Data centre investors are more concerned with power supply than land prices.
Power, not land prices, has become the biggest hurdle for data centre investors evaluating Thailand, as growing demand is increasingly constrained by limited electricity and water infrastructure, according to property consultancy Savills Thailand.Prapaporn Boonkajornkul, deputy managing director of the consultancy, said inquiries from overseas data centre investors remain steady, although the market is dominated by a small number of hyperscale operators requiring extensive infrastructure.
"Most inquiries originate from investors introduced by our overseas offices, including groups based in Singapore, China, Hong Kong, the US and Europe that have been evaluating Thailand against competing markets such as Indonesia," she said.
Several Chinese investors are exploring opportunities to develop projects independently, focusing on sites in the Eastern Economic Corridor (EEC), Samut Prakan, Ayutthaya and Saraburi.
While land prices remain a consideration, investors are prioritising access to reliable electricity, water supply and telecom infrastructure over acquisition costs.
