As global supply chains continue to evolve, industrial warehouse rentals in Southeast Asia have become a strategic choice for businesses looking to optimize costs and improve operational efficiency. With advantageous geographic locations, modern logistics infrastructure, and attractive investment policies, countries such as Vietnam, Thailand, Singapore, and Malaysia are gaining increasing attention. In this article, KTG Industrial presents the Top 5 leading warehouses for rent, helping businesses identify the best solutions for sustainable growth.
Development potential in Southeast Asia
Southeast Asia (ASEAN) is emerging as one of the most promising regions for industrial development, particularly in the industrial warehouse rental sector. While the global supply chain faced significant disruptions due to the COVID-19 pandemic, the region has demonstrated remarkable resilience, supported by flexible economic policies and the rapid adaptability of businesses.
Development opportunities in Southeast Asia
With its strategic geographic location, Southeast Asia is solidifying its role as a key multimodal logistics hub in the global supply chain. Countries such as Vietnam, Thailand, and Indonesia have made significant investments in logistics infrastructure, including seaports, airports, and warehouse networks. For example, Vietnam has emerged as a rising star, with its freight and logistics market valued at approximately USD 48.57 billion in 2024 and projected to reach USD 71.88 billion by 2030, growing at an annual rate of 6.75% [1]. These investments not only enhance the efficiency of freight transportation but also help businesses optimize costs.
The rapid growth of e-commerce is driving strong demand for modern industrial warehouse systems. In 2024, Vietnam’s e-commerce sector continued its impressive expansion, growing at an annual rate of 18-25%, with a market size exceeding USD 25 billion, accounting for approximately 9% of the country’s total retail sales and service revenue. This surge is pushing logistics companies to expand their storage and distribution networks. The adoption of advanced technologies such as Warehouse Management Systems (WMS) and the Internet of Things (IoT) has become an inevitable trend to optimize operational efficiency [2].
Additionally, the fast pace of urbanization in countries such as Vietnam, the Philippines, and Indonesia is playing a crucial role in the expansion of industrial warehousing. As urban populations increase, the demand for warehouses near distribution centers to support trade and logistics operations continues to grow. The development of suburban industrial zones with integrated infrastructure will facilitate the seamless movement of goods to major metropolitan areas.
Overall, Southeast Asia is leveraging its strengths to become a prime destination for businesses seeking industrial warehouses in the region. With its strategic location, business-friendly policies, and strong growth potential, the region remains a top choice for enterprises as global supply chains undergo restructuring in the post-pandemic era.
Benefit of leasing a warehouse in Southeast Asia
Southeast Asia is emerging as a prominent logistics hub on the global map, driven by the increasing demand for industrial warehouses in the region. With its competitive costs, strategic location, and modern infrastructure, the region offers significant advantages for businesses seeking efficient storage and distribution solutions.
One of Southeast Asia’s most attractive features is its relatively low warehouse rental costs compared to developed markets. This cost advantage enables businesses to reduce financial pressure, optimize operational expenses, and improve profitability. Competitive logistics costs result from ongoing infrastructure improvements and process optimization initiatives aimed at enhancing efficiency across the supply chain.
Cost benefits of warehouse leasing in Southeast Asia
Southeast Asia’s prime geographic location at the crossroads of major international trade routes makes it a highly strategic choice for industrial warehousing. Businesses leasing warehouses in the region can easily access key markets such as China, India, Australia, and other ASEAN countries. Many warehouses are strategically situated near highways, seaports, and international airports, optimizing transportation costs and reducing delivery times.
In recent years, Southeast Asia has witnessed rapid growth in modern warehouse facilities. Businesses can choose from various specialized storage solutions, including automated warehouses, cold storage, and bonded warehouses equipped with Warehouse Management Systems (WMS) and Internet of Things (IoT) technology. These innovations enhance operational efficiency, streamline inventory management, and improve overall supply chain performance.
With a population exceeding 600 million and a strong economic growth trajectory, Southeast Asia is one of the fastest-growing consumer markets worldwide. In 2024, Vietnam recorded a GDP growth rate of 7.09%, reaching USD 476.3 billion, driven by robust exports and significant foreign investment inflows. Meanwhile, the region’s e-commerce sector continues to expand, with the total Gross Merchandise Value (GMV) of the top eight platforms reaching USD 114.6 billion in 2023—an increase of 15% from the previous year [3].
The Regional Comprehensive Economic Partnership (RCEP) is not only strengthening intra-ASEAN trade but also playing a crucial role in optimizing regional supply chains. According to Vietnam’s General Statistics Office, RCEP provides significant advantages through its rules of origin, allowing goods produced in any member country to qualify for preferential tariffs if they meet the required regional content threshold [4]. This has encouraged businesses to restructure supply chains, expand production, and facilitate seamless cross-border trade within ASEAN. The growing volume of goods movement has, in turn, fueled the demand for logistics services, including warehousing, to efficiently support storage and distribution across the region.
Leasing industrial warehouses in Southeast Asia not only helps businesses optimize costs but also provides access to new markets, benefits from modern infrastructure, and takes advantage of investor-friendly policies. In an era of global supply chain realignment, Southeast Asia stands out as a strategic choice for companies seeking sustainable growth and long-term success.
Top 5 warehouses for lease in Southeast Asia
Choosing the right industrial warehouse in Southeast Asia is a crucial step in a company’s expansion strategy. With competitive costs, strategic locations, and well-developed infrastructure, warehouses in this region are becoming a preferred choice for both local and international businesses. Below are five outstanding rental warehouse facilities that cater to the diverse needs of modern enterprises.
KTG Industrial Yen Phong IIC (Phase 2), Vietnam
Yen Phong IIC (Phase 2) is one of the most modern industrial and warehouse complexes in Northern Vietnam, providing optimal solutions for businesses in manufacturing and logistics. Strategically located in Bac Ninh, the industrial park is adjacent to National Highway 18 and the Hanoi – Thai Nguyen Expressway, just 22 km from Noi Bai International Airport and 40 km from downtown Hanoi. This prime location enables businesses to seamlessly connect with major players such as Samsung and Luxshare, as well as access key seaports like Cai Lan Port (45 km) and Hai Phong Port (110 km), optimizing supply chains and reducing transportation costs.
Spanning a total net leaseable area of 46,643 m², KTG Industrial Yen Phong IIC Phase 2 features seven ready-built factories designed to Singaporean standards, ensuring premium infrastructure quality. These facilities range in size from 872 m² to 45,190 m², with a clear height of 8.7 m and a floor load capacity of 2 tons/m². The reinforced concrete floors are treated to resist dust and cracking. Additionally, the fire safety system includes completed fire fighting (including hydrants, hosereels, sprinklers), fire alarm and smoke extraction systems. This flexible design accommodates a wide range of industries, meeting the needs of both manufacturing enterprises and logistics operations.
Yen Phong IIC – A Modern, Optimized Solution for Manufacturing and Logistics
Moreover, the project has launched the first Experience Center in Bac Ninh, offering amenities such as meeting rooms, relaxation areas, and a showroom for tenants. This initiative enhances convenience for potential investors and supply chain partners, fostering a dynamic business environment.
Mapletree Logistics Hub Toh Guan, Singapore
Mapletree Logistics Hub Toh Guan is an advanced logistics center in Singapore, attracting significant interest from businesses due to its prime location and optimized infrastructure. Situated at 5B Toh Guan Road East, the facility is strategically positioned near the city center, Jurong Port, and the Iskandar region in Johor, Malaysia. This prime location allows companies to seamlessly connect with key transportation routes, optimizing supply chains and reducing logistics costs.
Mapletree Logistics Hub Toh Guan – Prime Location and Advanced Infrastructure (Source: mapletree.com)
One of the standout features of this warehouse is its six-story ramp-up design, enabling trucks to directly access each floor without the need for freight elevators. This design significantly enhances the efficiency and speed of cargo movement. Additionally, the warehouse offers spacious floor areas, high ceilings of up to 10 meters, and a floor load capacity of up to 30 kN/m², making it ideal for businesses requiring large-scale or heavy-duty storage. The facility also boasts an expansive container parking area, allowing tenants to efficiently manage vehicle operations without congestion issues.
Beyond operational efficiency, Mapletree Logistics Hub Toh Guan places strong emphasis on sustainability in its construction and operations. The building has been awarded the Green Mark Gold certification by the Building and Construction Authority (BCA) of Singapore, reflecting the integration of environmentally friendly and energy-efficient solutions in its design and management.
However, due to its strategic location and premium quality, demand for warehouse space here remains consistently high, which can result in higher rental rates compared to other areas. Businesses must also consider the competitive landscape when securing space in such a dynamic logistics hub. Nevertheless, with its advantageous location, modern design, and commitment to sustainability, this facility remains a top choice for companies seeking a large-scale, flexible, and eco-friendly logistics hub in Singapore.
Central Boulevard, Malaysia
Central Boulevard is a state-of-the-art logistics center in Malaysia, distinguished by its strategic location near major highways and key seaports, including Port Klang. Designed to accommodate a wide range of storage needs, the facility offers conventional warehousing, cold storage, and specialized storage solutions for goods requiring strict environmental controls.
The infrastructure at Central Boulevard is built to advanced standards, integrating energy-efficient solutions, modern fire protection systems, and spacious loading and unloading areas to optimize transportation workflows. These advantages make Central Boulevard an ideal choice for businesses looking to enhance logistics efficiency and expand their market presence in Malaysia.
Savills Industrial
Savills Industrial, the dedicated industrial real estate division of Savills Vietnam, is a reliable partner for businesses seeking warehouses, factories, or industrial land to expand their production and logistics operations. With an extensive network of industrial facilities across the country, Savills Industrial offers a wide range of options in key industrial zones, including Bac Ninh, Hai Phong, Hanoi, Binh Duong, Dong Nai, Long An, and Ho Chi Minh City. Businesses can find diverse warehousing solutions, from ready-built factories and multi-story warehouses to cold storage and large-scale logistics centers, tailored to meet various operational needs.
Savills Industrial – Industrial Warehouse Solutions for Manufacturing & Logistics (Source: Savills Vietnam)
Beyond providing industrial spaces, Savills Industrial offers in-depth consultancy services, helping businesses identify optimal leasing locations based on production, transportation, and workforce availability. Its team of experts assists in lease negotiations, ensuring flexible and favorable terms for clients. Additionally, Savills Industrial provides services for property acquisitions, leasebacks, and factory expansions, enabling businesses to optimize their production space at different growth stages.
Through strategic partnerships with major industrial developers such as BW Industrial, KTG Industrial, VSIP, and WHA, Savills Industrial connects businesses with high-quality, ready-to-lease projects, significantly reducing the time required to secure suitable premises. The company goes beyond site selection and leasing by offering post-lease warehouse management services, ensuring efficient operations and long-term maintenance. Furthermore, businesses receive legal advisory support to ensure full compliance with local regulations before finalizing lease agreements.
With its extensive network, specialized consultancy services, and strong connections with reputable developers, Savills Industrial is the premier choice for businesses seeking well-suited warehouse solutions that support operational efficiency and business expansion in Vietnam.
Bangkok Free Trade Zone, Thailand
Bangkok Free Trade Zone (BFTZ) is a leading industrial estate in Thailand, offering high-quality industrial real estate solutions for investors and businesses. Strategically located near major seaports, airports, and key transportation networks, BFTZ facilitates efficient logistics and manufacturing operations.
BFTZ provides a wide range of ready-built warehouses and factories, designed to accommodate businesses of all sizes. Additionally, its “Built-to-Suit” service allows for customized industrial spaces tailored to specific client requirements. However, this service is primarily available in newly developed areas and land plots still available for development, meaning not all locations within BFTZ offer this option. Key projects currently include BFTZ 1 at Bangna-Trad Km.23, BFTZ 3 at Bangna-Trad Km.19, and BFTZ 4 at Bang Pakong Km.53, where businesses can access modern and flexible industrial facilities.
Beyond its state-of-the-art infrastructure, BFTZ offers comprehensive support services, including consultancy and assistance in obtaining permits, regulatory compliance support, and facility maintenance. Businesses operating within the zone can benefit from special incentives, such as corporate income tax exemptions under the regulations of the Thailand Board of Investment (BOI) and eligibility for a Free Zone License.
With its prime location, high-quality infrastructure, and professional support services, Bangkok Free Trade Zone is an ideal choice for businesses seeking industrial real estate solutions in Thailand.
Reputable industrial warehouse for lease solution in Southeast Asia of KTG Industrial
KTG Industrial is a reputable provider of industrial warehouse rental solutions in Southeast Asia, with a strong focus on Vietnam. Offering a network of modern ready-built factories and warehouses, KTG Industrial caters to businesses with flexible leasing options depending on specific project requirements. For instance, at the KTG Industrial Yen Phong IIC project (Phase 1), rental spaces range from 816 m² to 20,000 m². Meanwhile, Phase 2 of the project offers factory spaces from 1,717 m² to 45,190 m².
KTG Industrial – a trusted industrial warehouse solution provider in Southeast Asia, especially in Vietnam
KTG Industrial’s facilities are strategically located in key economic regions such as Bac Ninh and Dong Nai, ensuring seamless connectivity to airports, seaports, and major consumer markets. Additionally, KTG Industrial provides build-to-suit services, enabling businesses to design and develop factories tailored to their operational needs.
With a strong commitment to quality and strategic locations, KTG Industrial is a trusted partner for businesses seeking efficient warehousing solutions in the region.
Conclusion
With the rapid growth of the logistics industry and the expanding manufacturing sector in Southeast Asia, selecting the right industrial warehouse rental can help businesses optimize costs, enhance operational efficiency, and maximize market opportunities. Warehousing facilities in Vietnam, Thailand, Singapore, and Malaysia not only meet storage needs but also integrate modern technology, ensuring flexible expansion capabilities for the future.
References
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[2] “Thương Mại Điện Tử Việt Nam Năm 2024: Những Bước Tiến và Thách Thức.” Moit.gov.vn, Cục Thương mại điện tử và Kinh tế số, 18 Feb. 2025, moit.gov.vn/khoa-hoc-va-cong-nghe/thuong-mai-dien-tu-viet-nam-nam-2024-nhung-buoc-tien-va-thach-thuc.html.
[3] thitruongtaichinhtiente.vn. “Thương Mại Điện Tử ở Đông Nam Á Tăng Vọt, Việt Nam và Thái Lan Dẫn Đầu về Tăng Trưởng.” Thitruongtaichinhtiente.vn, 11 Aug. 2024, thitruongtaichinhtiente.vn/thuong-mai-dien-tu-o-dong-nam-a-tang-vot-viet-nam-va-thai-lan-dan-dau-ve-tang-truong-61788.html.
[4] thuyduong. “RCEP: Hiệp Định Mở Ra Lợi Thế về Quy Tắc Xuất Xứ Cho Hàng Hoá Của Việt Nam.” General Statistics Office of Vietnam, 2022, www.gso.gov.vn/tin-tuc-khac/2022/11/rcep-hiep-dinh-mo-ra-loi-the-ve-quy-tac-xuat-xu-cho-hang-hoa-cua-viet-nam/.
