Construction Material Price Trends in Malaysia (2026): Cement, Steel & More – ClickBina
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📊 2026 Material Price Data · Malaysia

Construction Material Price Trends in Malaysia
2026: Cement, Steel & More

The DOSM Building Materials Cost Index and CIDB data for 2025–2026 show a split picture: cement prices are trending up 2–6% year-on-year, while steel has fallen 3–7% YoY. This guide anchors those figures and explains what is driving each category.

Malaysia’s construction material prices in 2026 are mixed, not uniformly rising. Cement is up 2.0–6.1% year-on-year (DOSM BMCI, December 2025), highest in Pahang at +6.1%. Steel reinforcement bars have fallen 3.2–7.1% YoY, averaging around RM3,512 per tonne (CIDB BMCI). Oil-derived materials — paint, PVC, waterproofing membranes, vinyl — track global crude and petrochemical feedstock, not local pump prices. The clearest inflationary channel remains diesel-driven logistics: the June 2024 subsidy removal pushed Peninsular diesel from RM2.15 to RM3.35/litre, permanently lifting delivery and site-machinery costs.

This article presents indicative price trend data for general reference. Actual material prices vary by supplier, region, quantity and specification. Get a project-specific quote on WhatsApp.

2026 material price overview

The narrative of “construction materials all rising together” is inaccurate for Malaysia in 2026. The data shows a split market: some materials are modestly higher, one major category is lower, and the sharpest verified cost driver is not material prices at all but diesel-powered logistics. Getting this distinction right matters for budgeting and for understanding where future cost risk sits.

The primary data sources used in this article are:

  • DOSM Building Materials Cost Index (BMCI): compiled by the Department of Statistics Malaysia, tracking the cost of key construction inputs by state and category. The December 2025 release is the most recent at time of writing.
  • CIDB BMCI: the Construction Industry Development Board’s complementary cost-index series, used here for steel pricing and cross-validation.
  • ClickBina contractor and supplier market intelligence: live 2026 quotations across the Klang Valley, used to contextualise index data for residential renovation.

DOSM Building Materials Cost Index

The Department of Statistics Malaysia publishes the Building Materials Cost Index (BMCI) monthly, tracking price changes for a basket of construction materials by state. The index provides the most authoritative publicly available data on construction material cost trends in Malaysia.

Key December 2025 BMCI readings relevant to renovation:

  • Cement: year-on-year change ranged +2.0% to +6.1% across states (Pahang highest at +6.1%). Month-on-month gains were +1.2–3.2%, indicating a continued upward trend into early 2026.
  • Steel (reinforcement bars): year-on-year change ranged –3.2% to –7.1%, with an average price around RM3,512 per tonne. Steel has been in a correction since mid-2023 global price peaks.
  • Aggregate & sand: modest increases in line with diesel-driven delivery cost escalation, not raw material scarcity.

(Source: Dept of Statistics Malaysia, BMCI December 2025; CIDB BMCI.)

Cement price trends in Malaysia 2026

Cement is the most widely used construction material in Malaysia and the one experiencing the clearest upward price pressure in 2026. The DOSM BMCI records a +2.0–6.1% year-on-year increase as of December 2025, with states in the East Coast corridor (notably Pahang at +6.1%) showing the steepest gains, likely reflecting higher logistics costs to inland destinations.

Why is cement rising?

  • Energy costs in manufacturing. Cement production is energy-intensive; clinker kilns use large quantities of coal and electricity. Higher global coal prices and domestic energy cost adjustments have fed into cement factory-gate prices.
  • Diesel-driven delivery. Cement is heavy and low-value per tonne, making it highly sensitive to delivery cost per km. The June 2024 diesel price jump (RM2.15 → RM3.35/litre) raised landed-site cement costs, particularly for projects further from production facilities.
  • Demand from infrastructure. Active infrastructure programmes in Malaysia — highways, MRT extensions, flood-mitigation works — sustain cement demand and support producer pricing power.

For renovation projects, cement price increases feed into tiling mortar, screeding, plastering, structural repairs, and any reinforced-concrete extension works. The 2–6% YoY increase is real but not dramatic; a RM50,000 renovation with 20% cement-content materials faces roughly RM200–RM600 of cement-inflation cost — manageable, not budget-breaking.

Steel price trends in Malaysia 2026

Steel reinforcement bars (rebar) — the key structural material for reinforced-concrete buildings — have been falling in price in Malaysia through 2025 and into 2026. The CIDB BMCI records a year-on-year decline of 3.2–7.1%, with an average rebar price of approximately RM3,512 per tonne (Source: CIDB BMCI, December 2025).

Why is steel falling?

  • Oversupply from China. China’s slowing property sector has reduced domestic steel consumption, leading Chinese mills to export aggressively at competitive prices. This has pushed global and regional rebar prices lower.
  • Slower Malaysian construction pipeline. A moderation in new private residential launches in 2024–2025 reduced near-term steel demand.
  • Global iron ore price softening. Lower iron ore spot prices have reduced the input cost for steelmakers.

For renovation purposes, cheaper steel is most relevant for: structural extensions (beams, columns, slabs); roof structures (purlins, trusses); and metal stud wall partitions. Standard residential renovation — tiling, painting, cabinetry, bathroom fit-out — uses relatively little structural steel, so the benefit is more pronounced for landed-home extensions than for condo refurbishments.

Oil-derived renovation materials

Several common renovation materials are derived from petroleum or petrochemical feedstocks:

  • Paint (alkyd and acrylic resins, solvents)
  • PVC pipes, conduit and fittings (polyvinyl chloride)
  • Waterproofing membranes (bituminous and polymer-based)
  • Vinyl flooring and laminates (PVC facing)
  • Adhesives, sealants and silicone
  • PU foam and rigid insulation (polyurethane)

These materials track global crude oil prices, petrochemical feedstock costs, international shipping freight, and the MYR/USD exchange rate — not the Malaysian retail pump price. A rise in RON95 or diesel at the Malaysian pump does not directly translate into more expensive paint or PVC pipe; what matters is global naphtha and ethylene prices and the currency rate at which Malaysia imports finished goods.

As of early 2026, global crude is mixed and shipping freight has normalised from 2021–2022 peaks. MYR has strengthened somewhat. The net effect is that petrochemical renovation materials are broadly flat to slightly lower in 2026 compared with the 2022–2023 peak. However, any MYR weakening or crude price spike would reverse this quickly.

For a deeper analysis, see our guide on which renovation materials are hit hardest by fuel and oil prices.

Diesel & logistics: the verified cost channel

The most clearly documented and quantified cost increase for Malaysian renovation in 2026 is not material prices per se, but diesel-driven logistics and site-machinery costs.

When the Peninsular Malaysia diesel subsidy was removed on 10 June 2024, the pump price rose from RM2.15 to RM3.35 per litre — an increase of approximately 56% (Source: data.gov.my; Ministry of Finance). The government introduced targeted Budi MADANI diesel aid of RM200/month for eligible recipients, and anti-smuggling enforcement saved approximately RM600 million per month. Sabah and Sarawak retained the subsidy.

This increase is now a permanent structural feature of contractor costs and is reflected in:

  • Higher material delivery surcharges (RM50–RM200 per lorry trip depending on load and distance)
  • Higher operating costs for diesel-powered site equipment (mixers, compactors, generators, pumps)
  • Higher charges for specialised machinery such as cranes, excavators and concrete pumps

The diesel channel is well-verified and persistent. By contrast, the RON95 petrol channel is muted for renovation: contractors’ passenger vehicles do not drive material costs, and RON95 remained at RM1.99/litre as of March 2026 under the BUDI95 targeted scheme (Source: Ministry of Finance; The Star, March 2026).

See our dedicated guide: diesel, delivery and renovation costs in Malaysia.

Construction material price trends: comparison table

Material / inputYoY change (Dec 2025)Primary price driverRenovation relevance
Cement+2.0–+6.1% (DOSM BMCI)Energy (coal/electricity) + diesel deliveryTiling mortar, screeding, plastering, structural repair
Steel (rebar)–3.2 to –7.1% (~RM3,512/t) (CIDB BMCI)Global oversupply; Chinese exportsStructural extensions, roof purlins, metal stud
Paint & coatingsBroadly flat to slight –Global crude, petrochemicals, MYR/USD, freightAll painting works; high surface area = high exposure
PVC pipes & fittingsBroadly flatPVC resin (petrochemical), importsPlumbing re-pipe, electrical conduit
Waterproofing membranesMixed (flat to slight +)Bitumen / polymer crude linkage + MYR/USDRoofs, bathrooms, balconies, basements
Tiles & ceramicsFlat to slight + (import-sensitive)MYR/USD, shipping, origin-country energy costsFloor and wall tiling throughout
Diesel (site use)+56% since June 2024 (permanent)Peninsular subsidy removalMaterial delivery, site machinery, haulage
LabourModest + (3–5% informal estimate)Wage inflation, foreign worker levy costsAll trades; roughly 50% of total project cost

(Sources: DOSM BMCI December 2025; CIDB BMCI; data.gov.my; ClickBina market intelligence, 2026.)

Import costs and exchange rate effects

Malaysia imports significant volumes of construction and renovation materials: porcelain tiles from China and Spain, sanitary ware from Europe and China, specialty waterproofing from Germany and Japan, and engineered flooring from multiple origins. Import costs are sensitive to:

  • MYR/USD exchange rate. A weaker ringgit means higher landed cost for imported goods priced in USD. MYR has shown some stability in 2025–2026 but remains susceptible to global risk-off moves.
  • Shipping freight rates. Post-pandemic freight normalisation has been broadly complete by 2025, reducing the surcharge that inflated imported material prices in 2021–2022.
  • China factory-gate prices. China is the dominant source for tiles, sanitaryware, PVC fittings, electrical fixtures and basic metal components. Chinese factory-gate prices have been deflationary in 2024–2025 due to domestic overcapacity, partially offsetting the MYR impact.

The net import-cost environment in 2026 is neutral to slightly favourable compared with the 2022 peak. Importers and contractors are not facing the acute freight-cost and delivery-delay pressures of that period.

Price impact by renovation trade

Renovation tradeKey materials2026 material price directionNet cost impact
PaintingPaint (petrochemical); labour-heavyFlat to slight –Broadly stable; labour drives this trade
Floor & wall tilingTiles (import-sensitive); cement mortar (+2–6%)Mixed: tiles flat, mortar upModest increase from cement; tiles broadly stable
WaterproofingBituminous / polymer membrane (petrochemical)Flat to slight +Broadly stable; diesel delivery adds modestly
Structural extensionCement (+2–6%); steel rebar (–3–7%)Mixed: cement up, steel downNet near-neutral; depends on cement/steel ratio
Re-pipingPVC / CPVC pipe (petrochemical); fittingsFlatStable; labour-intensive trade
Kitchen renovationCabinetry (wood/MDF/HDF); worktop; tiles; appliancesMixed; mainly flatBroadly stable; labour and carpentry dominate

2026–2027 material price outlook

Projecting material prices involves genuine uncertainty. The following scenarios are based on publicly available data and market commentary, not predictions:

  • Cement: likely to remain modestly elevated given continued infrastructure demand and energy-cost pressures on manufacturers. A further +2–4% YoY in 2026–2027 is plausible. Regional variation (East Coast corridor higher) expected to persist.
  • Steel: the current dip is driven by Chinese oversupply, which may not be permanent. A resumption of Chinese domestic construction activity or capacity rationalisation could push rebar prices back up. The current ~RM3,512/tonne average could rise to RM3,800–RM4,000/tonne if Chinese demand recovers.
  • Oil-derived materials: broadly contingent on global crude direction and MYR stability. If crude rises meaningfully above USD90/barrel and MYR weakens, paint, PVC and membrane prices will follow with a 3–6 month lag.
  • Diesel / logistics: permanent at current levels unless there is a policy reversal. If the targeted diesel subsidy for commercial users is tightened further, haulage costs would rise again.
  • Labour: modest wage inflation (3–5%) expected to continue. Foreign worker levy adjustments and minimum wage policy are the main levers to watch.

For budgeting purposes, the prudent assumption is flat to +3–5% on total renovation cost per year unless one of the above scenarios materialises. A fixed-price contract transfers this uncertainty to the contractor. See our guide on protecting your renovation budget from rising costs and our renovate now or wait guide for practical application of these trends.

How to cite this data

This article is free to reference. If you use these figures in a report, article, or presentation, please cite ClickBina with a link. Suggested citation:

“Construction Material Price Trends in Malaysia (2026): Cement, Steel & More”, ClickBina, 2026. https://clickbina.com/guides/construction-material-price-trends-malaysia-2026/

Journalists, property writers and researchers are welcome to reproduce the tables above with attribution. For a renovation cost estimate that incorporates the latest material pricing, message ClickBina on WhatsApp or use our free renovation cost calculator.

Sources & methodology

All BMCI figures sourced from the Department of Statistics Malaysia (DOSM), Building Materials Cost Index, December 2025 release. Steel rebar pricing from CIDB BMCI, December 2025. Diesel subsidy reform figures from data.gov.my and the Ministry of Finance (June 2024). RON95/BUDI95 scheme data from the Ministry of Finance and The Star (March 2026). Renovation cost and market-intelligence data compiled from ClickBina 2026 contractor quotations and supplier price lists across the Klang Valley. Full renovation cost context: 2026 Klang Valley Renovation Cost Report. Hub article: how diesel subsidy cuts drive renovation costs in Malaysia.

Free to cite: “Construction Material Price Trends in Malaysia (2026)”, ClickBina, 2026. https://clickbina.com/guides/construction-material-price-trends-malaysia-2026/

Common Questions

Are construction material prices rising in Malaysia in 2026?
The picture is mixed, not uniformly rising. Cement is up 2.0–6.1% year-on-year as of December 2025 (DOSM BMCI). Steel rebar has fallen 3.2–7.1% YoY, averaging around RM3,512 per tonne (CIDB BMCI). Oil-derived materials (paint, PVC, waterproofing membranes) are broadly flat, tracking global crude and petrochemical markets rather than local diesel pump prices.
What is the current price of steel rebar in Malaysia in 2026?
According to CIDB BMCI data for December 2025, steel reinforcement bar (rebar) was averaging approximately RM3,512 per tonne, down 3.2–7.1% year-on-year. Prices can vary by supplier, grade, quantity and delivery location.
Why has cement become more expensive in Malaysia?
Cement prices rose 2.0–6.1% YoY (DOSM BMCI, December 2025) due to a combination of higher manufacturing energy costs (cement kilns require coal and electricity), the June 2024 diesel subsidy removal adding to delivery costs, and sustained demand from infrastructure programmes. States further from production facilities (e.g. Pahang at +6.1%) saw the steepest increases.
Does the RON95 petrol price affect renovation material costs?
Only indirectly and modestly. RON95 powers passenger vehicles, not the lorries, concrete mixers and site equipment used in construction. The clearest fuel cost channel for renovation is diesel, which rose 56% after the June 2024 subsidy removal (RM2.15 → RM3.35/litre, data.gov.my). Oil-derived materials like paint and PVC track global crude and petrochemical feedstock, not the Malaysian pump price.
How does the diesel subsidy removal affect construction material costs?
The removal of the Peninsular Malaysia diesel subsidy on 10 June 2024 raised pump prices from RM2.15 to RM3.35 per litre — about 56%. This increased the delivery cost for heavy materials (cement, tiles, steel) and raised operating costs for diesel-powered site equipment. It is now a permanent cost embedded in contractor and materials-supplier pricing.
Which renovation materials are most affected by oil prices?
Materials derived from petroleum or petrochemical feedstocks are most oil-sensitive: paint (resins and solvents), PVC pipes and conduit, bituminous and polymer waterproofing membranes, vinyl flooring, adhesives and sealants, and PU foam insulation. These track global crude and petrochemical prices, not Malaysian pump prices.
Is steel cheaper to buy for renovation in 2026?
Yes, relatively. Steel rebar is down 3.2–7.1% year-on-year, averaging around RM3,512/tonne (CIDB BMCI, December 2025). This is driven by global oversupply, particularly from Chinese mills. This benefits structural extensions, roof purlins and metal stud partitions more than standard condo renovations, which use little structural steel.
Where can I find official Malaysian construction material price data?
The Department of Statistics Malaysia (DOSM) publishes the Building Materials Cost Index (BMCI) monthly on its website. The Construction Industry Development Board (CIDB) also publishes a complementary BMCI series with material-level price indices. Both are free to access and cited in this article.

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