True Fitness, True Yoga to close in Singapore; parent company cites competition, rising costs
True Fitness and True Yoga are closing all operations in Singapore due to intense market competition and rising operational costs. The parent company has appointed insolvency practitioners to manage the voluntary winding-up process.
Why it matters
The closure reflects the challenging economic environment for brick-and-mortar fitness businesses facing high overheads and market saturation.
Despite cash funding from the parent company, the Singapore operations continued to underperform, said its parent company.
The True Fitness outlet at Great World was closed on Sep 11, 2026.
Ryan Wong 11 Sep 2026 09:44AM (Updated: 11 Sep 2026 02:48PM) Bookmark Bookmark Share WhatsApp Telegram Facebook Twitter Email LinkedIn Set CNA as your preferred source on Google Add CNA as a trusted source to help Google better understand and surface our content in search results. Read a summary of this article on FAST. Get bite-sized news via a new cards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST SINGAPORE: True Fitness and True Yoga in Singapore are set to close, with their Hong Kong parent company citing "fierce" market competition and rising costs in attracting customers.
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