Lobster is one of the most prized seafood delicacies, renowned for its tender sweet meat and distinctive rich flavor However, its luxury status also comes with a hefty price tag that gives pause to many a lobster lover in Singapore This article will provide an in-depth breakdown of lobster prices in Singapore – from market rates to restaurant costs – to help consumers make informed spending decisions.
Factors Influencing Lobster Prices
Several key factors impact the retail price of lobsters in Singapore
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Species – Rock, spiny and slipper lobsters are cheaper options, while Boston and Canadian lobsters command premium pricing.
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Size – Larger lobsters over 800g cost more per kg. Premium is paid for thick lobster tails and claws.
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Live vs Frozen – Live lobsters fetched directly from tanks cost 20% to 30% more than frozen.
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Season – Prices fluctuate based on supply and demand. They are higher during festive periods.
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Imported vs Local – Air-flown lobsters from Australia and Canada cost more than locally farmed varieties.
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Premium Branding – Premium suppliers like The Ocean Mart drive up costs by 30% or more.
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Location – Lobster is pricier at upmarket specialty stores versus 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 prices ultimately depend on lobster size and species. Smaller rock lobsters start at $25 per kg while large Boston lobsters can cost over $120 per kg.
Estimated Pricing at Popular Retailers
Here are current lobster price ranges at popular retailers in Singapore:
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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) – $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 tend to be slightly lower for similar lobster varieties. Take advantage of seasonal promotions too!
Costs of Lobster Dishes at Restaurants
Dining out on lobster can be pricier. Here are estimated costs for popular lobster dishes:
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Lobster Roll – $15 to $30
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Grilled Lobster – $40 to $60
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Lobster Pasta – $25 to $35
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Lobster Thermidor – $30 to $50
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Steamed Lobster – $50 to $80
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Lobster Baked Rice – $25 to $40
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Champagne Lobster – $60 to $100
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Lobster Porridge – $15 to $25
Restaurants apply markups of 2x to 3x the ingredient costs. Portion sizes impact pricing too.
Strategies for Saving on Lobster
Here are some insider tips to enjoy lobster without breaking the bank:
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Opt for rock or slipper lobsters for 30% to 50% savings
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Buy shell-on whole lobsters and remove shells yourself
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Purchase live lobsters at wet markets versus restaurants
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Buy frozen lobsters online and steam yourself
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Avoid upscale seafood restaurants and opt for local zi char
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Share a lobster dish with friends instead of individual portions
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Look out for lobster promotions at restaurants and retailers
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Book in advance for discounted set menus at hotels
With some strategic choices, you can satisfy your lobster craving without paying premium prices!
Is Lobster Worth the Price?
Lobster is undoubtedly a premium ingredient. But is it worth paying top dollar? That depends on your budget and how much you crave that sweet lobster flavor.
For special occasions, lobster is the ultimate indulgence and worth the splurge. But everyday home diners can enjoy lobster at reasonable prices too. The key is to choose affordable species, buy direct, and remove shells yourself.
With insider knowledge of market rates, you can now better calibrate spending. Weigh the delicious rewards against the price tag, and enjoy lobster at a level that fits your budget. After all, discovering great values makes this luxe 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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$20 vs $70 LOBSTER ROLL in Singapore (CHEAP vs EXPENSIVE)
FAQ
Is lobster cheap in China?
Which country has the most lobsters?
How much is lobster in Hong Kong?
Why are lobsters expensive?
Where to buy lobster in Singapore?
Lobster is often one of the most expensive items on the menu in fine restaurants, but it is fairly easy to prepare at home. You can buy lobsters in Singapore from FishMart with free lobster delivery (with orders above $50) and boil them, or just cook the tails. There are several reasons why fresh lobster is cooked immediately after killing.
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?
Price: $19++ per 100g of Boston Lobster Address: The NCO Club, 32 Beach Road Singapore, 189764 Opening Hours: Monday – Friday: 12pm – 2.30pm Monday – Sunday: 6pm – 10pm Saturday, Sunday, Public Holiday: 11am – 1pm, 1.30pm – 3.30pm Don’t miss out! Make your reservation at Madame Fan’s here! 11.
How much does a lobster weigh per piece?
L: 200-300g per piece XL: 400-500g per piece The premium shellfish of all time, lobsters are the highly prized seafood you should get to treat yourself! Get our premium lobsters at affordable prices now! Our lobsters are cleaned and immediately packed using IQF method.