Aug 18, 2024 | Posted by Abdul-Rahman Oladimeji
APAC data center operator Bridge Data Centres has acquired 20 acres of land in the Mukim of Plentong, District of Johor Bahru, State of Johor from real estate and construction holding company Paragon Globe Bhd (PGB) for a cash consideration of RM99 million ($22.4m). This is the second land deal between PGB and Bridge.
Bridge currently has six data centers in operation or development across Malaysia – including one in Johor. First announced in late 2021 and launched in 2022, phase 1 of the 110MW project covers the first of three buildings across the 38-acre site within the Sedenak Tech Park (STeP). TikTok-owner ByteDance is the anchor tenant of the site.
Johor is reportedly set to introduce new water regulations for data centers. “We will introduce certain conditions regarding the use of recycling water, rainwater, and the latest technology, so that we can save water," State Investment, Trade, Consumer Affairs, and Human Resources Committee chairman Lee Ting Han told reporters this week.
