Making room: Lock+Store leverages Singapore's growing appetite for space

While expanding population numbers, escalating rents, and shrinking apartment sizes may not seem like a desirable situation for most, Helen Ng, CEO of Lock+Store, sees opportunity. Lock+Store is a business that leases small spaces to individuals, households and businesses in a variety of shapes, for...

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Bibliographic Details
Main Author: Singapore Management University
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2012
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Online Access:https://ink.library.smu.edu.sg/pers/18
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1022&context=pers
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Institution: Singapore Management University
Language: English
Description
Summary:While expanding population numbers, escalating rents, and shrinking apartment sizes may not seem like a desirable situation for most, Helen Ng, CEO of Lock+Store, sees opportunity. Lock+Store is a business that leases small spaces to individuals, households and businesses in a variety of shapes, forms and sizes, ranging from 16 to 300 square feet. Sometimes called "self-storage", "mini-storage", "short-storage", "wine-storage" or even "lockers", these micro warehousing businesses emerged in Singapore only ten years ago.