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Cost Handbook 2014 Malaysia
Cost Handbook 2014 Malaysia
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Apartment units with fit-out, including air-conditioning, kitchen cabinets and home
Apartment, high rise, average standard appliances, but excluding decorative light fittings and loose furniture.
Medium/high rise offices, average standard RC structure, curtain wall, including public area fit-out, tenant area with raised floor/
COMMERCIAL
High rise offices, prestige quality (Malaysia only) Average standard offices exclude tenant fitout.
Out-of-town shopping centre, average standard
Including public area fit-out and M&E, but excluding shop fit-out.
CONSTRUCTION COST DATA
Sports clubs, multi purpose sports/leisure centres (dry Dry sports (no swimming pool) and are for ‘leisure centre’ type schemes including
main sports hall, ancillary sports facilities, changing and showers, restaurant/cafe,
sports) with a/c and including FF&E bar, etc. Costs include Furniture, Fittings and Equipment (FF&E).
General hospital Excluding medical and operating equipment.
Notes:
1. The costs for the respective categories given above are averages based on fixed price competitive tenders. It must be understood that the actual cost
of a building will depend upon the design and many other factors and may vary from the figures shown.
2. The costs per square metre are based on Construction Floor Areas (CFA) measured to the outside face of the external walls/ external perimeter
including lift shafts, stairwells, balconies, plant rooms, water tanks and the like.
3. All buildings are assumed to have no basements (except otherwise stated) and are built on flat ground, with normal soil and site condition.
The cost excludes site formation works, external works, land cost, professional fees, finance costs, legal expenses and construction cost fluctuations.
4. The standard for each category of building varies from region to region and do not necessary follow that of each other.
5. All costs are in US$/m2 unless otherwise stated. Fluctuation in exchange rates may lead to changes in construction costs expressed in U.S. dollars.
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1 CONSTRUCTION COST DATA
1. CONSTRUCTION COST DATA
KUALA LUMPUR CONSTRUCTION
COST TREND 2003 - 2013
Domestic
RM/m2
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Office / Commercial
RM/m2
4,500
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
2,400
1,800
1,200
600
0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Light duty flatted factories
Heavy duty flatted factories and warehouses
Single storey conventional factory of structural steelwork
Owner operated factories, low rise
RM/m2
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
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BUILDING SERVICES TOTAL
OFFICE / COMMERCIAL
Average standard offices, high rise
CONSTRUCTION COST DATA
HOTELS
Resort hotels, inclusive of F.F.&E. 3,192 - 3,376 1,250 - 1,565 4,442 - 4,941
3-star budget hotels, ditto 3,325 - 4,216 770 - 1,444 4,095 - 5,660
5-star luxury hotels, ditto 6,017 - 7,108 1,875 - 2,000 7,892 - 9,108
CONSTRUCTION COST DATA
INDUSTRIAL
Light duty flatted factories 884 - 902 530 - 693 1,415 - 1,595
Heavy duty flatted factories and warehouses 1,145 - 1,198 593 - 751 1,739 - 1,949
Single storey conventional factory of
structural steelwork 949 - 1,127 362 - 520 1,312 - 1,647
Owner operated factories, low rise 1,270 - 1,377 483 - 583 1,753 - 1,960
OTHERS
Basement car parks (<3 levels) 1,098 - 1,400 368 - 600 1,465 - 2,000
Elevated car parks (<4 levels) 647 - 825 210 - 289 856 - 1,114
Primary and Secondary schools 712 - 813 189 - 210 901 - 1,023
Student hostels 914 - 984 242 - 289 1,155 - 1,273
Sports clubs including F.F.&E. 1,834 - 1,946 540 - 641 2,374 - 2,587
The above costs are at 4th Quarter 2013 levels, inclusive of preliminaries (10%) but exclusive of contingencies.
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