Firms turn to lower-cost storage alternatives as office, shop, rentals rise
CNA reports that there is an increasing number of businesses turning to low-cost storage alternatives as office and shop rentals rise. This trend is evident in a 20% surge in enquiries for Work + Store storage facilities over the past few years, according to Mr. Danny Wong, CEO of Work+Store.
Singapore’s Co-living Spaces in High Demand; Rental Prices Heating up
“I think we are able to control the pricing so definitely there will be high demand for people to come in and try the co-living experience,” said Ms Chong Ching Yeng, Coliwoo’s chief commercial officer. “With the affordable pricing rate compared to the open markets, there will really be a high demand for (our space),” she added.