Overview
The Unit Price Index of Building Materials
- The monthly comparison recorded a decrease in the unit price index of steel between negative 0.1 per cent to negative 4.2 per cent for almost all areas in Peninsular Malaysia, Sabah and Sarawak in March 2025 as compared to the previous month. The highest decrease was recorded in Perak (-4.2%), followed by Selangor, W.P. Kuala Lumpur, Melaka & Negeri Sembilan and Kuching (-2.0%), respectively.
- Apart from that, the unit price index of steel & metal sections showed a decline between negative 0.1 per cent to negative 1.1 per cent for almost all areas in Peninsular Malaysia, Sabah and Sarawak in March 2025 as compared to the previous month. The highest decrease was recorded in Kuching (-1.1%).
- An annual comparison for the period of March 2024 and March 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 and Sandakan (4.0%), followed by Johor (3.5%) and Pahang (3.3%).
- Nevertheless, an annual comparison of the unit price index of steel recorded a decrease between negative 1.1 per cent to negative 18.9 per cent in March 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 (-18.9%).
Average Price of Selected Building Materials
- The average price of Ordinary Portland cement showed a slight increase (0.2%), with an average price of RM23.65 per 50 kg bag as compared to February 2025 (RM23.60 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 (-0.5%) with an average price of RM3,505.28 per metric tonne as compared to the previous month (February 2025: RM3,545.15per metric tonne).
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