International construction cost survey 2012
International construction cost survey 2012
International construction cost survey 2012
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<strong>International</strong> <strong>construction</strong> <strong>cost</strong> <strong>survey</strong> <strong>2012</strong><br />
Malaysia<br />
The public sector <strong>construction</strong> market in Malaysia is expected to moderate with reduced<br />
government spending. However, several mega projects are announced including the Mass Rapid<br />
Transport programme, the Marina Island Pangkor 2nd <strong>International</strong> Resort and Entertainment<br />
Island, and various energy sector developments. There is increasing demand for space from<br />
SMEs in the industrial sector mainly in the automotive, energy, electrical and logistics sectors.<br />
The new 1Malaysia housing programme, an affordable housing development aimed at the<br />
middle-income group, should boost the residential market. Commercial office and retail<br />
<strong>construction</strong> should also benefit as a result of this activity.<br />
22 Turner & Townsend<br />
Malaysia – international building <strong>cost</strong>s per m2 of internal area<br />
2008 2009 2010 2011 2011<br />
MYR MYR MYR MYR USD<br />
Residential<br />
Detached house – medium standard 1,436 1,400 1,500 1,800 589<br />
Detached house – prestige 1,897 1,850 1,980 2,300 753<br />
Townhouse – medium standard 974 950 1,000 1,200 393<br />
Apartments – private medium density 1,169 1,140 1,200 1,400 458<br />
Apartments – high rise 1,538 1,500 1,700 2,000 655<br />
Aged care/affordable units<br />
Commercial<br />
1,250 1,220 1,310 1,500 491<br />
Offices – business park 1,957 1,900 2,000 2,300 753<br />
CBD offices up to 20 floors – medium 2,575 2,500 2,600 3,000 982<br />
CBD offices – prestige<br />
Warehouses<br />
3,605 3,500 3,700 4,200 1,375<br />
Warehouse/factory unit – basic 1,228 1,200 1,250 1,400 458<br />
Large warehouse distribution centre 1,536 1,500 1,600 1,800 589<br />
High-tech factory/laboratory<br />
Retail<br />
2,560 2,500 2,600 3,000 982<br />
Large shopping centre including mall 3,021 3,000 3,200 3,400 1,113<br />
Neighbourhood including supermarket 2,517 2,500 2,700 2,900 949<br />
Prestige car showroom<br />
Hotels<br />
3,323 3,300 3,500 3,700 1,211<br />
Three-star travellers 3,525 3,500 3,600 3,800 1,244<br />
Five-star luxury 6,042 6,000 6,200 6,600 2,160<br />
Resort style<br />
Hospitals<br />
6,300 6,250 6,450 6,900 2,259<br />
Day centre 1,611 1,600 1,700 1,800 589<br />
Regional hospital 2,115 2,100 2,200 2,400 786<br />
General hospital<br />
Schools<br />
2,366 2,350 2,500 2,700 884<br />
Primary and secondary 805 800 850 900 295<br />
University<br />
Carparks<br />
3,021 3,000 3,200 3,400 1,113<br />
Multistorey – above ground 1,008 1,000 1,150 1,200 393<br />
Multistorey – below ground<br />
Airports<br />
1,511 1,500 1,600 1,700 556<br />
Airport terminal 4,600 4,500 4,700 5,000 1,637<br />
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