A Banking Heir Got Vertigo at 23. Now He Runs Singapore Bathhouses Instead

Grant Wee had every reason to follow his family into banking. His father, Wee Ee Cheong, has run United Overseas Bank for decades, and his grandfather Wee Cho Yaw built the bank into one of Singapore's biggest financial institutions. Instead, after graduating from Durham University and joining Boston Consulting Group, Wee ended up building his career around wellness, a shift that started with a hospital bed rather than a business plan.

At 23, years of travel, poor eating habits, and no exercise caught up with him. He suffered severe vertigo, was hospitalized with high blood pressure, and was warned by a doctor that without real lifestyle changes, he would likely need medication to manage it. I realised this was not sustainable, he said afterward, and the realization pushed him out of consulting and into building the kind of place he had needed for himself.

That first attempt was Trapeze Rec Club, a four storey wellness space in Tanjong Pagar combining fitness, martial arts, yoga, physiotherapy, recovery tools, mental wellbeing support, and a cafe under one roof. Wee has described building it for 20 year old Grant, the version of himself who struggled with depression back at Durham. The club closed in March 2026 after five years, undone by rising rent and the sheer complexity of running that many services under one lease.

Wee did not step away from wellness after the closure. He now runs The Trapeze Group and has opened Hideaway, a 3,500 square foot massage and bathhouse space on the fifth floor of New Bahru's School Block, a development created in part by his brother Wee Teng Wen, who also founded the Lo & Behold hospitality group behind venues like the rooftop bar Loof. Hideaway offers four semi private bathhouse pods with infrared sauna and cold plunge, a private suite, five single treatment rooms, two couple rooms, and a reflexology lounge, with services including Swedish massage, deep tissue work, guasha, and herbal compresses.

Where Trapeze tried to be a full service wellness campus, Hideaway is built around a smaller idea, a place where you can spend an hour or two by yourself, as Wee has put it. For someone who grew up around one of Singapore's largest banks, his business now runs on a much quieter kind of currency, tracking not deal flow but how long a stressed out guest can sit still.