International construction cost survey 2012

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Malaysia – hourly cost of labour (including overheads) Malaysia – major projects MYR Greater KL Mass Rapid Transit 40bn Warisan Merdeka 100-Storey Tower 5bn Support for Corridors 853bn Development of 1,084 hectare Malaysian Rubber Board Land, Sungai Buloh 10bn Kuala Lumpur International Financial District (KLIFD) 26bn 2010 2011 2011 MYR MYR USD Group 1 tradesman – eg plumber, electrician 19 20 7 Group 2 tradesman – eg carpenter, bricklayer 15 15 5 Group 3 tradesman – eg carpet layer, tiler, plasterer 19 20 7 General labourer 10 10 3 Site foreman 50 55 18 Malaysia – costs of materials Concrete 30 mpa (m3 ) (1,500m3 job) 230 230 75 Reinforcement bar 16mm (tonne) (120 tonne job) 2,900 3,220 1,054 Concrete block (400 x 200) per 1,000 (>10,000 block job) 3,600 3,980 1,303 Standard brick per 1,000 360 400 131 Structural steel beams (tonne) (>100 tonne job) 4,000 4,420 1,447 Glass pane 6mm (m2 ) 188 189 62 Softwood timber for framing 100mm x 50mm (m) 25 34 11 Plasterboard 13mm (m2 ) 25 26 9 Emulsion paint (litre) 38 39 13 Copper pipe 15mm (m) (>1,000m job) 24 27 9 Copper cable (m) (3C + E, 2.5mm PVC) (>100,000m job) 15 16 5 Malaysia – key trades (excluding preliminaries and builders’ margins) Excavate basement (m3 ) (1,800m3 job) 27 28 9 Excavate footings (m) 32 33 11 Concrete in slab (m3 ) (1,500m3 job) 332 339 111 Reinforcement in beams (tonne) 3,507 3,578 1,171 Formwork to soffit of slab (m2 ) 50 51 17 Blockwork in wall (m2 ) (10,000 block job) 67 68 22 Structural steel beams (tonne) 6,500 6,632 2,171 Pre-cast concrete wall (m2 ) – – – Curtain wall glazing incl support system (m2 ) (1,000m2 job) 400 408 134 Plasterboard 13mm thick to stud wall (m2 ) (3,000m2 job) 90 92 30 Single solid core door incl frame and hardware (no) (50 door job) 800 816 267 Painting to walls primer + 2 coats (m2 ) 8 8 3 Ceramic tiling (m2 ) (1,000m2 job) 110 112 37 Vinyl flooring to wet areas (m2 ) (500m2 job) 98 100 33 Carpet medium tufted (m2 ) (4,500m2 job) 90 92 30 Lighting installation (m2 ) (>5,000m2 job) 150 153 50 Copper pipe 15mm to wall (m) (>1,000m job) 78 80 26 Fire sprinklers (per m2 ) (5,000m2 job) 100 102 33 Air conditioning incl main plant (m2 ) (>5,000m2 job) 300 306 100 making the difference 23 This document is in the public domain and is shared here by RSS Construction Projects Ltd - www.rssprojects.com
International construction cost survey 2012 Russia Russia has had a positive year in 2011 with overall GDP rising by 5.1 percent year-on-year by the third quarter 2011. The main reason for the increase is due to the continuing strong commodity prices in the oil and gas, and mining sectors. However, the construction market remains quite depressed relative to the years before the GFC. The main sectors showing renewed growth include industrial and infrastructure and the commercial retail and logistics sectors. These are predicted to grow significantly throughout 2012. Construction prices generally remain depressed and provide good value for money in the market. While some sectors in construction are growing, the overall spare capacity in the supply chain is projected to keep construction inflation below five percent in 2012. 24 Turner & Townsend Russia – international building costs per m2 of internal area 2008 2009 2010 2011 2011 RUB RUB RUB RUB USD Residential Detached house – medium standard 28,500 30,000 31,000 32,000 1,091 Detached house – prestige 57,000 60,000 62,000 57,000 1,943 Townhouse – medium standard 23,750 25,000 27,900 35,000 1,193 Apartments – private medium density 47,500 50,000 43,400 45,000 1,534 Apartments – high rise 57,000 60,000 55,800 57,000 1,943 Aged care/affordable units Commercial 47,500 50,000 43,400 43,000 1,466 Offices – business park 37,620 39,600 43,400 44,000 1,500 CBD offices up to 20 floors – medium 50,160 52,800 49,600 50,000 1,705 CBD offices – prestige Warehouses 62,700 66,000 55,800 57,000 1,943 Warehouse/factory unit – basic 20,425 21,500 23,250 25,000 852 Large warehouse distribution centre 24,510 25,800 26,350 26,000 886 High-tech factory/laboratory Retail 56,700 57,000 58,250 60,000 2,045 Large shopping centre including mall 40,641 42,780 46,500 47,000 1,602 Neighbourhood including supermarket 29,803 31,372 34,100 30,000 1,023 Prestige car showroom Hotels 28,500 30,000 37,200 38,000 1,295 Three-star travellers 56,430 59,400 62,000 63,000 2,148 Five-star luxury 70,538 74,250 77,500 75,000 2,557 Resort style Hospitals 64,645 69,100 73,000 70,000 2,386 Day centre 37,500 40,000 42,500 51,000 1,739 Regional hospital 50,000 53,000 51,000 75,000 2,557 General hospital Schools 65,000 68,000 70,000 60,000 2,045 Primary and secondary 45,000 48,000 49,000 50,000 1,705 University Carparks 50,000 54,000 57,000 63,000 2,148 Multistorey – above ground 21,300 22,355 23,250 23,000 784 Multistorey – below ground Airports 17,000 18,000 26,350 31,000 1,057 Airport terminal 90,000 96,000 100,000 105,000 3,580 This document is in the public domain and is shared here by RSS Construction Projects Ltd - www.rssprojects.com
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International construction cost survey 2012

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