There are 02 types of membership plan that is available namely Basic and Premium Subscription, click here to subscribe further.
N3C 2.0 is affordable, easy access from anywhere and anytime, it has the latest products and report retrieval and most importantly it is a one-stop centre for construction cost.
N3C 2.0 product is used by a diverse range of construction professionals who need to analyse on construction cost data which includes for submission of tender. Some of them include:- Quantity surveyors Residential builders Contractors Architects Lectures / Students
Subscription can be made online on www.n3c.cidb.gov.my, for new user select subscribe now button and select the preferred plan (basic or premium) then fill up the details and enter the promo code and proceed with the online payment. As to upgrade, please select upgrade plan, then fill up the details and to proceed with the online payment.
Anytime
All subscription can be made online through N3C 2.0 portal. Another method of payment is via direct transaction to BCISM account whereby we will produce an invoice to the agency/organisation and after payment received we will create an account for the agency/organisation
Kindly email us at BCISM marketing@bcism.com.my to get your promo code.
N3C 2.0 is a yearly subscription, you can only view one-time receipt where you can find it on your profile details on N3C 2.0 portal.
Subscriptions will take effect immediately once the payment that has been made is successful.
Yes, you can subscribe on a personal basis. Please visit N3C 2.0 portal and subscribe personally via online.
Yes, as long as you are using the same user ID and password and the portal access 1 user at a time.
The N3C 2.0 subscriptions will expire within one year after it is activated.
You can easily change or update your contact information on the user profile located at the top right tab when you log in to N3C 2.0.
The subscription is based on 1 account 1 user, which means you can make it as your personal or convert into institution/ organisation subscription as long as the user is using the same ID and password.
Simply by clicking on upgrade button on N3C 2.0 portal
Subscriptions cannot be canceled or refunded. It will expire in one (1) year.
Please go to the main page click login and click forgot password. Enter your email and click submit. You will get a temporary password to login to your account
Our system only recognises the exact email address attached to the account. If you find you are not receiving any email from BCISM, please contact marketing.bcism@elerat.com and let us know.
N3C subscribers are automatically added to BCISM subscribers list. You will receive emails from BCISM on the latest information and promo.
Currently, N3C 2.0 provide construction cost data from 2014 to 2021. As for the year 2011 to the year 2013, we are publishing the data.
It is updated on monthly basis
BCISM is entrusted to operate N3C 2.0 portal on behalf of CIDB Malaysia, and BCISM is responsible to compile and centralizing the data bank for construction cost.
Please contact us at marketing.bcism@elerat.com and email us the questions and we will answer accordingly.
Information on current and/or historical prices of building materials - including such as reinforcement bar, ordinary Portland cement, ready mix concrete, sand, aggregate, common clay brick, medium metal sections and beams, steel pipes and fittings (click here).
Information on material price trends for 17 building material groups is published as a Building Material Cost Index,(click here).
There are several initiatives, both ongoing and planned, undertaken by the Government to stabilize the prices of building materials:
- Efficient planning which phases out the implementation of Government development projects, taking into account the state of
private sector construction activities, in order to avoid sudden surges in the demand for construction materials which will affect prices
- Enforcement of the Competition Act 2010 (Act 712)
- Import and export restrictions on specific construction materials.
- Information on current and/or historical prices of M&E components - including valves, electrical and instrument cables, hot rolled
coils, hot rolled and cold rolled plates, hot dipped galvanized coils and wire rods - (click here).
- Note that the CIDB archive currently covers the period from July 2008 to April 2011.
Information on current and/or historical prices of selected civil engineering works materials - including bitumen - is available at the Department of Statistics Malaysia website under the Special Release 1 - For Civil Engineering Works section (click here).
The price of building materials can be affected by internal factors or by external factors.Internal factors include:
- Government policies
- The imposition of a goods and services tax
- Petrol/diesel prices and electricity tariffs, due to rationalization of fuel subsidies
- Import restrictions on specific construction material
- Long term development plans
- Housing and property policies, such as the property gains tax, the restriction on foreign purchase, and the affordable housing
programme(PR1MA)
- The interest rate (BLR)
- Supply and demand in the property market
- Economic conditions and the confidence of investors
External factors include international market forces affecting the prices of fuel and raw materials (such as coal, scrap iron, copper).
- Information on the volume/value of imports and exports of selected building materials in Malaysia is available from the
International Trade Division of the Department of Statistics Malaysia (click here).
- Use the HS code or SITC code - the Royal Customs Department's code used for imports and exports - of the selected building materials.
Information on M&E component price trends for selected components is published as an M&E Components Index under Special Release 3, available on the Department of Statistics Malaysia website (click here).
The price of M&E components can be affected by internal factors or by external factors.
Internal factors include:
- Government policies
- The imposition of a goods and services tax
- Petrol/diesel prices and electricity tariffs, due to rationalization of fuel subsidies
- Import restrictions on specific construction material
- Long term development plans
- Housing and property policies, such as the property gains tax, the restriction on foreign purchase, and the affordable housing
programme (PR1MA)
- The interest rate (BLR)
- Supply and demand in the property market
- Economic conditions and the confidence of investors
External factors include international market forces affecting the prices of fuel and raw materials (such as coal, scrap iron, copper).
The price of materials for civil engineering works can be affected by internal factors, which include Government policies such as:
- The imposition of a goods and services tax
- Petrol/diesel prices and electricity tariffs, due to rationalization of fuel subsidies
- Import restrictions on specific construction material
- Long term development plans
- The interest rate (BLR)
- The trends of materials prices for civil engineering works materials - including bitumen - is not available on this website.
- However, price trends can be extrapolated using price data published by the Department of Statistics Malaysia website under the
Special Release 1- For Civil Engineering Works (click here).
Information on current and/or historical prices of fuel - such as diesel and petrol - is available at the Department of Statistics Malaysia website under the Special Release 1 - For Civil Engineering Works section (click here).
- The price trends of fuels - such as diesel and petrol - is not available on this website.
- However, price trends can be extrapolated using price data published by the Department of Statistics Malaysia website under the Special Release 1- For Civil Engineering Works (click here).
The price of fuel can be affected by internal factors or by external factors.
Internal factors include:
- Government policies
- The imposition of a goods and services tax
- Petrol/diesel prices and electricity tariffs, due to rationalization of fuel subsidies
- Import restrictions on specific construction material
External factors include international market forces affecting the prices of fuel and raw materials (such as coal, scrap iron, copper), and political stability in the oil producing countries.
The increase in prices of fuel will give rise to higher production and transportation costs of construction material and equipment, as well as a higher rental rate of machineries.
Information on current and/or historical prices of scrap metal is available at the Malaysian Iron & Steel Industry Federation (MISIF) website (click here).
Information on current and/or historical prices of construction labour wage rates (click here).
Information on labour wage rate price trends for 12 building labour groups is published as a Building Labour Cost Index, (click here).
Construction labour wages can be affected by internal factors, including:
- Government policies
- The imposition of a goods and services tax
- Immigration policy on foreign workers
- Long term development plans
- Housing and property policies, such as the property gains tax, the restriction on foreign purchase, and the affordable housing
programme (PR1MA)
- The interest rate (BLR)
- Supply and demand in the property market
- Economic conditions and the confidence of investors
A study by the CIDB shows that labour generally counts for approximately 30% of construction costs for building works. The impact of a shortage of labour supply on construction cost may vary from state to state in Malaysia, due to the following factors:
- The Government’s economic and development policies to promote development and foreign investment at selected states or regions - such as Iskandar Malaysia and the Kuala Lumpur Financial Centre (KLFC) - will cause those regions to experience greater impact from shortages in the labour supply. Labour wage rates are likely to increase when demand exceeds supply. In this situation, the increase in labour wage rates will also increase construction costs in those affected states more than other states and, naturally, its schedule.
- States or regions that have more construction activities - such as Selangor, Kuala Lumpur and Johor - will experience a more acute and adverse impact to construction costs and schedules when there is a labour shortage.
Immigration policy on levies, the intake of foreign workers and preference on the country of origin of these workers may also contribute to the changes in labour supply. Shortages of labour will promote or encourage unhealthy competition for labour, including pinching of workers among contractors, states and regions. This will push up labour cost/wages (including higher cost/wages for working overtime), affecting construction costs and schedules.
Information on current and/or historical prices of construction machinery rental rate and equipments purchase rate (click here).
Information on material price trends for 7 building machinery and equipment groups is published as a Machinery & Equipment Cost Index, (click here).
Construction machinery rental equipment rates and prices can be affected by internal factors, including:
- Government policies
- The imposition of a goods and services tax
- Immigration policy on foreign workers
- Long term development plans
- Housing and property policies, such as the property gains tax, the restriction on foreign purchase, and the affordable housing
programme (PR1MA)
- The interest rate (BLR)
- Supply and demand in the property market
- Cheaper and more efficient imported machinery equipment
Generally, supply shortages of construction machinery and equipment will increase construction costs and delay construction schedules.
Though the direct machinery cost impact may be minimal - its composition in construction cost is found to average only about 3% - the actual additional cost incurred may be much higher, arising from prolonged construction periods.
However, the impact may be greater in certain construction activities, e.g. piling works, which is a specialist work that requires very specialized machinery and equipment.
As it is often the first construction activity within a tight timeframe, shortages of specialized machinery and equipment will most likely increase construction costs and delay project completion.
The impact of this shortage may vary from state to state in Malaysia due to the following factors:
- The Government's economic and development policies to promote development and foreign investment at selected states or regions - such as Iskandar Malaysia and the Kuala Lumpur Financial Centre (KLFC) - will cause those regions to experience greater impact from shortages in the machinery and equipment supply. Machinery rental rates and equipment prices are likely to increase when demand exceeds supply. In this situation, the increase in labour wage rates will also increase construction costs in those affected states more than other states and, naturally, its schedule.
- States or regions that have more construction activities - such as Selangor, Kuala Lumpur and Johor - will experience a more acute and adverse impact to construction costs and schedules when there is a machinery and equipment shortage.
- The import policy and taxation on imported machinery and equipment.
Supply shortages of machinery and equipment will result in unhealthy tender/bid competitions, as lesser contractors will be able to participate in the tender calling exercise. This will push up construction costs (including higher rental and cost for working overtime) and delay project completion.
The Building Material Cost Index(click here).
The Building Labour Cost Index (click here).
The Machinery & Equipment Cost Index (click here).
The Building Cost Index (click here).
Based on a study by CIDB, the proportions of construction cost for building materials, labour, machinery and equipment for a typical residential building construction are:
- 66.67% = Materials
- 30.85% = Labour
- 2.48% = Machinery & Equipment
The figures were derived from basic construction costs that do not take into account overheads, profit margins, M&E and preliminary costs.
The price of residential building prices can be affected by internal factors or by external factors.
Internal factors include:
- Government policies
- The imposition of a goods and services tax
- Petrol/diesel prices and electricity tariffs, due to rationalization of fuel subsidies
- Land acquisition policy and conversion process
- Housing and property policies, such as the property gains tax, the restriction on foreign purchase, and the affordable housing
programme (PR1MA)
- The interest rate (BLR)
- Supply and demand in the property market
- Land costs
- Cost of construction materials and labour
- Security features
External factors include keen foreign interest in taking up local properties, either for speculation or through promotional schemes (such as "second home" ownership for foreigners, for certain categories of high-end residential properties).
The information is unavailable, as CIDB does not have any data on construction labour productivity.
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