Wellness club owned by son of UOB CEO to close after five years

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

In the post, Mr Grant Wee thanked Trapeze Rec Club’s coaches for staying by the club’s side despite “many difficult conversations and uncertainties”, and for exploring “every possible way” to keep the business going.

“In the end, however, even the best options still weren’t viable. The decision ultimately rested on me to make the tough call not to move forward,” he said.

He noted that the club’s first priority has been reaching out individually to members and processing their refunds, as well as supporting its coaches.

He said the club will be in touch with its suppliers, vendors and partners.

Mr Grant Wee is the founder and managing partner of wellness-focused lifestyle company The Trapeze Group, which also owns massage and bathhouse Hideaway in New Bahru.

Established in 2021, Trapeze Rec Club was among the earlier players in Singapore’s wellness market, which has grown rapidly in recent years.

The club offered a range of fitness and martial arts classes, on top of recovery and physiotherapy services such as cold plunges and an infrared sauna. It was also known for its strong community culture that promoted social interactions among members. THE BUSINESS TIMES