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Infographic - Self-storage Industry in Singapore

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The self-storage industry in Singapore has developed quickly in recent years driven by a number of favourable political and economic factors. These include the downsizing of housing, a growing affluent middle class and the popularity of online retailing, leading both consumers and businesses to turn to self-storage to fulfill their needs.

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Infographic - Self-storage Industry in Singapore

  1. 1. THE SELF STORAGE ASSOCIATION ASIA ANNUAL SURVEY SINGAPORE TOTAL GROSS FLOOR AREA (50 FT) PENETRATION RATE SINGAPORE JAPAN HONG KONG 2,000,000 4,570,000 4,250,000 I : 100.000 Square Fom AVERAGE occuI>ANcv RATE AVERAGE RENTAL RATE (so FT) ii‘ iii‘. . 1.. 1., 1 5 "/0 gin‘ s. . : 1.” Sl"IGlU'OH§ JAPAN HUNG Auwc. sine/ worir: JAI’/ N HOMG KONG CONSUMER OPERATOR WHAT WAS YOUR " WAYS To FIND A CUSTOMER MIX? 60 SELF-STORAGE FACILITY 50 A0 25% BUSINESSES in} 7 5 OF OCCUPIED STORAGE FACILITIES 0 EELONGED T0 DIRECT CONSUMERS. :0 Mam eoooe 3% M. 56 INIERNEV xuown mciurv mom: ASK A FRltlJ vm uiv LOCAL sociALviEoiA OVHERI NEARBY DIRECTORY on FAMILY PAPER pow KNOW uninrn GENERAL STORAGE MIX BY SIZE AVERAGE FIT-OUT COST AWARENESS COST PERCEPTION 35% 23% Medium (31. 5"" 50 mm (<30 aqm I 7179/ 21 % oi users are aware of I or more Customers for . - selisiorage bedroom nai SGD15-Z0 businesses equivalent oer Extr: - I month Largo ‘ I 5‘! " (9r- sq m 1 Large (51- : 90 sq in I Double-Stacked son as or Slorago Units more i sq II VALUED ADDED SERVICES IMPORTANCE OF ATTRIBUTES Q ~2 0 .3 33/. I ON-SITE outv MANAGERS DURING OFFICE HOURS 10 ASSIST CUSTOMERS I FREE USE OF TROLLEYS I PACKING SUPPLIES FOR PURCHASE I INSURANCE COVERAGE I WIDE RANGE AND INNOVATIVE FAVMENT MODES °’ "*9 “W5 '°“"" 4 76% LOCATION or FACIUTY SEC U RI I Y *1 '5 ‘he r“05l I IIIOVING SERVICES FOR HIRE Important altnbule ‘I 1 0 RECOMMENDEDPARTNERS I 07"“ SERWCES I SMALL ANCILLARV OFFICES FOR RENT I AVAILABILITV OF INDEPENDENT I-IAILEOXES FOR USERS / » . // /// /x A FORKLIFTS FOR RENT / /// /// / l B . C I . This study was conducted by lpsos Business Consulting Hong Kong. For more information or full study whirepaper. Contact l’lOl'lgI(OrIg. l)(@lp3OS. CO'T‘ Build - tompete - Grow Japan IS for indoor sci, ’-sromge any For u: -‘wee mun. -r. -es — nenerrauun ram 15 beset: on a r9preseIiI‘at. 've survey 0/ is-45,rem aids who are rurrenriy using or nave usea indoor 52.7-storage in me pas. ‘/evil, sc actual Dene! /atlori vim I5 exaertea : c be Sflghlly lower

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