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Cost-efficiency key demand driver for self-storage spaces in Singapore: Knight Frank

Published Tue, Mar 21, 2017 · 09:50 PM
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Singapore

COST factor is the key driver for business owners turning to self-storage facilities, also known as do-it-yourself (DIY) storage spaces, in Singapore.

In a survey of 207 personal and business users by Knight Frank and Lock+Store, about half of business users opted for self-storage spaces as a cheaper alternative compared to renting shops or warehousing space.

This is followed by 37 per cent of users who are using self-storage spaces due to the nature of their business. …

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