Searching for the best warehouse for lease in Southeast Asia can become the key to success for companies interested in expanding their logistics services. Southeast Asia is an emerging market with large potential because of its geographical advantage, improving economies and steadily rising need for distribution centers. This article aims to discuss some advantages of leasing a warehouse in this region, showcase some of the best warehouses that are available for lease, and also discuss some of the considerations that an organization needs before leasing a warehouse.
Benefits of Leasing a Warehouse in Southeast Asia
When leasing a Warehouse in Southeast Asia, there are several benefits in cost, location, and facilities that businesses may receive:
- Cost Advantages: To avail of a warehouse space for rent, Southeast Asia is cheaper compared to other places. Unlike some other areas, the price of the warehouse for lease in this area is considerably low would increase the operational efficiency of the business.
- Strategic Location: Southeast Asia benefits from geographical location specifically for regional distribution. The strategic location of the site, located within the vicinity of the Express Highways and near some of the global markets, including China, India, and Australia, makes it possible for companies leasing the warehouse to have easy access to global markets, thereby cutting on transportation costs.
- Access to Modern Facilities: Currently, the region comprises vibrant and sophisticated kinds of new warehouse accommodation, such as cold storage, automated warehouses, and bonded warehouses. This is because a warehouse for lease in Southeast Asia needed by different businesses may not be the same.
- Growing Consumer Markets: Southeast Asia is among the forceful economies that are growing fast globally. The pressures experienced by consumers in emerging markets such as Vietnam, Thailand, and Indonesia, make the market a perfect breeding ground for most ventures.
- Favorable Investment Climate: There is the availability of liberal investment policies, tax inducements, and infrastructure enhancement programs in many Southeast Asian countries, which creates the correct environment for firms to invest, and establish their warehouses.
Top 5 Warehouses for Lease in Southeast Asia
When considering a warehouse for lease in Southeast Asia, businesses need to select facilities that would provide a strategic fit and satisfy their requirements. Here are the top 5 warehouses in the region that stand out for their location, infrastructure, and amenities:
1. Savills Industrial
Savills Industrial is a well-known company engaged in the distribution of warehouses for lease in Southeast Asia. Such acquisitions’ nature is to ensure company locations are key markets, making it easy for businesses to access prime logistics points. Savills Industrial offers high-quality services and has been dedicated to providing tenant’s service according to their operation needs. The features of their warehouses include updated security systems for ensuring property protection, loading, and unloading zones to facilitate work, and rentable spaces that can be leased according to clients’ industrial types.
2. Mapletree Logistics Hub Toh Guan, Singapore
One of the most developed facilities that offers highly competent logistics services is the Mapletree Logistics Hub Toh Guan in Singapore. Located in one of the most important logistics and financial cities in Asia, this hub provides direct connection to transport links such as Changi International Airport and the Port of Singapore. These stations include Automatic storage and Retrieval, controlled climates, and high security within the facility. Companies that lease at Mapletree Logistics Hub will be accorded the strengths of Singapore’s infrastructure base, friendly business environment, and strategic location. That makes the country friendly to those firms who want to enhance the efficiency of the supply chain.
3. Central Boulevard, Malaysia
Central Boulevard Logistics is one of the finest logistics facilities situated in Malaysia, with accessibility to various highways and particular ports like Port Klang. This facility can cater to most warehousing requirements, including general warehousing, cold storage, and warehousing of hazardous items. This location is famous for the actualization of new architectural designs and a modern structural layout, which comprises effective fire precautionary measures, the use of energy, saving sources of lighting, and accessibility to large and easy-to-access loading zones. Renting a warehouse at Central Boulevard gives firms a competitive edge in reaching out to Malaysia and its expanding populace.
4. Bangkok Free Trade Zone, Thailand
The Bangkok Free Trade Zone (BFTZ) is a logistics significant location in Thailand, providing plenty of benefits for companies that are looking for a warehouse for lease in Southeast Asia. Some advantages of BFTZ are tax exemptions, duty-free zone privileges, and ease of customs formalities, especially for those firms dealing in import and export businesses. Halal food storage and the distribution network have large capacities for storage, integrated lists, security, and automation. Relative to its current location, the firm occupies a prime area connected well to the principal transport network in Bangkok. Therefore, the product can easily be transported to different parts of Thailand and nearby nations. Firms leasing at BFTZ can enjoy the advantages of Thailand’s active economy and its location within the ASEAN region.
5. Cavite Economic Zone, Philippines
The Cavite Economic Zone (CEZ) in the Philippines, to which Rehoboth belongs, is located in an industrial belt core to Manila with easy access to key sea ports such as the Batangas port. The warehouses that CEZ provides have efficient features such as high clear heights of the buildings, expansive floor areas, and flexibility of layout inherent in modern warehouse design and construction. The zone offers various incentives, including tax credits, exemptions, and simplified export-import procedures. CEZ offers lease warehouses that many companies could use to reach out to the Philippines’ continuously growing market, which has an incredibly fast rate of growth in the consumer market for distribution and logistics activities.
Conclusion
Companies will obtain several benefits from leasing a warehouse, including lower costs, effective locations, new modern equipment, and growing consumer markets. Some of the business factors also include location, size, infrastructure, lease term, and future expansion plan. This can enable business organizations to make a decision that aligns with their operational needs and growth plans.
For businesses that are seeking a solid and full-service option, Savills Industrial appears to be one of the best options. Savills Industrial has numerous warehouses all over Southeast Asia and gives clients suitable and specific services depending on their needs. Their actions therefore guarantee that you will receive the best quality and service of the warehouse for lease in Southeast Asia. Contact Savills Industrial to get more information and identify the perfect warehouse for your business growth.