Construction Cost Handbook Malaysia 2016

JUBM and Langdon Seah Construction Cost Handbook

MALAYSIA 2016 Langdon & Seah Sdn Bhd Juru Ukur Bahan Malaysia JUBM Sdn Bhd Arcadis Projeks Sdn Bhd KDN PP10466/05/2013(032500)

The following handbook of information relating to the Malaysian construction industry has been compiled by: Langdon & Seah Sdn Bhd in collaboration with Juru Ukur Bahan Malaysia, JUBM Sdn Bhd & Arcadis Projeks Sdn Bhd Level 5, Menara TSR 12 Jalan PJU 7/3, Mutiara Damansara 47810 Petaling Jaya Selangor Telephone Fax Email Website

: (6 03) 2106 8000/ 2106 9000 : (6 03) 2106 9090 : [email protected] : http://www.arcadis.com http://www.LangdonSeah.com

© Langdon & Seah Sdn Bhd All rights reserved. No part of this publication may be reproduced or copied in any form without prior written permission from Langdon & Seah Sdn Bhd. The information contained herein should be regarded as indicative and for general guidance only. Whilst every effort has been made to ensure accuracy, no responsibility can be accepted for errors and omissions, however caused. Unless otherwise stated, costs reflected in this handbook are Malaysian costs at 4th Quarter 2015. Langdon & Seah Sdn Bhd (520443-H) Juru Ukur Bahan Malaysia JUBM Sdn Bhd (27638-X) Arcadis Projeks Sdn Bhd (233819-K) KDN : PP10466/05/2013 (032500) For private circulation to staff and business associates only. Printed: January 2016 by Spiral Ecoprint Sdn Bhd (KDN: PQ1780/4606) No.44, Jalan PBS 14/11, Taman Perindustrian Bukit Serdang, 43300 Seri Kembangan, Selangor Darul Ehsan

1

TABLE OF CONTENTS Page No. 2 4 12

Table of Contents About Us Calendars

1. CONSTRUCTION COST DATA Construction Cost Specification Kuala Lumpur Construction Cost Trend Construction Costs for Kuala Lumpur Construction Costs for Johor Bahru Construction Costs for Penang Construction Costs for Kota Kinabalu Construction Costs for Kuching Construction Costs for Selected Asian Cities Major Rates for Malaysia Major Rates for Selected Asian Cities ACMV Costs for Various Designs & Developments in Kuala Lumpur M&E Costs for Selected Asian Cities Unit Costs for Ancillary Facilities for Kuala Lumpur Fit-Out Costs for Kuala Lumpur

14 16 18 20 22 24 26 28 34 36 42 44 50 52

2. GENERAL CONSTRUCTION DATA JUBM - Langdon & Seah Building Works Composite Tender Price Index (BWCTPI) JKR Tender Price Index Value of Construction Work Done Performance of Construction Sector Estimating Rules of Thumb Technical Specifications Average Unit Prices Unit Price Index Construction Sector Indicators Commodities Price Trend (Jan to Dec 2015) Malaysia Construction Sector - Employment & GDP Progress Payments

54 55 56 57 58 60 62 64 65 66 68 69

3. PROPERTY Residential Hotel Office Shopping Complex Shop Industrial

2

72 74 76 78 80 81

TABLE OF CONTENTS

Page No.

4. FINANCIAL Financial Definitions & Formulae Mortgage Repayment Table Malaysia Balance of Trade Consumer Price Index Prime Rates & Base Lending Rates Interest Rates : Banking Institutions Currency Chart Exchange Rates

84 85 86 87 88 89 90 91

5. OTHER INFORMATION Utility Costs for Selected Asian Cities Weight & Measures Conversion Guide Public Holidays Arcadis Asia Leadership Team Arcadis Asia Sectors Arcadis Asia Services Directory of Offices Telephone Directory (Malaysia)

TABLE OF CONTENTS

94 96 98 100 106 108 111 114 124

3

ABOUT US

Langdon & Seah Sdn Bhd is one of the largest and longest established Quantity Surveying practices in the country. Established in 1947, we are involved in many major projects implemented since independence and is recognized as a market leading construction specialist with an extensive cost database. Together with collaborative partners, JUBM Sdn Bhd and Juru Ukur Bahan Malaysia, we form the Langdon Seah – JUBM group which offers a multi-disciplinary construction cost consultancy service and provides integrated solutions for all types of buildings and infrastructure projects throughout Malaysia working from five offices in Kuala Lumpur, Penang, Johor Bahru, Kota Kinabalu and Kuching.

Langdon & Seah is an affiliate of Arcadis, the leading global Design & Consultancy firm for natural and built assets. Through this, we are able to apply the Group’s deep market sector insights and its cost and project management services, collective design, consultancy, and engineering skills. We work in partnership with our clients to deliver exceptional and sustainable outcomes throughout the lifecycle of their natural and built assets. Together, we are 28,000 people active in over 70 countries that generate more than 3 billion in revenues. Within Asia we can call upon the skills and resource of almost 5,000 professionals based through the region. We support UN-Habitat with knowledge and expertise to improve the quality of life in rapidly growing cities around the world. (Log on to www.arcadis.com for more details)

4

ABOUT US

Our People The Langdon Seah - JUBM group’s pride however will always be in its greatest asset: its people. We have a dedicated staff resource of 340 (as at December 2015) forming the backbone of our client – focused service delivery. We ensure a high level of professional services by instilling and encouraging a culture of continuous learning and professional development for all staff, regardless of their roles and positions in the company. As such, we developed a structured and comprehensive framework of training in both technical as well as soft skills; providing sponsorship and allowing time off for Continuous Professional Development (CPD) training for professional progress. We believe in our people and they reciprocate by delivering successful solutions for our clients.

Integrity At Langdon Seah - JUBM group, integrity is an important core value of our practice. Integrity refers to the high ethical standards we apply in the execution of our daily business processes and activities, our relationship with clients, business partners and employees, and our involvement with the public, the government bodies and all her agencies as well as the laws of the country. In line with our affiliation with ARCADIS NV, we thus implement as part of our company policy the ARCADIS General Business Principles (AGBP) in the development and implementation of our commitment to integrity. The AGBP guides our business decisions and actions throughout all management levels and applies equally to company actions and to individual behaviour of all our employees in conducting our business. The AGBP is available for viewing at http://www.arcadis.com/General_Business_Principles.aspx (Cont’d)

ABOUT US

5

ABOUT US (Cont’d)

Quality Management System

MALAYSIA

DIT ED C

ERTIFICATIO

N BO

DY

C RE

AC

International Standards

MS ISO/IEC GUIDE 62:1999 QS 02121999 CB 01

Certified to ISO 9001 : 2008 Cert. No. : AR0595 / AR0598 / AR0599

The Langdon Seah - JUBM group consistently pushes its levels of professional services to higher level by implementing a Quality Management System based on the ISO 9001 International Standards. The company received accreditation from the Standard & Industrial Research Institute of Malaysia (SIRIM) in May 1995; the first Quantity Surveying consultancy to successfully attain certification. Our Quality Management System ensures high standards of service performance, improved productivity and efficiency, increased competitive advantage and high levels of confidence in our capabilities by our clients. We have since upgraded the Quality Management System to the new MS ISO 9001:2008 Standards and will continue to improve so as to achieve our vision of being the first point of reference for our clients.

Environmental Management System The Langdon Seah - JUBM group is committed in reducing the impact on the environment, as well as health and safety of its staff and community insofar as possible in all areas where the company is involved in. As such, we continue to enhance our Environmental, Health & Safety Policy on all aspects of our business which impacts on the environment, health and safety as well as conforming to the relevant laws in the country. We strive to continually apply and implement the best available techniques and methodologies under the EHS Policy to achieve clearly quantifiable and practical objectives of the company. Forming the core of our EHS Policy is the ISO 14001 Environmental Management System; another industry first for Langdon Seah - JUBM group, achieved on February 2009. 6

ABOUT US

Our Projects As the leading cost construction consultancy in the country, Langdon & Seah has been involved with a long list of major construction projects since its setting up more than 60 years ago. Langdon Seah - JUBM group provides its services to nearly all market segments in the construction industry from religious buildings to residential homes, hospitality to corporate headquarters, mixed use developments to master planning. The diverse range of project experience provides Langdon Seah - JUBM group with a rich and extensive construction cost database. This enables the company to handle the simplest to the most complex projects entrusted by clients who recognize our value and dynamism. Damansara City 2, Kuala Lumpur

Imperia Puteri Harbour, JohorUSJ DaMen,

Kuala Lumpur Pavilion

KVMRT Sungai Buloh - Kajang Line

Source: www.mymrt.com.my

(Cont’d)

ABOUT US

7

ABOUT US (Cont’d) 1

A Selection of Our Projects Commercial 1.

Menara Telekom, Kuala Lumpur 2002

2.

CIMB New Headquarters Kuala Lumpur 2011

3.

PJ8, Office Block & Serviced Apartment, Selangor 2009

4.

Menara Maybank, Kuala Lumpur

2

1989

Retail 5.

Sunway Putra Mall & Hotel 2015

6.

Alamanda, Putrajaya 2004

7.

KLP Fashion Avenue, Kuala Lumpur 2012

8.

Sunway Pyramid (Phase 2), Selangor 2007

9.

Louis Vuitton, Kuala Lumpur 2006

3

20

Residential 10. Iringan Hijau, Kuala Lumpur 2010 11. The Pearl Stonor, Kuala Lumpur 2010 12. 2 Hampshire Condominiums, Kuala Lumpur 2008 13. Seri Hening Residence, Kuala Lumpur

2007

14. Palazzio Sunway Condominiums, Kuala Lumpur 2011 15. Setia Sky Residences 2016

5

16. Sri Bukit Persekutuan, Kuala Lumpur 2006

Hospitality, Sports & Leisure 17. Legoland Malaysia, Johor 2012

12

18. Belum Rainforest Resort (Phase 1), Pulau Banding 2009 19. Auditorium & Experimental Theatre, Putrajaya 2005 20. Four Seasons Hotel 2017 21. Penang Indoor Stadium & Aquatic Centre 1997 22. Equestrian Park, Putrajaya 2006

8

ABOUT US

7

6

9

4

18

14 13

11

16

10

17

19

22 15

21

8

(Cont’d)

ABOUT US

9

ABOUT US (Cont’d) 35

A Selection of Our Projects (Cont’d) Private Healthcare

27

23. Kajang Specialist Centre, Selangor 2005 24. Sunway Medical Centre, Selangor 1998 Source: http://www.limkokwing.net

Private Educational

26

25. Universiti Teknologi Petronas, Perak 2003 26. Sunway Monash University, Selangor 2007 27. Lim Kok Wing University, Selangor 2004

Transport & Infrastructure 28. Electrified Double Track-Padang Besar to Ipoh (Station Building) 2014 29. 6 Stations for Kelana Jaya LRT Line Extension, Kuala Lumpur 2014 30. KVMRT Sungai Buloh - Kajang Line 2017

31

31. Semangar Water Treatment Plant 32. Integrated Water Supply, Kuala Lumpur 2008

Industrial 23

33. PML Production Facility, Selangor 2011 34. Giant Distribution Centre (Sepang), Selangor 2009 35. Star Publications Office & Newspaper Printing Factory, Selangor 2000

Source: http://www.kpjhealth.com.my/

37

36. Perodua - Second National Car Plant, Selangor 1994

Religious Buildings 37. Masjid Besar Sandakan, Sabah 1988 38. Lutheran Bible Training Institute, Selangor 2010

38

Public 39. Johor State Assembly Building, Johor 2007 40. Ministry of Education Teacher’s Quarters, Malaysia 2003 41. Bangunan UMNO (Pekan), Pahang 2007 42. Citizenship and Immigration Canada (CIC) Annexe of Canadian High Commission, Kuala Lumpur 2004 43. Federal Government Administrative Centre, Putrajaya 2010 44. IBS Housing, Putrajaya 2011

10

44

ABOUT US

36 32

40

29

24

28

39

41 42 25

34

33

30

43

ABOUT US

11

CALENDARS CALENDARS S M

T

W

T

F

S

1 2 31 3 4 5 6 7 8 9 10 11 12 13 14 15 16

JAN

T 2 9

W T F S 3 4 5 6 10 11 12 13

FEB

2016

S M 6

T 1 8

W T F S 2 3 4 5 9 10 11 12

MAR

7

14 15 16 17 18 19 20 21 22 23 24 25 26 27

13 14 15 16 17 18 19 20 21 22 23 24 25 26

28 29

27 28 29 30 31

S 2 9

S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14

S M

10 11 12 13 14 15 16 17 18 19 20 21 22 23

15 16 17 18 19 20 21 22 23 24 25 26 27 28

12 13 14 15 16 17 18 19 20 21 22 23 24 25

24 25 26 27 28 29 30

29 30 31

26 27 28 29 30

17 18 19 20 21 22 23 24 25 26 27 28 29 30 S M

T

W

T

3

5

6

7

4

APR

S M 31 3

4

T

W

T

F 1 8

F 1

S 2

MAY

S M

T

W

1 8

2 9

3 4 5 6 10 11 12 13

7

T

F

S

5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23

14 15 16 17 18 19 20 21 22 23 24 25 26 27

24 25 26 27 28 29 30

28 29 30 31

S M

S M

JUL T

W

T

F

S

AUG

6

7

W 1 8

T 2 9

F S 3 4 10 11

JUN

S M

T

W

T

F

S

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

SEP

18 19 20 21 22 23 24 25 26 27 28 29 30

T 1 6 7 8 13 14 15

T F S 3 4 5 10 11 12 17 18 19

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

16 17 18 19 20 21 22 23 24 25 26 27 28 29

20 21 22 23 24 25 26 27 28 29 30

18 19 20 21 22 23 24 25 26 27 28 29 30 31

S M

S M

S M

T

W

T

F

S

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21

JAN

W 2 9 16

5

T

30 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

OCT

NOV

5

6

T

W 1 8

T 2 9

F S 3 4 10 11

FEB 7

S M

T

W

T

F

S

DEC

5

2017 T

W 1 8

T F S 2 3 4 9 10 11

MAR

6

7

22 23 24 25 26 27 28 29 30 31

12 13 14 15 16 17 18 19 20 21 22 23 24 25

12 13 14 15 16 17 18 19 20 21 22 23 24 25

26 27 28

26 27 28 29 30 31

S M 30 2 3

S M 1 7 8

S M

T

W

4

6

7

T

W

T

F

4

5

6

7

APR

S 1 8

T W T F S 2 3 4 5 6 9 10 11 12 13

MAY

5

T 1 8

F S 2 3 9 10

JUN

9 10 11 12 13 14 15 16 17 18 19 20 21 22

14 15 16 17 18 19 20 21 22 23 24 25 26 27

11 12 13 14 15 16 17 18 19 20 21 22 23 24

23 24 25 26 27 28 29

28 29 30 31

25 26 27 28 29 30

S M 30 31

S M

T

W

6

1 8

2 3 4 5 9 10 11 12

T

W

T

F

S 1

7

T

F

S

2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22

13 14 15 16 17 18 19 20 21 22 23 24 25 26

23 24 25 26 27 28 29

27 28 29 30 31

S M

S M

JUL T

W

T

F

S

AUG

T

W

T

F

S

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

SEP

17 18 19 20 21 22 23 24 25 26 27 28 29 30

W 1 5 6 7 8 12 13 14 15

T F S 2 3 4 9 10 11 16 17 18

1 2 31 3 4 5 6 7 8 9 10 11 12 13 14 15 16

22 23 24 25 26 27 28 29 30 31

19 20 21 22 23 24 25 26 27 28 29 30

17 18 19 20 21 22 23 24 25 26 27 28 29 30

2

OCT

T

S M

3 4 5 6 7 10 11 12 13 14 15 16 17 18 19 20 21

1

12

S M 1 7 8

NOV

S M

T

W

T

F

S

DEC

CALENDARS

CONSTRUCTION COST DATA

Construction Cost Specification Kuala Lumpur Construction Cost Trend Construction Costs for Kuala Lumpur Construction Costs for Johor Bahru Construction Costs for Penang Construction Costs for Kota Kinabalu Construction Costs for Kuching Construction Costs for Selected Asian Cities Major Rates for Malaysia Major Rates for Selected Asian Cities ACMV Costs for Various Designs & Developments in Kuala Lumpur M&E Costs for Selected Asian Cities Unit Costs for Ancillary Facilities for Kuala Lumpur Fit-Out Costs for Kuala Lumpur

1

DOMESTIC

OFFICE / COMMERCIAL

14

INDUSTRIAL HOTELS

OUTLINE SPECIFICATION

1) Interior decoration 2) Furniture (fixed and movable) 3) Special light fittings (chandeliers, etc.) 4) Operating Supplies and Equipment (OS&E) excluded.

RC structure with steel roof and M&E to main distribution, but excluding air-conditioning, heating and lighting.

Budget hotels - 3-star, mid market Business hotels - 4/5 -star Luxury hotels - 5-star

Industrial units, shell only (Conventional single storey framed units)

Owner operated factories, low rise, light weight industry RC structure, including small office with simple fit-out and M&E, but excluding air-conditioning and heating.

Including public area fit-out and M&E, but excluding shop fit-out.

Apartment units with fit-out, including air-conditioning, kitchen cabinets and home appliances, but excluding decorative light fittings and loose furniture. (Malaysia only) 6-12 units per floor, 46m2 - 83m2 per unit Apartment units with good quality fit-out, including air-conditioning, kitchen cabinets and home appliances, but excluding decorative light fittings and loose furniture. Houses with fit-out, including air-conditioning, kitchen cabinets and home appliances, but excluding decorative light fittings, loose furniture, garden and parking. (Malaysia only) Excluding air-conditioning. Houses with good quality fit-out, including air-conditioning, kitchen cabinets and home appliances, but excluding decorative light fittings, loose furniture, garden and parking. RC structure, curtain wall, including public area fit-out, tenant area with raised floor/ carpet, painted wall and false ceiling. (Malaysia only) Average standard offices exclude tenant fitout.

Out-of-town shopping centre, average standard Retail malls, high end

High rise offices, prestige quality

Medium/high rise offices, average standard

Detached houses, high end

Terraced houses, average standard

Apartment, high rise, high end

Apartment, high rise, average standard

BUILDING TYPE

1 CONSTRUCTION COST DATA 1. CONSTRUCTION COST DATA

CONSTRUCTION COST SPECIFICATION



15

Including fit-out, loose furniture and air-conditioning. (Malaysia only) Student hostels to university standard. Dry sports (no swimming pool) and are for ‘leisure centre’ type schemes including main sports hall, ancillary sports facilities, changing and showers, restaurant/cafe, bar, etc. Costs include a/c, Furniture, Fittings and Equipment (FF&E).

Excluding medical and operating equipment.

Students’ residences

Sports clubs, multi purpose sports/leisure centres (dry sports)

General hospitals - public sector

Schools (primary and secondary)

RC structure RC structure, natural ventilation, no facade enclosure. Including fit-out and air-conditioning, but excluding educational equipment. (Malaysia only) Schools with standard government provisions.

Underground/basement car parks (<3 levels) Multi storey car parks, above ground (<4 levels)

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 and legal expenses. 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 CFA unless otherwise stated. Fluctuation in exchange rates may lead to changes in construction costs expressed in U.S. dollars.

OTHERS

1

CONSTRUCTION COST DATA 1. CONSTRUCTION COST DATA KUALA LUMPUR CONSTRUCTION COST TREND 2005 - 2015

Domestic RM/m2 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Bungalows (mass housing) Terraced houses Average standard apts, high rise Low cost flats, low rise (<6 levels)

Detached houses and bungalows Luxury apts, high rise Low cost flats, high rise (<15 levels) Low cost housing

Office / Commercial RM/m2 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Average standard offices, high rise Prestige offices, high rise Shopping Centres

All cost are at an average level unless otherwise stated 16


RM/m2 2,400

1,800

1,200

600

0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Light duty flatted factories Heavy duty flatted factories and warehouses Single storey conventional factory of structural steelwork Owner operated factories, low rise

RM/m2 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Resort Hotel inclusive of F.F.&E. 3-star budget hotels, ditto 5-star luxury hotels, ditto

All cost are at an average level unless otherwise stated CONSTRUCTION COST DATA

17

18

Resort hotels, inclusive of F.F.&E. 3-star budget hotels, ditto 5-star luxury hotels, ditto

HOTELS

Average standard offices, high rise Prestige offices, high rise Shopping centres

OFFICE / COMMERCIAL

Detached houses (mass housing) Detached houses (high end) Terraced houses Average standard apartments, high rise Luxury apartments, high rise Low cost housing Low cost flats, low rise (<6 levels) Low cost flats, high rise (<15 levels)

DOMESTIC

3,250 3,390 6,110

1,550 2,190 1,910

1,515 2,290 745 1,025 2,380 420 550 615

-

-

-

3,510 4,375 7,370

1,710 3,255 2,400

2,065 2,815 1,030 1,535 2,900 445 600 710

BUILDING

1,280 790 1,930

950 1,420 840

905 810 175 295 810 100 150 205

-

-

-

1,600 1,475 2,050

1,180 1,635 1,180

1,005 1,005 290 455 920 135 200 260

SERVICES

RM/m2

4,530 4,180 8,040

2,500 3,610 2,750

2,420 3,100 920 1,320 3,190 520 700 820

-

-

-

TOTAL

5,110 5,850 9,420

2,890 4,890 3,580

3,070 3,820 1,320 1,990 3,820 580 800 970

1 CONSTRUCTION COST DATA

CONSTRUCTION COSTS FOR KUALA LUMPUR



19

-

-

970 1,295

1,115 650 705 900 1,865

-

900 1,170

1,430 820 805 970 1,990

1,155 1,405

930 1,235

375 210 195 250 555

360 495

530 590

-

-

-

620 290 215 300 660

515 605

690 745

1,490 860 900 1,150 2,420

1,330 1,790

1,430 1,760

The above costs are at 4th Quarter 2015 levels, inclusive of preliminaries (10%) but exclusive of contingencies.

Basement car parks (<3 levels) Elevated car parks (<4 levels) Primary and Secondary schools Student hostels Sports clubs inclusive of F.F.&E.

OTHERS

Light duty flatted factories Heavy duty flatted factories and warehouses Single storey conventional factory of structural steelwork Owner operated factories, low rise

INDUSTRIAL

-

-

-

2,050 1,110 1,020 1,270 2,650

1,670 2,010

1,620 1,980

20


HOTELS


OFFICE / COMMERCIAL


DOMESTIC

3,305 3,440 6,230

1,350 2,215 1,935

1,900 2,025 1,050 1,180 2,425 430 570 620

-

-

-

3,495 4,365 7,360

1,735 3,285 2,430

2,505 2,530 1,575 1,730 3,035 470 620 725

BUILDING

1,290 795 1,930

775 1,445 855

600 675 200 250 575 105 155 205

-

-

-

800 845 345 450 875 135 205 260

1,610 1,490 2,060

1,100 1,650 1,190

SERVICES

RM/m2

4,595 4,235 8,160

2,125 3,660 2,790

2,500 2,700 1,250 1,430 3,000 535 725 825

-

-

-

TOTAL

5,105 5,855 9,420

2,835 4,935 3,620

3,305 3,375 1,920 2,180 3,910 605 825 985


CONSTRUCTION COSTS FOR JOHOR BAHRU



21

-

-

985 1,315

950 670 735 945 1,900

-

915 1,190

1,140 855 840 1,050 2,105

1,170 1,425

935 1,240

280 200 195 250 560

375 500

545 615

-

-

-

305 250 215 300 660

535 600

715 775

1.230 870 930 1,195 2,460

1,360 1,815

1,460 1,805



OTHERS


INDUSTRIAL

-

-

-

1,445 1,105 1,055 1,350 2,765

1,705 2,025

1,650 2,015

22


HOTELS


OFFICE / COMMERCIAL


DOMESTIC

2,850 2,700 5,600

1,405 1,950 1,375

1,425 1,900 700 920 1,600 450 550 620

-

-

-

3,125 4,025 6,650

1,650 2,750 1,675

1,750 1,920 970 1,320 2,250 470 600 700

BUILDING

1,125 950 1,885

850 1,350 745

900 810 150 275 740 85 142 195

-

-

-

950 950 300 400 850 110 185 230

1,535 1,450 1,965

1,100 1,585 945

SERVICES

RM/m2

3,975 3,650 7,485

2,255 3,300 2,120

2,325 2,710 850 1,195 2,340 535 692 815

-

-

-

TOTAL

4,660 5,475 8,615

2,750 4,335 2,620

2,700 2,870 1,270 1,720 3,100 580 785 930


CONSTRUCTION COSTS FOR PENANG



23

-

-

770 1,000

825 530 660 850 1,550

-

760 905

1,360 825 880 965 1,765

930 1,240

900 1,100

320 188 195 210 530

485 500

520 585

-

-

-

550 320 250 275 700

560 600

700 745

1,145 718 855 1,060 2,080

1,255 1,500

1,280 1,490



OTHERS


INDUSTRIAL

-

-

-

1,910 1,145 1,130 1,240 2,465

1,490 1,840

1,600 1,845

24


HOTELS


OFFICE / COMMERCIAL


DOMESTIC

3,200 3,900 6,040

1,510 2,140 1,540

1,480 2,240 750 1,010 2,350 410 520 590

-

-

-

3,400 4,350 7,130

1,710 3,170 2,090

1,580 2,740 1,010 1,510 2,860 440 570 650

BUILDING

1,135 1,385 2,230

840 1,400 840

410 970 275 345 905 115 160 205

-

-

-

1,385 1,530 2,380

970 1,600 970

515 1,195 330 410 1,025 160 180 215

SERVICES

RM/m2

4,335 5,285 8,270

2,350 3,540 2,380

1,890 3210 1,025 1,355 3,255 525 680 795

-

-

-

TOTAL

4,785 5,880 9,510

2,680 4,770 3,060

2,095 3,935 1,340 1,920 3,885 600 750 865


CONSTRUCTION COSTS FOR KOTA KINABALU



25

-

-

950 1,280

960 650 700 920 1,830

-

890 1,140

1,140 820 810 990 1,960

1,190 1,440

950 1,210

240 180 225 250 690

345 410

410 480

-

-

-

275 215 355 275 840

410 490

505 545

1,200 830 925 1,170 2,520

1,295 1,690

1,300 1,620



OTHERS


INDUSTRIAL

-

-

-

1,415 1,035 1,165 1,265 2,800

1,600 1,930

1,455 1,755

26


HOTELS


OFFICE / COMMERCIAL


DOMESTIC

2,870 3,070 4,900

1,600 1,900 1,800

1,150 1,750 1,000 1,180 1,650 598 830 880

-

-

-

3,350 3,350 7,000

1,850 3,000 1,860

1,250 2,800 1,020 1,250 1,650 650 850 940

BUILDING

1,430 1,620 2,480

950 1,600 825

470 815 165 300 860 120 165 170

-

-

-

1,700 1,770 2,550

1,100 1,700 1,000

600 950 200 400 1,000 150 200 250

SERVICES

RM/m2

4,300 4,690 7,380

2,550 3,500 2,625

1,620 2,565 1,165 1,480 2,510 718 995 1,050

-

-

-

TOTAL

5,050 5,120 9,550

2,950 4,700 2,860

1,850 3,750 1,220 1,650 2,650 800 1,050 1,190


CONSTRUCTION COSTS FOR KUCHING



27

-

-

890 1,150

1,115 870 1,020 1,200 1,850

-

1,060 1,140

1,360 960 1,100 1,350 2,000

980 1,300

1,270 1,300

380 230 220 250 735

300 450

365 425

-

-

-

400 250 350 320 880

430 530

400 500

1,495 1,100 1,240 1,450 2,585

1,190 1,600

1,425 1,565

The above costs are at 4th Quarter 2015 levels, inclusive of preliminaries (10%) but exclusive of contingencies


OTHERS


INDUSTRIAL

-

-

-

1,760 1,210 1,450 1,670 2,880

1,410 1,830

1,670 1,800

28

Budget hotels - 3 star, mid market Business hotels - 4/5 star Luxury hotels - 5 star

HOTELS

Medium/high rise offices, average standard High rise offices, prestige quality Out-of-town shopping centre, average standard Retail malls, high end

OFFICE / COMMERCIAL

Apartments, high rise, average standard Apartments, high rise, high end Terraced houses, average standard Detached houses, high end

DOMESTIC

- 730 - 1,067 - 505 - 885

965 - 1,350 1,675 - 1,960 1,855 - 2,175

825

1,053 - 1,165 1,348 - 1,544 1,573 - 1,685

772 - 800

604 899 421 730

635 -

460 880 305 880

590 - 730 772 - 983 576 - 744

-

BANGKOK*

575 - 665 835 - 1,130 515 - 615

305 735 210 715

KUALA LUMPUR

- 1,116 - 1,307 - 829 - 1,103

1,537 - 1,840 2,167 - 2,471 2,225 - 2,528

1,040 - 1,343

813 - 1,116 1,149 - 1,453 789 - 1,092

813 1,004 526 800

BRUNEI

- 722 - 998 - 442 - 1,112

1,093 - 1,292 1,492 - 1,663 1,596 - 1,805

599 - 646

627 - 698 926 - 1,045 542 - 599

636 879 342 922

JAKARTA#

US$/m2

- 920 - 1,310 - 690 - 1,370

1,180 - 1,375 1,350 - 1,685 1,575 - 2,030

1,080 - 1,260

820 - 870 1,260 - 1,365 735 - 870

860 1,170 605 1,280

MANILA@

2,180 - 2,360 2,790 - 3,145 2,790 - 3,145

2,075 - 2,290

1,750 - 1,930+ 1,930 - 2,145+ 1,930 - 2,075

1,360 - 1,540 2,075 - 3,075 1,750 - 1,965 2,215 - 2,930

SINGAPORE^


CONSTRUCTION COSTS FOR SELECTED ASIAN CITIES



(Cont’d)

29

BAHT 35.61

N/A

505 - 660 168 - 270 N/A N/A N/A

N/A

449 - 562

B$ 1.37

1,843 - 2,146

N/A 416 - 720 610 - 913 713 - 1,016 1,640 - 1,943

511 - 814

375 - 678

IDR 13,750

N/A

442 - 541 287 - 310 N/A N/A 998 - 1,496

310 - 343

287 - 310

PHP 47.00

1,350 - 1,475

510 - 560 460 - 606 690 - 765 690 - 765 1,180 - 1,425

560 - 650

450 - 460

The above costs are at 4th Quarter 2015 levels, inclusive of preliminaries but exclusive of contingencies. * Rates exclude VAT. # Rates are nett of VAT. @ Rates include 12% VAT. ^ Rates are nett of GST. + Includes raised floor and ceiling to tenanted areas but excludes office carpets (normally under tenant’s fit-out). $ Open on all sides with parapet.

835 - 1,040

RM 4.33

475 255 235 295 610

Exchange Rate Used : US$1 =

345 200 210 265 560 -

415 - 465

305 - 385

Underground/basement car parks (<3 levels) Multi storey car parks, above ground (<4 levels) Schools (primary & secondary) Students’ residences Sports clubs, multi purpose sports/leisure centres (dry sports) General hospitals - public sector

OTHERS

Industrial units, shell only. (Conventional single storey framed units). Owner operated factories, low rise, light weight industry

INDUSTRIAL

S$ 1.40

2,790 - 2,930

945 - 1,290 665 - 945 $ N/A 1,610 - 1,750 2,000 - 2,145

N/A

740 - 945

30


HOTELS


OFFICE / COMMERCIAL


DOMESTIC

725 - 805 1,130 - 1,340 1,430 - 1,585

1,646 - 2,069 2,306 - 3,979 2,562 - 4,093

1,320 - 2,183

1,347 - 1,629 1,620 - 1,981 N/A 2,210 - 3,363

525 - 570

585 930 375 485

1,197 - 1,364 1,391 - 1,690 1,127 - 1,743

-

SEOUL#

385 - 420 480 - 510 375 - 410

510 775 350 460

INDIA*

-

755 885 475 565

1,305 - 1,590 N/A 1,690 - 1,960

655 - 860

710 - 825 815 - 1,110 N/A

605 765 405 465

HO CHI MINH#

US$/m2

4,010 - 4,330 4,210 - 4,970 4,920 - 5,710

4,180 - 4,960

3,080 - 3,650 3,820 - 4,710 3,140 - 3,690

3,140 - 3,690 4,240 - 4,940 4,310 - 5,030 5,580 - 6,350

HONG KONG^

3,295 - 3,720 4,475 - 5,340 5,340 - 6,315

3,710 - 4,475

2,505 - 3,235 3,235 - 3,535 2,355 - 3,535

2,170 - 2,655 3,035 - 4,635 3,710 - 4,425 4,510 - 5,875

MACAU$

1 (Cont’d)


CONSTRUCTION COSTS FOR SELECTED ASIA CITIES



(Cont’d)

31

INR 65.00

585 - 640

270 215 270 300 560

KRW 1,136

N/A

942 - 1,109 581 - 757 N/A 1,382 - 1,488 N/A

725 425 555 655 805

VND 22,410

N/A

605 385 505 505 755 -

360 - 475

N/A

320 - 375

250 195 245 270 535 -

305 - 380

660 - 836

300 - 355

HK$ 7.80

5,130 - 5,830

2,370 - 2,950 1,470 - 1,730 2,590 - 2,810 2,540 - 2,950 3,970 - 4,490

2,410 - 3,060

N/A

The above costs are at 4th Quarter 2015 levels, inclusive of preliminaries but exclusive of contingencies. * Rates are based on projects in Bangalore and are nett of VAT and Service Tax. Mumbai costs are generally 8% higher. # Rates are nett of VAT and contingencies. $ Rates are exclusive of any management contract fee. ^ Offices of average standard are built to the following provisions: (i) Curtain wall/window wall facade (ii) Tenant are with screeded floor, painted wall and ceiling Schools (primary and secondary) are of public authority standard, no a/c and complete with basic external works.

Underground/basement car parks (<3 levels) Multi storey car parks, above ground (<4 levels) Schools (primary & secondary) Students’ residences Sports clubs, multi purpose sports/leisure centres (dry sports) General hospitals - public sector Exchange Rate Used : US$1 =

OTHERS


INDUSTRIAL

MOP 7.98

N/A

1,955 - 2,870 1,080 - 1,415 2,155 - 2,505 1,715 - 1,990 N/A

N/A

N/A

32


HOTELS


OFFICE / COMMERCIAL


DOMESTIC

520 865 390 535

-

575 955 435 590

975 - 1,195 1,645 - 2,245 2,245 - 2,695

945 - 1,180 1,655 - 2,125 N/A

980 - 1,085 1,585 - 1,750 2,160 - 2,385

1,065 - 1,175

- 645 - 1,040 - 470 - 630

1,270 - 1,645 1,100 - 1,495

490 785 385 530

755 - 836 1,045 - 1,155 720 - 795

- 750 - 1,800 - 480 - 750

900 - 1,195 805 - 960 1,195 - 1,495 1,025 - 1,415 N/A 630 - 835

675 1,645 450 675

SHANGHAI*

US$/m2

-

590 965 445 565

980 - 1,080 1,480 - 1,930 N/A

1,110 - 1,260

815 - 890 1,110 - 1,260 666 - 740

520 860 385 520

CHONGQING/ SHENZHEN/ SHENYANG* CHENGDU* GUANGZHOU*

BEIJING*

1,010 - 1,095 1,700 - 1,930 N/A

1,140 - 1,290

1,010 - 1,245 1,715 - 2,190 2,190 - 2,820

1,245 - 1,715

900 - 1,215 1,215 - 2,000 695 - 930

- 650 630 - 695 - 1,170 1,575 - 1,795 - 475 929 - 1,010 - 625 1,795 - 1,875

845 - 905 1,155 - 1,215 740 - 830

560 1,070 415 560

DALIAN*


(Cont’d)

CONSTRUCTION COSTS FOR SELECTED ASIAN CITIES



33

N/A

N/A

N/A RMB 6.35

N/A RMB 6.35

N/A 365 - 380 N/A N/A N/A

N/A

N/A

560 - 625 350 - 375 N/A N/A N/A

N/A

N/A

The above costs are at 4th Quarter 2015 levels, inclusive of preliminaries but exclusive of contingencies. * Houses are built to shell and core standard only, where all tenant or occupant areas are unfurnished. * Schools (primary and secondary) are of public authority standard, no a/c and complete with basic external works.

N/A RMB 6.35

795 390 435 280 815

N/A

500 355 395 250 740 -

N/A

495 - 545

RMB 6.35

N/A 330 - 395 N/A N/A N/A

440 - 585

525 - 600

750 - 1,050 Underground/basement car parks (<3 levels) Multi storey car parks, above ground (<4 levels) 375 - 525 525 - 675 Schools (primary & secondary) 375 - 525 Students’ residences 975 - 1,195 Sports clubs, multi purpose sports/leisure centres (dry sports) 1,495 - 1,945 General hospitals - public sector Exchange Rate Used : US$1 = RMB 6.35

OTHERS


INDUSTRIAL

RMB 6.35

1,245 - 1,560

770 - 850 455 - 535 535 - 695 380 - 535 930 - 1,245

N/A

535 - 615

1. Excavating basement ≤ 2m deep 2. Excavating for footings ≤ 1.5m deep 3. Remove excavated materials off site 4. Hardcore bed blinded with fine materials 5. Mass concrete grade 15 6. Reinforced concrete grade 30 7. Mild steel rod reinforcement 8. High tensile rod reinforcement 9. Sawn formwork to soffits of suspended slabs 10. Sawn formwork to columns and walls 11. 112.5mm thick brick walls 12. “Kliplok Colorbond” 0.64mm profiled steel sheeting 13. Aluminium casement windows, single glazed

34

- 20.0 - 21.8 - 23.0 - 60.0 - 270.0 - 260.0 - 3.6 - 3.7

65.0 - 92.0

220.0 - 420.0

38.0 - 45.0 38.0 - 45.0 45.0 - 50.0

55.0 - 60.0

m2

m2 350.0 - 500.0

30.0 - 40.0 30.0 - 40.0 35.0 - 45.0

13.5 12.0 12.0 52.0 220.0 230.0 3.2 3.2

PENANG

m2 m2 m2

m3 15.0 - 20.0 m3 15.0 - 20.0 m3 20.0 - 25.0 m3 60.0 - 70.0 m3 240.0 - 280.0 m3 260.0 - 320.0 kg 3.0 - 3.3 kg 3.0 - 3.3

KUALA LUMPUR

RM

285.0 - 380.0

95.0

55.0 - 65.0 55.0 65.0 - 75.0

18.0 - 31.0 16.0 - 26.5 17.5 - 27.5 80.0 - 120.0 290.0 300.0 3.1 - 4.0 3.1 - 4.0

JOHOR BAHRU

250.0 - 350.0

96.0*

40.0 40.0 47.0

14.0 20.0 22.0 100.0 330.0 395.0 3.7 3.7

KOTA KINABALU

360.0

98.0

44.0 44.0 46.0

20.0 20.0 20.0 100.0 345.0 390.0 3.8 3.8

KUCHING


MAJOR RATES FOR MALAYSIA



35

6.0 - 8.0 15.0 - 22.0

15.0 - 22.0 50.0 - 70.0

35.0 - 45.0

3.5 - 4.5

kg m2

m2 m2

m2

m2

%

Average expected preliminaries

9.6

6.0

7.0 - 14.0

6.5

3.5 -

3.0 -

3.5 -

8.5

40.0 - 50.0

35.0 - 40.0 55.0 - 80.0

9.50 25.0 - 35.0

9.50

22.0 - 35.0

15.0 - 28.0 48.0 - 75.0

6.5 - 9.6 12.0 - 25.0

6.5 -

The above costs are at 4th Quarter 2015 levels, exclusive of contingencies and preliminaries. * Rates is for “Kliplok Colorbond” 0.54mm profiled steel sheeting.

6.0 - 12.0

6.0 - 8.0

kg

14. Structural steelwork - beams, stanchions and the like 15. Steelwork - angles, channels, flats and the like 16. 25mm cement and sand (1:3) paving 17. 20mm cement and sand (1:4) plaster to walls 18. Ceramic tiles bedded to floor screed (measured separately) 19. 12mm fibrous plasterboard ceiling lining 20. Two coats of emulsion paint to plastered surfaces 7.0

5.0 -

7.0

8.50

50.0

25.0 78.0

6.5 - 7.0 25.0

6.5 -

10.0

12.0

60.0

24.0 100.0

8.2 23.0

8.2

1. Excavating basement ≤ 2m deep 2. Excavating for footings ≤ 1.5m deep 3. Remove excavated materials off site 4. Hardcore bed blinded with fine materials 5. Mass concrete grade 15 6. Reinforced concrete grade 30 7. Mild steel rod reinforcement 8. High tensile rod reinforcement 9. Sawn formwork to soffits of suspended slabs 10. Sawn formwork to columns and walls 11. 112.5mm thick brick walls 12. “Kliplok Colorbond” 0.64mm profiled steel sheeting 13. Aluminium casement windows, single glazed 14. Structural steelwork - beams, stanchions and the like 15. Steelwork - angles, channels, flats and the like 16. 25mm cement and sand (1:3) paving

36

55 - 60 350 - 500

6.00 - 8.00 6.00 - 8.00 15 - 22

m2 m2

kg kg m2

- 20 - 20 - 25 - 70 - 280 - 320 -3.30 -3.30 - 45 - 45 - 50

15 15 20 60 240 260 3.00 3.00 38 38 45

m3 m3 m3 m3 m3 m3 kg kg m2 m2 m2

KUALA LUMPUR RM

55 55 200

1,200 7,000

120 120 120 650 2,200 2,600 23 22 420 420 700

BANGKOK* BAHT

3.50 3.20 9

58 160 - 210

3.50 3 3 43 124 130 0.65 0.65 15 15 17.50

BRUNEI B$

25 25 60

250 1,200

35 45 38 370 1,050 1,200 10 10 190 170 170

JAKARTA IDR’000

*

95 95 250

1,100 10,500#

220 250 145 784 2,750 3,500 42 43 900 850 N/A

MANILA PHP

4.80 - 5.80 4.80 - 5.80 21

43 290

20 20 15 - 20 50 190 - 200^ 130 - 135 1.20 - 1.30 1.20 - 1.30 42 42 35 - 40

SINGAPORE@ S$


MAJOR RATES FOR SELECTED ASIAN CITIES



(Cont’d)

37

15 - 22 50 - 70

35 - 45

3.50 - 4.50 6 - 12

m2 m2

m2

m2 %

120 12 - 18

800

220 1,200

5 5 - 8

28

8 33

25 6 - 10

150$

75 160

220 12 - 18

965

275 1,600 30

22 74

3.50 - 4.00 13 - 17

The above cost are based on lump sum fixed price contract rate exclusive of preliminaries and contingencies unless otherwise stated. * Rates are nett of VAT. @ Rates are nett of GST. $ 9mm gypsum board. # Aluminium with anodized finish; 6mm thick. ^ Rate for lean concrete blinding.

17. 20mm cement and sand (1:4) plaster to walls 18. Ceramic tiles bedded to floor screed (measured separately) 19. 12mm fibrous plasterboard ceiling lining 20. Two coats of emulsion paint to plastered surfaces Average expected preliminaries


38

175 195 N/A 4,025 5,650 6,850 63 65 600 650 940

1,425 5,250

103 103 400


m2 m2

kg kg m2

INDIA* INR

1,660 1,660 3,160

39,300 321,000

1,930 1,930 9,900 29,200 64,400 78,000 1,240 1,280 29,400 29,400 44,700

SEOUL# KRW

26.0 - 28.7 28.5 - 31.5 57.4 - 63.5

494.2 - 546.2 2,660 - 2,940

68.3 - 75.4 76.4 - 84.5 70.4 - 77.8 350.0 - 386.9 1,378 - 1,523 1,787 - 1,976 17.6 - 19.5 16.0 - 17.7 184.0 - 203.3 235.3 - 260.0 198.0 - 218.8

9.35 8.50 27

N/A 815+

26 31 37 170 433 517 4 4 85 73 72

HO CHI MINH^ BEIJING VND (’000) RMB

38 42 140

880 2,950

225 205 280$ 950 1,200 1,400 9.50 9.50 420 420 420

HONG KONG HK$

38 43 120

N/A 4,000

120 140 90 1,100 1,400 1,300 8 8 280 280 500

MACAU MOP


MAJOR RATES FOR SELECTED ASIAN CITIES (Cont’d)



(Cont’d)

39

340 1,450

1,100

210 8 - 12

m2 m2

m2

m2 %

7,870 6 - 11

26,500

9,300 64,400

77.7 - 85.8 8 - 12

283.5 - 313.3

82.0 - 90.6 239.5 - 264.7

32 7 - 10

162

28 140

60 10 - 15

570

145 380

200 6 - 12

650

150 500

The above costs are based on lump sum fixed price contract rate exclusive of preliminaries and contingencies unless otherwise stated. * Rates are supply & fix based on projects in Bangalore and are nett of VAT and service Tax. Mumbai costs are generally 8% higher. # Rates include labour costs and are nett of VAT. ^ Rates are nett of VAT. $ Rate including dumping charges. + Rate for double glazed window.



40

30 30 98 165 320 420 3.40 3.40 84 84 85*

N/A 690

10 8 25


m2 m2

kg kg m2

SHANGHAI RMB

8.50 8.50 28

N/A 700+

18 25 52 150 340 360 3.50 3.50 50 50 65

CHONGQING/ CHENGDU RMB

10 8 30

N/A 525

30 25 65 180 449 484 5.00 5.00 80 80 60

SHENZHEN/ GUANGZHOU RMB

9.80 9.80 25

N/A 700+

22 25 35 150 410 500 4.20 4.20 90 90 70

SHENYANG RMB

9.80 9.80 37

N/A 700+

28 33 30 170 420 500 4.20 4.20 92 92 70

DALIAN RMB

1 (Cont’d)


MAJOR RATES FOR SELECTED ASIAN CITIES



41

26 155

150

39 5 - 10

m2 m2

m2

m2 %

35 5 - 10

120

32 120

30 5 - 10

180

25 150

30 5 - 10

120

26 165

32 5 - 10

140

40 140

The above costs are based on lump sum fixed price contract rate exclusive of preliminaries and contingencies unless otherwise stated. * Rate for 120mm thick concrete block walls. + Rate for double glazed window.


1

CONSTRUCTION COST DATA ACMV COSTS FOR VARIOUS DESIGNS & DEVELOPMENTS IN KUALA LUMPUR ACMV : Air Conditioning & Mechanical Ventilation System

RM/m2 of Construction Floor Area 500 400

400

350

360

300 250 260

200

210

100 0 Central Variable Air Volume

Central Constant Air Volume

Central Variable Refrigerant Volume

RM/m2 of Construction Floor Area 500 450

400

391

300

310

450 400

350 280

278

Hotel

Commercial Complex

280

190

200

200 90

100

100 60

42

Factory

Residential

Office

Academic Institution

Hospital

0


RM/Tonne of Refrigeration 8000

7400 6000

6650

6000

4500

5200

4000

4000

2000

0 Central Variable Air Volume

Central Constant Air Volume

Central Variable Refrigerant Volume

RM/Tonne of Refrigeration 10000 8500

8400

7500

7600

7500 7500 6600

6500 5000

5000

6200

4600

2500

2000

2000

1300

1200


Commercial Complex

Hotel

Factory

Residential

Office

Academic Institution

Hospital

0

43

44

Offices Industrial Hotels Shopping Centres Apartments

HYDRAULIC SERVICES

Offices Industrial** Hotels Shopping Centres Apartments

ELECTRICAL SERVICES

Offices Industrial* Hotels Shopping Centres Apartments

MECHANICAL SERVICES

26 37 180 26 20

230 144 255 210 88

360 62 290 300 210

-

-

-

59 46 250 35 50

470 160 600 280 220

475 90 465 410 295

KUALA LUMPUR RM/m2

3,600 2,200 4,200 3,010 3,350

4,800 1,600 5,100 4,800 4,500

790 - 910 750 - 790 1,400 - 1,650 790 - 950 1,200 - 1,400

3,400 1,950 3,800 2,800 2,800 -

4,400 1,550 4,600 4,400 4,400 -

@

BANGKOK BAHT/m2

16 11 61 12 38

233 194 292 221 252

181 23 292 207 214

-

-

-

39 19 84 41 60

292 233 381 317 317

226 39 336 246 246

BRUNEI B$/m2

190 110 790 190 770

780 440 790 690 780

965 300 965 855 855

- 290 - 200 - 1,110 - 290 - 1,110

- 1,040 - 690 - 1,110 - 870 - 1,040

- 1,140 - 700 - 1,300 - 1,030 - 1,110

#

JAKARTA IDR’000/m2

900 700 1,950 700 1,400

3,300 2,000 4,700 3,060 3,600

3,000 650 3,000 2,500 600

-

-

-

2,000 1,300 4,000 1,600 2,700

6,000 3,500 9,000 6,000 6,300

5,000 1,500 6,500 4,500 3,000

$

MANILA PHP/m2

30 20 100 50 80

170 55 195 170 105

165 35 140 160 95

-

-

-

60 40 190 90 155

275 145 380 325 245

270 125 300 265 180

SINGAPORE^ S$/m2


M&E COSTS FOR SELECTED ASIAN CITIES



(Cont’d)

45

88 55 85 85 63

60 45 65 65 20

-

-

400 190 370 110 105

80 65 95 85 25

-

850 750 890 820 850

1,050 - 1,180 N/A 1,100 - 1,200 250 - 450 500 - 580

780 730 780 780 720

9 4 12 12 11

32 12 26 32 26 -

32 19 45 36 26

39 19 49 66 52

-

390 200 390 310 310

430 - 1,170 N/A 430 - 1,090 320 - 870 420 - 870

250 110 270 270 270

-

1,200 900 1,200 1,300 1,300

1,600 - 2,900 N/A 1,800 - 3,000 595 - 2,000 800 - 2,100

700 600 700 700 650 70 45 70 60 45

35 25 35 40 25 -

180 115 120 100 125

60 55 60 60 55

The above costs are at 4th Quarter 2015 levels, exclusive of contingencies unless otherwise stated. * Generally without air condition. ** Excludes special power supply. @ Based upon nett enclosed area and nett of VAT. # All rates are nett of VAT. Rates for Electrical Services are excluding genset. Rates for Hydraulic Services are excluding STP. Rates for Mechanical Services refers to ACMV Rates only. ^ Rates are nett of GST and excluding BAS. $ Transformer included in Electrical Services.


LIFTS / ESCALATORS


FIRE SERVICES

46


HYDRAULIC SERVICES


ELECTRICAL SERVICES


MECHANICAL SERVICES

36 23 74 30 51

210 130 300 180 140

230 96 223 155 99

-

-

-

59 33 115 60 78

395 190 490 262 189

301 165 353 255 180

SEOUL@ KRW(’000)/m2

665 450 3,445 980 1,550

-

3,765 2,225 4,200 3,600 1,825 -

4,250 1,965 5,250 4,085 2,335 -

1,005 795 5,195 1,775 2,150

5,195 3,700 5,725 4,825 2,500

6,050 3,500 5,725 5,350 2,865

INDIA# INR/m2

281 - 534 N/A N/A N/A 546 - 647

2,037 - 2,429 N/A N/A N/A 1,796 - 2,269

1,736 - 2,474 N/A N/A N/A 1,387 - 1,900

HO CHI MINH VND(’000)/m2

95 95 370 140 170

460 320 705 481 253

760 170 910 790 140

-

140 140 480 200 230

703 450 943 676 398

- 1,050 - 280 - 1,150 - 950 - 410

BEIJING RMB/m2

600 450 1,800 600 1,250

1,750 650 1,900 1,900 1,100

2,000 200 2,200 2,300 850 2,500 900 2,600 2,500 1,750

2,800 300 2,750 2,850 1,750

- 750 - 600 - 2,500 - 750 - 2,000

-

-

HONG KONG HK$/m2

N/A N/A 1,800 - 2,200 600 - 800 1,500 - 2,000

N/A N/A 2,600 - 3,100 2,600 - 2,800 1,000 - 1,300

N/A N/A 2,600 - 3,000 2,200 - 2,800 900 - 1,100

MACAU MOP/m2

1 (Cont’d)





(Cont’d)

47

42 16 100 48 29

32 25 38 26 35

-

-

67 26 175 84 41

65 38 85 70 68

875 565 1,275 1,485 795

1,050 505 1,225 1,010 555

-

1,115 730 1,850 1,910 1,010

- 1,375 - 665 - 1,565 - 1,165 - 670

611 - 1,165 N/A N/A 1,243 - 1,760 694 - 1,004

650 - 1,079 N/A N/A N/A 446 - 561 294 145 232 327 175

180 150 220 220 70 -

577 400 520 520 289

265 225 375 375 135 700 550 550 850 450

550 400 600 550 150

700 500 850 700 250

- 1,200 - 750 - 850 - 1,000 - 850

N/A N/A 600 - 800 450 - 700 450 - 600

N/A N/A 900 - 1,100 600 - 800 250 - 300

The above costs are at 4th Quarter 2015 levels, exclusive of contingencies unless otherwise stated. * Generally without air condition. ** Excludes special power supply. @ Rates are nett of VAT. # Rates are based on projects in Bangalore and are nett of VAT and Service Tax. Mumbai costs are generally 8% higher.


LIFTS / ESCALATORS


FIRE SERVICES

48


HYDRAULIC SERVICES


ELECTRICAL SERVICES


MECHANICAL SERVICES

110 89 368 137 168

593 305 651 520 252

761 173 971 1,050 310

-

-

163 131 488 184 226

651 431 830 651 368

- 966 - 289 - 1,265 - 1,103 - 410

SHANGHAI RMB/m2

122 86 391 112 145

530 306 680 483 278

-

-

166 112 493 150 257

765 445 916 653 445

765 - 1,040 150 - 268 1,071 - 1,339 707 - 954 122 - 380

SHENZHEN/ GUANGZHOU RMB/m2

60 60 280 60 100

420 250 500 400 220

680 130 720 580 90

-

120 120 350 120 180

650 350 750 650 330

- 980 - 220 - 1,150 - 980 - 280

CHONGQING/ CHENGDU RMB/m2

30 N/A 197 118 99 -

439 N/A 683 488 293 -

585 N/A 683 585 98 -

296 167 197

118

878 585 390

634

780 878 293

683

SHENYANG RMB/m2

69 N/A 197 118 99 -

458 N/A 702 507 215 -

585 N/A 683 585 98 -

296 167 148

118

897 605 312

673

780 683 293

683

DALIAN RMB/m2

1 (Cont’d)





49

280 135 220 325 165

220 150 280 250 50

-

-

550 390 495 495 325

300 250 380 380 100

294 150 241 326 122

224 139 278 247 64

-

-

481 434 465 460 268

348 267 413 370 122 330 140 280 280 130

160 130 180 200 45 -

580 340 480 430 230

230 230 300 300 90 300 N/A 300 140 120 -

146 N/A 127 49 49 -

The above costs are at 4th Quarter 2015 levels, exclusive of contingencies unless otherwise stated. * Generally without air condition. ** Excludes special power supply.


LIFTS / ESCALATORS


FIRE SERVICES

500 230 250

550

224 146 127

224

300 N/A 250 150 120 -

146 N/A 146 146 59 -

350 250 200

550

224 195 146

224

1

CONSTRUCTION COST DATA UNIT COSTS FOR ANCILLARY FACILITIES FOR KUALA LUMPUR DESCRIPTION

UNIT

RM

PLAYGROUND EQUIPMENT

Outdoor playground equipment comprising various activities and safety mat Age group: 4 to 12 Child Capacity: 15 - 20 * Price varies according to equipment and design.

per set

46,600

per room

15,200

per room

18,000

SAUNAS

Sauna room complete with timber finishes (Finland Spruce), stainless steel heater with built-in control panel and all accessories Size: 8’ x 8’ x 7’6” STEAM BATHS

Steam bath complete with steam generator, aluminium framed glass door, ceramic wall tiles, water proofing system, lighting and all accessories Size: 8’ x 8’ x 7’6” GOLF COURSES

(Based on “Average Cost Model” of an 18 hole golf course in Asia). Including fairway construction and rough hydro seeding.

per hole

2,552,000

GOLF SIMULATOR

Complete golf simulation system complete with projector, high impact projection screen, artificial grass putting turf, putting green

50

per set

275,000


DESCRIPTION

UNIT

RM

SQUASH COURTS

Single court with glass back wall including associated mechanical and electrical services but excluding any public facilities (enclosing structure not included)

per court

59,300

per court

60,000

Size: 25m x 10.5m Depth: approx. 1.2m to 1.8m Outdoor swimming pool built on ground, fully tiled, completed with 5m wide deck and associated equipment

per pool

822,300

Extra for heating equipment (solar)

per pool

172,500

Extra for ozone system

per pool

241,500

Size: 25m x 10.5m Depth: approx. 1.8m to 3.0m Indoor swimming pool built with suspended structure (enclosing structure not included) fully tiled and completed with 5m wide deck, including mechanical ventilation and associated equipment

per pool

1,201,800

Extra for heating equipment (solar)

per pool

287,500

Extra for ozone system

per pool

345,000

TENNIS COURTS

Single court on grade with acrylic surfacing complete excluding chain link fence SWIMMING POOLS


51

1

CONSTRUCTION COST DATA FIT-OUT COSTS FOR KUALA LUMPUR DESCRIPTION

RM/m2

HOTELS

Public Area (Front of House): 2,530 - 3,470 3 - star Hotel 3,340 - 4,170 4 - star Hotel 4,150 - above 5 - star Hotel Guest Rooms: 1,260 - 1,800 3 - star Hotel 1,730 - 2,750 4 - star Hotel 2,650 - above 5 - star Hotel Notes: 1. Includes furniture, floor, wall and ceiling finishes, drapery, sanitary fittings and light fittings. 2. Excludes partitioning, M&E works, chandelier, building shell, operational items and equipment (e.g. bed, cutlery, crockery, linen, television, refrigerator etc.), opening expenses, stage equipment and computer systems.

OFFICES

490 660 General Office 660 - 1,080 Executive Office 1,070 - above Prestige Office Notes: 1. Local furniture allowed for general offices. 2. Includes furniture, partitioning, minor alteration to fire services, air-conditioning and suspended ceiling to suit layout. 3. Excludes telephones, Local Area Network, office equipment (e.g. computers, photocopies, fax machines,UPS, etc).

RESTAURANTS

2,460 - 3,820 General dining restaurant 5,770 - above Fine dining restaurant Notes: 1. Includes furniture, floor, wall and ceiling finishes, minor alteration to air-conditioning and fire services installation to suit layout, exhaust for kitchen but excludes exhaust flue, operational items (e.g. cutlery, crockery, linen, utensils, etc.).

52


GENERAL CONSTRUCTION DATA

JUBM - Langdon & Seah Building Works Composite Tender Price Index (BWCTPI) JKR Tender Price Index Value of Construction Work Done Performance of Construction Sector Estimating Rules of Thumb Technical Specifications Average Unit Prices Unit Price Index Construction Sector Indicators Commodities Price Trend (Jan to Dec 2015) Malaysia Construction Sector - Employment & GDP Progress Payments

2

100.0

110.0

120.0

135.7

133.4

Q2 2010

Q1 2010

Q3 2009

Q2 2009

Base Year = 2000

Q3 2011

Q2 2011

Q1 2011

Source: JUBM & Langdon & Seah

Q4 2011

Q4 2010

Q3 2010

137.3

Q4 2009

130.0

Q1 2012

140.0

Q2 2012

154.9 152.5 149.1 146.3 154.3 143.2 150.8 142.1 149.9 141.0 146.0 141.3 141.6

Q3 2012

147.2

Q4 2012

Q1 2009

150.0

Q1 2013

160.0

167.6

Q2 2013

169.4

Q3 2013

171.5

172.0

170.3

Q1 2014

Q4 2013

169.5

174.9 175.8 173.3

Q3 2014

170.0

Q4 2014

Q2 2014

180.0

Q1 2015

190.0

Q2 2015

200.0

167.3

166.5

166.4

Q3 2015

Tender Price Index

Q4 2015

54 1H 2016 (f)

2 GENERAL CONSTRUCTION DATA

JUBM - LANGDON & SEAH BUILDING WORKS COMPOSITE TENDER PRICE INDEX (BWCTPI)



408.49 420.49 415.24 446.03 461.82

2011 2012 2013 2014 2015

411.36 429.32 437.35 453.99 N/A

2/2 312.56 412.62 426.13 458.76 446.03 398.59

0

50

100

150

200

250

300

350

400

450

500

2006

2005

2002

Base Year = 1980 Source: Contract and Quantity Survey Branch, Public Works Department (JKR), Malaysia

1/2 312.09 393.64 415.44 441.68 427.14 410.18

Year 2005 2006 2007 2008 2009 2010

2003

Tender Price Index

2004

TENDER PRICE INDEX

JKR TENDER PRICE INDEX

55

2015

2014

2013

2012

2011

2010

2009

2008

2007

56

4,885 5,162 5,061 5,760

5,413 6,484 6,253 6,813

7,202 7,657 7,598 8,059

8,606 8,253 8,227

Q1/2012 Q2/2012 Q3/2012 Q4/2012

Q1/2013 Q2/2013 Q3/2013 Q4/2013

Q1/2014 Q2/2014 Q3/2014 Q4/2014

Q1/2015 Q2/2015 Q3/2015

29.9 30.3 28.5

28.8 30.4 30.0 29.7

26.3 28.5 27.4 27.6

27.6 25.4 24.8 26.0

22.5 25.1 26.1 26.1

(%)

10,006 9,418 9,937

8,052 8,157 8,724 9,382

6,714 7,123 7,869 7,598

6,807 7,086 7,158 6,431

6,578 6,513 6,166 5,958

RM million

34.8 34.6 34.5

32.2 32.4 34.5 34.6

32.6 31.4 34.4 30.8

38.4 34.8 35.1 29.0

42.4 43.3 38.5 33.7

(%)

Non-residential Buildings

8,753 8,288 9,330

8,399 8,167 7,838 8,285

7,603 8,025 7,667 9,006

5,119 7,050 7,201 8,835

4,363 3,530 4,355 6,057

RM million

30.5 30.4 32.4

33.6 32.4 31.0 30.6

36.9 35.3 33.6 36.5

28.9 34.6 35.3 39.8

28.1 23.5 27.2 34.3

(%)

Civil Engineering

Source: Quarterly Construction Statistics, Department of Statistics Malaysia

3,491 3,775 4,180 4,610

RM million

Residential Buildings

Q1/2011 Q2/2011 Q3/2011 Q4/2011

Quarter / Year

1,376 1,280 1,340

1,320 1,192 1,141 1,373

884 1,086 1,062 1,275

915 1,052 982 1,165

1,087 1,222 1,335 1,036

4.8 4.7 4.6

5.3 4.7 4.5 5.1

4.3 4.8 4.6 5.1

5.2 5.2 4.8 5.2

7.0 8.1 8.3 5.9

(%)

Special Trade RM million

28,741 27,239 28,834

24,973 25,173 25,301 27,099

20,613 22,717 22,852 24,692

17,726 20,349 20,401 22,191

15,519 15,041 16,037 17,661

(%)

100.0 100.0 100.0

100.0 100.0 100.0 100.0

100.0 100.0 100.0 100.0

100.0 100.0 100.0 100.0

100.0 100.0 100.0 100.0

Total RM million


VALUE OF CONSTRUCTION WORK DONE BY TYPE OF CONSTRUCTION ACTIVITY


2013

2014


8,719 9,392 9,753

9,652 9,774 9,875 9,835 10,000 9,982 10,074 9,883

Q1 Q2 Q3

Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

No. of Project

24,692,364 24,973,000 25,173,000 25,301,000 27,099,000 28,741,000 27,239,000 28,834,000

20,613,411 22,717,500 22,851,629

8.1 1.1 0.8 0.5 7.1 6.1 - 5.2 5.9

- 7.1 10.2 0.6

11.3 21.2 10.8 10.7 9.7 15.1 8.2 14.0

16.3 11.6 12.0

Percentage Change (%) (QoQ) (YoY)

(%)

(10.00)

(5.00)

0.00

5.00

10.00

15.00

20.00

25.00

Q1

2013

Q2

Source: Quarterly Construction Statistics, Department of Statistics Malaysia

2015

Value of Construction Done (RM’000)

Q3

Q4

Q1

2014

Q2

Q3

Q4

Q1

2015

Q2

Q3

Percentage Change (%) (YoY)

Percentage Change (%) (QoQ)

PERFORMANCE OF THE CONSTRUCTION SECTOR

57

2

GENERAL CONSTRUCTION DATA ESTIMATING RULES OF THUMB Composition of Concrete (per m3) Mix

Cement

Sand

Aggregate

1:3:6 1:2:4 1:1:2

216kg 308kg 540kg

0.45m3 0.43m3 0.38m3

0.90m3 0.86m3 0.75m3

Weight of Concrete Items Item

Weight

Concrete Cement Sand Aggregate Steel

2,400 1,441 1,600 1,350 7,843

kg/m3 kg/m3 kg/m3 kg/m3 kg/m3

Average Loads Volume

10.0 m3 5.5 m3 200 - 1,450 m3

Lorry Concrete truck (24 ton) Barge

Dimensions for Standard Parking Space, Loading/ Unloading Bays and Lay-bys

Private Cars, Taxis and Light Vans Coaches and Buses Lorries Container Vehicles

Length

Width

Minimum Headroom

5 m

2.5 m

2.4 m

12 m 11 m 16 m

3.0 m 3.5 m 3.5 m

3.8 m 4.1 m 4.5 m

Minimum headroom means the clearance between the floor and the lower most projection from the ceiling including any lighting units, ventilation duct, conduits or similar.

58


Structure Design - Concrete Ratios The following is a range of concrete ratios for building superstructure design: Concrete/floor area 0.3 m3/m2 to 0.6 m3/m2 Formwork/floor area 2.2 m2/m2 to 3.0 m2/m2 Reinforcement/concrete vol. 160 kg/m3 to 250 kg/m 3 Average External Wall/Floor Ratio 1.0 m2/m2 0.4 m2/m2 0.4 m2/m2

Residential Apartments Office, Hotel Industrial Average Internal Wall/Floor Ratio

1.0 m2/m2 0.5 m2/m2 1.5 m2/m2

Residential Apartments Office Hotel Air - Conditioning Average

0.05 tonne/m2 of floor area

The above ratios are indicative and for reference purposes only. They do not account for buildings with special shapes, configurations or particular small foot prints. Indicative Dimensions for Sports Grounds

Tennis Court Squash Court Basketball Court Volleyball Court Badminton Court Rink Soccer Playing Feld Futsal

Length Width 40 m 20 m 13 m 6 m 38 m 23 m 30 m 20 m 20 m 10 m 61 m 26 m 110 - 120 m 70 - 80 m 25 - 42 m 15 - 25 m

The above dimensions are for a single court with appropriate clearance. No spectator seating or support area has been allowed. GENERAL CONSTRUCTION DATA

59

60

BS 4483 or SS-32 Ref No.

A 393 A 252 A 193 A 142 A 98 -

B 1131 B 385 B 503 B 385 B 283 B 196

C 785 C 636 C 503 C 385 C 283 -

BRC Ref. No.

A 10 A9 A8 A7 A 6/5 A5 A4

B 12 B 10 B9 B8 B7 B6 B5

C 10 C9 C8 C7 C6 C5

10.0 9.0 8.0 7.0 6.0 5.0

12.0 10.0 9.0 8.0 7.0 6.0 5.0

10.0 9.0 8.0 7.0 6.5 6.0 5.0 4.0

10.0 9.0 8.0 7.0 6.5 6.0 5.0 4.0

200 200 200 200 200 200 200 200

100 100 100 100 100 100

100 100 100 100 100 100 100

6.0 6.0 5.0 5.0 5.0 5.0

8.0 8.0 8.0 8.0 7.0 7.0 7.0

400 400 400 400 400 400

200 200 200 200 200 200 200

RECTANGULAR MESHES

200 200 200 200 200 200 200 200

785 636 503 385 283 196

1,131 785 636 503 385 283 196

393 318 252 193 166 142 98 63

71 71 49 49 49 49

252 252 252 252 193 193 193

393 318 252 193 166 142 98 63

Cross-Sectional Area Main Wire Cross Wire Size Spacing Size Spacing Main Cross mm mm mm mm mm2/m mm2/m SQUARE MESHES

6.72 5.55 4.34 3.41 2.61 1.93

10.90 8.14 6.97 5.93 4.53 3.73 3.05

6.16 4.99 3.95 3.02 2.61 2.22 1.54 0.99

Mass Per Unit Area Kg/m2

(all Ref. No’s) Length : 6.0 metres Width : 2.2 metres

Sheets

(Ref. No’s: A4, A5, A6, A6/5 only) Length : 40.0 metres Width : 2.0 metres

Rolls

STANDARD SIZES


TECHNICAL SPECIFICATIONS

Table for Standard BRC Fabrics


Weight Tables for Mild Steel Round Bar & High Tensile Deformed Bar

Unit No. of Pcs. Weight Cross Std. Size (mm) High Yield Mild Steel Sectional Weight 12m Length Per Bundle (MT) Deformed Round Area (mm2) (kg/m) Per Bundle

D6 D8 D9 D 10 D 12 D 16 D 20 D 22 D 25 D 28 D 32 D 35 D 38 D 40

Ø6 Ø8 Ø9 Ø 10 Ø 12 Ø 16 Ø 20 Ø 22 Ø 25 Ø 28 Ø 32 Ø 35 Ø 38 -

28.3 50.3 63.6 78.5 113.1 201.1 314.2 380.1 490.9 615.8 804.2 962.1 1,134.1 1,256.6

0.222 0.395 0.499 0.616 0.888 1.579 2.466 2.984 3.854 4.834 6.313 7.553 8.903 9.864

376 210 168 138 96 54 34 28 22 18 14 12 10 9

1.002 0.995 1.006 1.020 1.023 1.023 1.006 1.003 1.017 1.044 1.061 1.088 1.068 1.065

* High Yield Deformed Bar Standard Length : 12 metres straight. * Mild Steel Round Bar Standard Length : 12 metres straight or 12 metres once folded. * Special cut length can be produced from 6m to 15m on a certain min. quality per size per order upon request.


61

62

B

2,430.00 2,430.00 2,430.00 2,380.00 2,380.00 2,380.00 2,420.00 2,420.00 2,440.00 2,380.00 2,380.00

C

2,230.00 2,230.00 2,230.00 2,240.00 2,240.00 2,240.00 2,230.00 2,230.00 2,250.00 2,200.00 2,200.00

1.93 1.70 1.95 1.95 1.95 2.05 2.05 1.95 1.80 1.90 1.90

A

1.93 1.70 1.95 1.95 1.95 2.05 2.05 1.95 1.80 1.90 1.90

B

C

1.93 1.70 1.95 1.95 1.95 2.05 2.05 1.95 1.80 1.90 1.90

Diesel Retail Price

Automative Gas Oil RM/Litre

Region: A = Central Peninsular Malaysia; B = Kota Kinabalu; C = Kuching December rates are not available at time of printing. Source: Special Release 1, For Civil Engineering Works, Department of Statistics, Malaysia.

2,000.00 1,980.00 1,980.00 1,650.00 1,650.00 1,650.00 1,700.00 1,700.00 1,650.00 1,690.00 1,690.00

A

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov

C

B

A

2.17 2.17 2.17 2.17 2.17 2.17 2.17 2.17 2.17 2.17 2.17

Region

N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

80/100 Penetration

Medium

2015

2.31 2.31 2.31 2.31 2.31 2.31 2.31 2.31 2.31 2.31 2.31

Bitumen RM/Metric Ton

Fuel Oil RM/Litre

A

44.11 44.16 44.16 46.68 46.87 47.44 48.02 48.02 48.02 48.02 48.02

36.66 36.66 36.66 37.14 37.14 37.14 37.14 37.14 37.14 36.83 36.51

B

River Sand C

37.67 37.67 37.67 38.47 38.67 39.33 39.33 39.00 39.00 39.00 39.00

Sand RM/Metric Ton

18.60 18.58 18.63 19.56 19.71 19.68 19.69 19.69 19.54 19.53 19.48

A

17.84 17.84 17.84 19.02 19.02 18.52 18.52 18.52 18.52 18.89 18.89

B

17.92 17.92 17.92 18.82 19.03 19.03 19.03 19.03 19.03 19.03 19.14

C

Ordinary Portland

Cement RM/50 kg Bag

2 GENERAL CONSTRUCTION DATA AVERAGE UNIT PRICES



63

30.31 30.42 30.42 31.06 31.24 31.29 31.41 31.53 31.53 32.44 32.44


41.00 41.00 41.00 41.65 41.65 41.65 41.65 41.65 41.65 41.65 41.65

B

26.38 27.18 27.98 28.18 28.18 28.18 28.18 28.18 28.18 28.18 28.18

C

26.22 26.22 29.11 31.71 31.49 31.93 32.28 32.26 32.18 33.44 33.38

A

59.40 59.40 59.40 60.88 60.88 60.88 62.83 62.83 62.83 62.83 62.83

B

34.48 34.48 34.48 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00

C

Granite 20mm (3/4”)

52.00 52.00 52.00 53.62 53.62 53.62 53.62 53.62 53.62 53.62 54.62

B

23.95 23.95 23.35 25.40 25.40 25.40 25.40 25.40 25.40 25.40 25.40

C


29.31 29.68 30.73 30.90 31.04 31.73 32.32 32.32 32.32 32.04 32.04

A

Region: A = Central Peninsular Malaysia; B = Kota Kinabalu; C = Kuching December rates are not available at time of printing. Source: Special Release 1, For Civil Engineering Works, Department of Statistics, Malaysia.

A


Region

2015

Aggregates RM/Metric Ton

23.63 23.61 23.61 24.93 25.05 24.80 24.87 24.69 24.69 24.87 24.87

A

41.75 41.75 41.75 42.41 42.41 42.41 42.41 42.41 42.41 42.41 42.41

B

Crusher run

21.50 23.00 23.00 23.92 25.57 25.57 25.57 25.57 25.57 25.57 25.57

C

64

102.1 102.1 102.1 106.4 108.9 108.9 108.7 108.9 107.7 107.6 107.4

2015


Glass

106.5 106.5 106.5 109.9 112.1 112.1 112.1 112.1 112.1 112.6 112.6

Ceiling Materials

99.7 99.7 99.7 104.6 108.3 108.2 108.2 107.7 108.5 108.5 108.5

Roofing Materials

100.0 100.0 100.0 105.7 109.4 109.4 109.4 109.4 109.3 109.2 109.4

Timber

97.2 96.0 96.9 97.7 98.7 98.7 100.7 100.7 105.6 106.1 110.9

Plywood

68.8 68.8 68.8 68.8 68.8 68.8 69.5 69.5 70.3 70.3 74.8

Sanitary Fittings

100.2 100.2 101.5 108.5 113.2 113.2 113.2 113.2 113.3 113.3 113.3

Floor & Wall Tiles

107.5 107.5 107.5 111.1 112.5 112.5 112.7 112.7 112.2 112.3 112.3 100.8 100.6 100.6 103.7 104.9 104.9 104.9 104.9 104.8 104.7 104.6

Plumbing Materials

Note: July 2012 = 100 Unit Price Index above are applicable for Wilayah Persekutuan Kuala Lumpur, Melaka, Negeri Sembilan and Selangor Region. December rates are not available at time of printing. Source: Special Release 2, For Building and Structural Works, Department of Statistics, Malaysia.

Bricks & Wall

Steel & Metal Sections

94.7 94.4 94.4 98.5 101.0 100.5 100.2 99.0 98.6 97.7 97.1

Paints

105.0 105.2 105.3 110.0 113.0 113.0 112.9 112.5 111.9 111.3 110.8

2 GENERAL CONSTRUCTION DATA UNIT PRICE INDEX



Index

0

5,000

10,000

15,000

20,000

25,000

Number

80.0

100.0

120.0

140.0

160.0

180.0

200.0

220.0

240.0

Other articles of concrete, cement and plaster Basic iron and steel products Production of construction related products

2015

Housing Approvals* (number) Loans Approved for Construction Sector (RM million)

2014

2014

2015

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

RM Million

Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept Oct

Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept Oct Nov

260.0

243.7 193.1 214.3 202.8 194.6 214.5 186.6 202.1 201.5 193.4

99.6 101.9 111.4 118.1 111.9 108.7 112.5 98.7 106.0 99.7

Basic Iron and Steel Products

112.4 106.5 119.3 119.7 118.7 119.3 118.8 117.9 121.6 119.7

Construction Related Products

Loans Approval for Construction Sector (RM million)

1,956 1,020 1,704 2,557 2,401 2,504 2,144 1,891 2,058 2,102

Housing Approvals* (number)

11,511 2,374 18,387 13,520 21,117 14,525 13,765 3,978 6,828 9,384

Note: November and December rates are not available at time of printing. # All rates are based on the new Industrial production Index (2010 = 100). * No. of housing units by private developers approved for construction by the Ministry of Housing and Local Government in Peninsular Malaysia. Source: Monthly Statistical Bulletin, Central Bank of Malaysia.

Jan Feb Mar Apr May Jun Jul Aug Sep Oct

Other Articles of Concrete, 2015 Cement & Plaster

Production# (Index)

CONSTRUCTION SECTOR INDICATORS

65

2


COMMODITIES PRICE TREND (JAN TO DEC 2015) Nickel USD/Tonne 16,000

15,000

14,000

13,000

12,000

11,000

10,000

9,000

8,000 Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Copper (Grade A) USD/Tonne 7,000

6,500

6,000

5,500

5,000

4,500

4,000 Jan

66

Feb

Mar

Apr

May


Aluminium USD/Tonne 2,000

1,900

1,800

1,700

1,600

1,500

1,400

1,300 Jan

Feb

Mar

Apr

May

Year 2015

Aluminium

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

1,807.81 1,820.08 1,771.93 1,816.48 1,804.53 1,682.93 1,637.41 1,539.15 1,588.18 1,523.32 1,465.12 1,493.50

Jun

Jul

Aug

Copper (Grade A)

Sep

Oct

Nov

Dec

Nickel

Monthly Average (USD / Tonne)

5,814.33 5,700.90 5,925.07 6,027.45 6,299.55 5,832.82 5,455.52 5,088.18 5,206.55 5,221.00 4,827.20 4,628.19

14,762.86 14,527.75 13,738.64 12,776.75 13,501.05 12,773.41 11,375.22 10,335.25 9,892.50 10,338.64 9,225.00 8,685.24

Source: London Metal Exchange


67

2

GENERAL CONSTRUCTION DATA MALAYSIA CONSTRUCTION SECTOR - EMPLOYMENT & GDP Employment (’000)

%

1,280

9.50

1,260 9.40 1,240 1,220

9.30

1,200 9.20 1,180 1,160

9.10

1,140 9.00 1,120 1,100

8.90 2012

2013

2014

2015*

Employment for Construction Sector Contribution to Total Employment

GDP (RM million)

%

55,000

4.80

50,000

4.60

45,000

4.40 4.20

40,000

4.00 35,000 3.80 30,000

3.60

25,000

3.40

20,000

3.20

15,000

3.00 2012

2013

2014

2015*

2016**

Year Gross Domestic Product (GDP) for Construction Sector Contribution to Total GDP

Note: * Estimate by Ministry of Finance Malaysia ** Forecast by Ministry of Finance Malaysia Source: Economic Report 2015/2016, Ministry of Finance, Malaysia

68



0

20

40

60

80

100

0

20

40

60

Contract Period (%)

Progress Claims (%)

80

100

Cumulative Progress Claims

2% 5% 8% 13% 18% 24% 30%

Contract Period

5% 10% 15% 20% 25% 30% 35%

40% 45% 50% 55% 60% 65% 70%

Contract Period

36% 43% 50% 57% 64% 70% 76%


No account has been made for retention.

75% 80% 85% 90% 95% 100%

Contract Period

82% 87% 92% 95% 98% 100%


The rate of expenditure is an average rate and will vary from project to project when specific project circumstances are taken into account.

The following graph and table are an indication of the rate of expenditure for construction projects.

PROGRESS PAYMENTS

69

2

70



PROPERTY

Residential Hotel Office Shopping Complex Shop Industrial

3

72

4,892,055

446,389 6,757 11,761 1,395,034 725,270 393,303 423,796 245,804 167,304 282,826 234,460 90,013 62,322 23,668 162,689 220,659

831,186

56,086 9,200 882 176,523 166,139 72,114 44,855 65,303 29,668 47,101 38,292 24,185 15,724 3,617 50,101 31,396

Existing Stock Incoming Supply (unit) (unit)

0

10

20

30

40

50

2013

Ampang Hilir / U-Thant

2012

Source: Knight Frank

Note: (e) = estimate; (f) = forecast

Bangsar / Damansara Heights

2010

2011

2H2014

Mont’ Kiara / Sri Hartamas

1H2014

KL City

1H2015(e) 2H2015(f)

Projection of Cumulative Supply for High End Condominiums

Number of Units (’000)

Source: Residential Property Stock Report, 2nd Quarter 2015, by Valuation & Property Services Department.

p = preliminary

MALAYSIA

WP Kuala Lumpur WP Putrajaya WP Labuan Selangor Johor Pulau Pinang Perak Negeri Sembilan Melaka Kedah Pahang Terengganu Kelantan Perlis Sabah Sarawak

Residential p Q2 2015

3 PROPERTY

RESIDENTIAL

PROPERTY

2Q07 410 620 500 730 240 280

2Q08 415 725 515 890 240 290

2Q09 420 700 530 950 250 290

Bdr Sri Damansara (SD7) TTDI (Athinahapan) Bandar Utama (BU1) Bangsar Baru USJ (USJ 6) Bdr Puchong Jaya

Source: The Edge & CBRE

Bdr Puchong Jaya

USJ (USJ 6)

Bangsar Baru

Bandar Utama (BU1)

TTDI (Athinahapan)

Bdr Sri Damansara (SD7)

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

2Q10 470 750 610 1,100 270 320

2Q11 600 900 800 1,300 340 375

2Q12 700 1,100 920 1,350 440 500

Capital Value for selected 2-storey terraced houses (land area 1,200 - 1,900 sqft) in Klang Valley

RM/Unit/'000

PROPERTY

73

2Q13 850 1,300 1,100 1,600 500 600

2Q14 970 1,400 1,250 1,780 600 660

2Q15 970 1,600 1,300 1,800 670 760

2.70 - 5.30 2.00 - 4.00 2.50 - 4.00 2.20 - 3.40 2.50 - 4.50 2.20 - 3.30

Asking Gross Rental (RM psf/month)

650 - 1,600 500 - 1,100 650 - 950 520 - 900 650 - 1,200 450 - 750

Average Asking Price (RM psf)


Notes: * Excludes The Binjai On The Park ** Includes Twins @ Damansara Heights *** Excludes Verve Suites which comprises mainly fully furnished small units

KL City* Ampang Hilir / U-Thant Damansara Heights** Kenny Hills Bangsar Mont Kiara***

Locality

Asking Prices and Rentals of Existing High End Condominiums (1H 2015)

205,599

35,706 783 1,702 16,219 22,774 15,556 13,683 6,761 11,853 12,111 21,444 8,241 4,056 906 16,906 16,898

22,859

3,974 218 561 1,896 2,610 4,001 761 1,283 3,322 909 166 479 0 79 1,071 1,529

Existing Stock Incoming Supply (Room) (Room)

Source: Leisure Property Stock Report, 2nd Quarter 2015 by Valuation & Property Services Department

p = preliminary

MALAYSIA


Hotel p Q2 2015

70.0

80.0

90.0

4Q14

3Q14

2Q14

1Q14

4Q13

Source: Malaysian Institute of Economic Research

100.0

110.0

120.0

130.0

140.0

150.0

160.0

points

1Q13

Tourism Market Index

2Q13

74 3Q13

3 PROPERTY

HOTEL

PROPERTY

3Q15

2Q15

1Q15

Arrivals (Mil)

2006

2005

2004

Source: Tourism Malaysia

-

10,000

20,000

30,000

40,000

50,000

60,000

2007

70,000

Receipts (RM mil)

2008

RM Million 80,000

2011

2010

Tourist Arrivals & Receipts to Malaysia

2009

PROPERTY

75

2014

2013

2012

0

5

10

15

20

25

Million 30

304 253 143 150 750 250 321 255 124 253 280 286 313

Source: Property market 2015, WTW Research

Ibis Hotel The RuMa Hotel and Residences Banyan Tree Signatures Pavilion KL W Hotel and Serviced Apartment - Hotel Raffles Hotel Four Seasons Place Kuala Lumpur Harrods Hotel Hilton Garden Inn Alila Bangsar @ The Establishment Sheraton Petlaing Jaya Autograph Collection @ Empire City Marriott @ Empire City 1 Clermont Hotel @ Damansara City

Nos of Room

Incoming Hotel Development in Klang Valley

2016 2016 2016 2016 2017 2017 2018 2016 2017 2017 2016 2016 2016

Expected year of completion

76

1 First Avenue Plaza 33 Surian Tower The Ascent @ Paradigm Puchong Financial Corporate Centre The Pinnacle Wisma Mustapha Kamal

Beyond KL (Selangor)

Quill 7 Menara CIMB Nu Tower 1 & Nu Tower 2 Menara Shell The Gardens North & South Towers Menara BRDB

KL Fringe

Integra Tower Menara Maxis Vista Tower G Tower Menara Darussalam Menara Binjai Menara Prestige

KL City

RM6.80 RM5.56

Average Grade A Rent @ Prime Decentralised Area

Source: Knight Frank & IVPS Research

6.00 4.50 5.50 5.50 4.50 5.50 4.80

RM7.80

Average Grade A Rent @ Golden Triangle of KL CBD

Average Grade A Rent @ Prime KL Fringe

15.0%

Vacancy

2015

7.50 8.00 6.50 7.50 7.80 6.50

11.00 10.50 9.00 8.50 8.50 8.50 7.50 - 8.50

Asking Gross Rental (RM psf/month)

Selected Grade A Office Asking Rentals (1H2015)

0.04%

0.0%

- 0.01%

- 2.0%

Q-O-Q Change

NA

NA

NA

NA

Y-O-Y Change

12 Month Outlook

3 PROPERTY

OFFICE

PROPERTY

PROPERTY

77


Occupancy and Rental Trends 1H2010 - 1H2015

1,738,182

518,801 293,512 19,222 629,064 89,924 24,567 8,375 20,248 5,004 5,050 19,175 6,459 9,847 11,933 47,624 29,378

Incoming Supply (m2)

Source: Commercial Property Stock Report, 2nd Quarter 2015 by Valuation & Property Services Department

p = preliminary

19,779,301

8,257,055 2,026,833 66,157 3,049,090 1,063,350 1,105,459 613,463 294,165 398,487 339,243 397,067 336,898 380,067 131,038 671,674 649,255


MALAYSIA

Existing Stock Total Space (m2)

Purpose Built Office p Q2 2015

78

13,206,456

2,603,216 61,090 28,734 3,019,857 1,660,763 1,678,831 831,098 439,577 399,852 486,607 272,809 115,398 224,890 47,652 654,918 681,164

Existing Stock Total Space (m2)

1,567,139

338,146 26,456 0 46,643 368,115 47,541 32,070 56,429 79,512 69,689 7,108 53,099 112,352 15,026 122,875 192,077

Incoming Supply (m2)

Pulau Pinang 12.71%

Other States 32.13%

Johor 12.58%

Selangor 22.87%

WP Kuala Lumpur 19.71%

Distribution of Shopping Complex in Malaysia as at Q2 2015p

Source: Commercial Property Stock Report 2nd Quarter 2015 by Valuation & Property Services Department

p = preliminary

MALAYSIA


Shopping Complex p Q2 2015

3 PROPERTY

SHOPPING COMPLEX

PROPERTY

Existing Stock

Bukit Bintang/ Jalan Raja Chulan

Jalan Ampang

Klang

Shah Alam

Subang Jaya/ Sunway

Petaling Jaya

Source: Commercial Property Stock Report 2nd Quarter 2015 by Valuation & Property Services Department

-

100,000

200,000

300,000

400,000

500,000

600,000

m2

Bangsar

Shopping Complex's Existing Stock in Kuala Lumpur & Selangor (By Location) as at Q2 2015

Central Commercial Area

PROPERTY

79


Note: (1) Previously known as CapSquare Retail Centre (2) Previously known as G Avenue

300,000 360,000 850,000 230,000 62,000 176,000 400,000 375,000 277,086 700,000 380,000 109,000 240,000

Estimate Net. Lettable Area (sf)

Lulu Hypermarket @ Jakel Square, KL City (1) GLO Damansara, KL Fringe (2) Sunway Velocity Mall, KL Fringe Bangsar Trade Centre, KL Fringe Sunway Pyramid (Phase 3), Bandar Sunway The Square @ One City, USJ 25 Da:Men, Subang Jaya Evolve Concept Mall @ Pacific Place, Ara Damansara Star Avenue Lifestyle Mall, Subang Aeon Shah Alam, Shah Alam M Square Shopping Mall @ Millenia City, Puchong Centrus Mall, Cyberjaya ERETAIL@Emerald Avenue, Selayang

New Projects

Shopping Malls Scheduled for Completion / Opening in 2H2015

80

MALAYSIA

411,204

91,915

4,305 167 92 21,601 18,412 4,960 8,764 5,262 4,913 3,708 4,587 1,668 2,861 881 4,720 5,014

Existing

p

1-1 1/2 Storey 6-6 1/2 Storey

19,356 ; 17.36%

740 ; 0.66% 941 ; 0.84% 1,612 ; 1.45%

Pre-War 5-5 1/2 Storey

11,874 ; 10.65%

2,674 ; 2.40%

7,669 ; 6.88% 2,376 ; 2.13%

33,923 ; 30.42%

4,063 ; 17.21%

204 ; 0.86% 122 ; 0.52% 342 ; 1.45%

Incoming Supplyp

3-3 1/2 Storey Lock-Up

1,509 ; 6.39%

2-2 1/2 Storey Above 6 1/2 Storey

30,345 ; 27.21%

1,695 ; 7.18%

4,139 ; 17.53%

316 ; 1.34%

4-4 1/2 Storey SOHO

p = preliminary

11,218 ; 47.52%

Distribution of Existing and Incoming Supply of Shop in Kuala Lumpur and Selangor as at Q2 2015

Source: Commercial Property Stock Report, 2nd Quarter 2015 by Valuation & Property Services Department

p = preliminary

25,746 389 856 87,852 72,416 30,354 49,324 18,573 18,809 26,683 18,480 6,209 8,759 3,749 16,969 26,036



Shop p Q2 2015

3 PROPERTY

SHOP

PROPERTY

PROPERTY

Semi-Detached

Industrial Complex

Terraced

Flatted Factory

4,937 ; 11.93%

Detached

1180 ; 31.75%

p = preliminary

MALAYSIA


Industrial p Q2 2015

99,119

5,138 48 586 36,249 14,218 8,016 7,532 4,425 4,212 3,329 3,422 824 478 222 5,452 4,968 11,257

0 0 3 3,717 2,744 288 577 903 561 256 146 70 80 9 554 1,349


Source: Industrial Property Stock Report, 2nd Quarter 2015 by Valuation & Property Services Department.

p = preliminary

4,934 ; 11.92%

256 ; 6.89%

5 ; 0.13%

483 ; 1.17%

1,567 ; 3.79%

Incoming SupplyP

2276 ; 61.23%

Existingp

29,466 ; 71.20%

Distribution of Existing and Incoming Supply of Industrial in Kuala Lumpur and Selangor as at Q2 2015

INDUSTRIAL

81

3

82

PROPERTY

PROPERTY

FINANCIAL

Financial Definitions & Formulae Mortgage Repayment Table Malaysia Balance of Trade Consumer Price Index Prime Rates & Base Lending Rates Interest Rates : Banking Institutions Currency Chart Exchange Rates

4

4

FINANCIAL FINANCIAL DEFINITIONS Discount Rate

The rate of return a developer expects when investing in a project. i.e. opportunity cost Internal Rate of Return (IRR)

The IRR may be defined as the interest rate that equates the present value of expected future cash flows to the cost of the investment. The IRR can be compared to the Discount Rate. Net Present Value (NPV)

The NPV is the present value of all future cash flows, discounted back to today’s values at the Discount Rate. The NPV indicates in today’s dollars the profit or loss a developer makes above or below his required profit (based on a nominated Discount Rate). 72 Rule

The approximate number of years required to double your capital can be calculated by dividing the interest rate into 72. e.g.

If interest rate = 10% p.a. Then 72 ÷ 10 = 7.2 years It will take approximately 7.2 years to double your capital if it is invested at 10% p.a.

FINANCIAL FORMULAE Future value of $1 FV = PV (1+i)n Future value of $1 per period FV = PMT [((1+i)n – 1) ÷ i] Sinking fund (the amount required to be put away periodically to realise PMT = FV [i ÷ ((1+i)n – 1)] some future sum)

Present value of $1 Present value of $1 per period Annuity with a PV of $1 (Mortgage bond formula) PV FV PMT n i

84

PV = FV [1÷ (1+i)n] PV = PMT [((1+i)n – 1) ÷ (i(1+i)n)] PMT = PV[(i(1+i)n) ÷ ((1+i)n - 1)]

= = = =

present value future value payment amount period (e.g. 10 years with monthly payments, n = 10 x 12 = 120) = interest rate per period (e.g. 12% p.a. compounded monthly; i = 12% ÷ 12 month = 1% per period) FINANCIAL

MORTGAGE REPAYMENT TABLE Based on: * 1,000 units of currency * Interest compounded monthly * Equal monthly repayments

REPAYMENT (years)

Interest p.a.

5

10

5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% 21% 22% 23% 24% 25%

18.87 19.33 19.80 20.28 20.76 21.25 21.74 22.24 22.75 23.27 23.79 24.32 24.85 25.39 25.94 26.49 27.05 27.62 28.19 28.77 29.35

10.61 11.10 11.61 12.13 12.67 13.22 13.78 14.35 14.93 15.53 16.13 16.75 17.38 18.02 18.67 19.33 19.99 20.67 21.35 22.05 22.75

15

20

7.91 8.44 8.99 9.56 10.14 10.75 11.37 12.00 12.65 13.32 14.00 14.69 15.39 16.10 16.83 17.56 18.31 19.06 19.82 20.58 21.36

6.60 7.16 7.75 8.36 9.00 9.65 10.32 11.01 11.72 12.44 13.17 13.91 14.67 15.43 16.21 16.99 17.78 18.57 19.37 20.17 20.98

Example Borrow $1,000,000 to be repaid monthly at 10% p.a. over 10 years. Repayments = 1,000,000 / 1,000 x $13.22 = $13,220 per month

FINANCIAL

85

4

FINANCIAL MALAYSIA BALANCE OF TRADE Trade Balance RM million

Import/Export RM million

200,000

800,000

180,000

700,000

160,000

600,000

140,000 120,000

500,000

100,000

400,000

80,000

300,000

60,000

200,000

40,000

100,000

20,000

0

0 04 05 06 07 08 09 10 11 12 13 14 15*

Trade Balance Import (RM million) Export (RM million)

Exports Year

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015*

(RM mil)

539,420 590,018 605,175 663,875 552,920 641,135 658,421 644,864 637,683 679,913 326,294

Imports (RM mil)

410,529 452,726 475,687 492,076 412,565 504,384 517,893 531,835 541,131 566,500 275,433

Trade Balance (RM mil)

128,892 137,292 129,488 171,799 140,355 136,751 140,529 113,030 96,552 113,414 50,861

Note: * January to June only Source: Economic Report 2015/2016, Ministry of Finance, Malaysia

86

FINANCIAL

CONSUMER PRICE INDEX % Change in CPI 6.00% 5.00% 4.00% 3.00% 2.00% 1.00%

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

0.00%

Year

Year

CPI

% Change

2005

87.7

3.02 %

2006

90.9

3.61 %

2007

92.7

2.03 %

2008

97.8

5.44 %

2009

98.3

0.58 %

2010

100.0

1.71 %

2011

103.2

3.19 %

2012

104.9

1.66 %

2013

107.1

2.11 %

2014

110.4

3.03 %

2015*

112.6

2.05 %

Note: Year 2010 is the Base Year * Average from January to November 2015 only Source: Department of Statistics, Malaysia

FINANCIAL

87

4

FINANCIAL PRIME RATES & BASE LENDING RATES as at 4th Quarter 2015 Country

Rate (%)

Brunei China*

4.75

5.50

Hong Kong

5.00

India

9.95

Indonesia

7.75

Macau

5.25

Malaysia**

4.65

Philippines

4.51

Singapore

5.35

South Korea+ Thailand++

1.50

United Kingdom

0.50

United States of America Vietnam#

3.25

* ** + ++ #

7.10

9.00

3-Year Benchmark Lending Rate Indicative Effective Lending Rate Call Rate of The Bank of Korea Minimum Loan Rate % pa (Average Based on Local Bank) Minimum and in VND per year

Source: Arcadis Asia Offices

88

FINANCIAL

INTEREST RATES: BANKING INSTITUTIONS Percent Per Annum 9.00

8.00

7.00

6.00

5.00

4.00 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Commercial Banks : Base Lending Rates Commercial Banks : Average Lending Rates Investment Banks : Average Lending Rates

Commercial Banks 2015


Base Lending Rates (%)

Average Lending Rates (%)

Investment Banks Average Lending Rates (%)

6.79 6.79 6.79 6.79 6.79 6.79 6.79 6.79 6.79 6.79 6.79

4.64 4.67 4.68 4.68 4.61 4.57 4.54 4.51 4.49 4.54 4.53

6.87 6.75 6.87 6.97 6.90 6.90 6.88 6.85 6.91 6.85 6.90

Note: December rates are not available at time of publication. Source: Monthly Statistical Bulletin, Central Bank of Malaysia

FINANCIAL

89

90

1.50

2.00

2.50

3.00

3.50

4.00

4.50

5.00

5.50

6.00

6.50

7.00

7.50

8.00

Ringgit (RM)

2005

2006

RM per 1 USD RM per 1 SGD

2007

2008

2009

RM per 1 GBP RM per 1 EURO

2010

2011

2012

2014

RM per 100 JPY

2013

2015

Year

4 FINANCIAL

CURRENCY CHART

FINANCIAL

EXCHANGE RATES as at 4 January 2016 Currency

RM1

US $1

Australia

Country

dollar

0.3188

1.3709

Bahrain

dinar

0.0875

0.3763

Brunei

dollar

0.3289

1.4143

China

rmb

1.5120

6.5015

Egypt

pound

1.7940

7.7142 0.9199

European Currency Unit

ecu

0.2139

dollar

1.8023

7.7501

India

rupees

15.3674

66.0800

Indonesia

Hong Kong

rupiah

3,168.14

13,623.0

Japan

yen

27.9500

120.20

Kenya

shillings

23.5372

101.21

Lebanon

pound

350.140

1,505.6

Malaysia

ringgit

1.0000

4.2950

New Zealand

dollar

0.3401

1.4624

Pakistan

rupee

24.3721

104.80

Philippines

peso

10.9047

46.890

riyal

0.8469

3.6418

Singapore

dollar

0.3294

1.4163

South Africa

rand

3.5933

15.451

won

267.99

1,152.34

rupee

33.465

143.900

Qatar

South Korea Sri Lanka Thailand

baht

8.3640

35.965

United Arab Emirates

dirham

0.8539

3.6719

United Kingdom

pound

0.1578

0.6784

United States of America

dollar

0.2326

1.0000

Vietnam

dong

5,220.9

22,450.0

Source: www.oanda.com/convert/classic

FINANCIAL

91

4

9292

FINANCIAL

FINANCIAL

OTHER INFORMATION

Utility Costs for Selected Asian Cities Weight & Measures Conversion Guide Public Holidays Arcadis Asia Leadership Team Arcadis Asia Sectors Arcadis Asia Services Directory of Offices Telephone Directory (Malaysia)

5

94

0.070

0.100

0.100

0.170

RMB 6.35

RMB 6.35

HK$ 7.80

MOP 7.98

BEIJING

HONG KONG

MACAU

0.120

0.830

0.310

0.780 - 1.420

0.240(peak) 0.130(normal)

0.160 / 0.110

0.238 - 0.462

0.088 - 0.118

0.590

0.550

1.280

0.478 - 0.527

WATER (US$/m3) Commercial/ Industrial

Domestic

1.370

0.860

0.860

0.439

N/A

N/A

N/A

N/A

Leaded

1.850

1.000

0.980

0.473

Unleaded

FUEL (US$/litre) Diesel

0.550 - 0.780

0.700

1.210

N/A

1.440

0.097(peak) 0.048(normal)

0.080

RMB 6.35

RMB 6.35

UNLEADED FUEL: Unleaded 93# = US$1.09/litre; 97# = US$1.15/litre

CHONGQING

UNLEADED FUEL: Unleaded 93# = US$1.09/litre; 97# = US$1.15/litre

SHANGHAI

0.130

0.162(peak) 0.072(normal) 0.380

0.570

0.720

0.820

0.850

0.840

N/A

N/A

0.910 - 0.970

0.910 - 0.970

ELECTRICITY: Electricity tariff are composition of demand charges, consumption charges, fuel clause adjustment and government tax. WATER: (Dom) Consumption: US$0.55/m3 for 28m3 or below, US$0.62/m3 for 29 - 60m3, US$0.70/m3 for 61 - 79m3 and US$0.78/m3 for 80m3or above; Other charges (depending on meter size 15mm - 200mm); Meter rental = US$0.34-58.00/mth; (Comm/Ind) Charges for ordinary users (e.g. Business, government buildings, schools, associations, hospitals and others) only. Special users (e.g. gaming industries, hotels, saunas, golf courses, construction, public infrastructures and other temporary consumption) are excluded.

0.170

ELECTRICITY: Based on tariff scheme of CLP Holding Limited and is charged on bi-monthly consumption. (Dom): 0 - 400 kWh = US$0.10; 400 - 1,000kWh = US$0.12; 1,000 - 1,800kWh = US$0.14; 1,800 - 2,600kWh = US$0.18; 2,600 - 3,400kWh - US$0.21; 3,400 - 4,200kWh = US$0.22; Above 4,200 kWh = US$0.22. WATER: (Dom): 0 - 12 m3 = F.O.C; 12 - 43m3 = US$0.53/m3; 43 - 62m3 = US$0.83/m3; Above 62m3 = US$1.16/m3.

UNLEADED FUEL: Unleaded 97

GUANGZHOU

UNLEADED FUEL: Unleaded gasoline 97

UNLEADED FUEL: Unleaded petrol Ron 95

0.050 - 0.132

ELECTRICITY (US$/kwh) Commercial/ IndustriaI

Domestic

RM 4.33

Exchange Rate US $1 =

KUALA LUMPUR

COUNTRY

5 OTHER INFORMATION

UTILITY COSTS FOR SELECTED ASIAN CITIES

as at 4th Quarter 2015

OTHER INFORMATION

OTHER INFORMATION

95

0.042 - 0.098 0.062 - 0.130 0.052- 0.111

0.008 - 0.120

0.110

B$ 1.26

VND 22,410

BRUNEI

HO CHI MINH

0.116 - 0.121 0.139 - 0.160 0.074 - 0.076

0.060 - 0.160

0.750 / 0.430

0.240 - 0.510

0.050 - 0.165

KRW 1,136

S$ 1.40

MANILA

SEOUL

SINGAPORE

0.111

0.210

0.713

0.480 - 0.800

1.470

0.568

0.487

0.610

0.306

0.762 0.720 0.648

0.320 - 0.690

0.700 - 1.110

1.080

N/A

N/A

N/A

N/A

0.411

N/A N/A N/A

0.150

0.150

1.290

1.490

0.860

N/A

All rates are nett of GST. ELECTRICITY: Tariff is based on low tension power supply. WATER: Dom & Non-dom water rate incld. conservation tax & water-borne fee, excld. sanitary appliance fee. Domestic water rate is an avg for the 1st 40m3. FUEL : Diesel and 98 Unleaded petrol as at 5 November 2015.

0.427

0.993 0.939 0.719

1.620

1.280

0.905

0.538

0.810 - 0.840

ELECTRICITY: Plus electricity basic rates (300kWh below in use); (Dom): US$1.41/mth + US$0.05/kWh ~ 0.165/kwh ; (Com): US$6.31/mth + US$0.06/kWh ~0.1/kwh WATER: Plus water basic rates; (Dom): US$0.95/month (the usage of 15mm caliber) and (Com): US$78.35/month (the usage of 100mm caliber).

0.060 - 0.100

ELECTRICITY & WATER: Actual Billing: Include misc. charges such as Environmental Charge, Currency Exchange Rate Adjustment (CERA), VAT, etc. Electricity - (Dom): 190 kWh - 860 kWh; (Comm/Ind): 150,000 kWh; Water - (Dom): 29m3 - 41m3; (Comm/Ind): 4,030m3

0.111

0.210 - 0.220

IDR 13,750

PHP 47.00

JAKARTA

All rates are VAT inclusive ELECTRICITY: Domestic electricity rates are applied to the 301th KW above wards. FUEL: Diesel: D.O - 0.05%; 92 Unleaded Petrol and 95 Unleaded Petrol as at October 2012.

0.877

0.492 - 0.532

1.338 1.318 - 5.886 0.267 - 0.444

0.088 - 0.355

0.400 - 0.692 0.288 - 1.037 0.239 - 0.406

ELECTRICITY (Dom): Tariff effective from 1st Jan 2012. 1-10kWh 10c, 11-60kWh 8c, 61-100kWh 12c, above 100kWh 15c.

0.058 - 0.162

UNLEADED FUEL: Gasohol 95 ELECTRICITY: (Dom) For normal tariff with consumption not exceeding 150kWh/month.

BANGKOK

NEW DELHI

INR 65.00 INR 65.00 BAHT 35.61

BANGALORE

5

OTHER INFORMATION WEIGHT AND MEASURES Metric Measures and Equivalents LENGTH

1 millimetre (mm) 1 centimetre (cm) 1 metre (m) 1 kilometre (km)

= 10 mm = 100 cm = 1,000 m

= 0.0394 in = 0.3937 in = 1.0936 yd = 0.6214 mile

= 100 mm2 = 10,000 cm2 = 10,000 m2 = 100 ha

= 0.1550 in2 = 1.1960 yd2 = 2.4710 acres = 0.3861 mile2

= 1,000 cm3 = 1,000 dm3 = 1 dm3 = 100 l

= 0.0610 in3 = 0.0353 ft3 = 1.3080 yd3 = 1.76 pt = 21.997 gal

= 1,000 mg = 1,000 g = 1,000 kg

= 0.0154 grain = 0.0353 oz = 2.2046 lb = 0.9842 ton

AREA

1 sq cm (cm2) 1 sq metre (m2) 1 hectare (ha) 1 sq km (km2)

VOLUME / CAPACITY

1 cu cm (cm3) 1 cu decimetre (dm3) 1 cu metre (m3) 1 litre (l ) 1 hectolitre (hl ) MASS (WEIGHT)

1 milligram (mg) 1 gram (g) 1 kilogram (kg) 1 tonne (t)

USA MEASURES AND EQUIVALENTS USA Dry Measure Equivalents

1 pint

= 0.9689 UK pint

= 0.5506 l

USA Liquid Measure Equivalents

1 fluid ounce 1 pint (16 fl oz) 1 gallon

96

= 1.0408 UK fl oz = 0.8327 UK pt = 0.8327 UK gal

= 29.574 ml = 0.4723 l = 3.7854 l

OTHER INFORMATION

Imperial Measures and Equivalents LENGTH

1 inch (in) 1 foot (ft) 1 yard (yd) 1 mile 1 int. nautical mile

= 12 in = 3 ft = 1,760 yd = 2,025.4 yd

= 2.54 cm = 0.3048 m = 0.9144 m = 1.6093 km = 1.853 km

AREA

1 sq inch (in2) 1 sq foot (ft2) 1 sq yard (yd2) 1 acre 1 sq mile (mile2)

in2

= 144 = 9 ft2 = 4,840 yd2 = 640 acres

= 6.4516 cm2 = 0.0929 m2 = 0.8361 m2 = 4,046.9 m2 = 2.59 km2

VOLUME / CAPACITY

1 cu inch (in3) 1 cu foot (ft3) 1 fluid ounce (fl oz) 1 pint (pt) 1 gallon (gal)

= 20 fl oz = 8 pt

= 16.387 cm3 = 0.0283 m3 = 28.413 ml = 0.5683 l = 4.5461 l

= 437.5 grains = 16 oz = 14 lb = 112 lb = 20 cwt

= 28.35 g = 0.4536 kg = 6.3503 kg = 50.802 kg = 1.016 t

= 1,728 in3

MASS (WEIGHT)

1 ounce (oz) 1 pound (lb) 1 stone 1 hundredweight (cwt) 1 ton Temperature Conversion o o

C = 5/9 (oF - 32)

o

F = (9/5 oC) + 32

C

o

F

OTHER INFORMATION

97

5

OTHER INFORMATION CONVERSION GUIDE Conversion Formulae To use the conversion formulae simply multiply the Imperial measurement by the factor beside the conversion you wish to make. For example 6 inches into milimetres. 6 inches multiplied by 25.4 equals 152.4 milimetres. Conversely if you wish to convert Metric measure into Imperial measure simply divide by the same factor. LENGTH To Convert

mili-inches into micrometres inches into milimetres inches into centimetres inches into metres feet into milimetres feet into centimetres feet into metres yards into metres fathoms into metres chains into metres furlongs into metres miles, statute into kilometres miles, nautical into kilometres

Multiply by

25.4 25.4 2.54 0.0254 304.8 30.48 0.3048 0.9144 1.8288 20.1168 201.168 1.609344 1.852

VOLUME & CAPACITY

98

To Convert

Multiply by

cubic inches into cubic centimetres cubic inches into litres cubic feet into cubic metres cubic feet into litres UK pints into litres UK quarts into litres cubic yards into cubic metres UK gallons into litres UK gallons into cubic metres UK fluid ounces into cubic centimetres

16.387064 0.016387 0.0283168 28.316847 0.5682613 1.1365225 0.7645549 4.54609 0.0045461 28.413063

OTHER INFORMATION

AREA To Convert

square inches into square milimetres square inches into square centimetres square feet into square centimetres square feet into square metres square yards into square metres square yards into (0.01 hectare) acres into square metres acres into hectares square miles into square kilometres

Multiply by

645.16 6.4516 929.0304 0.092903 0.836127 0.0083613 4046.8564 0.4046856 2.589988

MASS To Convert

grains into miligrams grains into metric carats grains into grams pennyweights into grams ounces into grams ounces troy into grams ounces into kilograms pounds into kilograms stones into kilograms hundredweights into kilograms tons into kilograms tons into metric tonnes tahils into grams kati into kilograms

Multiply by

64.79891 0.323995 0.064799 1.555174 28.349523 31.103477 0.0283495 0.4535924 6.35023932 50.802345 1016.0469 1.01605 37.799 0.60479

POWER To Convert

foot pounds-force per second into watts horsepower into watts foot pounds-force per second into kilowatts horsepower into kilowatts horsepower into metric horsepower

OTHER INFORMATION

Multiply by

1.35582 745.7 0.001356 0.7457 1.01387

99

5

OTHER INFORMATION PUBLIC HOLIDAYS 2016 MALAYSIA

New Year’s Day** Chinese New Year

01 08 09 01 21 04 06 - 07 31 12 16 02 29 12 25

Labour Day Wesak Day King/Agong’s Birthday Hari Raya Aidilfitri* National Day Hari Raya Qurban* Malaysia Day Awal Muharam (Maal Hijrah) Deepavali* Prophet Muhammad’s Birthday Christmas Day

Jan Feb Feb May May Jun Jul Aug Sep Sep Oct# Oct Dec Dec#

* Subject to change ** Except Johor, Kelantan, Kedah, Perlis & Terengganu # The following day will be an additional Public Holiday BRUNEI

New Year’s Day Chinese New Year National Day Israk Miraj Royal Brunei Armed Forces Ann. First Day of Ramadhan* Ann. Revelation of the Holy Koran* Hari Raya Aidilfitri* Hari Raya Aidilfitri* Hari Raya Aidilfitri* HM The Sultan’s Birthday ^ Hari Raya Aidil Adha* ^ Islamic New Year* ^ Christmas Day

01 08 23 06 31 06 22 07 09 11 15 11 02 25

Jan Feb Feb May May Jun Jun Jul Jul Jul Jul Sep Oct Dec

Fridays and Saturdays are government off days * Subject to change ^ Replacement for Fridays / Sundays

100

OTHER INFORMATION

2016 HONG KONG

The First day Of January 01 Lunar New Year’s Day 08 - 10 Good Friday 25 The day following Good Friday 26 Easter Monday 28 Ching Ming Festival 04 The day following Labour Day* 02 Buddha’s Birthday 14 Tuen Ng Festival 09 HKSAR Establishment Day 01 The day following Chinese Mid-Autumn Festival 16 National Day 01 The day following Chung Yeung Festival* 10 The 1st weekday after Christmas Day 26 The 2nd weekday after Christmas Day* 27

Jan Feb Mar Mar Mar Apr May May Jun Jul Sep Oct Oct Dec Dec

* As both the Labour Day and the Chung Yeung Festival fall on a Sunday, the day following them is designated as a general holiday in substitution; and as Christmas Day falls on a Sunday, the second weekday after Christmas Day is designated as a general holiday in substitution. CHINA

New Year’s Day Chines New Year’s Eve Chinese New Year$ Tomb-Sweeping Day Labour Day^ Dragon-Boat Festival* Mid Autumn Festival@ National Day#

01 07 08 - 10 04 01 09 15 01 - 03

Jan Feb Feb Apr May Jun Sep Oct

11 - 13 February are holidays. 6 & 14 February are working days. 2 May is a holiday. * 10 - 11 Jun are holidays. 12 Jun is working day. @ 16 - 17 September are holidays. 18 September is working day. # 4 - 7 October are holiday. 8 - 9 October are working days. $ ^

(Cont’d)

OTHER INFORMATION

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5

OTHER INFORMATION (Cont’d)

PUBLIC HOLIDAYS 2016 MACAU

New Year’s Day*# Lunar New Year’s Day*# The 2nd day of Lunar New Year*# The 3rd day of Lunar New Year*# Good Friday# The day before Easter The first working day after the Day before Easter@# Ching Ming Festival*# Labour Day* The first working day after Labor Day@# The Buddha’s Birthday The first working day after Buddha’s Birthday@ Tung Ng Frestival (Dragon Boat Festival)# Bank’s Holiday# The day following Mid-Autumn Festival*# National Day* The day following National Day The first working day after National Day@# The second working day after National Day@ Chung Yeung Festival* The first working day after Chung Yeung Festival@# All Soul’s Day# Feast of the Immaculate Conception# Macau SAR Establishment Day*# Winter Solstice Christmas Eve Christmas Day The first working day after Christmas Day@# The second working day after Christmas Day@#

01 08 09 10 25 26 28 04 01 02 14 16 09 01 16 01 02 03 04 09 10 02 08 20 21 24 25 26 27

Jan Feb Feb Feb Mar Mar Mar Apr May May May May Jun Jul Sep Oct Oct Oct Oct Oct Oct Nov Dec Dec Dec Dec Dec Dec Dec

# Bank’s Holiday * Obligatory Holiday @ Special Holiday granted by Chief executive for staff in Public Administration.

102

OTHER INFORMATION

2016 INDIA

New Year’s Day Republic Day Good Friday Ugadi Ramnavami Independence Day Ganesh Chaturthi Dusshera Karnataka Formation Day

01 26 25 08 15 15 05 12 01

Jan Jan Mar Apr Apr Aug Sep Oct Nov

01 08 09 25 01 05 06 22 06 - 07 17 12 02 12 25

Jan Feb Mar Mar May May May May Jul Aug Sep Oct Dec Dec

01 07 01 05 14 06 15 14 03 09 25

Jan Feb Mar May May Jun Aug Sep Oct Oct Dec

INDONESIA

New Year’s Day Chinese New Year (Imlek) Hindu Day of Quiet (Nyepi) Good Friday International Labour Day Ascension Day of Jesus Christ Ascension of Prophet Mohammad Waicak Day Idul Fitri* National Independence Day Idul Adha Day Hijriyah New Year Prophet Muhammad’s Birthday Christmas Day * Subject to changes KOREA

New Year’s Day Lunar New Year (Seol) Independent Movement Day Children’s Day Buddha’s Birthday Memorial Day Liberation Day Full Moon Day (Chuseok) National Foundation Day Hangul Proclamation Day Christmas Day

(Cont’d)

OTHER INFORMATION

103

5


PUBLIC HOLIDAYS 2016 PHILIPPINES Regular Holidays

New Year’s Day Maundy Thursday Good Friday Araw ng Kagitingan Labour Day Independence Day End of Eid-ul-Fitre National Heroes’ Day Eid-ul Adha Bonifacio Day Christmas Day Rizal Day

01 24 25 09 01 12 08 29 13 30 25 30

Jan Mar Mar Apr May Jun Jul Aug Sep Nov Dec Dec

08 26 21 01 02 24 31

Feb Mar Aug Nov Nov Dec Dec

01 08 - 09 25 01 21 06 09 12 29 25

Jan Feb Mar May^ May Jul Aug Sep Oct Dec^

Special Holidays (Non Working Holidays)

Chinese New Year Black Saturday (Additional) Ninoy Aquino Day All Saint’s Day All Souls Day (Additional) Christmas Eve (Additional) Last Day of the Year (Additional)

SINGAPORE

New Year’s Day Chinese New Year Good Friday Labour Day Vesak Day Hari Raya Puasa National Day Hari Raya Haji Deepavali Christmas Day *Subject to changes ^ The following Monday will be a public holiday

104

OTHER INFORMATION

2016 THAILAND

New Year’s Day Chinese New Year* Makha Bucha Day Chakri Memorial day Songkran Festival Royal Ploughing Ceremony Day+ National Labour Day Coronation Day Visakha Bucha Day Mid Year Bank Holiday# Asarnha Bucha Day Khao Phansa Day (Buddhist Lent Day)+ H.M. The Queen’s Birthday Chulalongkorn day H.M. The King’s Birthday Constitution Day New Year’s Eve

01 Jan 08 Feb 22 Feb 06 Apr 13 - 15 Apr 25 Apr 02 May1 05 May 20 May 01 Jul 19 Jul 20 Jul 12 Aug 24 Oct2 05 Dec 12 Dec3 02 Jan 20174

*Unofficial Chinese Community Only # Banks only + Government only @ Special Holiday granted by Thai Government 1 Substitute for 1 May (Sunday) 2 Substitute for 23 October (Sunday) 3 Substitute for 10 December (Saturday) 4 Substitute for 31 December (Saturday) VIETNAM (Normal Scheduled Holidays)

Solar New Year Lunar New Year Hung Vuong King Celebration Liberation Day of Saigon International Labour Day National Day

01 08 - 12 16 - 18 30 01 - 03 02

Jan Feb Apr* Apr May** Sep Dec

* Substitute for 16 April (Saturday) ** Substitude for 30 April & 1 May (Saturday & Sunday)

OTHER INFORMATION

105

5

OTHER INFORMATION ARCADIS ASIA LEADERSHIP TEAM

Kenneth Poon [email protected]

Matt Bennion [email protected]

Graham Kean Director [email protected]

Eric de Kruif [email protected]

106

OTHER INFORMATION

Loo Ming Chee Regional Head, Southeast Asia [email protected]

Alan Hearn Regional Head, East Asia & India [email protected]

Lai Pak Hung Head of Greater China [email protected]

OTHER INFORMATION

107

5

OTHER INFORMATION ARCADIS ASIA SECTORS AUTOMOTIVE We partner with leading automotive industry clients across Asia to deliver guaranteed and sustainable outcomes. Across many parts of Asia today, fast GDP growth, rapid urbanization, globalization and sustainability are just some of the key issues facing global automotive businesses, whilst also delivering their brand expansion sustainable way.

AVIATION Airports are critical to a nation’s long-term economic and environmental and social impacts is essential. Our experience of working in complex airport environments around the world gives us knowledge and insight into the unique challenges faced by the aviation industry. We maximize the potential of the airport by creating outcomes-focused strategies, ensuring the business is aligned with continuously changing regulatory.

CHEMICALS & PHARMACEUTICALS Manufacturing is ‘on the move’ to Asia, driven by demand. China, for example, ranked fairly low in top pharmaceutical markets one decade ago but can now be found among the Top 5, close to traditionally strong markets such as Germany and France. Approximately two third of total global demand growth for Chemicals is expected to be generated in Asia.

108

OTHER INFORMATION

COMMERCIAL DEVELOPERS

our market in Asia, where economy is, in many countries, driven by investment in property. China, for example, has been fueled by demand for properties under the grand hospitality and entertainment, etc. formed the majority of buildings rising from the ground. All of these sectors are confronted with ever increasing challenges in terms positioning, cost, time to launch, market competitiveness .

FINANCIAL INSTITUTIONS We have a strong track record of helping clients across Asia to address different challenges in the market. With a combination of international expertise and local knowledge, we have the ability to identify the right solutions and maximise returns on our client’s investments. With our wide coverage and strong establishment in the region, we bring the best business outcomes to our clients.

OIL AND GAS Rising production costs and unpredictable prices put Oil & Gas clients under more pressure than ever. Add to this the growing complexities of shifting environmental legislation and you have a heavily complex and rapidly evolving industry. We partner with global Oil & Gas clients to navigate even the most challenging issues across rapidly shifting markets. Our people bring together expertise and understanding from a broad base of technical capabilities sustainably as possible. (Cont’d)

OTHER INFORMATION

109

5


ARCADIS ASIA SECTORS RAIL Rapidly increasing urbanization, shrinking budgets and environmental sensitivity require innovative approaches to deliver advanced infrastructure. With our expertise in rail, and our transformational thinking, clients rely on us to improve performance and connect communities across the globe. In Asia, we have been involved in providing engineering design, cost management, contract administration, risk management, business advisory and mobility oriented design across numerous metro rail and high speed rail projects in Hong Kong, Singapore and Malaysia.

RETAIL & CONGLOMERATES Our retail delivery experts enable retailers to respond to these modern challenges and gain a competitive advantage. With unrivaled experience across all facets of the retail world, from luxury to fast fashion, beauty and cosmetics to supermarkets, through major department stores to fast food chains, we will help you successfully navigate these complex challenges across the world through our comprehensive set of specialist services.

110

OTHER INFORMATION

ARCADIS ASIA SERVICES

BUSINESS ADVISORY From rapid urbanization and pressure on natural resources, to tighter regulation and market consolidation, we live in an increasingly complex world. In Arcadis you have a partner that understands your business challenges and operate. We bring unique insights which support you in getting better results with more certainty.

COST MANAGEMENT

station or a large scale industrial development, the need to achieve value for money is central to every investment strategy. Our people understand the need to accurately advise on costs and procurement at planning stage, ensuring a development or program is both economically and environmentally viable for many years to come.

OTHER INFORMATION

111

5

OTHER INFORMATION ARCADIS ASIA SERVICES

CONTRACT SOLUTIONS Disputes in the construction and engineering sectors

not only drain your resources but can also potentially place projects or businesses in jeopardy. Our years of experience in avoiding, mitigating or resolving disputes have helped our clients overcome even the most complex of challenges.

ENVIRONMENT We all deserve a clean, safe environment in which to live. Now more than ever, businesses and governments recognize the need to incorporate environmental concerns into their decision making. Arcadis is a global leader in some of the world’s leading corporates and governments understand their impact on the natural world.

112

OTHER INFORMATION

PROJECT & PROGRAMME MANAGEMENT Organizing the creation of the world’s largest, most complex and iconic programs of work in the built and natural environment today is no easy task. Budgets, supply chains, health and safety, timeframes and the large number of parties involved can be daunting. At Arcadis, we work alongside our clients to create the right strategy, manage and mitigate risk, and assure the outcomes to meet our clients’ business objectives and create exceptional value.

WATER From source to tap and then back to nature, the planet’s most precious resource should be cherished. Thanks to our centuries of experience in the water sector, Arcadis’ specialist teams around the globe are uniquely positioned to provide safe and secure water technology that is built to withstand the demands of a rapidly changing world.

OTHER INFORMATION

113

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OTHER INFORMATION DIRECTORY OF OFFICES MALAYSIA SELANGOR LANGDON & SEAH SDN BHD JURU UKUR BAHAN MALAYSIA JUBM SDN BHD ARCADIS PROJEKS SDN BHD Level 5, Menara TSR 12 Jalan PJU 7/3, Mutiara Damansara 47810 Petaling Jaya Selangor Darul Ehsan, Malaysia GPS : 3.1616, 101.6129 Tel/Fax : (60 3) 2106 8000 / (60 3) 2106 9090 Email : [email protected] Contact : Loo Ming Chee / Mohd Ali Abd Karim / Justin Teoh / Syed Mahadzir Syed Ahmad / Mohamad Faiz Awang / Nur Aziz Abu Bakar JOHOR LANGDON & SEAH SDN BHD JURU UKUR BAHAN MALAYSIA JUBM SDN BHD ARCADIS PROJEKS SDN BHD 47, Jalan Setia Tropika 1/30 Taman Setia Tropika 81200 Johor Bahru Johor Darul Takzim, Malaysia GPS : 1.5422, 103.7111 Tel/Fax : (60 7) 232 8300 / (60 7) 232 8232 Email : [email protected] Contact : Syed Mahadzir Syed Ahmad PENANG LANGDON & SEAH SDN BHD JURU UKUR BAHAN MALAYSIA JUBM SDN BHD ARCADIS PROJEKS SDN BHD Suite 3A-3, Level 3A Wisma Great Eastern No.25, Lebuh Light 10200 Penang, Malaysia GPS : 5.4201, 100.3408 Tel : (60 4) 264 2071 / 264 2072 / 264 2073 Fax : (60 4) 264 2068 Email : [email protected] Contact : Nur Aziz Abu Bakar SABAH LANGDON & SEAH SDN BHD JURU UKUR BAHAN MALAYSIA JUBM SDN BHD ARCADIS PROJEKS SDN BHD Suite 8A, 8th Floor Wisma Pendidikan, Jalan Padang P.O.Box 11598, 88817 Kota Kinabalu Sabah, Malaysia GPS : 5.9783, 116.0761 Tel/Fax : (60 88) 223 369 / (60 88) 216 537 Email : [email protected] Contact : Ang Kun Eng

114

OTHER INFORMATION

5


DIRECTORY OF OFFICES CHANGSHA LANGDON & SEAH CONSULTANCY (SHANGHAI) CO. LTD. CHANGSHA BRANCH Room 11051, Zhong Tian Plaza 766 Wu Yi Avenue, Furong District Changsha, Hunan Province, 410005, China GPS : 28.1952, 112.9831 Tel/Fax : (00 86 731) 8971 1860 / (00 86 731) 8971 6736 Email : [email protected] Contact : Chen Yong CHENGDU LANGDON & SEAH CONSULTANCY (CHENGDU) CO. LTD. Room 807, Block A, Times Plaza No.2 Zongfu Road, Chengdu Sichuan Province, 610016, China GPS : 30.6567, 104.0806 Tel/Fax : (00 86 28) 8671 8373 / (00 86 28) 8671 8535 Email : [email protected] Contact : Lum Ka Wai, Andy CHONGQING LANGDON & SEAH CONSULTANCY (CHENGDU) CO. LTD. CHONGQING BRANCH Room 3408, International Trade Centre 38 Qing Nian Road, Central District Chongqing 400010, China GPS : 29.5563, 106.5743 Tel/Fax : (00 86 23) 8655 1333 / (00 86 23) 8655 1616 Email : [email protected] Contact : Lin Wai Yip, Gary DALIAN LANGDON & SEAH (BEIJING) CONSTRUCTION CONSULTANTS CO LTD DALIAN BRANCH Unit 07, 32F, Xiwang Tower 136 Zhongshan Road, Zhongshan District Dalian, Liaoning Province, 116001, China GPS : 38.9149, 121.6312 Tel/Fax : (00 86 411) 8800 8018 / (00 86 411) 8800 8823 Email : [email protected] Contact : Ng Hin Kan, Kenn FOSHAN LANGDON & SEAH CONSULTANCY (SHENZHEN) CO. LTD. FOSHAN BRANCH 3/F, Foshan Ling Nan Tian Di Zu Miao Road Shop Nos. Z01-Z11 Zu Miao Road, Foshan Guangdong Province, 528000, China GPS : 23.0312, 113.1128 Tel/Fax : (00 86 757) 8203 0028 / (00 86 757) 8203 0029 Email : [email protected] Contact : Lee Kwok Wing, Dickey

116

OTHER INFORMATION

GUANGZHOU LANGDON & SEAH CONSULTANCY (SHENZHEN) CO. LTD. GUANGZHOU BRANCH 3A10-18 Unit, 3/F, Bank of America Plaza 555 Ren Min Zhong Road, Guangzhou Guangdong Province, 510145, China GPS : 23.1231, 113.2536 Tel/Fax : (00 86 20) 8130 3813 / (00 86 20) 8130 3812 Email : [email protected] Contact : Wong Wing Cheung, Jack HAIKOU LANGDON & SEAH CONSULTANCY (SHENZHEN) CO.LTD. HAIKOU BRANCH Unit B 27/F Times Square 2 GuomaoRoad, Haikou Hainan Province, 570100, China GPS : 20.0295, 110.3262 Tel/Fax : (00 86 898) 6652 7818 / (00 86 898) 6652 7809 Email : [email protected] Contact : Yi Zheng Gang HANGZHOU LANGDON & SEAH CONSULTANCY (SHANGHAI) CO.LTD. HANGZHOU BRANCH Room 2305 WinNing International 100 Min Xin Road, Hangzhou Zhejiang Province, 310016, China GPS : 30.2518, 120.2189 Tel/Fax : (00 86 571) 2829 7766 / (00 86 571) 2829 7622 Email : [email protected] Contact : Lu Mei Hua / Zhou Yuan HENGQIN LANGDON & SEAH CONSULTANCY (ZHUHAI HENGQIN) CO.LTD. HENGQIN BRANCH 7/F, 156 Nan Shan Ju Road, Hengqin Zhuhai, Guangdong Province, 519031, China GPS : 22.1428, 113.5444 Tel/Fax : (00 86 756) 868 8986 / (00 86 756) 868 8969 Email : [email protected] Contact : Wan Chi Shing, Stanley HONG KONG ARCADIS ASIA LIMITED LANGDON & SEAH HONG KONG LIMITED LANGDON & SEAH CHINA LIMITED LANGDON & SEAH MANAGEMENT LIMITED 38/F, AIA Kowloon Tower Landmark East, 100 How Ming Street Kwun Tong, Kowloon, Hong Kong GPS : 22.3125, 114.2223 Tel/Fax : (00 852) 2830 3500 / (00 852) 2576 0416 Email : [email protected] Contact : Au Kai Ming, Francis

(Cont’d)

OTHER INFORMATION

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DIRECTORY OF OFFICES MACAU LANGDON & SEAH MACAU LIMITED Avenida da Praia Grande, No. 594 Edificio BCM, 12th Floor, Macau GPS : 22.1922, 113.5413 Tel/Fax : (00 853) 2833 1710 / (00 853) 2833 1532 Email : [email protected] Contact : Chan Yuk Sim, Katherine NANJING LANGDON & SEAH CONSULTANCY (SHANGHAI) CO. LTD. NANJING BRANCH 1104 South Tower Jinmao Plaza, 201 Zhong Yang Road, Nanjing Jiangsu Province 210009, China GPS : 32.0719, 118.7834 Tel/Fax : (00 86 25) 5791 1860 / (00 86 25) 6698 1860 Email : [email protected] Contact : Chen Taofen QINGDAO LANGDON & SEAH CONSULTANCY (SHANGHAI) CO. LTD. QINGDAO BRANCH Room 09, 16F, HNA Center 234 Yan An San Road, Shinan District Qingdao, Shangdong Province, 266071, China GPS : 36.0609, 120.3754 Tel/Fax : (00 86 532) 8280 1818 / (00 86 532) 8280 1881 Email : [email protected] Contact : Feng Shi En, Andy SHANGHAI LANGDON & SEAH CONSULTANCY (SHANGHAI) CO. LTD. 11th Floor, Building C, The Place, No.150 Zunyi Road, Changning District Shanghai 200051, China. GPS : 31.2073, 121.4079 Tel/Fax : (00 86 21) 6026 1300 / (00 86 21) 6026 1800 Email : [email protected] Contact : Chan Hoi Or, Joe SHENYANG LANGDON & SEAH (BEIJING) CONSTRUCTION CONSULTANTS CO. LTD. SHENYANG BRANCH Room 1801, 1806-1809, 18/F E Tower of Fortune Plaza, 59 Beizhan Road Shenhe District, Shenyang Liaoning Province, 110013, China GPS : 41.8143, 123.4355 Tel/Fax : (00 86 24) 3195 8880 / (00 86 24) 3128 6983 Email : [email protected] Contact : Chow Hau Ming, Simon

118

OTHER INFORMATION

SHENZHEN LANGDON & SEAH CONSULTANCY (SHENZHEN) CO LTD Room 1001, AVIC Centre 1018 Huafu Road, Shenzhen Guangdong Province 518031, China GPS : 22.5432, 114.0821 Tel/Fax : (00 86 755) 2598 1841 / (00 86 755) 2598 1854 Email : [email protected] Contact : Lo Kwok Chu, Kenneth SUZHOU LANGDON & SEAH CONSULTANCY (SHANGHAI) CO LTD SUZHOU BRANCH Room 906 Century Financial Tower 1 Suzhou Avenue West, Suzhou Jiangsu Province, 215021 China GPS : 31.3159, 120.6749 Tel/Fax : (00 86 512) 8777 5599 / (00 86 512) 8777 5600 Email : [email protected] Contact : Zhang Rui TIANJIN LANGDON & SEAH CONSULTANCY CO LTD TIANJIN BRANCH 4002, 40/F, Tianjin World Financial Centre Office Tower 2 Dagubei Road, He Ping District Tianjin, 300020, China GPS : 39.1296, 117.2028 Tel/Fax : (00 86 22) 2329 8611 / (00 86 22) 2319 3186 Email : [email protected] Contact : Wong Chin Ying WUHAN LANGDON & SEAH CONSULTANCY (SHANGHAI) CO. LTD. WUHAN BRANCH Room 1008, 10/F, Corporate Centre 5 Wuhan Tiandi, 1628 Zhongshan Road Wuhan, Hubei Province 430010, China GPS : 30.6082, 114.3103 Tel/Fax : (00 86 27) 5920 9299 / (00 86 27) 5920 9298 Email : [email protected] Contact : Guang Rong XI’AN LANGDON & SEAH CONSULTANCY (SHENZHEN) CO. LTD. XI’AN BRANCH Unit 06-07, 16/F, CapitaMall Office Building 64 South Second Ring Western Xi’an, Shaanxi Province, 710065, China GPS : 34.2304, 108.9349 Tel/Fax : (00 86 29) 8866 9711 / (00 86 29) 8866 9760 Email : [email protected] Contact : Wang Zhu Zhu

(Cont’d)

OTHER INFORMATION

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DIRECTORY OF OFFICES INDIA BANGALORE LANGDON & SEAH CONSULTING INDIA PVT LTD 2nd Floor, Esquire Center No.9, M G Road Bangalore 560008, India GPS : 12.974, 77.617 Tel/Fax : (00 91 80) 4123 9141 / (00 91 80) 4123 8922 Email : [email protected] Contact : Velan Murali / Biju AK CHENNAI LANGDON & SEAH CONSULTING INDIA PVT. LTD New No. 20, West Cott Road, Royapettah Chennai 600004, India GPS : 13.055, 80.265 Tel/Fax : (00 91 44) 2855 3137 / (00 91 44) 2855 0141 Email : [email protected] Contact : Velan Murali / Sankar Ramakrishnan DELHI LANGDON & SEAH CONSULTING INDIA PVT. LTD The Elements, 2nd Floor, Unit No.465, Udyog Vihar Phase-V, Gurgaon Haryana 122016 India GPS : 28.5012, 77.085 Tel/Fax : (00 91 124) 430 8790 / (00 91 124) 430 8793 Email : [email protected] Contact : Velan Murali / Arun Basu HYDERABAD LANGDON & SEAH CONSULTING INDIA PVT LTD 2nd Floor, Trade Fair Office Hitex Exhibition Center, Izzat Nagar Hyderabad 500084, India GPS : 17.475, 78.375 Tel/Fax : (00 91 40) 2311 4942 / (00 91 40) 2311 2942 Email : [email protected] Contact : Velan Murali / Bhoomeshwar Rao PUNE LANGDON & SEAH CONSULTING INDIA PVT LTD City Survey No 804/B, Bhandarkar Institute Road Lane No-14, Pune 411004 (Near Skoda Show Room) Maharashtra, India GPS : 18.5204, 73.8567 Tel/Fax : (00 91 20) 2565 0417 / (00 91 22) 3933 5556 Email : [email protected] Contact : Velan Murali / Darshan Joshi / Rahul Patil MUMBAI LANGDON & SEAH CONSULTING INDIA PVT LTD Unit No.103, First Floor Akruti SMC Khopat Junction, Near Khopat Bus Depot, Thane (West) 400601, Maharashtra, India GPS : 19.1988, 72.9756 Tel/Fax : (00 91 22) 4125 6060 / (00 91 22) 4125 6050 Email : [email protected] Contact : Velan Murali / Darshan Joshi

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OTHER INFORMATION

KOLKATA LANGDON & SEAH CONSULTING INDIA PVT LTD Stesalit Towers, 6th Floor E2-3, EP & Gp Block, Sector V, Salt Lake Kolkata - 700091 GPS : 22.5698, 88.4337 Tel/Fax : (00 91 124) 430 8790 / (00 91 124) 430 8793 Email : [email protected] Contact : Velan Murali / Arun Basu INDONESIA BALI P.T. LANGDON & SEAH INDONESIA Level 2, Alamanda Office, Jalan By Pass Ngurah Rai No.67, Banjar Pengenderan, Kedonganan Bali 80361, Indonesia GPS : 8.7893, 115.2106 Tel/Fax : (00 62 361) 472 5353 / (00 62 361) 472 5354 Email : [email protected] Contact : Ir. Putu Arya Canti JAKARTA P.T. LANGDON & SEAH INDONESIA Level 18, Ratu Plaza Office Tower Jalan Jenderal Sudirman 9 Jakarta 10270, Indonesia GPS : 6.2271, 106.8008 Tel/Fax : (00 62 21) 739 7550 / (00 62 21) 739 7846 Email : [email protected] Contact : Peter Robinson KOREA SEOUL LANGDON & SEAH KOREA CO LTD #429, 27, Seochojungang-ro 24-gil Seocho-Gu, Seoul Korea 137-882 GPS : 37.4953, 127.0164 Tel/Fax : (00 82 2) 543 3888 / (00 82 2) 543 3898 Email : [email protected] Contact : Aaron Page PHILIPPINES MANILA LANGDON & SEAH PHILIPPINES INC 4th & 7th Floor, Kings Court 1 2129 Chino Roces Avenue Makati City 1231, Philippines GPS : 14.5576, 121.0135 Tel/Fax : (00 63 2) 811 2971 / (00 63 2) 811 2071 Email : [email protected] Contact : Darneil Perez CEBU LANGDON & SEAH PHILIPPINES INC 12F, 2Quad Bldg. Cardinal Rosales Avenue Cebu Business Park Cebu City 6000, Philippines GPS : 10.3143, 123.9054 Tel/Fax : (00 63 32) 2322 200 / (00 63 32) 2603 699 Email : [email protected] Contact : Darneil Perez OTHER INFORMATION

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DIRECTORY OF OFFICES SINGAPORE LANGDON & SEAH SINGAPORE PTE LTD L&S CONTRACT ADVISORY & DISPUTE MANAGEMENT SERVICES PTE LTD 1 Magazine Road, #05-01 Central Mall Singapore 059567 GPS : 1.2885, 103.8421 Tel/Fax : (65) 6222 3888 / (65) 6224 7089 Email : [email protected] Contact : Eugene Seah / Ho Kong Mo ARCADIS PROJECT MANAGEMENT PTE LTD 1 Magazine Road, #03-12 Central Mall Singapore 059567 GPS : 1.2885, 103.8421 Tel/Fax : (65) 6239 8600 / (65) 6538 4508 Email : [email protected] Contact : Seah Choo Meng / Teoh Wooi Sin / Bernard Ho THAILAND BANGKOK LANGDON & SEAH (THAILAND) LTD LECE (THAILAND) CO LTD 10th Floor, Kian Gwan II Building 140/1 Wireless Road, Lumpini Pratumwan Bangkok 10330, Thailand GPS : 13.7350, 100.5454 Tel/Fax : (00 66 2) 253 1438-9 / (00 66 2) 253 4977 Email : [email protected] Contact : Ang Yen Kooi / Wong Soon Bin VIETNAM HANOI LANGDON & SEAH VIETNAM CO LTD Level 2, Hoa Binh Tower Building 106 Hoang Quoc Viet Street Cau Giay District Hanoi, Vietnam GPS : 21.0462, 105.7938 Tel/Fax : (00 844) 3942 7525 / (00 844) 3942 7526 Email : [email protected] Contact : Mark Olive HO CHI MINH CITY LANGDON & SEAH VIETNAM CO LTD L12-03, Level 12, Vincom Building 72 Le Thanh Ton Street, District 1 Ho Chi Minh City, Vietnam GPS : 10.7778, 106.7025 Tel/Fax : (00 848) 3823 8297 / (00 848) 3823 8197 Email : [email protected] Contact : Mark Olive

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OTHER INFORMATION

ARCADIS ASIA HEADQUARTERS HONG KONG ARCADIS ASIA LIMITED 38/F AIA Kowloon Tower, Landmark East 100 How Ming Street Kwun Tong, Kowloon, Hong Kong GPS : 22.3125, 114.2223 Tel/Fax : (00 852) 2830 3500 / (00 852) 2576 0416 Email : [email protected] Contact : Poon Kan Young, Kenneth, CEO

ARCADIS HEADQUARTERS AMSTERDAM ARCADIS NV “Symphony” Gustav Mahlerplein 97-103 1082 MS Amsterdam P.O.Box 7895 1008 AB Amsterdam The Netherlands Tel/Fax : (00 31 20) 201 1011 / (00 31 20) 201 1002 Email : [email protected] Website : www.arcadis.com Contact : Neil McArthur, CEO

OTHER INFORMATION

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OTHER INFORMATION TELEPHONE DIRECTORY (MALAYSIA) Ministries/Departments Department of Statistics Malaysia Department of Town and Country Planning Ministry of Domestic Trade, Co-operatives & Consumerism Ministry of Housing and Local Government Ministry of Works Malaysia Kuala Lumpur City Hall (DBKL) Perbadanan Putrajaya Petaling Jaya City Council (MBPJ) Shah Alam City Council (MBSA) Subang Jaya Municipal Council (MPSJ) Kajang Municipal Council (MPK) Selayang Municipal Council (MPS) Ampang Jaya Municipal Council (MPAJ) Penang Island Municipal Council SIRIM Berhad The Malaysia Highway Authority Contractor’s Association Master Builders Association Malaysia Contractor’s Registration Board Construction Industry Development Board (CIDB) Professional Registration Boards Board of Architects Malaysia Board of Engineers Malaysia Board of Quantity Surveyors Malaysia Professional Bodies Assoc. of Consulting Engineers Malaysia (ACEM) Malaysia Institute of Architects (PAM) Malaysia Institute of Planners (MIP) The Institution of Engineers Malaysia (IEM) Royal Institution of Surveyors Malaysia (RISM) Other Important Numbers Ambulance & Police Civil Defence (Rescue) Fire Fighter General Hospital KL SYABAS Sdn Bhd Tenaga Nasional (KL)

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03-8885 7000 03-2698 9211 03-8000 8000 03-8000 8000 03-8000 8000 03-2617 9000 03-8000 8000 03-7956 3544 03-5510 5133 03-8024 7700 03-8737 7899 03-6126 5800 03-4296 8000 04- 259 2020 03-5544 6000 03-8738 3000 03-7984 8636 03-4047 7000 03-2698 2878 03-2610 7095 03-2610 8140 03-2095 0031 03-2693 4182 03-7877 0636 03-7968 4001 03-7955 1773 999 999 999 03-2615 5555 1800 88 5252 03-2296 5566

OTHER INFORMATION

An Affiliate of ARCADIS

LANGDON & SEAH SDN BHD JURU UKUR BAHAN MALAYSIA JUBM SDN BHD ARCADIS PROJEKS SDN BHD Level 5, Menara TSR, 12 Jalan PJU 7/3 Mutiara Damansara, 47810 Petaling Jaya Selangor, Malaysia Tel: (603) 2106 8000 / 2106 9000 Fax: (603) 2106 9090 Email: [email protected] FOLLOW US @Arcadis_Asia JOIN US Linkedln Arcadis

www.arcadis.com www.LangdonSeah.com

Construction Cost Handbook Malaysia 2016

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