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Asia self-storage sector set to grow: CBRE

Singapore has shortage (or "growth potential") of 2.4m-5.5m sq ft, assuming similar saturation as NY state

Published Mon, Jun 15, 2015 · 09:50 PM

Singapore

ALTHOUGH Hong Kong, Singapore and Tokyo are already the leading Asian markets in the self-storage industry, all three have a shortfall in square footage, according to a commercial real estate study.

The study, conducted by real estate investment managing group CBRE, concluded that the three cities have much to catch up to when compared with the United States - the leading country in the industry.

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