KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia closed higher, buoyed by Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent, alongside positive cues from Wall Street. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 19.30 points, or 1.19 per cent, to 1,635.86 from Wednesday’s close of 1,616.56. The benchmark index opened 6.72 points higher at 1,623.28, and fluctuated between an intraday high of 1,642.44 and a low of 1,622.62 during the trading session. However, market breadth was negative, with losers outnumbering gainers 723 to 497, while 466 counters were unchanged, 1,075 untraded and 10 suspended. Turnover rose to 3.74 billion units valued at RM3.61 billion compared with yesterday’s 2.81 billion units valued at RM2.57 billion.
Key Takeaway: Singapore remains a leading data centre hub in Asia-Pacific, but rising costs, scarce land, and limited power supply are straining growth, pushing operators to look toward Johor and regional alternatives. Market Overview According to the TDICA Global Data Center Report 2025 , Singapore’s live data centre capacity reached 1,002 MW in 2025 , yet vacancy rates are just 2% , underscoring a supply crunch. The development pipeline remains limited, with only 246 MW slated — 20 MW under construction and 226 MW in planning . Pricing Pressures Colocation costs in Singapore rank among the highest in Asia-Pacific, ranging from US$300–450+ per kW per month for wholesale blocks (250–500 kW). In contrast, Johor, Malaysia offers far cheaper pricing starting at US$130 per kW . Power costs: US$0.281 per kWh Construction cost index: 142 (Amsterdam baseline = 100) These factors contribute to Singapore’s ...