Hitting the gym can hit your wallet
Survey of 33 cities finds that gym fees in S'pore are the second-highest
Published on Jun 7, 2014 6:47 AM
It may be more expensive to work out in a gym in Singapore than in most other cities, due to the higher cost of doing business.
People in Singapore also tend to have more disposable income, which affects the way a gym brands, positions and prices itself, said industry players and experts.
A Deutsche Bank survey last month found that a one-month gym membership in the business district costs US$131.79 (S$165). This ranked Singapore as the second-costliest for gym-goers in 33 cities, trailing only Moscow, where the fee is US$142.49. It beats New York City (US$118), London (US$115.96) and Hong Kong (US$103.26).
The survey was part of a larger study which compared prices of various products and services around the world. Data was collated from prices posted online and secondary sources.
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Monthly membership in Hong Kong: US$103.26
Monthly membership in London: US$115.96
Monthly membership in New York: US$118
Monthly membership in Singapore: US$131.79