I wonder what the cost of a datacenter within Singapore is? The cost per sq/m in that country, which is the most expensive in the world, must be huge.
(I guess over time those should converge, but sometimes takes a while or doesn’t)
Power is the killer, and it's doubly bad. Not only is it expensive, you're using a lot of power to keep things cool given ambient temp fluctuates typically between 24-33C, 60%-90%Rh 24/7.
There was a moratorium on new DC builds in Singapore, so there's also a huge demand/premium on rack space in SG.