Thursday, Dec 25, 2014Thursday, Dec 25, 2014

Singapore

 

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
 
Getting fit doesn’t come cheap in Singapore, according to a survey of products and services around the world. Industry players and experts say gym fees are higher in Singapore because of the higher cost of doing business and higher disposable income. Prices are also determined by a gym’s positioning, branding and target audience. -- PHOTO: TRUE FITNESS

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.

 
If you are not a subscriber, you can get instant, unlimited access here

Background story

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

Videos