A Storage for NUS Students - Updated

There are a lot of foreign students in NUS, me included. This is not about the exchange students, but rather NUS students from different nationalities. And many of them stays in the hostels or halls in NUS. In PGPR, the  residents need to clear up their rooms every 6 months or top 1 year if they apply for vacation stay. They need to store their belongings somewhere, since it is impossible to just bring back home everything only to bring them back to Singapore after the holiday. Although there are storage area and other solutions, this could be a business.

The business is providing storage area. The fee should be competitive with all solutions of storage, internal and external of the PGPR. What makes it convenient is pickup and delivery service of the stored. Compared to bringing items to other hall, this should be more convenient. While other solutions may be much more convenient, this would be a good option when there is an emergency situation.

To cut cost, pickup and delivery could be done just at a given schedule, once a day or once every two days. Online system probably can be set up for orders of delivery. For efficiency, storing is standardized to a given cardboard box. If it is other than that box, extra fee is charged.

For the matter, this business model can work to more than just NUS, because of the overwhelming number of foreigners as students in Singapore who are staying in hostels which often needs to clear out things when those things are still much needed for the next year's study.

Indeed, demand may be weak if hostels are providing storage. But from my experience, some students have so many things that the provided storage is not enough. Also, demand can be increased by extending the service to the hostels directly such that the hostels can just not have any storage, although this may make a monopoly to the storage providers thus disadvantaging the students ultimately.

*Update:
There is already a working solution (though without the pickup and delivery service) for any storage! http://www.extraspace.com.sg/ (the website also indicates they are present in Malaysia and Korea) :)