Singapore Prepaid Crackdown? Royal Secrets Wellness Fallout – March 8
Royal Secrets Wellness closure has jolted Singapore’s beauty and wellness sector. Customers reported over S$153,000 in unutilised balances to CASE, sharpening focus on Singapore consumer protection. Lawmakers are weighing a Budget 2026 cooling-off period for large prepayments. Such moves could reshape package-driven revenues, cash flow, and valuation assumptions. We outline what this means for operators, investors, and customers seeking prepaid packages refund options, and why CaseTrust accreditation may become a stronger market signal in Singapore’s service industries.
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