ST Telemedia to build largest Singapore facility in Loyang costing $350 mil
SINGAPORE (Dec 10): ST Telemedia Global Data Centres (STT GDC) is beginning construction at the more than $350 million STT Loyang, their largest data centre facility in Singapore to date, and the group’s seventh facility locally.
STT Loyang will boast an IT load capacity of 35MW and its construction will begin in early 2019 on the five-story facility at Loyang Way, with Gross Floor Area (GFA) of over 290,000 sf and Net Lettable Area (NLA) of 107,000 sf. STT Loyang is expected to be completed by mid-2020.
The new Tier III DC facility will provide high levels of redundancy in terms of power, storage, compute and network capacity to ensure smooth operations in the event of any unforeseen circumstances. It will also be Threat Vulnerability Risk Assessment (TVRA)-certified to the highest level to offer the most secure operational environment.
Public cloud spending in Asia Pacific excluding Japan is expected to hit US$15.08 billion ($20.7 billion) by the end of this year, a year-on-year increase of 35.66% over 2017, according to research firm IDC Asia/Pacific. Similarly, the compound annual growth rate (CAGR) for cloud spending in the region between 2016 to 2021 is forecast to hit 32.58%.
