How Much Does a Safe Deposit Box Cost in Singapore? Full 2026 Price Guide

The cost of a safe deposit box in Singapore depends on three things: the provider you choose, the size of the box, and how you pay. Rates are scattered across bank branches, security firms, and automated vault operators, and no single source lists them side by side. This guide consolidates current 2026 rates so you can compare like for like.

Direct answer: Most personal safe deposit boxes in Singapore cost between roughly S$160 and S$1,500 per year. Bank and manual-operator boxes carry a fixed annual rental, from about S$159 for the smallest size to more than S$900 for the largest. Automated vaults are priced by the month or by annual plan, working out to around S$220 to S$1,500 a year depending on size and how far ahead you prepay. Nearly every provider also adds a one-time administrative fee and a refundable security deposit on top of the rental.

What Determines the Price

Box size and dimensions

Every operator prices by size, from compact boxes suited to passports and title deeds up to large boxes that hold document folders, jewelry cases, and bullion. Larger boxes cost more, and the gap between the smallest and largest option is often three to five times. Investors sizing a box specifically for precious metals may find this guide on where to store gold bars and bullion safely useful for matching box size to holdings.

Provider type

Banks are the traditional choice but usually the least flexible on access and eligibility. Manual security firms such as Certis and SECOM operate independently of banks. Automated vaults use robotic retrieval and offer 24/7 access. For a fuller breakdown of the trade-offs, see this comparison of bank versus automated safe deposit boxes in Singapore.

Upfront fees and deposits

Beyond rental, most providers charge a one-time administrative fee and a refundable security deposit that is returned when you close the account and hand back your keys or access card. These can add S$200 to S$400 to your first-year outlay.

GST and access terms

Published bank and manual-operator rates are usually subject to the prevailing 9% GST rate set by IRAS. Access terms matter too: A low annual fee delivers less practical value if you can only access the box during standard weekday banking hours.

Bank Safe Deposit Box Prices

DBS and POSB remain the most accessible retail bank option. Annual rental runs from S$190.75 to S$501.40 across four box sizes, inclusive of 9% GST, and you need a qualifying DBS or POSB deposit account to apply. Access is limited to weekday banking hours and Saturday mornings, with closure on Sundays and public holidays. The detailed DBS safe deposit box guide covers sizes and eligibility in full.

UOB and OCBC have largely wound down retail safe deposit box access, reserving remaining boxes for premier and private banking clients who maintain a minimum relationship balance. OCBC Premier Banking, for example, requires a minimum average monthly balance in the region of S$200,000, which puts a bank box out of reach for most retail customers at these two banks.

* Rates accurate as of 14 August 2026 and subject to change. Confirm current pricing directly with the bank.

Manual Private Operator Prices

Certis offers five sizes and does not require a bank account. Personal annual rates start at S$159 for an extra-small box on GIRO, rising to S$819 for extra-large. Non-GIRO payment adds S$100 per size, corporate accounts are priced higher, and all rates are subject to GST. Weight limits apply: 4kg for extra-small to medium boxes and 8kg for large and extra-large.

* Rates accurate as of 14 August 2026 and subject to change. Confirm current pricing directly with the provider.

SECOM is the other established manual operator, with annual rental from S$168 (before GST) across small, medium, and large boxes. It requires a refundable deposit of S$150 for Singaporeans or S$300 for passport holders, and no bank relationship is needed. Access at both Certis and SECOM is staffed, so retrieval happens during their operating hours rather than around the clock.

Automated Vault Prices

Singapore has three fully automated operators: STARVAULT, Vault@268, and Smart Secure Storage @SG. All three use robotic retrieval and 24/7 access, but they price and contract very differently, as this comparison of automated safe deposit boxes in Singapore explains.

* Rates accurate as of 14 August 2026 and subject to change. Confirm current pricing directly with the provider.

STARVAULT is the only automated operator offering a genuine monthly contract, with no obligation to commit a year upfront. Prepaying brings the rate down sharply: the small box falls from S$60 to S$36 a month on a one-year plan and S$30 a month over three years, and the one-year prepay currently includes two months free. Vault@268, in the Orchard area, and Smart Secure Storage @SG, in Tagore Lane to the north, both require annual payment plans. 

Which Option Offers the Best Value

On headline annual rate alone, a small bank or manual-operator box is the cheapest entry point. The picture changes once access, eligibility and privacy are factored in.

Quick comparison

1. Bank boxes: Require a bank account and limit access to weekday banking hours.
2. Manual operators: No bank account needed, but still rely on staffed retrieval during fixed operating hours.
3. Automated vaults: Cost a little more, yet deliver true 24/7 access and full privacy because no staff ever handle your box during retrieval. This privacy and convenience is the real differentiator.

Why STARVAULT stands out

STARVAULT (506 Chai Chee Lane #01-01) is the most flexible automated option and a practical choice for residents across the East, including East Coast, Bedok, Siglap, Katong and Chai Chee. A nearby vault removes the usual travel objection.

Key advantages include:

1. Genuine 24/7 access
2. No banking relationship required
3. Monthly or prepaid contracts starting from one month
4. Air-conditioned storage
5. Five-layer security: facial recognition, card access, fingerprint verification, PIN code and physical key
6. OTP verification for any access changes (staff never handle a box unsupervised)
7. Real-time email notification every time your box is accessed
8. Professional gas-suppression fire system that avoids the water damage risk posed by sprinklers

A closer look at how STARVAULT’s automated safe deposit box works covers this process in full. If you are still weighing what to store and where, this guide on where to keep valuable items in Singapore is a useful starting point.

Conclusion

Safe deposit box pricing in Singapore spans a wide range, but the cheapest option is rarely the whole story. Match the box size to what you actually need to store, weigh the annual rate against access and eligibility, and account for upfront fees before committing.

To see current STARVAULT rates and box availability in the East, schedule a private viewing or contact the team for a personalized quote.