Latest news with #Cheam
Yahoo
06-07-2025
- Business
- Yahoo
The 1.25million five-bed Sutton house with original features and own pub
A five-bedroom Edwardian semi-detached house is for sale in Cheam's Landseer Conservation area for £1.25 million. Listed by James Bailey Sales & Lettings, the Derby Road property covers 2,306 square feet and features modern updates alongside original period elements. The home includes a front reception room with a feature fireplace and an open-plan kitchen, dining, and lounge area. Reception room at the front of the house featuring a fireplace and traditional proportions (Image: James Bailey Sales & Lettings) It also has a downstairs utility room and shower room. A notable feature is the private garden, which includes a patio area and a summer house. Outbuilding currently used as a pub and games room, with power, heating, and air conditioning (Image: James Bailey Sales & Lettings) Currently, the summer house is set up as a pub and games room called 'Sullys', however, it is a fully insulated space with power, heating and air conditioning, allowing it to be repurposed for any use. Private rear garden with patio area and access to an insulated summer house (Image: James Bailey Sales & Lettings) The first floor has three large double bedrooms, a single bedroom, and a family bathroom. The master bedroom, located on the top floor, boasts a large storage cupboard, walk-in wardrobe, and en-suite shower room. The home is described as having an "abundance of character" with modern touches throughout. Extended ground floor space combining kitchen, dining, and lounge areas with access to the rear garden (Image: James Bailey Sales & Lettings) The property includes off-street parking for two cars and unrestricted road parking for guests. The location is a key selling point, with Derby Road being one of the most sought-after roads in the area. The house is within a mile of 18 local schools, making it ideal for families. Cheam national rail station is 0.3 miles away, providing a direct service to Balham, Clapham Junction, London Victoria, and London Bridge. Read more Southern trains through Croydon to get cancelled as temperatures soar this week The most expensive streets to live on in Carshalton revealed Croydon named the 'unhappiest place to live' in south London Can my neighbour hang or attach things to my fence? Check the rules The property has an EPC Rating of D and is freehold. James Bailey Sales & Lettings describes it as an "incredible five-bedroom Edwardian semi-detached family home" with "sensational open-plan living". The listing also highlights the master dressing room, utility room, and summer house. The house is priced at £542 per square foot, with potential buyers advised to see how much they could borrow for the purchase. For more details or to arrange a viewing, interested parties can contact the estate agent directly.
Time of India
01-07-2025
- Business
- Time of India
Malaysia data centres battle higher power costs, unclear pricing
The operators of energy-hungry data centres in Malaysia are scrambling to reassess costs after steeper-than-expected power tariffs kicked in on Tuesday, industry players said, clouding prospects for the Southeast Asian hub of digital investments. Competitive rates for electricity, which forms the bulk of operating costs, make Malaysia a magnet for data centres compared to land-scarce neighbour Singapore, luring billions of dollars in investment from companies like Microsoft and Google. The tariff hike unveiled in December, with details fleshed out last month, could boost electricity costs by 10% to 14% before surcharges for major consumers such as data centres, an industry official and a government official said. A key element of the uncertainty stems from the bands used to calculate power bills in the tiered pricing system, with industry players saying most major centres are expected to fall in the ultra-high voltage category with the highest tariffs. With many in the industry unprepared for the scale of increases, some investors may now adopt a wait-and-watch approach, said Gary Goh, founder and director of data centre advisory firm Sprint DC Consulting. "For a 100-megawatt (MW) facility, this could translate to an additional $15 million to $20 million per year without considering fuel surcharge," he added. The government plans to announce a fuel surcharge every month that reflects changes in fuel prices and foreign exchange. This month the surcharge stands at zero, state grid operator Tenaga Nasional Berhad (TNB) said on its website on Tuesday. Malaysia is set for the region's fastest surge in data centre power demand, tripling to 21% by 2027 from 7% in 2022, a joint report in May by consultancy Bain & Co and firms such as Google and Singapore's state-owned Temasek showed. The new tariff structure means operators of big data centre operators will now account for a higher share of grid management costs than smaller peers, said Cheam Tat Inn, managing director of the Malaysian arm of U.S. operator Equinix. "If you are a large data centre, then you pay for a bigger share of the infrastructure or distribution network costs," Cheam said. Equinix, with two data centres in Malaysia, was looking at various providers of alternative energy in anticipation of higher tariffs, Cheam said last month. Tenaga declined to comment, directing queries to Malaysia's Energy Commission, which did not immediately respond to requests for comment. Prime Minister Anwar Ibrahim has defended the increases as necessary to boost social spending. Until now, Malaysia had used lower power prices and a stable power grid to lure investment in data centres. But tariff hikes could drive investment towards neighbouring Vietnam and Thailand, said Mahadhir Aziz, president of the Data Centre Association of Malaysia, which groups firms such as Bridge, AirTrunk and DayOne, as well as Equinix. "The government would have to look at this now, at least regionally," he added. "Data centres or digital infrastructure business, while they may have invested in land and buildings here, can actually still reconsider their investments."
Business Times
01-07-2025
- Business
- Business Times
Malaysia data centres battle higher power costs, unclear pricing
[KUALA LUMPUR] The operators of energy-hungry data centres in Malaysia are scrambling to reassess costs after steeper-than-expected power tariffs kicked in on Tuesday (Jul 1), industry players said, clouding prospects for the South-east Asian hub of digital investments. Competitive rates for electricity, which forms the bulk of operating costs, make Malaysia a magnet for data centres compared to land-scarce neighbour Singapore, luring billions of US dollars in investment from companies like Microsoft and Google. The tariff hike unveiled in December, with details fleshed out last month, could boost electricity costs by 10 to 14 per cent before surcharges for major consumers such as data centres, an industry official and a government official said. A key element of the uncertainty stems from the bands used to calculate power bills in the tiered pricing system, with industry players saying most major centres are expected to fall in the ultra-high voltage category with the highest tariffs. With many in the industry unprepared for the scale of increases, some investors may now adopt a wait-and-watch approach, said Gary Goh, founder and director of data centre advisory firm Sprint DC Consulting. 'For a 100-megawatt (MW) facility, this could translate to an additional US$15 million to US$20 million per year without considering fuel surcharge,' he added. A NEWSLETTER FOR YOU Friday, 8.30 am Asean Business Business insights centering on South-east Asia's fast-growing economies. Sign Up Sign Up The government plans to announce a fuel surcharge every month that reflects changes in fuel prices and foreign exchange. This month the surcharge stands at zero, state grid operator Tenaga Nasional Berhad (TNB) said on its website on Tuesday. Malaysia is set for the region's fastest surge in data centre power demand, tripling to 21 per cent by 2027 from 7 per cent in 2022, a joint report in May by consultancy Bain and firms such as Google and Singapore's state-owned Temasek showed. The new tariff structure means operators of big data centre operators will now account for a higher share of grid management costs than smaller peers, said Cheam Tat Inn, managing director of the Malaysian arm of US operator Equinix. 'If you are a large data centre, then you pay for a bigger share of the infrastructure or distribution network costs,' Cheam said. Equinix, with two data centres in Malaysia, was looking at various providers of alternative energy in anticipation of higher tariffs, Cheam said last month. Tenaga declined to comment, directing queries to Malaysia's Energy Commission, which did not immediately respond to requests for comment. Prime Minister Anwar Ibrahim has defended the increases as necessary to boost social spending. Until now, Malaysia had used lower power prices and a stable power grid to lure investment in data centres. But tariff hikes could drive investment towards neighbouring Vietnam and Thailand, said Mahadhir Aziz, president of the Data Centre Association of Malaysia, which groups firms such as Bridge, AirTrunk and DayOne, as well as Equinix. 'The government would have to look at this now, at least regionally,' he added. 'Data centres or digital infrastructure business, while they may have invested in land and buildings here, can actually still reconsider their investments.' REUTERS
The Star
01-07-2025
- Business
- The Star
Malaysia data centres battle higher power costs, unclear pricing
Liquid cooled servers in an installation at the Global Switch Docklands data centre campus in London, UK. As steep power tariff hikes hit data centres in Malaysia, unclear price bands fuel industry uncertainty and fears that higher costs could erode competitiveness against neighbours. — Bloomberg KUALA LUMPUR: The operators of energy-hungry data centres in Malaysia are scrambling to reassess costs after steeper-than-expected power tariffs kicked in on July 1, industry players said, clouding prospects for the South-East Asian hub of digital investments. Competitive rates for electricity, which forms the bulk of operating costs, make Malaysia a magnet for data centres compared to land-scarce neighbour Singapore, luring billions of dollars in investment from companies like Microsoft and Google. The tariff hike unveiled in December, with details fleshed out last month, could boost electricity costs by 10% to 14% before surcharges for major consumers such as data centres, an industry official and a government official said. A key element of the uncertainty stems from the bands used to calculate power bills in the tiered pricing system, with industry players saying most major centres are expected to fall in the ultra-high voltage category with the highest tariffs. With many in the industry unprepared for the scale of increases, some investors may now adopt a wait-and-watch approach, said Gary Goh, founder and director of data centre advisory firm Sprint DC Consulting. "For a 100-megawatt (MW) facility, this could translate to an additional US$15mil to US$20mil per year without considering fuel surcharge," he added. The government plans to announce a fuel surcharge every month that reflects changes in fuel prices and foreign exchange. This month the surcharge stands at zero, state grid operator Tenaga Nasional Berhad (TNB) said on its website on Tuesday. Malaysia is set for the region's fastest surge in data centre power demand, tripling to 21% by 2027 from 7% in 2022, a joint report in May by consultancy Bain & Co and firms such as Google and Singapore's state-owned Temasek showed. The new tariff structure means operators of big data centre operators will now account for a higher share of grid management costs than smaller peers, said Cheam Tat Inn, managing director of the Malaysian arm of US operator Equinix. "If you are a large data centre, then you pay for a bigger share of the infrastructure or distribution network costs," Cheam said. Equinix, with two data centres in Malaysia, was looking at various providers of alternative energy in anticipation of higher tariffs, Cheam said last month. Tenaga declined to comment, directing queries to Malaysia's Energy Commission, which did not immediately respond to requests for comment. Prime Minister Anwar Ibrahim has defended the increases as necessary to boost social spending. Until now, Malaysia had used lower power prices and a stable power grid to lure investment in data centres. But tariff hikes could drive investment towards neighbouring Vietnam and Thailand, said Mahadhir Aziz, president of the Data Centre Association of Malaysia, which groups firms such as Bridge, AirTrunk and DayOne, as well as Equinix. "The government would have to look at this now, at least regionally," he added. "Data centers or digital infrastructure business, while they may have invested in land and buildings here, can actually still reconsider their investments." – Reuters
Time of India
01-07-2025
- Business
- Time of India
Malaysia data centres battle higher power costs, unclear pricing
Academy Empower your mind, elevate your skills The operators of energy-hungry data centres in Malaysia are scrambling to reassess costs after steeper-than-expected power tariffs kicked in on Tuesday, industry players said, clouding prospects for the Southeast Asian hub of digital rates for electricity, which forms the bulk of operating costs, make Malaysia a magnet for data centres compared to land-scarce neighbour Singapore, luring billions of dollars in investment from companies like Microsoft and tariff hike unveiled in December, with details fleshed out last month, could boost electricity costs by 10% to 14% before surcharges for major consumers such as data centres, an industry official and a government official said.A key element of the uncertainty stems from the bands used to calculate power bills in the tiered pricing system, with industry players saying most major centres are expected to fall in the ultra-high voltage category with the highest many in the industry unprepared for the scale of increases, some investors may now adopt a wait-and-watch approach, said Gary Goh, founder and director of data centre advisory firm Sprint DC Consulting."For a 100-megawatt (MW) facility, this could translate to an additional $15 million to $20 million per year without considering fuel surcharge," he government plans to announce a fuel surcharge every month that reflects changes in fuel prices and foreign exchange. This month the surcharge stands at zero, state grid operator Tenaga Nasional Berhad (TNB) said on its website on is set for the region's fastest surge in data centre power demand, tripling to 21% by 2027 from 7% in 2022, a joint report in May by consultancy Bain & Co and firms such as Google and Singapore's state-owned Temasek new tariff structure means operators of big data centre operators will now account for a higher share of grid management costs than smaller peers, said Cheam Tat Inn, managing director of the Malaysian arm of U.S. operator Equinix."If you are a large data centre, then you pay for a bigger share of the infrastructure or distribution network costs," Cheam with two data centres in Malaysia, was looking at various providers of alternative energy in anticipation of higher tariffs, Cheam said last declined to comment, directing queries to Malaysia's Energy Commission, which did not immediately respond to requests for comment. Prime Minister Anwar Ibrahim has defended the increases as necessary to boost social now, Malaysia had used lower power prices and a stable power grid to lure investment in data tariff hikes could drive investment towards neighbouring Vietnam and Thailand, said Mahadhir Aziz, president of the Data Centre Association of Malaysia, which groups firms such as Bridge, AirTrunk and DayOne, as well as Equinix."The government would have to look at this now, at least regionally," he added."Data centres or digital infrastructure business, while they may have invested in land and buildings here, can actually still reconsider their investments."
