SINGAPORE: Rising building prices amid the unreal intelligence push and tighter sustainability necessities have stored Singapore the second-most costly market to construct knowledge centres globally.
In accordance with The Asian Enterprise Evaluate, citing the Turner & Townsend 2025 Information Centre Development Value Index, building prices in Singapore rose 5% year-on-year (YoY) to US$14.53 per watt (S$18.76), largely as a result of AI-ready knowledge centres requiring 25–30 instances extra energy per rack than conventional services, pushed by superior cooling wants and extra advanced electrical infrastructure.
The upper prices are linked to the worldwide race to deploy AI computing capability, mentioned Sumit Mukherjee, Managing Director for Southeast Asia and Head of Actual Property, Asia, at Turner & Townsend.
Singapore’s sustainability requirements, which require operators to chop power consumption by 30%, are additionally pushing corporations to put money into extra environment friendly applied sciences, tools and vegetation.
Nonetheless, Singapore continues to draw world knowledge centre buyers, described by Mr Mukherjee as a “blue chip market” for knowledge centres, due to the city-state’s steady insurance policies, robust regional hyperlinks and stable sustainability credentials. /TISG
Learn additionally: Smaller knowledge centres may quickly grow to be irrelevant as rise of AI fuels demand for hyperscale services: Report
