BCI FOCUS MALAYSIA
UNSURE WHICH PROJECTS HAVE RESUMED CONSTRUCTION WORKS?
HERE ARE 10 HIGHLY-WATCHED PROJECTS THAT HAVE RESUMED SITE WORK! (27JULY - 9 AUGUST 2020)
Construction works in Malaysia have continued to resume at a growing pace amidst local regulations and safe distancing measures. Let us help you navigate the current market situation better by keeping you updated via our market insights. BCI FOCUS MALAYSIA
RESIDENTIAL
8 CONLAY / YOO8 & KEMPINSKI HOTEL (5 STAR) - Kuala Lumpur SERVICED APARTMENTS (1,062) HOTEL (560 rooms) - 3 buildings - NEW - 55 - 68 storey Value: RM 1.46 bn (US$341.12 mn)
AGILE BUKIT BINTANG - Kuala Lumpur SERVICED APARTMENTS (1,501) SOVO (66) | SHOPS (14) - 3 buildings - NEW - 42 - 62 storey Value: RM 580.00 mn (US$138.76 mn)
THE VALLEYS @ SKYSIERRA - Kuala Lumpur APARTMENTS (1,309) - 3 BUILDINGS - NEW - 46 - 55 STOREY Value: RM 320.00 mn (US$74.77 mn)
THE TROPIKA - Kuala Lumpur APARTMENTS (868) | SHOPS / OFFICES (10) SHOPS (11) - 4 buildings - NEW - 31 - 42 storey Value: RM 200.00 mn (US$46.51 mn)
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RESIDENTIAL
SUNWAY SERENE: PLOT 1 - Selangor APARTMENTS (894) - 2 buildings - NEW - 51 & 52 storey Value: RM 388.00 mn (US$90.65 mn)
9 SEPUTEH: TRIA SEPUTEH (PARCEL B) - Selangor APARTMENTS (734) - 3 buildings - 41 - 46 storey Value: RM 408.80 mn (US$95.51 mn)
BERKELEY UPTOWN - Selangor APARTMENTS (694) | VILLA (42) - 3 buildings - NEW - 14 - 32 storey Value: RM 230.00 mn (US$56.24 mn)
OFFICE
CLUSTER C - Kuala Lumpur OFFICE (120) - NEW - 48 storey Value: RM 180.00 mn (US$42.96 mn)
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RETAIL
BUKIT BINTANG CITY CENTRE (BBCC): PHASE 1 (LIFESTYLE MALL) - Kuala Lumpur SHOPPING CENTRE - NEW - 7 storey Value: RM 1.23 bn (US$278.28 mn)
HOTEL /HOSPITAL
SRI SELTRA: HOLIDAY INN KUALA LUMPUR (4 STARS) & APARTMENTS AT BANGSAR) - Kuala Lumpur HOTEL (220 rooms) | APARTMENTS (178) - NEW - 43 storey Value: RM 130.00 mn (US$31.79 mn)
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Active Pre-Construction Projects
CONCEPT - SOUTHBAY CITY PARCEL A (PLOT 4): 5 STARS HOTEL - Penang
DESIGN - UTM - KPJ SPECIALIST HOSPITAL: PHASE 1) - Johor - CYBERJAYA CITY CENTRE: PLOT O (PHASE 2) - Selangor
TENDER - SCOTIA COMMERCE: COMMERCIAL DEVELOPMENT (PHASE 2F) - Selangor
POST TENDER - EDUSENTRAL: APARTMENTS (PHASE 3) - Selangor
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Key Categories Overview of Malaysia's construction industry growth by categories.
RETAIL HOTEL OFFICE 120 39 155
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HEALTH INDUSTRIAL 25 42
PLEASE NOTE
The figures in this report are based on reliable sources and direct feedback from project contacts, but are subject to change. Future updates will be adapted to capture the current state of the market as government restrictions change and further inspections from Construction Industry Development Board (CIDB). Information utilised in this report is current as of 28 June 2020. This information has been prepared without taking your specific needs or objectives into account. Because of this you should consider its appropriateness with regard to your objectives or needs before acting on this information. BCI Asia does not warrant the accuracy or completeness of the information in this publication, and accepts no, and disclaims all, liability for any loss or damage whether occasioned by reliance on such information or otherwise. The information is subject to change without notice and BCI Asia is under no obligation to update the information or correct any inaccuracy which may become apparent at a later date.
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SPECIAL REPORT FOR SITE RESUMED & PRE-CONSTRUCTION FOR NORTHERN REGION
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RESIDENTIAL
BUKIT BENDERA: QUARTERS & RETAINING WALL AT JALAN LOWER TUNNEL (UPGRADE) - Penang HOUSES (3) | RETAINING WALL - Upgrade - single storey Value: RM 456,000 (US$107,000)
BERTAM PERDANA 2 (BP2) PHASE 2: PHASE 2A - Penang HOUSES (155) - NEW - single storey Value: RM 38.00 mn (US$8.88 mn)
ONSEN SUITE @ SUNWAY CITY IPOH - Perak SERVICED APARTMENTS (252) | RETAIL - NEW - 24 storey Value: RM 77.00 mn (US$18.42 mn)
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RETAIL
SUNWAY CARNIVAL MALL AT SEBERANG JAYA: PHASE 1 (EXTENSION) - Penang SHOPPING CENTRE - Extension - 9 storey Value: RM 286.00 mn (US$69.93 mn)
INFRASTRUCTURE
BAGAN DATUK - KAMPUNG SEJAGOP: BRIDGE & ROADWORKS - Perak BRIDGE - NEW Value: RM 390.00 mn (US$91.12 mn)
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CONCEPT
- PENANG SHOW CHWAN HOSPITAL - Penang
- SEAFRONT PROJECT: VICTORIA BAY @ QUEENSBAY (PHASE 1) - Penang
- SOUTHBAY CITY PARCEL A (PLOT 8): OFFICES - Penang
page 10/11 Contact us for a free consultation
BCI ASIA CONSTRUCTION INFORMATION SDN BHD P: +60 3 76611380 F: +60 3 76611381 E: [email protected]
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UNIT 1106, BLOCK B, PHILEO DAMANSARA II, JALAN 16/11, SECTION 16, 46350 PETALING JAYA, SELANGOR, MALAYSIA