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Storage Space Price Singapore 2022

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Are you leaving Singapore for a period of time, planning some home renovations, or are you a business owner that needs more room to keep stock and/or goods?

We believe that renting a storage unit as soon as possible to keep your belongings stored in a suitable area is the best alternative and solution to your problem.

This post is worth your time if you’re keen to know more about Singapore’s rent pricing for storage space.

If you’re truly determined to rent a space here in Singapore, we’ve got you covered from the cost of doing so up to storage companies that we’d suggest.

Without further ado, let u get started!

How much does it cost to rent a space in Singapore?

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Image credit: @sg.spaceship

Cost of Renting a Space in Singapore – Storage Space Price Singapore

Storage space rental rates in Singapore typically vary from $3.50 per square foot to $5.00 per square foot per month for spaces under 200 square feet, and from $2.80 per square foot to $4.00 per square foot per month for spaces between 200 and 400 square feet.

Recommended: Where to Find Movers in Singapore?

How much do self storage units cost?

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Image credit: @sg.spaceship

How much does it cost to rent a self storage unit? – Storage Space Price Singapore

Storage unit rental fees in Singapore range from $50 to $500 per week.

Also, the cost of renting storage space in Singapore is determined by a variety of factors.

You must consider the location of the storage facilities, the objects to be stored, the term of the lease, and, of course, the size of the unit.

Consider the following factors when calculating the price of a storage unit:


Learn too: Where to Buy Moving Boxes in Singapore?

Size of the unit

It is common knowledge that the larger the unit, the higher the rental rates.

You must still consider the goods that are meant to be stored within.

Before selecting a storage space, make an inventory of your belongings.

After you’ve finished your inventory, look into various storage containers and see if your items will fit.


Inclusive

Always specify what is included in the charge when requesting a quote.

Some storage facilities may charge a fee for administrative services.

Others supply bundles for all sorts of boxes and, as an added bonus, include items such as a complimentary padlock, packing tape, and other storage necessities.

If you’re lucky, you could also stumble across those that provide extra services like pickup and delivery.


Type of storage unit

Storage units are classified into two types: basic and temperature-controlled.

The most basic are empty areas with no air conditioning, whilst more costly units employ HVAC systems to keep high humidity at bay.

Although they are more expensive than the basic unit, they are still worthwhile since they help maintain the quality of your furniture, electronics, and other goods.


Payment plan

Knowing how much rent you should pay is as crucial as knowing when you should pay it.

Some storage facilities may demand you to pay the first month’s rent in advance.

Only then can you plan your payment for the following month, whether weekly or monthly.

To minimize future delays or annoyance, always seek for the most convenient way to make your payments.


Rental period

The period of renting a storage space is also a significant consideration when determining the cost of a unit.

If you are unsure how long you will need the storage unit, you might choose a flexible payment plan.

You save more money than with a full-service option since you get to select the facilities and services you want to continue using or not each month.

Which storage is cheapest in Singapore?

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Image credit: @sg.spaceship

Cheap Storage Company in Singapore – Storage Space Price Singapore

Spaceship Storage ranked as the best and cheapest storage company in Singapore, with a rental rate of around $1,355.60 for a period of six months.

On the other hand, Spaceship is a 6-year-old storage business with more than 5 storage facilities in Singapore.

The services of Spaceship are used by over 10,000 people and businesses in the city.

Thus, according to Google reviews, Spaceship is also Singapore’s top-rated storage provider.

To know more about Spaceship Storage, here is a quick breakdown of their rental pricing:

Spaceship Storage price breakdownPrice (SGD)
Storage space – 6 months$1,155.60
Storage insurance – 6 months$0.00
Security deposit (refundable)$200.00
Admin fee$0.00
Total amount payable$1,280.00
Effective monthly cost PSF$3.21
Spaceship Storage Space Price

How much does a lock store cost?

In Singapore, Lock + Store is a one-stop self storage center that offers both short- and long-term storage options, as well as office space.

It usually relies on the size of the warehouse space in terms of price.

However, their prices begin at just S$1.50 per square foot.

Here is a brief price breakdown so you can learn more about how much it will cost to rent a storage unit from Lock + Store:

Lock + Store price breakdownPrice (SGD)
Storage space – 6 months$1,766.50
Storage insurance – 6 months$19.26
Security deposit (refundable)$560.00
Admin fee$50.00
Total amount payable$2,394.76
Effective monthly cost PSF$4.70
Lock + Store Storage Space Price

Should I get a storage unit?

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Image credit: @storefriendlyselfstorage

Do you need a storage unit? – Storage Space Price Singapore

If you are seriously running out of space, renting a storage unit is a must.

As a matter of fact, self storage can be a short-term or long-term option for your storage needs.

It offers adaptable solutions for every space problem you may have, such as establishing a cost-effective closet, a room to launch an ecommerce business, a location to safeguard your furniture during renovations, and so on.

Read too: Singapore Electricity Price

Is it worth it to pay for storage?

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Image credit: @extraspaceph

Is it worth paying for storage? – Storage Space Price Singapore

Given such factors and your current situation, paying for a storage unit in Singapore might be worthwhile if, once again, you are running out of space and your belongings require a temporary huge area to be stored inside.

Thus, because it is designed for this purpose, it may also be used to store vintage items.

However, if you don’t truly need much additional space for your belongings, renting a storage space may not be as cost-effective as you may assume.

Best Storage Spaces for Self-Storage in Singapore

Aside from Lock + Store and Spaceship Store, we will suggest more top 3 companies out of the more than 60 storage facilities and businesses in Singapore that you can think about renting from.

Rest assured that all of these businesses are reputable, well-known among Singaporeans, and, of course, liable companies.

1. Extra Space

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Image source: Extra Space Asia

Extra Space Asia – Storage Space Price Singapore

In Singapore, Extra Space offers 10 locations offering both entry-level and top-notch self-storage services.

You may get in touch with them by giving them a call, and their staff will take care of everything else, including packing, shipping, and storing your belongings.

Extra Space can be the best choice for you if you also value client feedback and testimonials when choosing a service provider.

Address: 301 Boon Keng Road Singapore 339779

Contact: +65 6771 3100

Website

2. Mandarin Self Storage

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Image source: Mandarin Self Storage

Mandarin Self Storage – Storage Space Price Singapore

One of Singapore’s most dependable self-storage companies is Mandarin.

They can meet all of your storage needs thanks to their more than 30 years of experience.

They specifically provide a free co-working area with cutting-edge amenities for the enterprises.

Whether you are a single client seeking for extra storage space or an employer trying to acquire some storage space.

Address: 10 Chia Ping Road, Singapore 619978

Contact: +65 6288 8677

Website

3. BoxPark Pte Ltd

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Image source: BoxPark

BoxPark – Storage Space Price Singapore

One of Singapore’s top companies offering storage space is BoxPark.

Along with self-storage apartments, the business also provides mailbox services, co-working spaces, and work storage areas.

For its superior security system, simple transactions, and helpful customer support, BoxPark comes highly recommended.

Address: 506 Chai Chee Lane, #01-02, Singapore 469026

Contact: +65 6242 9191

Website

Storage Space Price Singapore

If you’re looking for storage in Singapore, you must decide if the leasing fees fit inside your spending limit.

You may be moving into a new house or you may be a business owner that needs additional storage space for excess inventory.

Whatever the reason, it’s a given that you must take the price of electricity, water, and other utilities into account when renting a storage unit.

Read more: 

Affordable Folding Bicycles in Singapore that is Lightweight

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