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Vietnam's Data Centre Construction Costs Range from USD 5.5 to 8.5 Million/MW

Vietnam currently has 51 MW of operational data centre capacity, 11 MW under construction, and an additional 28 MW planned within the next five to seven years. HCMC currently accounts for 50% of the operational capacity in Vietnam, which is dominated by local telecom providers who have struggled meet the demand in Vietnam’s domestic market. 

The cost of building data centers in Vietnam ranges from $5.5 to $8.5 million per MW. Meanwhile, the average land price for data center projects in suburban areas of Ho Chi Minh City and Hanoi, with available infrastructure, is $209 per square meter. 

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Asia Pacific Data Centre Construction Cost Guide 2025

Our 2025 report provides a comprehensive analysis of both land purchase and data centre construction costs to assist data centre operators, developers, investors and lenders looking to better understand the sector’s capital requirements.

Drawing on Cushman & Wakefield data from 90 clusters across 26 data centre locations, the report provides detailed modelling and cost scenarios along with insights into key themes influencing the sector’s development: power availability and cost, AI, and investment trends.

 

 

Most Affordable Markets

(ranked by mid-range cost and based on a mid-specification build)

  1. Taiwan
  2. Vietnam
  3. Philippines
  4. Chinese Mainland
  5. India

Land Purchase Costs*

Land costs continued to rise in 2024 as an increasing scarcity of powered sites suitable for data centre construction in established markets drove interest in emerging markets. This scarcity of land has encouraged a move towards innovative redevelopment of brownfield sites.

*Note that our methodology for calculating land costs has changed to reflect cluster pricing rather than market pricing; year-on-year comparisons are not available.

Most Expensive Clusters

(ranked by mid-range land)

Inner City Clusters

  1. Gangnam, Seoul, South Korea
  2. Neihu District, Taipei, Taiwan China
  3. Central Tokyo, Greater Tokyo, Japan
  4. Central Jakarta, Greater Jakarta, Indonesia
  5. South West Seoul, Seoul, South Korea
 
 
Outer CBD Fringe Clusters
  1. Kawasaki, Greater Tokyo, Japan
  2. Sha Tin, Hong Kong, Greater China
  3. Seongnam, Seoul, South Korea
  4. Fanling, Hong Kong, Greater China
  5. Sagamihara, Greater Tokyo, Japan
OUR CAPABILITIES​
Learn more about Cushman & Wakefield's data centres capabilities across Asia Pacific, including regional and local market insights, our services, key client case studies and contacts.
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Asia Pacific Data Centre Construction Cost Guide

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Ho Chi Minh City Office Outlook 2025

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