Asia Pacific Data Centre Construction Cost Guide 2023/24
Asia Pacific is attractive to investors for its comparatively low land and development costs and for the growth potential in both developed and emerging markets.
Regional Land Cost Index - Top 5 Markets
An increasing scarcity of suitable land parcels with available power in some markets, combined with higher borrowing costs in most markets, have contributed to cost increases. The top 5 most expensive markets for land cost are:
An increasing scarcity of suitable land parcels with available power in some markets, combined with higher borrowing costs in most markets, have contributed to cost increases. The top 5 most expensive markets for land cost are:
Regional Construction Cost Index - Top 5 Markets
With year-on-year increases of between 8% in Singapore and 3.5% in Australia, the top 5 most expensive markets for construction cost are:
With year-on-year increases of between 8% in Singapore and 3.5% in Australia, the top 5 most expensive markets for construction cost are:
Although supply chain disruption and supply/demand imbalances for both labour and materials remain in recovery, raw material prices, energy and transport costs remain at an all-time high and continue to contribute towards record construction costs. Overall, the market has seen an average increase of 4.9% on 2022 construction pricing.
ASIA PACIFIC DATA CENTRE CONSTRUCTION COST GUIDE 2023/24
Cushman & Wakefield’s inaugural Data Centre Construction Cost Guide 2023/24 provides a comprehensive analysis of both land purchase and data centre construction costs across Asia Pacific, as well as a schedule of land banking rates and a summary of key trends within the sector.
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EMEA Data Centre Market Update
EMEA now totals to a massive 7.6GW of operational IT data centre capacity, a 10% rise from H1 2023. In addition, the region has 2.3GW capacity under construction and 6.6GW in planned stages.
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Insights • Technology
Asia Pacific Data Centre Construction Cost Guide 2023/24
Cushman & Wakefield's Data Centre Construction Cost Guide 2023/24 provides a comprehensive analysis of both land purchase and data centre construction costs across Asia Pacific, as well as a summary of key trends observed within the sector.
Vivek Dahiya • 10/31/2023
Insights
Migrating to a colocation (colo) data centre can help with long term costs savings, ensure 24/7 reliability with minimal power interruptions, achieve higher sustainability and flexibility in line with your business goals.
Vivek Dahiya • 5/25/2023
Insights
2022 Global Data Center Market Comparison
Explore a unique way to assess and score 55 global primary and emerging data center markets utilizing 13 criteria.
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Rebecca Jung
Associate Director, Business Development ServicesAssociate Director, Business Development Services
Sydney, Australia
Related articles
Research
EMEA Data Centre Market Update
EMEA now totals to a massive 7.6GW of operational IT data centre capacity, a 10% rise from H1 2023. In addition, the region has 2.3GW capacity under construction and 6.6GW in planned stages.
Andrew Fray • 5/2/2024
Research
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Explore a unique way to assess and score 92 global primary and emerging data center markets utilizing 14 criteria.
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Data centre construction cost increases of up to 8% across region year-over-year but development shows no sign of pausing
Japan has been named the most expensive market for data centre construction while Singapore has topped the rankings for the most expensive land costs in Asia Pacific, according to a new report.
Amy Kathleen Kelly • 11/6/2023
Insights • Technology
Asia Pacific Data Centre Construction Cost Guide 2023/24
Cushman & Wakefield's Data Centre Construction Cost Guide 2023/24 provides a comprehensive analysis of both land purchase and data centre construction costs across Asia Pacific, as well as a summary of key trends observed within the sector.
Vivek Dahiya • 10/31/2023
Insights
Migrating to a colocation (colo) data centre can help with long term costs savings, ensure 24/7 reliability with minimal power interruptions, achieve higher sustainability and flexibility in line with your business goals.
Vivek Dahiya • 5/25/2023
Insights
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Explore a unique way to assess and score 55 global primary and emerging data center markets utilizing 13 criteria.
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