GDS buys 21 Jalan Buroh property from CapitaLand for USD 86 million, plans to convert warehouse into data centre by 2024

• Demand has begun to spread to nearby markets, primarily Johor (Malaysia) and Batam (Indonesia), which are becoming satellite areas supporting Singapore’s data centre ecosystem. Other Southeast Asian markets like Jakarta, Bangkok, and Kuala Lumpur are also benefiting from this spillover.
• The SEJOURI pact (Singapore, Johor, Riau Islands) aims to strengthen ties between these regions, with Singapore providing intellectual property and investment, while Malaysia and Indonesia offer land, energy, and lower-cost labor.

ST Engineering plans USD 88 million investment for new 7-story data centre with completion expected 2026.

• The Singapore government is aggressively steering the data center sector towards sustainability in 2024 through a multi-pronged approach encompassing the Green Data Centre Roadmap, enhanced Green Mark standards, targeted incentive programs, and a strong push for innovation.

Keppel completed Keppel DC Singapore 8, a fully-leased 100,882 sq ft data centre at 82 Genting gate

• The impact of SEJOURI (Singapore, Johor, Riau Islands) pact and spillover demand has begun to spread to nearby markets, primarily Johor (Malaysia) and Batam (Indonesia), which are becoming satellite areas supporting Singapore’s data centre ecosystem. Other Southeast Asian markets like Jakarta, Bangkok, and Kuala Lumpur are also benefiting from this spillover.
• This strategic partnership enables Singapore to manage its carbon footprint while maintaining its digital leadership. The SEJOURI pact facilitates the distribution of workloads and resources across the region, with Singapore acting as the centre point of influence.

Outlook

• For Users
  •Occupiers should strategise workload placement across region.
  •Cost savings and proximity to clients to influence relocation.
  •Rents are likely to move northward as demand outstrips supply.
• For Providers
  •SEJOURI region should be viewed as a single entity for expansions.
  •Construction plans should be aligned with needs across the region.
  •Sustainability targets should be integrated with new growth plans.