Welcome to Quantity Surveying and Construction Procurement

Assalamualaikum and dear all,

This blog compliments teaching and learning for courses that I facilitate at the International Islamic University Malaysia (IIUM). The contents serve to further 'connect' students to the 'real world' (quantity surveying, construction procurement and others). In trying to provide current information to students, I will be quoting or reproducing works of others and for this I am grateful. I will indicate clearly the source(s). I hope I will not offend anyone; and many will frequent this blog and benefit from its contents.

Thank you and wassalam.

Prof. Sr. Dr. Khairuddin Abdul Rashid

Thursday, June 11, 2009

Cheaper construction material. Keywords: estimating, steel, materials

Salam and dear all, Media reports revealed that prices of key construction materials are getting cheaper. For example, The Star 11th June 2009 (http://biz.thestar.com.my/news/story.asp?file=/2009/6/11/business/4090489&sec=business) quoted the group managing director of a property development company based in Penang of saying that: steel is now about RM2,000 per tonne (about RM4,000 earlier this year) and the prices of other materials have dropped by about 30% compared with earlier this year. Wassalam.
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