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Keppel Data Centre Campus (KDC SGP7/8/9)

Singapore, Singapore · Singapore market

Keppel Data Centre Campus (KDC SGP7/8/9) is a data center project in Singapore, operated by Keppel Data Centres. It is operational and expanding. The operator has not published a capacity figure, and ArusGrid does not estimate one.

Latest change on record: entered the record as expanding on 30 July 2026. Record last checked against its sources on 13 October 2026.

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Stage
Expanding
Planned IT load
Not published
Running now
Not disclosed
Operators rarely publish this
Operator
Keppel Data Centres
Colocation
AI workloads
Confirmed
Evidence grade
Verified
Will it get built?Built7 of 7 gates passed
✓ Land secured✓ Power arranged✓ Approvals granted✓ Money committed✓ Tenant or own use✓ Builder appointed✓ Construction started

This project is built or running, so every gate counts as passed.

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 Singapore approves, powers and taxes data centers is on Data center rules in Singapore.

Where it sits

Singapore holds 39 active projects with 874 MW of planned IT load between them, and Keppel Data Centre Campus (KDC SGP7/8/9) has no published figure so it sits outside that ranking. Of those, 27 are operational, 3 are operational and expanding, 3 are under construction, 1 is past financial close and 5 are announced only. Published colocation vacancy in Singapore was 4.9% as of December 2025, on 1,043 MW of operational colocation capacity as counted by Cushman & Wakefield. Vacancy excludes hyperscaler self-build.

Keppel has 8 others in Singapore and 1 project elsewhere in the dataset tracked by ArusGrid, including Keppel DC SGP 11, Jurong Island (DC-CFA2), Keppel Floating Data Centre and DC1. It sits on the Genting Lane campus. Named funding comes from Keppel DC REIT and Cuscaden Peak Investments on the equity side. No tenant has been disclosed, which is normal for colocation and says nothing about occupancy.

The build is phased. KDC SGP7 is operational with a 2024 target; KDC SGP8 is operational with a 2024 target; KDC SGP9 is under construction. The stage was recorded as operational and expanding on 30 July 2026.

Grid power for a large industrial user in Singapore costs about US$0.20 per kWh as of July 2026, the country figure ArusGrid applies where a site has no published rate. The US export control position for advanced AI chips in Singapore, 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 30 July 2026, and last checked the record on 13 October 2026.

How well evidenced is it

Running capacity. The site is operational or expanding. The rules are fixed and published on the Methodology page.

Named funderYes
Disclosed client (confirmed)Yes
Committed or approved capitalNo
Dated, sized phaseNo
Three or more sourcesYes
Dated source in the last 24 monthsYes

AI workloads

StatusConfirmed

marketed AI-ready hyperscale (SGP7/8)

Access to AI chips

GradeNo US licence required

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.

US licence required for this destination as enforcedNo
A party headquartered in China or Macau on the projectNo
Country-level export frameworkNo
A party named in a government authorisationNo
US approved operator or confirmed client on the projectNo
Named chip-vendor partnershipNo

No US destination-based licence requirement as enforced · No US destination-based licence requirement as enforced (2026-09-27) source

Phases

KDC SGP7 · OperationalSize not published, target 2024
KDC SGP8 · OperationalSize not published, target 2024
KDC SGP9 · Under constructionSize not published

Stage history

2026-07-30Expanding · keppel.com

Who is behind it

OperatorKeppel Data Centres · Colocation
Funder, EquityKeppel DC REIT
Funder, EquityCuscaden Peak Investments

Who uses the compute

Tenant · hyperscalerUndisclosed global hyperscalers (SGP7 and SGP8, 100% contracted) · confirmed

100% of KDC SGP 7 and KDC SGP 8 contracted on colocation terms, WALE 3.9 and 5.0 years, contracts signed 2020 to 2022 · as of 2024-11-19

Keppel DC REIT's SGX transaction announcement for the acquisition of KDC SGP 7 and 8 states both are 100% contracted to 'well-established global hyperscale customers' on colocation contracts (4 and 3 customers), rents 15% to 20% below market. FY2025 results (2 Feb 2026) show both still 100% occupied with 4 clients each. No name is given in either document.

Source · Announcement: (1) The proposed acquisition of KDC SGP 7 and KDC SGP 8 (Keppel DC REIT via SGXNet, 2024-11-19)

Source · Second Half and Full Year 2025 Financial Results 30 January 2026 (Keppel DC REIT, 2026-01-30)

Platform deals that include it

Keppel DC REIT acquisition of SGP7/8
Platform acquisition, 2024-11
US$1.0bn

Platform capital spans several sites. It is never added to this project's own figure.

Colocation price per kW of IT load per month

Building facts on recordNo per kW figure

net property income S$94.6m a year, net property yield 9.1 percent on the S$1,030m agreed value, contracted rents 15 to 20 percent below market, no MW disclosed Electricity unstated. As of 2024-09. Keppel DC REIT Management, 2024-12-05

Keppel states no MW for any building, so no per kW figure can be published. On a directory figure of 38.7 MW the deal yield would imply about S$262 per kW per month, which is consistent with the circular's below-market statement, and is not published because a directory MW is not a source.

ArusGrid estimate, grade CUSD 261 to USD 373

ArusGrid estimate, grade C. Published band for this country. Priced on the hyperscale band, which already reflects anchor deals. No usable capex for this site. Electricity excluded in the band. An estimate, never a quote, computed by fixed rules published on the Colo prices page and never counted in any total.

market band, hyperscale (2024-12)USD 261 to USD 373 datacenterHawk for NTT DC REIT, 2025-07-07
Project team
ArchitectAWP Pte Ltd · completed Confirmed source ↗
Keppel Data Centre Singapore 8
Cost consultant (quantity surveyor)Linesight Pte Limited · completed Confirmed source ↗
Keppel DC Singapore 8; listed as consultant, exact role not stated
Main contractorWoh Hup (Private) Limited · completed Confirmed source ↗
Keppel Data Centre Singapore 8, six-storey colocation DC
Land
LandlordJTC Corporation · S$350m (≈US$263m) · leasehold · Dec 2025 Confirmed source ↗
Covers KDC SGP 7 and SGP 8 only. Lease ran to 15 Jul 2040. A 10-year extension to 15 Jul 2050 received conditional approval for a S$350 million premium.

Sources checked 2026-10-13

  1. keppel.com
  2. datacenterdynamics.com
  3. Keppel’s business update for 1Q 2026 (Keppel, 2026-04-23)
  4. 1H 2026 Financial Results 30 July 2026 (Keppel Ltd, 2026-07-30)
  5. Keppel to build third AI data center in mid-2026 (W.Media, 2026-04-24)
  6. 1H 2026 Financial Results (Keppel Ltd (SGX), 2026-07-30)

More in Singapore

Also run by Keppel

Planned MW is IT load, the power available to servers, unless marked otherwise. Running capacity is rarely published, so a missing figure means undisclosed. Definitions, sourcing standards and evidence rules are on the Methodology page. Data is CC BY-NC 4.0. Corrections go to corrections@arusgrid.com. Dataset updated 2026-10-18.