Singapore’s self-storage sector faces space crunch amid continued rise in demand

Entertainment și cultură

While recent moves to boost land supply have offered some relief, industry players say rising costs are throwing a wrench in their expansion plans. SINGAPORE: Singapore’s self-storage industry is feeling boxed in, with operators pushed to almost full capacity as demand for space from e-commerce businesses and individuals continues to surge. While recent moves have helped increase the supply of available land, industry players said that rising costs are becoming a major stumbling block to their