AirTrunk JHB3 is a data center project in Iskandar Puteri, Malaysia, operated by AirTrunk. It has been announced and has not yet reached the land or permitting stage. It is planned for 138 MW of IT load.
Latest change on record: entered the record as announced on 30 April 2026. Record last checked against its sources on 22 October 2026.
Next gate to watch: Land secured.
Build odds is ArusGrid's reading of the public record, not a forecast, a rating or advice. It counts the gates this project has passed in public sources. Private progress does not show, a passed gate can be undone, and projects that pass every gate still stop. The method has not yet been tested against outcomes. How it works.
How Malaysia approves, powers and taxes data centers is on Data center rules in Malaysia.
Johor holds 43 active projects with 4,880 MW of planned IT load between them, and AirTrunk JHB3 ranks 16th by planned capacity. Of those, 3 are operational, 9 are operational and expanding, 11 are under construction, 1 is past financial close, 5 are at the land and permitting stage and 14 are announced only. Published colocation vacancy in Johor was 0.7% as of June 2026, on 897 MW of operational colocation capacity as counted by Cushman & Wakefield. Vacancy excludes hyperscaler self-build.
AirTrunk has 3 others in Malaysia and 8 projects elsewhere in the dataset tracked by ArusGrid, including AirTrunk JHB2, AirTrunk JHB1 and AirTrunk JHB4. It sits on the AirTrunk JHB3 campus. Named funding comes from Blackstone and CPP Investments on the equity side. No user of the capacity is on the public record as of 2026-10-01, after a check of operator, landlord, contractor, regulator and lender documents. Most colocation leases are confidential, so this says nothing about occupancy.
The stage was recorded as announced only on 30 April 2026. The money on record is RM12bn (about US$3.0bn) as of May 2026, the announced investment. Power comes from Not named through a dedicated substation at 275 kV. Cooling uses reclaimed water.
Grid power for a large industrial user in Malaysia costs about US$0.14 per kWh as of July 2025, the country figure ArusGrid applies where a site has no published rate. The US export control position for advanced AI chips in Malaysia, as of 27 September 2026, is recorded as “No US destination-based licence requirement as enforced”. ArusGrid holds 6 public sources for this project, the latest dated 8 July 2026, and last checked the record on 22 October 2026.
Construction or financing is evidenced, or several independent signals agree. The rules are fixed and published on the Methodology page.
recycled-water AI-era design per operator
This country carries no US destination-based licence requirement for advanced AI chips as the rules are enforced today. Access is a commercial matter between the project and its vendors. Criteria are published on the Methodology page.
No US destination-based licence requirement as enforced · No US destination-based licence requirement as enforced (2026-09-27) source
Checked on 2026-10-01. No user of this capacity is on the public record. ArusGrid read the operator's releases, the landlord's and contractors' exchange filings, regulator and lender documents and interconnection records. Most colocation leases are confidential, so this says nothing about occupancy.
The figure covers several facilities.
Platform capital spans several sites. It is never added to this project's own figure.
No published price band exists for Malaysia, and ArusGrid does not estimate from the regional benchmark alone. What was searched is listed on the Colo prices page.
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