Sunway City Iskandar Puteri seals RM380mil land deal for data centres

Aerial view of Sunway City Iskandar Puteri overlooking the Malaysia–Singapore Second Link

KUALA LUMPUR: Sunway Group has sealed a deal worth more than RM380mil, with Equalbase Pte Ltd acquiring two parcels of land spanning 64 acres in Sunway City Iskandar Puteri (SCIP), Johor, for the development of data centres.

In a statement, Sunway said the latest investment by Equalbase builds upon Equalbase Sunway 103°, a Sunway and Equalbase Group joint venture sitting on a Free Commercial Zone with a gross development value (GDV) of RM8bil for the carbon-neutral logistics hub in SCIP, Johor.