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Google Elmina 2 (SDP EBP Asset II) data center

Sungai Buloh (City of Elmina), Selangor, Malaysia · Klang Valley market · location approximate to district level

Google Elmina 2 (SDP EBP Asset II) is a data center project in Sungai Buloh (City of Elmina), Malaysia, operated by Google (Pearl Computing Malaysia). It is under construction. The operator has not published a capacity figure, and ArusGrid does not estimate one.

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Stage
Under construction
Planned IT load
Not published
Running now
Not disclosed
Operator
Google (Pearl Computing Malaysia)
Hyperscaler self-build
AI workloads
Likely
Evidence grade
Corroborated
Will it get built?Leaning yes5 of 7 gates passed
✓ Land secured○ Power arranged✓ Approvals granted✓ Money committed✓ Tenant or own use○ Builder appointed✓ Construction started

Next gate to watch: Power arranged.

Your call. Will it be built?

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.

How well evidenced is it

Construction or financing is evidenced, or several independent signals agree. On record: named funder, committed or approved capital, three or more sources, dated source in the last 24 months. Criteria.

AI workloads

StatusLikely

Second Google hyperscale building at Elmina, sister to $2B first campus

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.

Who is behind it

OperatorGoogle (Pearl Computing Malaysia) · Hyperscaler self-build
Funder, Joint venture partnerSime Darby Property (EBP Asset II)

Who uses the compute

Own use · hyperscalerGoogle (Pearl Computing Malaysia Sdn Bhd) · confirmed

Full facility, 77 acres Elmina Business Park Phase 2, 20-year lease, rent up to RM5.6bn, completion target Dec 2027 · as of 2024-12-02

DCD reports Sime Darby Property's second Bursa-announced build-and-lease with Pearl Computing Malaysia Sdn Bhd (subsidiary of Raiden APAC Pte Ltd), 77 acres at Elmina Business Park Phase 2, RM5.6bn over the initial 20-year term, and calls Pearl 'Google-affiliated'. IJM's RM874m M&E fit-out award (The Edge, 2025-10-29) names Pearl Computing as end-user at Elmina.

Source · Malaysia's Sime Darby Property leases more land to Google for second data center (DCD, 2024-12-02)

Source · IJM lands another data centre contract at Elmina Business Park, this time worth RM874m (The Edge Malaysia, 2025-10-29)

Money at this site

Announced investment, 2026-04RM658m (about US$148m)

Colocation price per kW of IT load per month

Build-to-suit lease on record, grade ANo per kW figure

Sime Darby Property build-and-lease to Pearl Computing (Google), up to RM5.6bn over 20 years Electricity excluded. As of 2024-12. The Edge Malaysia reporting the Bursa filing, 2024-12-02

About RM280m a year. Analysts put the build at RM2.5bn to 3bn, a 9 to 11 percent gross yield on cost.

An own-use build. No colocation price applies.

Land
LandlordSime Darby Property Bhd · 77 acres · RM5.6bn (≈US$1.3bn) · leased · Dec 2024 Confirmed source ↗
Build-and-lease to Pearl Computing Malaysia Sdn Bhd, adjacent to first Elmina DC; 20yr + 2x5yr; rent up to RM5.6bn; completion 2027
Possibly linked
The source does not name the project, and more than one project we track fits. We show it on each of them and pin it to none.
UnconfirmedSJEE Engineering Sdn Bhd · Mechanical and electrical works · RM146.53m (≈US$33m) · Aug 2026 source ↗
This project is one of 2 that fit. The other is Google (Pearl Computing) Puncak Alam.
UnconfirmedTECO Electric & Machinery (via NCL Energy) · Mechanical and electrical works · RM170m (≈US$38m) · Jul 2025 source ↗
This project is one of 2 that fit. The other is Google (Pearl Computing) Elmina Data Centre & Cloud Region.

Sources

  1. theedgemalaysia.com
  2. businesstoday.com.my
  3. IJM secures RM658 mil data centre contract in Elmina Business Park (EdgeProp.my, 2026-04-01)
  4. IJM Construction secures RM1.26 billion contract for hyperscale data centre at Elmina Business Park (IJM Corporation Bhd, 2025-10-24)
  5. IJM Corp unit bags RM658mil data centre job in Selangor (New Straits Times, 2026-04-01)
  6. IJM wins RM874mil hyperscale data centre contract (The Star, 2025-10-29)
  7. Gamuda wins RM1.74 bil job to build Sime Darby Property’s hyperscale data centre at Elmina Business Park (Gamuda Bhd, 2024-05-24)

Same campus, Elmina Business Park

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