ASIA PACIFIC DATA CENTRE H1 2025 UPDATE

SGP SINGAPORE

H1 25

IT LOAD EVOLUTION

CONTACTS

1,400

BRENDA ONG Executive Director, Logistics & Industrial, Singapore brenda.ong@cushwake.com XIAN YANG WONG Head of Research, Singapore xianyang.wong@cushwake.com

1,200

287

216

357

226

28

20

1,000

45

94

800

600

MW

1,016

1,002

973

876

400

200

0

2022

2023

2024

1H 2025

Operational

U/C Planned

SIGNIFICANT RECENT SALES

SITE / PROPERTY

SIZE

SALE DATE

SALE PRICE (US$) BUYER

SELLER

$364million (S$471million)

CapitaLand Ascendas REIT (CLAR)

CapitaLand Data Centre Trust

20,305 sqm

May 2025

9 Tai Seng Drive

CUSHMAN & WAKEFIELD | ASIA PACIFIC DATA CENTRE MARKET OVERVIEW