Latest news with #SungaiSamakEstate


USA Today
14-07-2025
- Business
- USA Today
Land For Sale In Tanjong Malim's New Tech Valley For AI Data Center Investment
Kuala Lumpur, Federal Territory / Syndication Cloud / May 7, 2025 / Sungai Samak Estate Tanjong Malim has witnessed some huge changes over the years – from humble beginnings as an 18th-century trading post to its growing role as one of Malaysia's most vibrant tech hubs. Want the lowdown on whys, hows, and wheres of investing in the region? Visit real estate investment consultancy Sungai Samak Estate's site to explore the future of technology and economic development in Tanjong Malim and learn how you can get involved! More details at Don't Know Much About Tanjong Malim? Explore the town's rich history and discover key events that demonstrate the town's spirit and resilience. For example, it endured and survived the Japanese occupation from 1941 to 1945 and the Communist Insurgency from 1948 to 1960, rising to meet the challenges of the times. The town's current economic boom reflects its ongoing commitment to progress and innovation. Prime Positioning According to the guide, the town is set to benefit from high-speed railway links to Port Klang and Proton City and developer DRB-HICOM's plans to turn Tanjong Malim into the 'Detroit of ASEAN' through its Automotive High Technology Valley (AHTV) project. These developments will bring a huge influx of workers and speed up the already rapidly rising economic growth in the area. Want to be a part of it? The company explains how these developments will see the area's population rise by around 50,000 by 2027, bolstering demand for housing, retail, and other consumer amenities. A 400-acre development is underway adjacent to the AHTV plant, featuring smart urban planning and over 6,000 commercial and residential units. What About Data Center Provision? Tanjong Malim is a prime spot for data center investment. Developers, tech companies, and investment companies such as Bain Capital are drawn to its perfect location, growing infrastructure, and affordable land. The town's progressive ethos is also seen in the growth of its AI and robotics sector. A Sungai Samak Estate spokesperson says, 'Tanjong Malim can shape the future with Malaysia's first AI & Robotics University, built on a legacy of excellence from the 100+ year-old Sultan Idris Teachers Training University. Backed by industry, it will drive AI and STEM breakthroughs, revolutionizing manufacturing and automation.' What Investment Opportunities Are There? The company highlights the availability of five 376-acre plots of land – located 10 minutes from the center of Tanjong Malim – as an ideal opportunity for investors hoping to share in the success of the region's economic transformation. Be part of Malaysia's hi-tech future with Sungai Samak Estate! For more info, go to Sungai Samak Estate 2 Jalan Sempurna off Jalan Gombak Kuala Lumpur Federal Territory 53000 Malaysia

Associated Press
03-04-2025
- Business
- Associated Press
Sungai Sumak Estate Announces 5 Plots Of Land Near Tanjong Malim For AI Industry
Sungai Samak Estate has announced the availability of 5 centrally-located plots of undeveloped land near Tanjong Malim, Malaysia. Kuala Lumpur, Malaysia, April 3, 2025 -- As the firm explains, this land is in a prime location for the development of industrial, manufacturing, or IT infrastructure, including AI data centers. With development and investment in the local tech industry on the rise, they suggest that these plots of land are a critical opportunity for those interested in becoming a part of the region's future. To find out more, visit Analysts predict that Tanjong Malim, which is already home to such developments as Proton City and the Automotive High-Tech Valley, could be worth billions by 2030. The region is especially favored by those developing AI technologies, given the massive data storage and processing requirements associated with that industry, and the all new-construction infrastructure that the region is home to. The initiatives to develop the area around Tanjong Malim into a next-generation tech hub have the full support of the Malaysian government, and of many of the largest tech companies. Google, for instance, has been eager to take advantage of the country's regulatory environment as they expand their AI operations globally. The 5 plots of land on offer from Sungai Samak Estate are located a few kilometers from the Tanjong Malim town center, and are connected via roadway and rail lines to essential infrastructure nearby. Together, the 5 plots cover 376 acres of land, all of which has been pre-zoned for mixed-use development. Sungai Samak Estate explains that companies who invest in this land will have access to a rapidly growing labor market in addition to the other advantages already mentioned. Over 50,000 workers and their families are projected to arrive in the area in the next 2 years in order to support this rapidly growing industry. A spokesperson for Sungai Sumak Estate summarized the situation as follows, 'With ample land, reliable resources, and a commitment to technological advancement, Tanjong Malim is well-equipped to lead the AI data center revolution in Malaysia and beyond. The convergence of infrastructure, affordability, sustainability, and skilled talent makes it the logical choice for investors looking to build the next generation of AI-driven data centers in Southeast Asia.' A detailed map of the 5 available plots of land, including GPS coordinates, is available on the Sungai Sumak website. Those interested in this opportunity can read more about upcoming tech industry projects in the region at the link below. Contact Info: Name: Holly Lim Email: Send Email Organization: Sungai Samak Estate Address: 2 Jalan Sempurna off Jalan Gombak , Kuala Lumpur, Federal Territory 53000, Malaysia In the event of detecting errors, concerns, or irregularities in the content shared in this press release that require attention or if there is a need for a press release takedown, we kindly request that you inform us promptly by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our dedicated team will promptly address your feedback within 8 hours and take necessary actions to resolve any identified issues diligently or guide you through the removal process. Providing accurate and dependable information is our utmost priority.