According to statistics provided by the National Property Information Centre (Napic), the average price of a residential property in Malaysia has risen by 16% during the first half of this year to RM212,815 (US$68,600). Residential properties in Malaysia are the most expensive in Southeast Asia after Singapore.
Property development is a lucrative business especially for those with a good reputation and status. Property developers are allowed to collect payments and deposits from potential buyers, when projects are launched.
Preparations underway for Malaysian International Furniture Fair
The Malaysian International Furniture Fair (MIFF) 2011 will be held at the Putra World Trade Centre (PWTC) and Kuala Lumpur Convention Centre (KLCC), from 1 to 5 March 2011. The MIFF will provide 80,000 square metres of exhibition floor space.
Malaysia Log Prices
Sarawak log, FOB | US$ per m³ |
Meranti SQ up | 245-270 |
Small
|
230-260 |
Super small
|
230-251 |
Keruing SQ up | 230-242 |
Small
|
216-244 |
Super small
|
201-246 |
Kapur SQ up | 221-246 |
Selangan Batu SQ up | 212-246 |
Pen. Malaysia logs, domestic (SQ) | US$ per m³ |
DR Meranti | 253-272 |
Balau | 310-339 |
Merbau | 341-373 |
Rubberwood | 84-118 ⇑ |
Keruing | 230-246 |
Peninsular Malaysian meranti logs are top grade and are used for scantlings for the EU. Their prices are higher than Sarawaks. |
Malaysia Sawnwood Prices
Malaysia Sawnwood, FOB | US$ per m³ | |
DR
Meranti |
401-437 | |
White Meranti A & up |
292-322
|
|
Seraya Scantlings (75x125 KD) |
440-453
|
|
Sepetir Boards |
261-283
|
|
Sesendok 25,50mm |
352-370
|
|
Kembang Semangkok |
314-337
|
|
Malaysian Sawnwood, domestic |
US$ per m³
|
|
Balau (25&50mm,100mm+) |
332-352
|
|
Merbau |
464-516
|
|
Kempas 50mmx (75,100 & 125mm) |
268-308
|
|
Rubberwood | 25x75x660mm up |
223-273
|
50-75mm Sq. |
262-294
|
|
>75mm Sq. |
284-313
|
Malaysia Plywood Prices
Malaysia ply MR BB/CC, FOB | US$ per m³ |
2.7mm |
422-484 ⇑
|
3mm |
402-432 ⇑
|
9mm & up |
349-421 ⇑
|
Meranti ply BB/CC, domestic | US$ per m³ |
3mm
|
346-437 ⇑
|
12-18mm
|
329-358 ⇑
|
Other Malaysia Panel Prices
Malaysia, Other Panels, FOB | US$ per m³ |
Particleboard Export 12mm & up |
239-262
|
Domestic 12mm & up
|
226-243
|
MDF Export 15-19mm |
293-324
|
Domestic 12-18mm
|
283-301
|
Malaysia Added Value Product Prices
Malaysia, Mouldings, FOB | US$ per m³ |
Selagan Batu Decking |
553-564
|
Red Meranti Mouldings 11x68/92mm x 7ft up | |
Grade A
|
568-581
|
Grade B
|
522-532
|
Malaysia Furniture and Parts Prices
Malaysia, Rubberwood, FOB | US$ per piece | |
Semi-finished dining table solid laminated top 2.5'x4', extension leaf |
69-85
|
|
As above, Oak Veneer |
76-90
|
|
Windsor Chair |
68-70
|
|
Colonial Chair |
66-71
|
|
Queen Anne Chair (soft seat) | without arm |
67-74
|
with arm |
66-75
|
|
Chair Seat 27x430x500mm |
54-59
|
|
Rubberwood Tabletop | US$ per m³ | |
22x760x1220mm sanded & edge profiled | ||
Top Grade
|
601-631 | |
Standard
|
581-601 |