Tender Price Movements in the Malaysian Construction Industry,

TENDER PRICE MOVEMENTS IN THE MALAYSIAN CONSTRUCTION INDUSTRY, WITH SPECIFIC REFERENCE TO HOUSING PROJECTS IN THE KLANG VALLEY

Project Leader:

Professor Sr. Dr. Khairuddin Abdul Rashid

Research Team:

Asst. Professor Dr. Sharina Farihah Hasan

ABSTRACT

Research Problem: Debates on the continuous and upward increase in the selling price of houses continue unabated. However, very little has been said about construction costs of houses, such as, is the trend in construction costs of houses moving in similar patterns too? One way to understand it is through comparing and contrasting the construction costs index against the selling price index of housing projects.

Aims and objectives: The aim of the study is to improve key stakeholders' understanding of the nature and extent to which future cost movements are likely to affect the overall costs of carrying out housing projects in the Klang Valley over the next short to medium terms.