Asia Pacific Data Construction Cost Guide 2025

OSAKA & TOKYO

JOHOR BAHRU, KUALA LUMPUR & SELANGOR

Cost

Cost

Development Example Cost Breakdown (% Dev. Cost Scenario A)

Development Example Cost Breakdown (% Dev. Cost Scenario A)

Cluster Land / Site Purchase Cost

Unit

Cluster Land / Site Purchase Cost

Unit

Low

Mid

High

Low

Mid

High

Keihanna Science City

$ / SQM

$1,003

$1,253

$1,504

Kulai & Sedenak

$ / SQM

$202

$257

$322

Central Osaka

$ / SQM

$4,511

$7,268

$10,025

1%

Pulai / Nusajaya

$ / SQM

$306

$349

$393

5% 8%

7%

9%

12%

North Osaka

$ / SQM

$1,253

$1,629

$2,005

1% 1%

10%

35%

9%

Johor Bahru (City Fringe and City Centre)

$ / SQM

$579

$1,037

$1,583

Inzai

$ / SQM

$752

$1,253

$1,754

13%

9%

Kawasaki

$ / SQM

$5,013

$6,266

$7,519

Cyberjaya and Greater Selangor

$ / SQM

$382

$453

$519

18%

Saitama

$ / SQM

$2,506

$3,133

$3,759

Blended Land Purchase Cost

$ / SQM

$367

$524

$704

12%

7%

25%

Central Tokyo

$ / SQM

$7,519

$11,278

$15,038

9%

6%

Cost

Sagamihara

$ / SQM

$3,008

$3,759

$4,511

Construction Cost

Unit

Low

Mid

High

Blended Land Purchase Cost

$ / SQM

$3,196

$4,480

$5,765

1%1% 1%

Cost Per Watt

$ Per Watt

$6.94

$8.78

$10.63

Cost Per MegaWatt

$ Per MegaWatt

$6,935,119 $8,784,484 $10,633,849

Cost

Construction Cost

Unit

Low

Mid

High

Economic Indicators

2022 Rate

2023 Rate 2024 Rate

2025 Rate

Professional Fees / Soft Costs Base Building Interior Fit-Out / Finishes Electrical Systems Mechanical Systems Cooling Systems Fire Suspression & Life Safety Systems Security Systems Furniture & Fixtures

Professional Fees / Soft Costs Base Building Interior Fit-Out / Finishes Electrical Systems Mechanical Systems Cooling Systems Fire Suspression & Life Safety Systems Security Systems Furniture & Fixtures

Cost Per Watt

$ Per Watt

$10.45

$13.24

$16.02

GDP Growth Inflation Rate

8.90% 4.00% 2.76%

3.50% 1.70% 3.00%

5.60% 2.10% 3.00%

4.80% 2.10% 3.00%

Cost Per MegaWatt

$ Per MegaWatt

$10,449,000 $13,235,400 $16,021,800

Central Bank Rate

Economic Indicators

2022 Rate

2023 Rate 2024 Rate

2025 Rate

GDP Growth Inflation Rate

1.10%

1.70% 2.90% -0.10%

-0.30% 2.70% 0.25%

1.00% 1.10% 0.75%

Construction Cost Year Over Year % Change 3.00% Applied Local FX Rate

3.90% -0.10%

1 USD = 4.595 MYS

Central Bank Rate

Construction Cost Year Over Year % Change 4.00% Applied Local FX Rate

1 USD = 141.025 JPY

IT Rack, Equip. & Cabling (Excl. Active IT Equip.) Land (Excl. Land Infrastructure Leveling Costs)

IT Rack, Equip. & Cabling (Excl. Active IT Equip.) Land (Excl. Land Infrastructure Leveling Costs)

Notes: •

CUSHMAN & WAKEFIELD | ASIA PACIFIC - DATA CENTRE CONSTRUCTION COST GUIDE 2025

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