting married is one of life’s happiest moments. But in Singapore, weddings can get expensive very fast.
Many couples picture the dream ceremony big banquet, nice outfits, photos, and a honeymoon. What they don’t see at first is how quickly the bills grow. Small extras like service fees or more guests can push the cost way above the first budget.
This is why planning ahead matters. A wedding should be special, but it should not put too much strain on your finances.
In this article, we will look at the real costs of weddings in Singapore, when a wedding loan can help, and how to keep a balance between your dream and your budget.
Why Weddings in Singapore Are Getting More Expensive
Singapore is known for elegant venues, rich traditions, and meaningful celebrations. But those come with a price tag. Expect:
- Hotel wedding banquets cost tens of thousands of dollars
- Photo shoots, gowns, decor, styling, and hidden fees are inflating the final cost
- Many couples aim for memorable celebrations, but often the price tags are higher than expected
Breaking Down the Average Wedding Costs
Here is a rough cost guide based on recent data (2024):
| Expense Category | Typical Cost (SGD) |
| Venue & Catering | 30,000 – 50,000 (or higher) |
| Bridal Package | 3,000 – 6,000 |
| Photography & Videography | 2,000 – 5,000 |
| Attire & Accessories | 2,000 – 6,000 |
| Miscellaneous & Hidden Fees | 5,000 – 15,000+ |
For example, MoneySmart notes that a typical banquet alone can cost between S$30,000 and S$50,000, with higher-end events even exceeding S$100,000, before adding venue service fees and related charges (Tan, 2024). Saffrons provides granular breakdowns like catering per guest, venue ranges, decorations, and more (Saffrons, 2024).
Wedding Loan vs Other Ways to Pay
Here is a balanced look:
| Funding Option | Pros | Cons |
| Wedding Loan | Fixed repayments, clear timeline | Interest costs, longer commitment if not managed well |
| Credit Card | Rewards points, fast payment | High interest if not paid in full |
| Savings | Interest-free, safest | May reduce funds available for emergencies or future |
Cashmart Singapore helps couples compare personal loans responsibly. For example, you could review their personal loans in Singapore page to make an informed comparison, focusing on cost and terms that suit your budget.
When Do Couples Consider a Wedding Loan?
A wedding loan is not the first choice for most couples, but it can be useful in certain moments:
- Big deposits: Some venues or bridal studios ask for a large payment up front. A loan can help spread this cost into smaller payments.
- Protecting savings: Couples may want to keep their emergency fund safe for real needs, like medical bills or home repairs.
- Last-minute costs: Extra guests, new decorations, or hidden fees often appear close to the big day. A loan can cover these surprises.
Always remember, a wedding loan should be a tool, not a crutch. Take one only if you are sure you can repay it on time without hurting your daily budget.
Smart Wedding Budgeting Tips (With or Without a Loan)
Weddings in Singapore don’t have to cost a fortune. With smart choices, you can keep your big day beautiful and meaningful without overspending.
1. Keep It Intimate
Invite only close family and friends. A smaller guest list lowers catering costs and makes the event feel warmer and more personal.
2. Choose Weekday or Lunch Banquets
Weekend dinners are the most expensive. Weekday or lunch banquets can save you thousands while still offering the same great food and venue.
3. Go Simple With Decor and Invites
DIY decorations, fairy lights, or home-grown flowers can look elegant without high costs. Digital invitations are cheaper and eco-friendly, too.
4. Use Packages or DIY Options
Bridal shops often give bundle deals for gowns, makeup, and photos. Some DIY touches, like favors or playlists, also save money and add a personal feel.
5. Focus on What Matters
Guests remember the joy of the day, not how much you spent. By focusing on love and experiences, you create a wedding that feels rich in meaning, not cost.
How to Decide If a Wedding Loan Is Right for You
Here are simple steps:
- Check your savings minus essential emergency funds.
- Estimate how much you need beyond what you have.
- Use a repayment example: e.g., borrowing S$10,000 over 24 months—break that into monthly amounts. Tools from lenders like Cashmart Singapore explain this clearly.
- Borrow only what is necessary. It is better to cover urgent costs than to splurge on extras.
Start Your Marriage Rich in Joy, Not in Debt
A wedding should feel full of love and joy, not heavy with money stress. For some couples, a wedding loan can be part of the plan, especially when savings are not enough and there is a clear way to repay.
The secret is to plan with purpose and balance, so you can enjoy peace of mind while celebrating your big day.
If you want to go deeper and learn how to manage wedding costs the smart way, Cashmart Singapore shares clear guides and insights on personal loan in Singapore. With the right knowledge, you can design a wedding that is both memorable and financially wise.
