On July 31, 2025, i-Store hosted an online seminar (Webinar) titled “Looking Ahead: The Future of Self Storage in Asia and Thailand”, featuring distinguished speakers and executives from leading Self Storage companies across Asia. The event gathered insights and perspectives on the current business landscape from:
- Ms. Helen Ng – CEO, Lock+Store
- Mr. Kevin Chan – Chairman, Storefriendly
- Mr. Stefano Cassio – VP, Storage Asia PLC.
- Mr. Andrew Work – Executive Director, SSAA
The seminar presented an overview of the Self Storage industry in both the Asia-Pacific region and Thailand, highlighting a strong growth outlook despite economic challenges such as high interest rates, increasing competition, and legal limitations in some countries. Average occupancy across the region remains high at 80%, with Singapore and Hong Kong as key markets. The adoption of technology is becoming increasingly important, including app-based access control systems, AI-driven customer data analysis, and dynamic pricing models.
Thailand was also recognized as a high-potential market, driven by a growing urban population, the prevalence of condominium living, and the expansion of e-commerce. Self Storage is considered an attractive alternative asset class, offering 8–12% returns, stable monthly rental income, and low operating costs.
The event also featured a Q&A Session where speakers exchanged views on key topics such as the most promising countries for Self Storage investment, major business risks, customer acquisition costs (CAC), and perspectives on tenant churn rates and their impact on pricing strategies.
This webinar not only reflected the growing interest in the future of the Self Storage industry in Asia and Thailand but also helped raise awareness among investors, real estate developers, and entrepreneurs about the long-term growth potential of this business.
For those who wish to receive more detailed content from the webinar, please contact us at info@storage-asia.co.th