KUALA LUMPUR (June 30): In the July 1 issue of City & Country, we look at the growing data centre business in Malaysia, thanks to several key reasons as highlighted by property experts familiar with the progress of this burgeoning sector.

Besides good location and strong infrastructure, experts point to the government support and policies in place to attract data centre operators to set up shop in Malaysia. These include Malaysia Digital Economy Blueprint (MyDigital), National Digital Network (Jendela), National Fourth Industrial Revolution Policy, DE Rantau programme (under Malaysia Digital Economy Corporation) and Digital Ecosystem Acceleration Scheme (Desac).

Right now, Cyberjaya in Selangor has the most data centres in the country, but some feel that Johor’s Sedenak Tech Park may take the lead in the years to come.

Also in this issue are the The Edge Malaysia | Nawawi Tie Leung Property Consultants Penang Housing Property Monitor 1Q2024, a Knight Frank report on how the global housing price growth has strengthened, with Asian cities taking the lead and how Johor-based co-working space provider INFINITY8 is looking to expand to other parts of Malaysia.

Other stories include an article from Singapore regarding the Bukit Timah Turf City location that is being transformed into a housing estate by the government and a Bloomberg article on the resilience of the Dubai real estate market.

Read all this in the July 1 issue of The Edge Malaysia weekly. 

https://www.theedgemarkets.com/node/717005