Fitness First invests $26m to open 3 more clubs in Singapore

SINGAPORE - Fitness First announced today plans to invest $26 million into expanding its presence in Singapore.

To do so, it is opening at least three new clubs in Singapore - targeted to complete by the end of 2014. An additional $6 million is to be invested into the refurbishment of existing clubs in the country.

The confirmed club openings are to be located at the Bank of Singapore (Raffles Place), Westgate (Jurong East) and Metropolis (Buona Vista). The branch at the Bank of Singapore will be its flagship branch.

Totalling 50,000 sq ft, the new branches will bring the total number of clubs island-wide to 16 when they are complete, with the number of group exercise classes rising to more than 1,000 every week.

Fitness First added that it will also be opening new clubs in Thailand, Philippines, Indonesia, Hong Kong and Malaysia in the months ahead.

yamadak@sph.com.sg