Wellness club Trapeze Rec Club to close after five years; owner says “not sustainable” to carry on

Wellness club Trapeze Rec Club to close after five years; owner says “not sustainable” to carry on


The 8,000 sq ft club at Tanjong Pagar is owned by Grant Wee, the youngest child of UOB CEO Wee Ee Cheong

[SINGAPORE] Boutique holistic wellness player Trapeze Rec Club, one of the earlier entrants to the Republic’s growing wellness space, will shut after five years.

The club will have its last day of operations on Mar 22, with personal training sessions to run until then.

In a statement posted on Instagram on Tuesday (Mar 3), owner Grant Wee said that the club’s upcoming lease renewal prompted the team to take “a hard look” at its future. “With rising costs, it was not going to be sustainable to continue at our current location,” he added.

Grant Wee is the youngest of UOB chief executive officer Wee Ee Cheong’s children.

Trapeze Rec Club occupies four storeys of a shophouse at Tanjong Pagar, spanning 8,000 square feet. It houses facilities such as a martial arts gym, yoga studio, gymnasium and cafe.



Read Full Article At Source