, Singapore

Daily Briefing: Gyms in Singapore are making clients pay more; Singapore one of world's weakest housing markets

And Asian cities take up half of top 10 costliest expat spots.

  • Earlier this year, Sky Fitness, a gym located at HarbourFront Centre closed suddenly without warning. A Straits Times article this month reported that the gym had been making losses for the past 9 years since its opening, and had managed to accumulate a debt of up to $3.8 million. Read more here.
  • Singapore has emerged as one of the worlds five weakest housing markets, revealed the latest survey from Global Property Guide. Find out more here.
  • Asia has become one of the most expensive regions for people working abroad, according to a new survey, with its major cities accounting for half of the top 10 costliest expat destinations. Know more about it here.
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