Oliver Leung from RedBox Storage foresees a 30 per cent rise in storage rents. Photo: Xiaomei Chen
Customers set to bear cost of upgrading Hong Kong mini-storage facilities in wake of deadly fire
Industry participants warn that rents could double once fire-safety measures are put in place under a new regulatory system
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Ngau Tau Kok fire
Oliver Leung from RedBox Storage foresees a 30 per cent rise in storage rents. Photo: Xiaomei Chen