The Gym Pod Review: Save Money on Exorbitant Gym Membership Fees
If you’re like me, unwilling to pay exorbitant gym membership fees just to get a good workout, then The Gym Pod may be the right gym for you. Dubbed as South East Asia’s first 24-hour smart container gym with affordable pricing and no monthly membership fees required.
Source: The Gym Pod
With most gyms still limiting the number of pay-per-visit sessions post circuit breaker measures, it was hard for me to find a good place to work out. The usual Punggol Safra gym that I frequent has suspended the per entry (walk-ins) until further notice. Friends who are members of Fitness First also told me they are required to book their slots in advance prior to entering the gym.
Source: Fitness First Singapore
Hence, I found myself with a lack of options until I came across The Gym Pod – South East Asia’s first 24-hour smart container gym with no monthly membership fees required.
Below are a few reasons why I think going to The Gym Pod can help you save a ton of money each month, while maximising your time spent at the gym.
A. No monthly / annual membership fees to use The Gym Pod
Economists at the UC Berkeley reported that the average gym user who signs up for a monthly or annual gym membership paid 70% more than those who pay per visit. For those who pay per visit, they could save up to $300-$500 each year.
Think about it. The average monthly membership fees for a good gym can cost upwards in excess of $150/month.
Source: Dollars and Sense
Even by using it twice a week, eight times a month, you are still paying an average of $18.75/session. Of course you may get the added benefits of a shower room and a sauna, but is it really worth it?
On the contrary, The Gym Pod’s rates are wayyyyy more affordable. The Punggol Park Gym Pod that I visit only cost $5.5 per session for a 30 minutes session. Even if you were to book for an hour, it costs $11 per session, saving you an average of $7-$8 each time if you were to sign up for a gym membership.
Source: The Gym Pod App. Note that some outlets are priced slightly different eg Techplace 1 @ Ang Mo Kio is priced at $7.50 per session. But even so, it is still affordable given that Safra per entry walk-ins are $8.55 per session.
Hence, before you sign up for that gym just below your office, paying $150 to 200/month, think twice!
The Gym Pod is definitely way cheaper than Pure Fitness, Virgin Active, and Fitness First.
B. You will have a private / close to private workout
Have you ever went to a gym, all excited to do your intended exercises and reps and found that it is crowded with lots of people using the equipment? I certainly have and it is definitely a bummer.
However for The Gym Pod, it is as good as having your own private gym.
This means no more waiting time and having all the equipment to yourself. Definitely good for introverts like myself. This also means no need to worry about others “judging” you and you can do the exercises at your own pace. I know how daunting it is for someone new to start lifting.
Lastly, by saving time, you are saving money as well.
C. You will maximise your time in the gym given that it is 30min per slot
Each slot at The Gym Pod is for 30 minutes so you have to plan ahead in advance what type of exercises you want to do.
Personally, I prefer spending a shorter amount of time in the gym and being more efficient as I always have a packed schedule and cannot afford spending 1+ hour in the gym. I believe it is not always about the length of time you spend at the gym, but rather the quality of your workout.
I see places like Ritual Gym advocating themselves as the 30-minute gym to get the most out of your workout. Hence, I believe 30 minutes should be sufficient for a workout time.
Source: Ritual Gym
D. Highly convenient gym that operates 24/7 with many locations around Singapore
Currently, The Gym Pod has 7 locations around Singapore mostly outside of the central area. So if you have one near your place, you’re in luck.
Also, The Gym Pod’s value proposition emphasizes on convenience and working out at anytime you want. This is particularly useful for busy people who have an unpredictable schedule.
Source: The Gym Pod
E. Super easy to book
I have used The Gym Pod 3 times in a week already and the process of booking a slot has never been easier. All you need to do is to download the app from the Apple App store or the Google Play store, sign up using your email, and choose the location and time that you want.
Just a few clicks and you are done.
F. Good equipment that is sufficient for you to do the heavy lifting
If you are the type that you enjoy using free weights for your workout, The Gym Pod is for you. They have a power rack with 20kg, 15kg, 10kg, 5kg, 2.5kg and 1.25kg plates – sufficient for you to do bench press, squats, deadlifts and overhead presses.
In addition, they have dumbbells, treadmill, and yoga mats as well.
I find The Gym Pod to be a game changer to the fitness industry by providing convenient and affordable solutions to gym-goers.
Source: Finance and Toast. The Gym Pod @ Punggol Park.
G. Additional: They recently opened one in the CBD @ 104 Amoy Street
For office workers who enjoy working out before work, during lunch or after work, you will be thrilled to know that The Gym Pod has opened 3 new Gym Pods in the CBD area at 104 Amoy Street.
This is not the container version, but rather, it is located within a shop house.
Source: The Gym Pod
Knowing that there are cheaper alternatives to getting a good workout, will you still pay for a gym membership? What are some of the pros and cons that you see for industry changers like The Gym Pod?
Share with us in the comment box below.
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Finance and Toast
P.S This is not a sponsored post and I have no affiliation with the company. Opinions are expressed are purely author’s own and he would like to advocate such alternatives to the traditional gym memberships.
P.P.S. Given that this is a personal finance blog and that I am always on a lookout for interesting investment opportunities, I note that The Gym Pod allows you to own your very own gym pod. The requirements includes minimum USD 40k liquid capital and at least 20 square metres of outdoor space.
Just thinking out loud – for a USD 40k investment and if you are able to get people booking 24/7 at your gym pod (best case scenario), your payback period is only 213 days. Of course in reality, it is not possible but even so, if the payback period is 365 days, anything earned after that is pure profits given that the maintenance cost is low and no manpower is needed.
However, this is something that I would need to find out more in detail but on first glance, sounds like a good investment opportunity.
Source: The Gym Pod