Singapore's self-storage industry, with a yield of about 6.6%, is attracting more investors and companies due to its profitability. As the market becomes increasingly saturated, experts emphasise the importance of providing value-added services and amenities within their facilities.
These value-added services can include packing supplies for purchase, complimentary usage of trolleys, and the option to utilise third-party moving services, said Peter Guevarra, Director of Research Consultancy for Asia Pacific at global real estate firm JLL.
On types of amenities that selfstorage players can offer, Guevarra suggested meeting rooms, dedicated workspaces, pantry areas, and communal breakout spaces to packing stations and even bookable photography and livestreaming studios.
Industry player StorHub has introduced an online portal as a way to differentiate itself from other self storage businesses in Singapore.
“A lot of people have gotten more used to buying things online. So what helps us stand out above our competition in Singapore is that we’ve introduced, just recently, our online portal where you can book storage online,” Luigi La Tona, Group Director of Operations of StorHub, told Singapore Business Review.
この記事は Singapore Business Review の Issue 107 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Singapore Business Review の Issue 107 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
How TikTok powers cross-border shopping for Singapore retailers
The yellow basket feature allows viewers to purchase items directly during livestreams.
Income Insurance seeks to fill billion-dollar financing gap in climate transition
The region skimmed its carbon intensity by 2.8%, far below the 17.2% needed.
SIDS fights misconceptions in interior design with accreditation, education
The organisation is setting up a digital platform to speed up accreditation from 6 to 2 months.
IHH's proton therapy takes aim at tumours with precision and low risk
Leaving surrounding organs at risk during cancer treatment might become a thing of the past.
SingPost pivots from mail to logistics as e-commerce demand drives growth
It is banking on e-commerce to drive its logistics unit, which accounts for 69% of revenue.
Singapore needs SEA neighbours to power renewable energy transition
Experts favour Malaysia and Indonesia as renewable energy import sources.
Singapore's architecture blueprint spurs push to tackle brain drain in other sectors
Paying the country's architects just right will hopefully stop the brain drain.
Millionaires eye a piece of Singapore's rich colonial era
The country's remaining 6,500 shophouses are in high demand amongst the ultra-rich.
HDB resale portal unlikely to cut out property agents
The portal enables sellers to list their units themselves.
Factory and retail spaces shine as housing heads for worst market slump in 16 years
Its manufacturing and tourism rebound will spur demand for industrial and high-street shops.