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The Joys And Sorrows Of Hong Kong’s Mini Warehouse

Byadroo

Aug 11, 2022

In Hong Kong, where land is expensive, mini storage is not a new thing. People in Hong Kong can’t afford big houses and are increasingly choosing to live in tiny houses, often described as “shoe boxes”. Businessmen found business opportunities in the tiny house, and a group of mini storage service companies came into being.

At present, the average storage space of Hong Kong mini warehouses is 10 to 20 square feet (about 1 to 2 square meters). The stored items are mainly daily necessities, and the service objects are mainly individuals and families, such as luggage, clothing, furniture, and even wine.

Because of the small space, the price of hung hom storage is relatively low. Taking the more expensive Hong Kong Island area as an example, the monthly rent for a small mini warehouse is 8 sq.

In a traditional industrial building, there is a mini warehouse company. The large and empty warehouses were divided into small warehouses, and the warehouses had security locks. Mini warehouses are usually fitted with an automatic identification system, allowing 24-hour access, coupled with CCTV monitoring to enhance customer confidence. In addition to safety, convenience and accessibility are also important conditions. Therefore, the location of mini warehouses is generally based on convenience for citizens, and they are selected in industrial buildings near the city center or residential areas.

In addition to logistics online shopping, in order to meet customers’ higher requirements for life services, mid-to-high-end mini-warehouses are also emerging. The so-called mid-to-high-end mini storage is aimed at the middle class in Hong Kong. The services include corporate document storage, office equipment storage, commercial logistics, etc. It can be transported free of charge, and can be accessed at your door. Guests can handle storage business without going out.

According to the latest report, there are 820,000 households in Hong Kong without storage room. If half of them need 30 square feet of hung hom storage space, the potential demand for mini storage will reach 12.3 million square feet, which is four times the current total market supply. above. The industry has huge potential.

The Hong Kong mini-storage model has also entered the mainland and overseas. Beijing’s first WeChat-driven mini warehouse was founded by Hong Kong youth Cao Zhaopu. It is understood that the mini warehouse pioneered the technology of opening and closing the warehouse door with a mobile phone, and can use the WeChat public account to complete the process of self-service access.

While mini storage is developing rapidly, potential security risks may be overlooked. A fire broke out in a mini warehouse in Ngau Tau Kok Industrial Building in Kowloon, Hong Kong, causing many firefighters to be killed or injured, causing concern from all parties. Due to customer privacy considerations, mini warehouses usually do not carefully check the items stored by customers, and there are hidden safety concerns, which greatly increases the difficulty of fire fighting. Therefore, the supervision of the mini storage industry is gradually being put on the agenda.