Johor, Singapore emerge as data centre hotspots amid Apac’s US$15.5 billion investment boom
Johor is poised to grow capacity by 85% through US$4.7 billion in planned investments, while Singapore continues to dominate high-margin, small-scale rack deals amid near-zero vacancy rates
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[KUALA LUMPUR] Johor and Singapore are at the forefront of a surging Asia-Pacific data centre boom, as the region attracts record cross-border investments and reshapes the global digital infrastructure landscape, said Knight Frank.
Asia-Pacific attracted US$15.5 billion in cross-border data centre investment in 2024 – more than any other region globally – said the real estate consultancy in a report.
The global data centre market rebounded sharply in 2024 as transaction volumes surged by 118 per cent to reach US$31.8 billion, driven by activity across single-asset purchases, portfolio acquisitions, redevelopment opportunities and development site sales.
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