Affordable Venues for Rent in Singapore

Affordable Venues Rental Guide

Singapore is a vibrant city, filled with unique and exciting things to see and do. Organising an event here may seem like it could be expensive, but you'll be surprised to find out that there are plenty of affordable venues available. Whether you're planning a wedding, birthday party, or corporate event, there are plenty of places that won't break the bank. 

Here are some tips on how to find affordable venues in Singapore:

Search your options - Researching venues is important if you need to work within a budget. It's easy to get caught up in the moment and book the first space that takes your fancy. But, it’s better to do some research, gather a few options and compare them with each other to make sure you're choosing the perfect venue that meets your needs. With Tagvenue, this kind of research will only take you moments!

Book early - If you're booking months in advance, discounts or promotions may be available, so make sure you ask about them! Some venues offer discounts for booking six months in advance or more; others will give discounts for booking during off-peak times like weekday evenings. Also, if you leave booking to the last minute, you won't have a choice but will have to hire something no matter the price. Avoid that by starting your venue search early.

Consider pricing options - Venues in Singapore usually charge per hour or per person. There are also some venues that offer minimum spend hiring options. That’s why it’s important to carefully consider how long your event will last, how many people will come and whether they will be willing to spend their own money in the venue. Once you know that, you will be able to choose the best pricing option for your event.

Think outside the box - If you want to avoid paying high prices for venues, think outside the box. A large hall or hotel may not be right for your event, but there are plenty of other options, such as empty offices or warehouses. These can be cheaper than traditional venues and will give your event a unique feel while being the more affordable option.

Get creative with catering - Food is one of the biggest costs associated with holding an event at a venue, so look for ways to cut down. If the venue allows outside caterers, ask if they have any they regularly work with - perhaps they can offer a discount. Or look for venues with a BYO policy. This way you can bring your own food and drinks, which usually come out cheaper than the ones offered by the venue.

Consider hiring a lesser-known venue - Smaller companies may not have the same name recognition as large chains, but that doesn't mean they're any worse at what they do. They might also be more willing to work around your schedule and budget when booking, so if something isn't available at an exact time slot or might be too expensive for you, they'll find another option that suits both parties' needs.

Don't be afraid to negotiate - When looking for a venue for your event, don't be afraid to negotiate. The event industry is highly competitive, and venues are often willing to negotiate their prices. They often might have room for flexibility and will work with you to find a solution that works for both parties. 

Look into alternative venues - Not every event needs to be held in an exclusive ballroom. If you’re organising a corporate function, renting out a co-working space or a function room can work just as well. When planning for a wedding, search for cosy cafes or outdoor spaces that will still elevate your wedding day, but may come out cheaper than professional wedding venues.

Need more ideas on affordable event planning? Here’s what you can do to ensure you don’t spend too much on your occasion:

Set a budget - when planning anything, no matter if you have a big or a small budget, clearly decide how much money you can put toward your event. If you follow our tips for renting an affordable venue, you can put a bigger part of your budget towards other spendings!

Plan ahead - last-minute decisions are usually made under time pressure when you can’t think about money. To avoid that, plan your event even a few months ahead so you can make decisions that best accommodate your budget.

Reuse - did you or anybody you know hold an event some time ago? You could borrow the decorations or other props they used for your event as well, cutting down the cost of buying new things. If you can’t borrow from anyone you know, look for companies that rent out props and decorations. It’s not only cheaper, it’s also a more sustainable option.

Ask for help - not only your friends but also your family may be willing to help you with the event. They might be able to provide food for the party or even offer their services as volunteers if you need some extra hands around.

FAQs about Affordable Venues in Singapore

How much does it cost to rent an affordable venue in Singapore?

Minimum spend for venues in the affordable range will start around S$500. For straight hire fees expect prices to start around $50 per session. For larger spaces, hire fees are often charged on a per hour basis and start around S$100 per hour. Per person packages can be found starting at S$15 per person.

How do I find an affordable venue in Singapore?

When looking for an affordable venue for an event, start your search in a venue marketplace such as Tagvenue. With a wide range of venues on offer and the ability to sort them according to cost, you will soon be able to create a shortlist of your favourites places. Once you have decided on the venue that suits you best, you will be able to reach out to the venue manager and settle all the details of your booking.

Which Singapore districts are best for organising an affordable event?

When looking for an affordable event, you are likely to find most venues will be in the centre of the city. Downtown Core, Civil District, Rochar and generally all the areas around Fort Canning Park are filled with likely venues that should satisfy your budget and be easily accessible. Marina Centre is also a likely area as well if you are looking for something closer to the waterfront.

Can you recommend any affordable venues in Singapore?

Here at Tagvenue, we list only the best venues, but here are our top picks:

• The Teahouse Studio - a blank canvas space that is accessible and affordable. Perfect for workshops, photo sessions, and laid-back events. Rated 5.0/5
• Metropolitan YMCA Singapore - a conveniently located venue that can host large groups. Offering affordable per person packages, it’s a perfect spot for low-budget corporate functions. Rated 5.0/5
• All In One (BGL) - a karaoke room with a mini-bar perfect for a night out with your closest friends and family. Rated 4.8/5