True Fitness & True Yoga to close in S’pore

True Fitness and True Yoga are undergoing liquidation and are set to cease operations.

Closure notice

A Reddit thread showed a notice on one of their outlets stating that this was effective as of Sep. 10.

The notice read:

"Dear valued members, we write to inform you that True Fitness Pte. Ltd and True Yoga Pte Ltd have been placed under provisional liquidation effective Sep. 10, 2026.

"In view of the provisional liquidation, all clubs have ceased operations with immediate effect."

One Reddit user who had a membership valid until April 2027 had supposedly just visited an outlet and claimed it was "business as usual" and there were even "some new staff recently".

Another Reddit thread also noted that the Novena branch was closed as well.

As of Sep. 11, Google Maps states that it is "temporarily closed".

Employees informed of closure

According to a screenshot by a Mothership reader, staff were informed on the night of Sep. 10 regarding the liquidation.

Provisional liquidators are expected to explain the next steps to them during a meeting today.

Members affected

Among the members affected was a Mothership reader who has been a member for over 20 years. She received a notification regarding the liquidation on her app on the night of Sep. 10.

She has over S$1,000 in a two-year package with the gym, where she originally pre-paid over S$2,000 and has since used half of it.

Reasons for liquidation

According to their Hong Kong-based parent company, Kontafarma China Holdings, it was "extremely difficult" to continue "amid the fiercely challenging market" in Singapore.

It added that this was due to factors resulting in obstacles to attract customers, high operating costs and stringent cashflow.

They also cited an increasing popularity of boutique gyms, as well as more condominiums and residential developments providing gyms for their residents or guests.

This reportedly reduced the need for an external gym membership.

The document also noted that online training, mobile applications, video platforms and virtual coaching allow consumers to exercise at home or outdoors, resulting in competition with digital alternatives.

Liabilities

According to CNA, Kontafarma China Holdings, said in a Sep. 10 bourse listing that the directors of True Fitness and True Yoga had resolved that the businesses could no longer operate due to their liabilities.

Despite bringing in significant revenue, it added that the True Singapore Group recorded substantial losses and net liabilities surpassing S$64 million, The Straits Times reported.

Extraordinary general meetings will be held on Oct. 7 to propose a voluntary winding-up, followed by meetings with creditors, CNA reported.

The True Singapore Group operates 10 fitness and yoga outlets in Singapore under three brands: True Fitness, TFX and Yoga Edition.