Investment Strategy

Singapore

Singapore is the second largest data center market in APAC with over 1.1 GW of capacity, behind Tokyo1. Singapore plays a critical role in connecting Southeast Asia with the broader region and the rest of the world via its vast network of 26 subsea cables.

The dense connectivity environment supported by its subsea cable network, robust energy infrastructure and central location make Singapore one of the most sought-after APAC data center hubs, with vacancies consistently at 2.0% or lower since 2021.

SG1 Data Center (“SG1”) – 51 Serangoon North Avenue 4, Singapore

SG1 is located in the Serangoon North area of Singapore, a well-established industrial estate that hosts high-tech industries such as electronics manufacturing, semiconductor production, and information technology. SG1 is well-serviced by many public transportation nodes, positioned just north of the Serangoon MRT station, which links Serangoon to the Central Business District. SG1 is also well-connected to major expressways such as the Central Expressway, which provides direct access to the Central Business District.

Key asset metrics

Capacity / Design IT Load8.6 MW
Data Floor Space5,040 sqm
Weighted Average Lease Expiry1.0 years
TierTier III-equivalent
CarrierCarrier-neutral
Design Power Usage Effectiveness (PUE)1.53
Year of completion2012
Year of last refurbishment2024
Land titleLand leased / building owned2
1As at the third quarter of 2024 based on the Independent Market Research Report.
2Occupational lease of land with JTC, paid in full until August 2040 which is the initial term of the lease with JTC, with an option for a further 30-year term until 2070 subject to the fulfilment of certain conditions under the lease. The conditions for a further 30-year term until 2070 include: (i) the tenant making a fixed investment of at least SGD 35,000,000 on SG1 during the initial lease term, (ii) the gross plot ratio of the site being not less than 2.47 but not more than 2.50 and (iii) at the expiry of the initial lease term there being no existing breach or non-observance of any of the tenant’s obligations. JTC have confirmed in writing that conditions (i) and (ii) have been satisfied and that, in relation to (iii), there are currently no known breaches.

Our Portfolio

The information behind this electronic gatepost is only being made available to residents of Singapore, and may not be reproduced or redistributed or passed on in whole or in part, directly or indirectly, to any other person for any purpose. The distribution of the information behind this electronic gatepost in certain jurisdictions may be restricted by law, and persons into whose possession such information comes should inform themselves about, and observe, any such restrictions.

Nothing on this website is an offer to sell or a solicitation of an offer to purchase any securities. In particular, the units of NTT DC REIT (the “Units”) have not been and will not be registered under the United States Securities Act of 1933, as amended (the “US Securities Act”), or the securities laws of any state or other jurisdiction of the United States, and may not be offered or sold in the United States unless registered under the US Securities Act, or pursuant to an applicable exemption from registration and in compliance with applicable state laws. The Units are only being offered and sold outside the United States in reliance on Regulation S under the US Securities Act to non US persons who are eligible to invest in offshore transactions (as defined in Regulation S), or pursuant to other applicable exemptions under the US Securities Act. The information provided on this website is not to be accessed, published, forwarded or otherwise distributed in or into the United States.

By clicking on the “I agree” button below, you will have acknowledged the foregoing restrictions and represented that you are resident in Singapore and are not accessing this website from jurisdictions outside of Singapore, including the United States.

I Agree