What Does Nett Price Mean? (And Why It Matters for Your Event Budget)

You've got a budget from finance, a headcount from HR, and three venue quotes that all look different even though the food looks the same. The reason usually comes down to one word: nett. Understanding the nett price meaning Singapore venues use in their quotes is the difference between a budget that holds and one that blows up when the final bill arrives.

What "Nett" Actually Means

In Singapore's F&B and events industry, a price can be quoted two ways: subject to additional charges, or nett. "Nett" means the number you see is the number you pay — no GST added on top, no service charge tacked on at the end, no surprise line items.

So when a quote says "$28 per person" without the word nett, that $28 could become $31.36 or more once 9% GST and 10% service charge are added. When it says "$28 nett per person", you pay $28. Full stop. For anyone planning a company event on a fixed budget, that distinction isn't a technicality — it's the whole ballgame.

Why This Matters So Much for Event Budgets

If you're organising a D&D, a team lunch, or a client dinner, you're usually working with a number finance has approved — say, $3,000 for 100 pax. At $30 per person before tax and service, you're actually looking at roughly $3,270 once the charges land. That's $270 you didn't budget for, and it's the kind of gap that makes an organiser look bad in front of their boss.

This is exactly why every price Major 99 quotes you is nett. When we say a buffet package is a certain amount per person, that figure already has GST and service charge folded in. What you see on our menu page is what goes into your budget — no asterisks, no "plus the usual charges" clause buried in the fine print.

A Quick Way to Check Any Quote

Before you sign off on any venue, ask these three questions:

• Is this price nett, or subject to GST and service charge?
• If it's not nett, what's the actual all-in cost per person?
• Does the quote include everything you need (room, food, equipment), or are there add-ons?

A venue that can answer all three without hesitation is one that's used to dealing with corporate organisers who need clean numbers for approval.

How Nett Pricing Shows Up in Real Packages

At Major 99 in Ang Mo Kio, our buffet and room packages are priced nett per person, so you can multiply by your headcount and get your total on the spot. If you're quoting 40 pax for a team bonding session, you take the nett per-person price, times 40, and that's your number — no further maths, no calling back to confirm what's included.

This matters even more for mixed events, where you might have a KTV room booking plus food plus drinks. When every component is nett, you can add them up line by line and hand finance a total that won't move. When components are quoted differently — some nett, some not — you end up doing conversions in your head, and that's where budgeting mistakes creep in.

Halal and Dietary Considerations Don't Change the Nett Price

If your team has halal requirements, our buffet options are halal-certified through our preferred catering partner, and this is reflected in the same nett pricing structure as everything else on the menu. You're not paying a hidden premium for dietary accommodation — the nett price you see already accounts for it.

This is worth checking with any venue you're comparing, because some quietly charge more for halal-certified catering without flagging it upfront. Ask the question directly, the same way you'd ask about GST and service charge.

Reading a Venue's Menu Like a Budget Owner

When you're the one putting together the event proposal, treat every quote like a line item that needs to survive scrutiny. A nett price is one you can defend without a footnote. A non-nett price needs a second calculation before it goes anywhere near your budget spreadsheet.

Our menu page lists nett pricing throughout, by design — because we know the person reading it isn't just picking food, they're building a number that needs to hold up through approval, through the event, and through the final invoice.

Bringing It Back to Your Event

Once you know the nett price meaning, comparing venues gets a lot simpler. You're not comparing headline numbers anymore — you're comparing what you'll actually pay, apples to apples. That's the clarity you want when you're the one accountable for staying on budget.

If you've got a headcount and a date in mind, have a look through our menu for the nett packages that fit your group, and message us your numbers when you're ready — we'll walk you through exactly what's included so there's nothing left to guess at.