Privasia Silverstreams is a data center project in Bagan Datuk, Malaysia, operated by Privasia Technology. It is at the land and permitting stage. The published capacity figure is 35 MW, and its basis is not stated as IT load.
Latest change on record: entered the record as land and permitting on 7 September 2026. Record last checked against its sources on 21 October 2026.
Next gate to watch: Power arranged.
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.
Penang / North MY holds 7 active projects with 432 MW of planned IT load between them, and Privasia Silverstreams ranks 4th by planned capacity. Of those, 1 is operational, 1 is under construction, 1 is at the land and permitting stage and 4 are announced only. No third party publishes a colocation vacancy rate for Penang / North MY, and ArusGrid does not estimate one.
It is the only Privasia Technology project ArusGrid tracks. Named funding comes from Privasia Technology Bhd on the equity side. No user of the capacity is on the public record as of 2026-10-03, after a check of operator, landlord, contractor, regulator and lender documents. Most colocation leases are confidential, so this says nothing about occupancy.
The build is phased. Phase 1 (Inspur EPCC, RM569m) at 10 MW is announced with a 2027 target; Phase 2 at 25 MW is announced. The stage was recorded as at the land and permitting stage on 7 September 2026. The money on record is RM569m (about US$129m) as of December 2025, the announced investment.
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 7 public sources for this project, the latest dated 6 October 2026, and last checked the record on 21 October 2026.
Construction or financing is evidenced, or several independent signals agree. The rules are fixed and published on the Methodology page.
no cooling/density/tenant signal published
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 2026-10-03. 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.
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.
All projects in Penang / North MY · All projects in Malaysia · All projects at the land and permitting stage · Data center rules in Malaysia · Full directory
Project team on other projects: Inspur Communication Malaysia Sdn Bhd