It’s the time of the year again. Shopping malls are all decked out in red and the music being played is all too familiar, on an endless loop no less, “Gong Xi Gong Xi Gong Xi Ni Ya!”. This can only mean that the Chinese New Year is here!

New year, new beginnings. Exciting times ahead indeed. According to the Chinese zodiac, the year 2020 is the Year of the Metal Rat, and it marks the start of the zodiac’s 12-year cycle.

What does the year ahead hold for us? We’ve consulted our in-house fortune teller (who moonlights as our Head of Operations – wait, or was it the other way around?), and here’s a sneak peek of what to expect in the coming months!


This is the year to be decisive and act! Carpe diem! It’s a good year for professional opportunities, be it climbing the corporate ladder or landing that dream job you’ve been eyeing for a while. Of course, it’s not going to be as smooth-sailing as speed bumps and obstacles are bound to crop up. However, take these obstacles not as a hindrance but a challenge and opportunity to bring out the best in you. Be confident and determined in following your goals, and we have no doubt that you’ll definitely achieve them. We’re rooting for you! (so are those who are expecting bigger red packets from you)


To those who have yet to find their other half, Chinese New Year gatherings and reunions are indeed a dreaded time. Brace yourself for countless interrogations and well-intentioned matchmaking services from your relatives. It’s a good time for love connections, as it is predicted to be a peaceful year for love. Relationships with your loved ones, your significant other or friends and family will be harmonious and also breed goodwill. As in all relationships, communication is key. So, be honest and truthful with one another, and thy love shall blossom.

Lifestyle & Health

2020 calls for a radical lifestyle change – it could be as drastic as a move abroad or simply changing your daily routine. Being too stagnant in life is not a good thing, so make that change happen this year! It could be something as small as deciding to take the public commute to work instead of driving, to giving up a bad habit (such as smoking), or even something as major as moving homes! Just saying: should you choose to move houses and need a temporary storage solution, do reach out to us at Extra Space Asia and know that you’ll be in good hands.

In terms of well-being, good health is expected all-year. Sports, in particular, has been highlighted as a good way to maintain good health for the Year of the Rat. Incorporating sports into your life will not only improve your quality of life, it has also been proven to enhance your quality of sleep and boost higher productivity. Keeping active, that’s a win-win-win all year!

Looks like it’s shaping up to be an exciting year ahead! Changes are bound to happen but take them in your stride, and 2020 will be your best year yet! To those who celebrate, “Gong Xi Fa Cai” from us all at Extra Space Asia! May the year ahead be filled with success, happiness and prosperity!

Singapore, 17 September 2018 – Extra Space Asia has entered into a strategic venture with Keiyo Logistics to significantly expand the footprint of self-storage facilities in Japan. Extra Space Asia has committed to invest in self-storage facilities throughout Japan, and to work closely with Keiyo Logistics to become a dominant operator in Japan. Keiyo Logistics currently operates in excess of 75 facilities with over 6500 customers in Japan, primarily concentrated in Tokyo, under the brand “Private Box”. Facilities owned by Extra Space Asia will be managed by Keiyo Logistics under the brand “Private Box by Extra Space”. A leading pioneer of self-storage solutions in the Asia region, Extra Space Asia operates 33 facilities with over 12,000 customers across 5 countries (Singapore, Malaysia, Taiwan, Hong Kong and Korea) and is the largest self storage operator in the Asia region. The strategic venture between two of Asia’s leading self storage operators will allow them to grow market share in a rapidly expanding industry.


Picture Above-
Private Box Totsuka-Cho storage facility, owned by Extra Space Asia, located at Yokohama.

Although Japan’s self-storage revenues are amongst the top 5 in the world, the market saturation is still very low, primarily due to a lack of awareness and knowledge about the self storage industry and options for storage. As this awareness grows, and together with the growing affluence of the population, changing lifestyles and business practices, the self storage industry is expected to significantly expand over the next few years.

Extra Space Asia will be the first non-Japanese owned self storage company to operate in the Japanese market.

“We are excited to take this leap into Japan’s thriving self storage industry – an industry that is expected to expand at a faster rate in Japan than any other country in Asia. We look forward to working closely with our partner to bring a greater number of locations to the industry and provide easier access for our customers,” said Mr. Kenneth Worsdale, Chief Executive Officer of Extra Space Asia. “We will work closely with our partner to offer more storage options and options of superior quality”.

“The opportunity to work with Extra Space Asia, and further grow the industry in Japan, is very good news for the Private Box brand,” said Takahide Watanabe, Chief Operating Officer of Keiyo Logistics. “Our combined strengths will allow us to expand rapidly and become a leader of the industry in Japan”.


Picture Above-
Left: Mr Kenneth C. Worsdale, Chief Executive officer of Extra Space Asia. Right: Mr Takahide Watanabe, Chief Operating Officer of Keiyo Logistics. 

About Extra Space Asia

Extra Space Asia is Asia’s leading self-storage provider in the region, offering self-storage facilities and services to individuals, families, and businesses in densely populated cities with space constraints. Led by Chief Executive Officer Mr. Kenneth Worsdale, Extra Space Asia is a privately owned business, headquartered in Singapore and operating all over Asia.

For more information, visit Extra Space Asia at