Singapore's private club 1880 shuts down

The club opened in late 2017 and offers co-working and social spaces, as well as a restaurant, bar, and spa.

"Spend and frequency per visit of our members has been trending down. The company needed an injection and some efficiency optimization," the club wrote in an email as cited by Channel News Asia.

The abrupt closure comes after 1880's Hong Kong branch shuttered on May 30, less than a year after opening, Mothership reported.

Singapore's celebrated food scene has seen a wave of shutdowns over the past year, affecting establishments from budget-friendly hawker stalls to Michelin-starred restaurants.

Rising operational costs and declining consumer spending have been cited as key factors, according to Reuters.

New Scissor-Cut Curry Rice, a well-known eatery in Geylang district, closed last month after 30 years in business, citing "a number of challenges including high rental costs."

Government data shows that food and beverage business closures averaged 307 per month in 2025, up from 254 in 2024 and around 230 in both 2023 and 2022.

Singapore was named the second most expensive city in the world for foreigners after Hong Kong in last year's Cost of Living Survey, released by American consulting firm Mercer.