Losses from prepayments have risen significantly. A total of nearly S$6.7 million was reported from January to September. This amount is about 147 per cent more than the total for the previous year.

The increase in losses is notable, with a substantial rise compared to the whole of 2025.

Further information on these losses and the call for mandatory safeguards is available, including details on the amount linked to fitness closures, which totals S$3.82 million.