An ExtraSpaceCares initiative

Celebrating our nation’s 55th birthday this year has definitely been a unique affair as compared to the previous years. Due to the COVID-19 pandemic, many large-scale celebrations and activities were no longer an option. To keep the spirit of National Day alive, Extra Space Asia Self Storage joined the national movement of bringing the celebrations to the various nursing homes and community hospitals.

In partnership with Singapore-based social enterprise ACE Seniors and Ministry of Culture, Community and Youth (MCCY), Extra Space Asia sponsored 650 care packs and specially prepared meals for our friends at Peacehaven Nursing Home and Lion’s Home for the Elders. Each care pack consisted of a variety of snacks and hygiene products. Together with volunteers from other organisations, a handful of Extra Space Asia staff came together to pack and deliver the items to the beneficiaries, ensuring that they were able to enjoy the festive vibes, at the comfort of their homes.

This year’s NDP theme – Together, A Stronger Singapore – also doubles as a rallying call to Singaporeans, to play our part to push forward and determine Singapore’s future. In spite of the difficulties, as a nation, we need to stay united, help one another, and emerge stronger than before.

Through this initiative, Extra Space Asia hopes to spread the festive joy to the beneficiaries in the nursing home and community hospital, as they celebrate Singapore’s 55th birthday.

Peacehaven Nursing Home is a home that offers a comprehensive gamut of services to care for the sick, frail and elderly who have physical or mental disabilities with minimal or no appropriate caregiver support at home.  Lion’s Home for the Elders is a Voluntary Welfare Organisation (VWO) that actively promotes and employs best practices in providing services and programmes for the ageing community.

From the Extra Space Asia Team, we would like to wish all Singaporeans a Happy National Day!

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Image: NDP special care pack and Extra Space Asia’s customised postcard

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Image: Extra Space Asia Team loading the special care packs to be sent to the beneficiaries at Peacehaven Nursing Home and Lion’s Home for the Elders.

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Image: Our fully loaded van with the special care packs, all ready to be distributed to our beneficiaries!

The impact of the changing climates and increasing greenhouse gases have definitely caught the attention of most people. With the rise in global warming, it has become a need for people, government and businesses to find ways to protect our Earth and safeguard it for our future generations.

Based on a National Climate Change Secretariat (NCCS) survey done in 2019, half of those polled including Singaporeans and permanent residents knew what they could do to address the climate changes and are trying their best to make small little changes. These personal steps include incorporating eco-friendly habits at home and in the office like saving water, reducing food wastage, practising the 3Rs and switching off electrical appliances when not in use.

Extra Space Asia has embarked on green initiatives since 2015, by fully outfitting our Kallang Way and Boon Keng storage facilities with solar panels. With these solar panels, we have successfully lowered our overall gas emissions and fossil fuels usage. We are also proud to be the first self-storage company in Singapore to use solar energy as a means to manage our electricity consumption.

The installation of these solar panels at our storage facilities can cover at least 15% of our total electricity consumption, lowering the overall electrical consumption powered by fossil fuels. This green movement has also helped significantly in reducing the amount of heat transferred from the roof to our self-storage units.

In our efforts to further implement more ‘green’ strategies and move towards a business model that prioritises sustainability, Extra Space Asia will be extending these green initiatives to more storage facilities. We hope our effort can be part of Singapore’s push for a more sustainable future.

An ExtraSpaceCares initiative

What a year 2020 has been proving to be. The recent global pandemic, COVID-19, has completely changed the landscape of life, as we have known it to be. Social norms such as shaking of hands and embracing one another is now frowned upon. Lockdowns have been implemented in many countries, causing economies to come to a grinding halt.

The Singapore government has also stated that the impacts of COVID-19 might last for a year or more, affecting individuals and businesses. In unprecedented times such as these, it is even more crucial for us to practice kindness and be compassionate towards one another.

 

Giving Back to Society  |  In collaboration with Latteria Mozzarella Bar and Food from the Heart

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Images credit: Latteria Mozzarella Bar

In April 2020, Extra Space Asia collaborated with Latteria Mozzarella Bar, a local Italian restaurant that offers traditional Italian cuisine, and Food from The Heart, an independent non-profit organisation, to provide 200 heart-warming lunch boxes daily to Sunlove Abode for Intellectually Infirmed for a period of 2 months. To date, we have contributed over 10,750 meals and 2,900 homemade cookies for our friends from Sunlove Abode.

Sunlove Abode is a charity home for the intellectually-disabled – an organisation that is committed to providing care for the less fortunate regardless of race, ethnicity, religion or social status.

Through this two-month long initiative, Extra Space Asia hopes to lend a helping hand to support local businesses and at the same time, to do what little we can for our friends at Sunlove Abode.

#SGUnited, together we can overcome!

 

 

An ExtraSpaceCares initiative

Based on the Department of Statistics Singapore, as at end June 2019, the proportion of residents aged 65 years and above has increased from 8.8% in 2009 to 14.4% in 2019. This has led to the old age support ratio in Singapore (where residents aged 20-24 years per resident aged 65 years and above) to be 4.5% in 2019. With the growing numbers over the years, Extra Space Asia feels that it is imperative for us to find ways within our means to lend a helping hand to our elderly community. In 2019, we partnered with Society for the Aged Sick (SAS) and celebrated Christmas with our elderly friends at Gardens by the Bay Singapore.

SAS is a non-profit nursing home that provides residential and respite services to people in need of daily skilled nursing care and/or assistance in daily living activities, and who cannot be cared for at home, particularly the less privileged.

Through this CSR initiative, we were able to bring our elderly friends out of their home to bask in the Christmas festive spirit within the picturesque nature at Gardens by the Bay’s Poinsettia Wishes floral display, located in the Flower Dome. Since it was their first time to the Poinsettia Wishes floral display, it warms our hearts and brings us great satisfaction knowing that we were able to bring smiles and laughter to everyone during this festive and joyous period.

Here’s how our meaningful day went by with our friends at SAS.

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An ExtraSpaceCares initiative

The year-end festive period is a time of giving and sharing with those around us. In 2018, Extra Space Asia Self-Storage embarked on an effort to support a cause we believe in, to make a difference – to help others who are in need.

The “Reason to Smile” initiative was an effort aimed at giving back to society. In collaboration with The Movement for the Intellectually Disabled of Singapore (MINDS), Extra Space Asia celebrated the festive season with our friends from MINDS.

In addition, through this meaningful collaboration, Extra Space Asia donated a total of $20,000 to MINDS where $50 was from every customer who signed up with us from 3 December 2018 to 31 December 2018. This fund will support MINDS towards their purposeful cause.

MINDS is one of the oldest and largest non-governmental welfare organizations catering to the needs of persons with intellectual disability (PWIDs) in Singapore. They provide a comprehensive range of services to best cater to the education, social, vocational and psychological needs for their clients with intellectual disabilities.

Here’s our first Extraspacecares initiative with our friends at MINDS-Eunos Training and Development Centre. Simple gestures can bring big smiles. Let’s all spend some time giving back and giving everyone more reasons to smile.

 

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Extra Space to be the first self-storage company in Singapore to partially rely on solar energy for its electricity consumption.

Singapore – October 8, 2015 – Extra Space Asia, a leading self-storage provider headquartered in Singapore and with operations in five Asian countries, today announced its partnership with LYS Energy, a Singapore-based Independent Power Producer (IPP), on an initiative to rely on solar energy for a portion of the company’s electricity consumption in two of their seven storage facilities in Singapore. This alliance makes Extra Space the first self-storage company in Singapore to use solar energy for some of its energy needs – via the installation of solar panel systems on the roofs of its Kallang Way and Boon Keng facilities.

“As the discussions around sustainable energy come to the forefront in Singapore, it’s necessary for business leaders to incorporate ‘green’ strategies and move towards business models that prioritise sustainability,” said Kenneth Worsdale, CEO at Extra Space Asia. “We’re pleased to be working with LYS Energy on our solar panel initiatives for two of our facilities, and reduce our carbon footprint. We hope to be a part of Singapore’s push for a more sustainable future.”

The Kallang Way and Boon Keng storage facilities are fully outfitted with solar panels and are expected to be fully operational from this month. Once operational, the solar panel system is expected to deliver an estimated 169MWh of clean energy annually, covering upwards of 10 percent of electricity consumption for the Boon Keng storage facility, and 15 percent of the Kallang Way facility. This is roughly equivalent to the amount of energy required to power 43 homes for one year. Both solar systems will offset 73 tonnes of carbon dioxide emissions, which is equivalent to 9 cars being taken off the road for one year, or planting an additional 3,000 trees.

“We are very pleased to support Extra Space in their efforts to make their business more environmentally friendly.” said Lionel Steinitz, Chief Executive Officer at LYS Energy. “As the first self-storage company in the country to utilise solar energy, Extra Space demonstrates that solar power can reduce pollution as well as operational costs. Our financing options empower businesses like Extra Space to go solar with no upfront capital investment and enjoy utility cost-savings over the long term.”

Speaking on the project, Kavita Gandhi, Executive Director at the Sustainable Energy Association of Singapore said, “We would like to congratulate Extra Space and our member, LYS Energy, on this partnership. Initiatives like this will encourage more companies to embark on solar projects and benefit from new business models.”

The initial project, which commenced in July 2015, is expected to be the first of further solar panel projects for Extra Space Asia. According to the Energy Market Authority (EMA), the use of solar power as an energy source in Singapore now contributes more to Singapore’s fuel mix than in previous years, and is expected to increase over the next five years.
About Extra Space Asia:

Extra Space Asia is Asia’s leading self-storage provider offering self-storage facilities and services to individuals, families, and businesses in densely populated Asian cities facing space constraints. Extra Space Asia operates 26 facilities across Singapore, Malaysia, South Korea, Taiwan, and Hong Kong, encompassing over 1.3 million square feet of space. For more information, visit Extra Space Asia at www.extraspaceasia.com.

About LYS Energy:
LYS Energy is a Singapore-based Solar Independent Power Producer (IPP) that builds, owns and operates Solar PV Systems for Commercial, Industrial and Public sites in the Asia Pacific region.
LYS Energy offers the full range of solar services to install solar PV systems on the unused rooftops and site spaces of our customers, without little or no upfront cost to them. Through a Power Purchase Agreement (PPA), our customers purchase the solar generated electricity at tariffs lower than the prevailing utility tariff. Without expending any resources, our customers can benefit from lower and more predictable utility costs, and enjoy stronger sustainability branding.
LYS Energy has contracted over 5MWp of solar PV projects in Singapore, and a pipeline of distributed capacity of over 75MWp.

Announces entry into Hong Kong with two new facilities and addition of one facility to Singapore portfolio

Singapore – September 16, 2015 – Extra Space Asia, a leading self-storage provider headquartered in Singapore and now with operations in five Asian countries, has announced its entry into the Hong Kong market with two new facilities, located in the Sai Wan and Tsuen Wan districts, and the growth of its Singapore portfolio with the addition of the Extra Space West Coast facility.

“We are seeing greater consumer demand for self-storage due to urbanisation and lifestyle changes. Hong Kong is certainly one of the leading markets demonstrating this trend,” said Kenneth Worsdale, CEO at Extra Space Asia. “As a leading self-storage provider in the region, we’re excited to bring our brand of personalised, premium self-storage service to Hong Kong with facilities in the Hong Kong Industrial Building in Sai Wan, and the Bonsun Industrial Building in Tsuen Wan. We look forward to continued growth throughout the region and entering Hong Kong is part of our growth strategy.”

The Sai Wan and Tsuen Wan facilities are expected to be fully operational this month. The Sai Wan facility, which will take up the entire 13th floor of the Hong Kong Industrial Building, will offer over 500 self-storage units. The Tsuen Wan facility, located on the 3rd floor of the Bonsun Industrial Building, will also offer over 500 self-storage units. Both facilities will have staffed reception offices, and the storage areas will have air-conditioning, dehumidifiers and fans to ensure a comfortable environment while visiting and storing. To gain access to the storage area a customer will use a personalized PIN, and this will also de-activate the individual security system on that customer’s storage unit

However, entry into Hong Kong does not mean that Extra Space Asia is sitting on its laurels in Singapore. Established in Singapore in 2007, the company has quickly grown and, with the addition of the West Coast facility, now has 7 facilities across the island. The West Coast facility, located at Toh Tuck Link, will take up the 4th floor and a portion of the ground floor of 2 Toh Tuck Link, which offers Singapore customers more than 400 self-storage units. The new Singapore facility, positioned as a premium self-storage site, will feature individual unit lighting, dehumidifiers, premium finishes to the doors and floors, and giant High-Velocity, Low Speed (HVLS) fans to create a truly unique experience for self-storage customers visiting and using the facility.

“With ample options for self-storage in east and central Singapore, we are pleased to provide self-storage near our existing facility at IMM to address demand for self-storage in the west of Singapore. As our headquarters and core market, it is critical to ensure that we grow locally as well as abroad,” added Kenneth.

According to a survey done by real estate firm CBRE, Hong Kong will have a demand of 3.9 million square feet of rentable self-storage space to fulfill projected needs over the next ten years, while Singapore will have a demand of 2.4 million square feet. Kenneth said, “The demand will continue to grow in the region and our challenge is to increase awareness on the benefits of using self-storage. Such growth potential bodes well for Extra Space Asia and we are committed to grow the industry across Asia.” The same study by CBRE showed that the current market in Asia is 20 years behind the USA.

Extra Space Asia operates 26 facilities across Singapore, Malaysia, South Korea, Taiwan, and Hong Kong, encompassing over 1.3 million square feet of space. Established in Singapore in 2007, the company has grown rapidly, with entrance into South Korea in 2010, Malaysia in 2012, Taiwan in 2014 and now Hong Kong in 2015.

About Extra Space Asia:

Extra Space Asia is Asia’s leading self-storage provider offering self-storage facilities and services to individuals, families, and businesses in densely populated Asian cities facing space constraints. Extra Space Asia operates 26 facilities across Singapore, Malaysia, South Korea, Taiwan, and Hong Kong, encompassing over 1.3 million square feet of space. For more information, visit Extra Space Asia at www.extraspaceasia.com.

Expansion to support Extra Space Asia’s growth in the region, and bring customer-centric self-storage services to Hong Kong

Singapore – September 7, 2015 – Extra Space Asia, a leading self-storage provider headquartered in Singapore and now with operations in five Asian countries, has announced the opening of its first two self-storage facilities in Hong Kong. The two new facilities, located in the Sai Wan and Tsuen Wan districts, mark the company’s entry into Hong Kong and will lay the foundation for further expansion in this market.

“We are seeing greater consumer demand for self-storage due to urbanisation and lifestyle changes. Hong Kong is certainly one of the leading markets demonstrating this trend,” said Kenneth Worsdale, CEO at Extra Space Asia. “As a leading self-storage provider in the region, we’re excited to bring our brand of personalised, premium self-storage service to Hong Kong with facilities in the Hong Kong Industrial Building in Sai Wan, and the Bonsun Industrial Building in Tsuen Wan. We look forward to continued growth throughout the region and entering Hong Kong is part of our growth strategy.”

The Sai Wan and Tsuen Wan facilities are expected to be fully operational this month. The Sai Wan facility, which will take up the entire 13th floor of the Hong Kong Industrial Building, will offer over 500 self-storage units. The Tsuen Wan facility, located on the 3rd floor of the Bonsun Industrial Building, will also offer over 500 self-storage units. Both facilities will have staffed reception offices, and the storage areas will have air-conditioning, dehumidifiers and fans to ensure a comfortable environment while visiting and storing. To gain access to the storage area a customer will use a personalized PIN, and this will also de-activate the individual security system on that customer’s storage unit

“We understand that it is an extremely competitive market in Hong Kong and we are excited to bring new standards to self-storage. We believe we will be the first self-storage operator in Hong Kong providing individual storage unit security on each of our storage units,” added Kenneth.

According to a survey done by real estate firm CBRE, Hong Kong will have a demand of 3.9 million square feet of rentable self-storage space to fulfill projected needs over the next ten years. Kenneth said, “The demand will continue to grow in Hong Kong and the region and our challenge is to increase awareness on the benefits of using self-storage. Such growth potential bodes well for Extra Space Asia and we are committed to grow the industry across Asia.” The same study by CBRE showed that the current market in Asia is 20 years behind the USA.

Extra Space Asia operates 26 facilities across Singapore, Malaysia, South Korea, Taiwan, and Hong Kong, encompassing over 1.3 million square feet of space. Established in Singapore in 2007, the company has grown rapidly, with entrance into South Korea in 2010, Malaysia in 2012, Taiwan in 2014 and now Hong Kong in 2015.

About Extra Space Asia:
Extra Space Asia is Asia’s leading self-storage provider offering self-storage facilities and services to individuals, families, and businesses in densely populated Asian cities facing space constraints. Extra Space Asia operates 26 facilities across Singapore, Malaysia, South Korea, Taiwan, and Hong Kong, encompassing over 1.3 million square feet of space. For more information, visit Extra Space Asia at www.extraspaceasia.com.

Survey reveals majority of people living in Singapore are not space savvy

SINGAPORE, 27 November, 2014 – Leading Asian self-storage company Extra Space has revealed that while more than half of homeowners in Singapore (56{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf}) describe their living space as cramped, 69{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf} actually store items at home that are of limited or no use, such as broken or out dated electrical items*. Furthermore, two thirds (68{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf}) of those questioned admitted to spending up to a day regularly looking for misplaced items.

The survey of over 1,000 people was designed to better understand the space constraints felt by the average household and demystify how space is being used by people living in Singapore.
“In a market where residential unit sizes are shrinking and the cost of property is rising, a staggering 74{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf} of people surveyed admitted to having a ‘junk room’ which stores items that haven’t been used for months or even years. Our findings suggest that people living in Singapore could potentially be harbouring up to the equivalent of a spare room in their homes without knowing it”, commented Kenneth Worsdale, CEO at Extra Space Self Storage Asia.

“The accumulation of belongings for the average family comes at a higher cost than most people think and our ambition is to encourage every family in Singapore to live in a more positive, less cluttered environment. We want to motivate people to declutter their homes and to provide an alternative second home in an outside storage facility for their much loved belongings,” added Mr Worsdale.

A Nostalgic Nation
Old photos, gifts, memorabilia and keepsakes are the most popular items stored at home (63{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf}), while over three quarters of adults (79{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf}) aged 40+ admitted to still holding onto old school assignments. According to the survey, men aged 55 to 65 find it the hardest to let go of their belongings including sporting equipment, photos and broken or old electronics such as TV’s, computers and speaker systems.

Over a third (38{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf}) of people admitted to storing items they haven’t used for over three years. 64{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf} of respondents admitted that they have never attempted to de-clutter their home due to reasons such as having an emotional connection with their items or not knowing where to store them after.

 

Family Matters
85{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf} of people living in Singapore have confessed that they know clutter at home affects immediate family members. Perhaps surprisingly, men are just as sentimental when it comes to their belongings as their female counterparts – 59{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf} and 66{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf} respectively.

When it comes to the question of who in the home is most affected, there is a clear divide. The older generation (55-65) believe it’s the children in the household (70{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf}) who are most affected, whereas respondents aged 35-44, believe that other than themselves, it is their spouse that suffers most.

Clear Home = Clear Head
88{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf} of respondents admitted to being bothered by clutter at home, with 45{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf} of them even feeling stressed over it. However, just 40{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf} said that they are actually prepared to do anything about it. As such, they regularly end up spending an average of up to a day looking for ‘lost’ items.

The top three locations for storage at home besides the ‘junk / store room’ are – Bedroom (39{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf}), Kitchen (22{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf}) and Balcony (14{71314a90b216998fb1eeb50d1148e2a97c51e40cbc82003812401b2a8842c8bf}).

Top Five Tips to achieve storage harmony and de-clutter your life:
1. Dust test – if it’s dusty, chances are you aren’t really using your belongings as frequently as you think!
2. Know it or throw it – if you can’t name the majority of items stored, chances are you are wasting space.
3. Track it – stick a post-it note on the items you use less frequently in your home and mark each use over three months. Consider self-storage for the items you want to keep but clearly seldom use.
4. #OneADayGiveaway – every day give something away that you no longer use.
5. Picture that – after you’ve cleared a space, capture the moment by taking a photograph to keep yourself motivated to maintain a less cluttered home!

Notes to Editors:
The Extra Space survey was commissioned in October 2014 and polled 1,000 respondents representative of the Singapore population aged 25-65 years old.
* and clothing that is no longer worn as it’s out of fashion or too small