Based on Inside Self-Storage, the market for storage space in Singapore is experiencing an increase in their demand, slowly becoming the masses’ top choice for their storage needs. Despite the country’s progressive economy and household opulence, people still think getting cheap storage for their extra belongings is still a more economical option than expanding their property. But the rise in demand doesn’t just stem from home owners, but also from non-profit organisations, hobbyists, collectors, and so much more.
In fact, many are turning to self-storages for several reasons; the monthly rates are kept to a minimum, convenience is a priority, and amenities like temperature control are enough to persuade its target market into getting one. And due to the rising demand and marketability of storage units for rent, more business owners are treading the waters of the self-storage market by setting one up and providing more unit options for the locals of the Lion City. As a matter of fact, the number of self-storage facilities in Singapore, which began with just two in the year 2003, has sprung up all the way to 20 in just 10 years.
The reason behind its demand
There is a significant difference in the price of self storage space in Singapore when compared to that of a traditional office space or a full-on warehouse space for rent. Second to that, users of self-storage units also get the added benefit of always having access to their rented unit, with most facilities open 24 hours a day. Third, the atmosphere is also perfect for setting up an office or workspace since noise levels are kept to a minimum, and you don’t have to worry about the intimidating lock-in period since the leases are on a short-term basis.
Most people make the most out of their self-storage units by making it a hybrid between a place for storing goods or other items, and a place where they can work for several hours a week. And with the added convenience and amenities such as air conditioning, most people find their rental units are just as good as an actual office space.
Many ways to use self-storages
If you are not among the working type and see yourself as a hobbyist, some people have found themselves turning their self-storage units into a place where they can store their most valued collections of limited edition toys, wines, music records, camera gear, and so much more.
When you rent out a self storage space in Singapore, the possibilities of what you can do with it are virtually limitless – you can make it as the place where you can house all the belongings that wouldn’t otherwise fit inside of your house, turn it into a garage where you can work on various handicrafts such as painting or carving, or you can store the goods or items that your business is trying to sell.
Conclusion
Regardless of the market you classify yourself in, you can definitely find an economical reason why you would need a self-storage unit.
To assist you in your storage woes, Work+Store steps in as a storage company with an array of self-storages choices to individuals and business owners interested in getting extra storage space. Whether it’s offering flexible service terms or 24/7 security and accessibility, our available facilities and perks strive to give storage users an enjoyable and fruitful storing experience.
If you wish to find out more about Work+Store and our other storage options, feel free to contact us at +65 6578 9966 or WhatsApp us at (65) 8345 9966. Alternatively, you can email us at space@workstore.com.sg for more information!