UMK Professor: Malaysian Weddings Among Most Expensive in ASEAN, Costing RM50K To RM200K
She said the rising costs often push couples into debt.
A Malaysian academic has highlighted the growing financial burden weddings are placing on young couples in the country
Datuk Dr Nik Maheran Nik Muhammad, a professor of entrepreneurship and business at Universiti Malaysia Kelantan (UMK), said that inflation, rising costs for venues and catering, and societal expectations have all contributed to skyrocketing wedding expenses.
"Malaysia's wedding expenses are among the highest in ASEAN, with average costs ranging from RM50,000 to RM200,000," she said, according to theSun.
By comparison, weddings in Cambodia and the Philippines are much more affordable, costing an average of USD15,000 (RM71,000) and USD4,800 (RM22,800), respectively.
Nik Maheran said rising costs impact all communities in Malaysia, often pushing couples into debt to fund their dream weddings
She said Chinese couples typically spend more on luxurious venues and gourmet dining, while Malay and Indian couples tend to prioritise elaborate decorations and invitations.
"Some take out personal loans or rack up credit card debt ranging from RM30,000 to RM100,000," she said.
She also pointed out that the Malaysia Insolvency Department has linked wedding-related debts to a rise in bankruptcy cases among young Malaysians.
With the rising cost of living and soaring property prices, Nik Maheran said marriage rates could continue to fall if economic conditions don't improve.
She added this financial pressure is a key factor behind why many young Malaysians, especially Chinese men according to statistics, are delaying marriage.
To avoid financial hardship, she urged couples to engage in smart wedding planning, such as setting a clear, realistic budget early on
Cost-saving strategies, such as trimming down the guest list or choosing an off-peak wedding date, can make a big difference.
"Avoid following others in having a grand wedding if you cannot afford it.
"Have a small wedding instead, and perhaps plan for a grand 10th or 25th year anniversary celebration when you have a stable income or accumulated wealth," she advised.
Ultimately, she said, open discussions about money, practical budgeting, and prioritising financial stability are essential for couples looking to build a strong future together.