The server frame of the data center.
Microsoft is acquiring another land near the Singapore border from Crescendo Corp. In the country.
Its data center department Microsoft Payments Malaysia is purchasing a 91,249 square meter plot in the Nusa Cemerlang Industrial Park in Johor's Pulai Distrib. This is the fourth piece of land purchased by Microsoft in Johor in southern Malaysia. Knight Frank, British consulting company, attracted about $ 32 billion in digital infrastructure investment in 2024, named the hottest data center in Southeast Asia.
Chris Cydor said in a regulatory document earlier this week that the withdrawal of capital will “release the value of land at a reasonable price.” Its unit panoramic industry has a large amount of land in Johor. This is the main plantation of Malaysia and Singapore into the major economic zone.
Microsoft Payments won two pieces of land from Crescendo, which was previously listed in Kuala Lumpur, with a value of 447.6 billion Linkt. It also purchased another place of Johor's Kulai area from the price of Ringgit at 402.3 million Ringgit, which was purchased from about 30 kilometers north of Singapore.
Due to renewable energy and land restrictions, Singapore has been suspended for three years in Singapore's new data center project in Singapore. Johor is the center of the prosperity of the Southeast Asian data center. In addition to Microsoft, several international participants including AirtRunk, K2 Strategic (controlled by Malaysia's richest people Robert KUOK), as well as the YTL Power and AI Chip billionaire Jensen Huang's NVIDIA's Nvidia Social ventures are expanding their data centers in Johor.
Microsoft said in May that it will invest 2.2 billion US dollars in four years to help accelerate the digital transformation of Malaysia and join other industry giants that are expanded in the country, such as Amazon, Google and Oracle.
Malaysian real estate companies are using the prosperity of the data center. Crescendo also sells the land to other data center participants, including ST Telemedia Global Data Center and DAMAC's EDGNEX.
Crescendo is one of the two listed companies controlled by Lim and their family with net assets of $ 535 million. Lim, the chairman of the real estate developer and palm oil producer Kim Loong Resources, as a career in the Canadian Atomic Agency as an aerospace engineer.
