Lobster is considered one of the most luxurious and prized seafood delicacies in Singapore. With its tender sweet meat and rich distinctive flavor, it comes at a premium price that gives pause to lobster lovers in the city-state. This article provides a comprehensive guide on lobster prices in Singapore covering costs at wet markets supermarkets, specialty stores, online retailers and restaurants. Read on to find out the average price range for lobsters and get tips on finding the best deals.
Factors Influencing Lobster Prices in Singapore
Several key factors impact the retail price of lobsters in the Singapore market
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Species – Rock spiny and slipper lobsters are cheaper options while Boston and Canadian lobsters command higher premiums.
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Size – Larger lobsters above 800g fetch higher per kg prices. There are premiums paid for thick lobster tails and claws.
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Live vs Frozen – Live lobsters sourced directly from tanks cost 20-30% more than frozen varieties.
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Season – Prices fluctuate based on supply and demand. They tend to be higher during festive peak periods.
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Imported vs Local – Air-flown lobsters from Australia and Canada are pricier than locally farmed options.
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Premium Branding – Buying from upscale suppliers like The Ocean Mart can drive up costs by 30% or more.
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Location – Lobsters cost more at specialty seafood stores compared to wet markets.
Average Retail Price Ranges in Singapore
The average retail price range for lobsters in Singapore spans:
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Wet Markets – $25 to $60 per kg
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Supermarkets – $30 to $75 per kg
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Specialty Seafood Shops – $50 to $85 per kg
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Online – $35 to $80 per kg
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Restaurants – $60 to $150 per kg
But the exact price depends largely on lobster size and species. Smaller rock lobsters start at $25 per kg while large Boston lobsters can exceed $120 per kg.
Estimated Pricing at Popular Retailers
Here are current lobster price ranges at popular retail locations:
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FairPrice (Supermarket) – $28 to $68 per kg
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Sheng Siong (Supermarket) – $25 to $60 per kg
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Giant (Supermarket) – $30 to $75 per kg
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The Ocean Mart (Specialty Store) – $50 to $85 per kg
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FishMart (Online) – $35 to $70 per kg
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SeaCo (Online) – $40 to $80 per kg
Online prices for similar lobster varieties tend to be slightly more affordable.
Restaurant Lobster Dish Prices
Dining out on lobster is pricier. Here are estimated costs for popular lobster dishes:
- Lobster Roll – $15 to $30
- Grilled Lobster – $40 to $60
- Lobster Pasta – $25 to $35
- Lobster Thermidor – $30 to $50
- Steamed Lobster – $50 to $80
- Lobster Baked Rice – $25 to $40
- Champagne Lobster – $60 to $100
- Lobster Porridge – $15 to $25
Restaurants apply 2-3x markups on ingredient costs. Portion sizes also impact pricing.
Ways to Save on Lobster in Singapore
Here are some insider tips to enjoy lobster without overspending:
- Opt for cheaper rock or slipper lobsters to save 30-50%
- Buy whole lobsters and remove shells yourself
- Purchase live lobsters from wet markets instead of restaurants
- Choose frozen lobsters online and steam yourself
- Avoid upscale seafood places and go for local zi char
- Share a lobster dish with friends versus individual portions
- Look out for lobster promotions at retailers and eateries
- Book discounted set menus at hotels in advance
With strategic choices, you can satisfy your lobster craving without paying premium prices!
Is the Cost of Lobster Worth It in Singapore?
There’s no denying lobster is a premium-priced ingredient. But is it worth paying top dollar for? The answer depends on your budget and lobster cravings.
For special occasions, lobster is the ultimate indulgence worth splurging on. Yet everyday home diners can still enjoy lobster at reasonable rates with the right strategies. The key is choosing affordable species, buying direct and removing shells yourself.
With insider knowledge on market rates, you can now better gauge spending. Weigh the delicious rewards against the price tag, and savor lobster at a level fitting your budget. Finding great value makes this luxurious seafood even more gratifying!
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(e.g. gutted, chopped, chop large pieces.(Mincing not applicable for seafood)) (excluding de shell of prawns, cutting of fruits & vegetables)
Usually come in pairs weighing approximately 1kg. Some cases lobsters are bigger will come as 1pc.
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$150 dinner in Singapore #lobsterfest
FAQ
How much is a lobster in Singapore?
How much does a fresh lobster cost? FishMart offers lobster delivery in Singapore at the best prices. The lobster price is around $20-$25 per 300g-500g.
How much is a 1 lb lobster?
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Lobsters Onlinehttps://www.lobsters-online.comOrder 1 lb. Fresh Live Maine LobsterDistributed By. The Lobster Trap Co., 290 Shore Rd Bourne, Massachusetts. Write a Review. Related Products. 1.25 lb. Fresh Live Lobster $28.00. 1.5 lb. Fresh Li…
How much does crab cost in Singapore?
| Size | Size before cooking (kg) | S.E.A Mud Crab |
|---|---|---|
| Large | 0.6-0.7 | $ 47.90 |
| X Large | 0.9-1 | $ 65.90 |
| XX Large | 1.2-1.3 | $ 95.90 |
| King | 1.6-1.7 | $ 125.90 |
How much lobster for 2 people?
lobster, for example, will yield around 6-8 oz. of meat. Since I like to pile my lobster rolls sky high with meat, I usually plan to buy 1.5 lobsters per person (or roll), though you could definitely get away with the ‘1 Lobster per person’ rule- especially if you take the care to dig out the leg & knuckle meat.
How much is a pound of lobster in Singapore?
The retail price range in Singapore Dollar for lobster is between SGD 19.60 and SGD 84.95 per kilogram or between SGD 8.89 and SGD 38.53 per pound (lb) in Singapore and Bishan. Join 50,000+ traders accessing live market prices, verified buyers, and direct selling opportunities
How much does a lobster roll cost in Singapore?
Price: $48++ for the lobster roll Address: 208 Telok Ayer St, Singapore 068642 Opening Hours: Tuesday – Saturday: 11.30am – 2.30pm, 6pm-11pm (last order 10pm) Closed on Monday and Sunday Save 10% at The Market Grill via Chope here. 12. How much does a 100g Boston lobster cost?
How much will lobster cost in Singapore in 2023?
Based on the current trend, it is predicted that the export price of Lobster from Singapore will be 15.45 US dollars per kg in 2023 and 17.90 US dollars per kg in 2024. The import price per kilogram of Lobster into Singapore over the last five years has been quite volatile.
How much does a lobster cost per kg?
In 2017, the price was 13.74 US $ per kg, and in 2021, it was 13.58 US $ per kg. The highest price was seen in 2016, when it was 16.33 US $ per kg. The lowest price was seen in 2019, when it was 10.9 US $ per kg. The current price is 12.35 US $ per kg. Which country has the most lobsters?
How much does a lobster cost in Hong Kong?
The retail price range in Hong Kong Dollar for lobster is between HKD 126.94 and HKD 143.70 per kilogram or between HKD 57.57 and HKD 65.17 per pound (lb) in Kowloon and Tsuen Wan. Why are lobsters expensive? The slow growth rate of these crustaceans doesn’t help its dwindling population.
Is Singapore a net importer of lobster?
Singapore is a net importer of lobster. The annual growth of Singapore lobster in value between 2015 to 2019 was -15%, per annum, while annual growth in quantity for the same period was -17%, per annum. Singapore imported 1,671 tonnes of lobster in 2019.