The Malaysia Construction Market Report is Segmented by Sector (Residential, Commercial, and Infrastructure), by Construction Type (New Construction and Renovation), by Construction Method (Conventional On-Site and More), by Investment Source (Public and Private), and by Geography (Selangor, Johor, Wilayah Persekutuan, and Others). The Market Forecasts are Provided in Terms of Value (USD).

Malaysia Construction Market size was valued at USD 49.47 Billion in 2024 and is projected to reach USD 83.07 Billion by 2032, growing at a CAGR of 8.5% from 2026 to 2032.

Malaysia Construction Market Drivers

Government Initiatives and Infrastructure Investment: The Malaysian government plays a pivotal role in the construction industry by funding major infrastructure projects. Programs such as the 12th Malaysia Plan (2021-2025) focus on large-scale public infrastructure improvements, targeting transportation networks, healthcare facilities, and affordable housing. The government’s investments in projects like the Mass Rapid Transit (MRT) and the Pan Borneo Highway reflect a strong commitment to modernizing the country's infrastructure. Moreover, these projects aim to enhance connectivity, reduce urban congestion, and create job opportunities, leading to sustained construction growth.

Urbanization and Population Growth: Malaysia’s urbanization rate is increasing steadily, with more people moving to urban areas for employment and better living conditions. This demographic shift necessitates extensive infrastructure development, including residential buildings, commercial spaces, transportation networks, and utilities. The urbanization trend, coupled with a growing middle-class population, drives demand for high-rise buildings, housing developments, and recreational facilities, creating a favorable environment for construction activities across the country.

Foreign Direct Investment (FDI) and International Partnerships: Malaysia's strategic location in Southeast Asia, along with its stable political climate, attracts significant foreign investment, especially in the construction and real estate sectors. Initiatives under the Belt and Road Initiative (BRI) have seen Chinese firms collaborate on large projects, bringing in capital and expertise. Additionally, policies promoting foreign ownership in certain property sectors have increased FDI, further energizing the construction industry. The presence of international players contributes to Malaysia’s economic development and facilitates the adoption of modern construction techniques and technologies.

Malaysia Data Center Construction Market Report Segments the Industry Into Infrastructure (By Electrical Infrastructure, by Mechanical Infrastructure, General Construction), by Tier Type (Tier 1 and 2, Tier 3, Tier 4), by Data Center Type (Colocation, Self-Built Hyperscalers (CSPs) and More). The Market Sizes and Forecasts are Provided in Terms of Value (USD Million) for all the Above Segments.

This dataset shows the Value added of construction sector by state, 2005-2020 at constant prices Notes: Supra State covers production activities that beyond the centre of predominant economic interest for any state = Not applicable For base year 2005, the values for year 2012 are estimate and the values for year 2013 are preliminary For base year 2010, the values for year 2016 are estimate and the values for year 2017 are preliminary For base year 2015, the values for year 2019 are estimate and the values for year 2020 are preliminary DEPARTMENT OF STATISTICS MALAYSIA No. of Views : 153

In real terms, the Malaysian construction industry’s output grew at a compound annual growth rate (CAGR) of 6.69% during the review period (2014-2018). Although output growth slowed in 2018, the general upward trend can be attributed to public and private sector investment in infrastructure, residential and energy construction projects. Read More

Forecast: Construction Industry Contribution to GDP in Malaysia 2022 - 2026 Discover more data with ReportLinker!

This dataset shows the Principal Statistics of Construction Sector, 2000 - 2017, Malaysia Footnote: The survey is conducted every 2 years. i) Refer to Census - 2005, 2010 & 2015 ii) Refer to cut-off - 2000, 2002, 2004, 2007 & 2009 iii) Refer to probability sampling - 2012 & 2013 No. of Views : 71

The size of the Malaysia Construction Market was valued at USD 16 Billion in 2023 and is projected to reach USD 23.43 Billion by 2032, with an expected CAGR of 5.6% during the forecast period. Recent developments include: April 2021: The Tetley Harris Food Group, a division of Tata Consumers Product, has announced that the US-based Harris Tea Company has bought all of its shares. The organization wants to offer integrated end-to-end services to its clients., January 2021: Habib Bakshi, CEO of SkyDiamond Elite, purchased the Construction shop, which sold kits for making homemade brews. Additionally, the company uses a special combination of materials to prepare the product. With consumers' increasing health consciousness, the company plans to expand its business via digital marketing and assist customers in making cost-effective lifestyle changes.. Notable trends are: Growing residential construction is driving the market growth.

Bursa Malaysia: Mkt Cap: Main Market: Construction Sector data was reported at 28.194 MYR bn in Nov 2018. This records a decrease from the previous number of 29.438 MYR bn for Oct 2018. Bursa Malaysia: Mkt Cap: Main Market: Construction Sector data is updated monthly, averaging 39.979 MYR bn from Aug 2009 (Median) to Nov 2018, with 112 observations. The data reached an all-time high of 54.599 MYR bn in Jun 2017 and a record low of 26.587 MYR bn in Sep 2011. Bursa Malaysia: Mkt Cap: Main Market: Construction Sector data remains active status in CEIC and is reported by Bursa Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.Z003: Bursa Malaysia: Market Capitalization.

GDP from Construction in Malaysia increased to 19578 MYR Million in the third quarter of 2025 from 18091 MYR Million in the second quarter of 2025. This dataset provides the latest reported value for - Malaysia Gdp From Construction - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, the value of construction work in Malaysia was valued at approximately ***** billion Malaysian ringgit, indicating an increase by more than ** billion Malaysian ringgit compared to the previous year. The construction sector in Malaysia has begun to recover after being negatively impacted by the COVID-19 pandemic.

Forecast: Specialised Construction Activities Industry Contribution to GDP in Malaysia 2022 - 2026 Discover more data with ReportLinker!

Bursa Malaysia: Number of Companies: Main Market: Construction Sector data was reported at 49.000 Unit in Nov 2018. This stayed constant from the previous number of 49.000 Unit for Oct 2018. Bursa Malaysia: Number of Companies: Main Market: Construction Sector data is updated monthly, averaging 45.000 Unit from Aug 2009 (Median) to Nov 2018, with 112 observations. The data reached an all-time high of 51.000 Unit in Aug 2009 and a record low of 42.000 Unit in Apr 2012. Bursa Malaysia: Number of Companies: Main Market: Construction Sector data remains active status in CEIC and is reported by Bursa Malaysia. The data is categorized under Global Database’s Malaysia – Table MY.Z010: Bursa Malaysia: Number of Listed Companies.

Malaysia Construction Project Management Software Market size was valued at USD 128.45 Million in 2024 and is projected to reach USD 248.62 Million by 2032, growing at a CAGR of 8.5% from 2026 to 2032.The market drivers for the Malaysia construction project management software market can be influenced by various factors. These may include:Increasing Urban Development Projects: A rise in public and private construction projects across urban centers is supported by software platforms designed to coordinate tasks, resources, and timelines.Cloud-Based Platform Integration: Migration toward cloud systems is driven by benefits such as real-time collaboration, centralized documentation, and scalable deployment models across project teams.

The Malaysia Construction Chemicals Market was valued at USD 400 Million in 2024 and is projected to reach USD 662 Million by 2032, growing at a CAGR of 6.5% from 2026-2032.

Malaysia Construction Chemicals Market: Definition/Overview

Construction chemicals are specialized chemical compounds used in buildings to improve structural strength, durability, and performance. These chemicals enhance workability, setting time, and environmental resistance in materials such as concrete, mortar, and coatings, resulting in long-lasting and efficient infrastructure.

Furthermore, concrete admixtures for improved setting, waterproofing solutions to avoid moisture damage, structural bonding sealants and adhesives, and corrosion-resistant protective coatings are all examples of Construction Chemical applications. They are critical in residential, commercial, and infrastructure projects, increasing safety, sustainability, and construction efficiency.

Malaysia Construction Material Testing Equipment Market is expected to grow during 2025-2031

Market Size, Trends, Segmentation, and Future Outlook Across Key Sectors Base Year : 2024

Malaysia Builder Hardware Market size has been expanding rapidly, showing significant growth rates in recent years, and it is projected to experience substantial growth during the forecast period from 2024 to 2031.

Malaysia Builder Hardware Market Drivers

Demand for Construction Activities: Increased investments in infrastructure development are anticipated to boost the demand for builder hardware. Urbanization trends are driving the construction of residential and commercial projects, leading to higher hardware consumption. According to the Department of Statistics Malaysia, the value of construction work done in Malaysia grew by 8.2% year-on-year to RM 31.8 billion in the fourth quarter of 2023. The residential buildings sub-sector recorded the highest growth at 11.3%, followed by non-residential buildings at 9.7%. This growth indicates a robust demand for construction activities, leading to an increased need for builder hardware.

Government Initiatives: Significant government initiatives aimed at enhancing infrastructure and housing are projected to stimulate the builder hardware market. These programs are expected to result in a substantial rise in public and private sector collaborations.

Adoption of Sustainable Materials: A rising preference for eco-friendly and sustainable building materials is likely to influence market dynamics. This shift is anticipated to drive innovation and development in builder hardware products that align with green building practices.

Malaysia Projects Awarded: Local Contractors: Private: Year to Date: Building data was reported at 1,052.000 Unit in Jun 2017. This records an increase from the previous number of 334.000 Unit for Mar 2017. Malaysia Projects Awarded: Local Contractors: Private: Year to Date: Building data is updated quarterly, averaging 1,183.500 Unit from Sep 2006 (Median) to Jun 2017, with 42 observations. The data reached an all-time high of 4,187.000 Unit in Dec 2014 and a record low of 159.000 Unit in Mar 2009. Malaysia Projects Awarded: Local Contractors: Private: Year to Date: Building data remains active status in CEIC and is reported by Construction Industry Development Board. The data is categorized under Global Database’s Malaysia – Table MY.EA009: Projects Awarded by Contractors: Number of Projects.

Malaysia BTS: Current: Construction: Construction Activity data was reported at -37.800 % in Mar 2018. This records a decrease from the previous number of 36.800 % for Dec 2017. Malaysia BTS: Current: Construction: Construction Activity data is updated quarterly, averaging -10.500 % from Mar 2005 (Median) to Mar 2018, with 53 observations. The data reached an all-time high of 36.800 % in Dec 2017 and a record low of -42.300 % in Jun 2005. Malaysia BTS: Current: Construction: Construction Activity data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Malaysia – Table MY.S007: Business Tendency Survey: Actual: By Industry.