Real estate situation report of data centers in Asia Pacific

Real estate situation report of data centers in Asia Pacific

In recent years, as a strong emerging economy and a major participant in the technology market, the Asia-Pacific (APAC) region has witnessed rapid economic growth. At the end of last year, some institutions speculated that China had surpassed the United States to become the world's largest economy (the adjusted purchasing power ). Even if we ignore the adjustment, China will rank second in the world and remain a rising economic force. With the huge market potential of more than 2.5 billion people in China and India, and the increasing use of mobile phones and other electronic devices, asia Pacific region has become a huge target market for data center operators. However, the economic turmoil in recent months may have an impact on the digital market. Next, let's take a look at the real estate situations of data centers in the Asia Pacific region.

Hot Market

Geographically, the Asia Pacific region is a huge region. In addition, it contains various cultural, historical, and economic conditions. Naturally, the data center market in each country and region will be different.

George ribbby, deputy director of the data center Consulting Group at Cushman & Wakefield in Asia Pacific, said, "Singapore is currently one of the top performers in the data center market, the island country at the southern tip of the Malaysia peninsula has the largest data center market in the Asia-Pacific region and has a total supply of 240 megawatts, of which the available capacity is 205 megawatts." Ribbby predicts that there will be another 120 megawatt capacity in Singapore to be available in 2018.

Singapore has a population of approximately 5 million to 6 million, with an area smaller than 300 square miles, but still has a strong impact in the data center market. "Despite the scarcity of land in Singapore, there are several characteristics and advantages conducive to data center construction, such as its superior geographical location and stable power supply, "In these attributes and features, reliable power is critical to the operation of data centers, but there are also some weaknesses in its development. "Singapore in the sea is not immune to natural disasters, such as earthquakes and typhoons, which will affect the operation and development of data centers," he said ." Investors are also looking for secure locations to build data centers, which are even more important than the data center market.

Another well-developed data center market in Hong Kong has made its historic free economy a target for investors. Its population and GDP are roughly the same as that of Singapore. Hong Kong will return to China after 1997. "Hong Kong's data center market needs are subject to the scarcity of land," he said. Of course, in a region with a relatively small economically developed area (about 400 square miles), its data center real estate dynamics are significantly different from those in other regions, for example, a vast area like the United States or China."