5 Jan 2012

Need for self storage in Singapore on the rise

The need for more self storage units continues to grow around the globe as population increases and more people are forced to condense into smaller homes, AsianOneBusiness.com reports. In Singapore alone, both small business owners and residents are looking to use portable storage containers as a means to house what they can not contain in their own personal spaces.

Entrepreneur Nurhana Jamaludin owns an online business called Mad About Vintage. She used to store her classic pieces in warehouses, though the safety of her items were never guaranteed at such venues. Now, she keeps her valuables in portable storage containers and even uses the spaces as a showroom for interested buyers in the area.

"It is simply more convenient," Nurhana told the publication. "It is less expensive and I am not locked into a contract as I would be with retail space."

Aside from business owners, many people around the world, including those living in Toronto, have fabulous homes, but limited space. Many have started to store their priceless furniture and trinkets in storage facilities where they are protected from the elements and intruders.

"We see a growing demand for self-storage in Singapore with a population that is increasingly sophisticated and well-paid, living in homes that are limited in space," Michael Hagbeck, a leader within the industry in the country, told the news outlet.

Experts in the field believe that the need for safe storage options will continue to grow exponentially in the years to come.

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