Extra Space Asia opened its first self-storage location in Singapore in the year 2007
September 10, 2015
: Extra Space Self Storage of Asia, a privately owned business, plans to open two self storage
facilities in Hong Kong this month, expanding its operation to five Asian countries.
The company officials said in a press release that, the two new locations are in the Sai Wan and Tsuen Wan districts and will lay the foundation for further expansion in the region.
“We are seeing greater consumer demand for self-storage due to urbanization and lifestyle changes. Hong Kong is certainly one of the leading markets demonstrating this trend,” said Kenneth Worsdale, CEO. “As a leading self-storage provider in the region, we’re excited to bring our brand of personalized, premium self-storage service to Hong Kong with facilities in the Hong Kong Industrial Building in Sai Wan and the Bonsun Industrial Building in Tsuen Wan.”
The new self storage facility in Sai Wan will contain 500 units and take up the entire 13th floor of the Hong Kong Industrial Building.
The Tsuen Wen self facility will also offer 500 storage units and operate from the third floor of the Bonsun Industrial Building.
Both properties will have manned reception areas and offer air-conditioning, dehumidifiers and fans to increase customer comfort, the release said. Tenants will access the storage area by using a PIN code, which will also deactivate the individual security system on their units.
Extra Space Asia now manages 26 facilities across Hong Kong, Singapore, Malaysia, South Korea and Taiwan. Its portfolio contains over 1.3 million square feet of storage space.