BDx Data Centers (BDx) has made headlines with its recent acquisition of the freehold of OneTen Paya Lebar, which serves as the site for its flagship SIN1 data center. This strategic move, purchased from the Hwa Hong Corporation Group, follows BDx’s successful securing of a US$155 million facility from DBS Bank and OCBC.
The majority of the financing obtained will be allocated towards acquiring the SIN1 freehold, with the remaining funds designated for general corporate purposes and regional plans. By taking full ownership of the 14,400 square-meter SIN1 site, BDx gains greater flexibility in redeveloping the data center to cater to the evolving needs of its clientele, spanning from hyperscalers to enterprises, and to pursue further expansion opportunities.
The impending relocation of the nearby Paya Lebar Air Base, set to commence in 2030, is expected to expedite BDx’s expansion plans due to the lifting of building height restrictions in the area.
Mayank Srivastava, CEO of BDx, emphasized that the freehold acquisition of SIN1 signifies more than just an expansion of their physical footprint. It underscores their enduring commitment to Singapore and the broader region, renowned for its surging demand for data center services driven by advancements in cloud computing and generative AI technologies.
BDx’s SIN1 data center, nestled within Singapore’s Paya Lebar district, has long been a cornerstone of its service offering in the region. Acquired by the company in 2020, SIN1 has undergone significant upgrades over the past four years. These enhancements include an expansion from three to seven floors, a substantial increase in grid power and IT capacity, and a comprehensive upgrade to the design specifications to align with hyperscaler requirements.