Overview
The Unit Price Index of Building Materials
- The monthly comparison showed an increase in the unit price index of cement between 0.2 per cent to 2.9 per cent for almost all areas in Peninsular Malaysia, Sabah and Sarawak in January 2025 as compared to the previous month. The highest increase was recorded in Sandakan (2.9%) and followed by Selangor, W.P. Kuala Lumpur, Melaka & Negeri Sembilan (1.2%).
- Apart from that, the unit price index of steel registered a decline between negative 0.6 per cent to negative 4.3 per cent for almost all areas in Peninsular Malaysia, Sabah and Sarawak in January 2025 as compared to the previous month. The highest decrease was recorded in Pahang (-4.3%) followed by Sandakan (-2.8%) and Perak (-2.2%). In addition, the unit price index of steel & metal section also registered a decline between negative 0.2 per cent to negative 2.7 per cent in January 2025 as compared to the previous month.
- An annual comparison for the period of January 2024 dan January 2025 indicated that the unit price index of cement increased between 0.2 per cent to 4.0 per cent for almost all areas in Peninsular Malaysia, Sabah and Sarawak. The highest increase was recorded in Selangor, W.P. Kuala Lumpur, Melaka & Negeri Sembilan (4.0%), followed by Pahang (3.3%) and Sandakan (2.2%).
- Nevertheless, an annual comparison of the unit price index of steel recorded a decrease between negative 2.3 per cent to negative 14.5 per cent in January 2025 as compared to the same month last year for almost all areas in Peninsular Malaysia, Sabah and Sarawak. The highest decrease in the unit price index of steel was recorded in Perak (-14.5%).
Average Price of Selected Building Materials
- The average price of Ordinary Portland cement in January 2025 showed a slight increase of 0.4 per cent, with an average price of RM23.34 per 50 kg bag as compared to December 2024 (RM23.25 per 50 kg bag).
- The average price per unit of steel, consisting of mild steel round bars and Mycon 60 high tensile deformed bars recorded a decrease (-0.7%) with an average price of RM3,563.76 per metric tonne as compared to the previous month (December 2024: RM3,588.31 per metric tonne).
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