DOSM: Malaysia’s construction work done value up 20.2% in 2024 at RM158.8b

• Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the quarterly value continued to rise in the fourth quarter of 2024 (4Q2024), surging 23.1% year-on-year (y-o-y), after recording a 22.9% growth in 3Q2024, amounting to RM42 billion in construction work done value.

KUALA LUMPUR (Feb 10): The value of construction work done in Malaysia in 2024 grew by 20.2% to RM158.8 billion, according to the Department of Statistics Malaysia (DOSM).

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the quarterly value continued to rise in the fourth quarter of 2024 (4Q2024), surging 23.1% year-on-year (y-o-y), after recording a 22.9% growth in 3Q2024, amounting to RM42 billion in construction work done value.

“The vibrant performance was primarily driven by the buoyant (y-o-y) performance of the special trade activities and residential buildings sub-sectors, which recorded substantial double-digit increases of 44.9% and 38.9%, respectively,” he said in a statement on Monday.

The non-residential building sub-sector also contributed to the growth, recording a 24.6% y-o-y increase.

Meanwhile, the civil engineering sub-sector continued to grow, albeit at a slower rate of 9.3%.

Mohd Uzir stated that of the RM42 billion worth of work done in 4Q2024, RM15.6 billion or 37.2% involved the civil engineering sub-sector, primarily in the construction of roads and railways (RM6.9 billion) and utility projects (RM6.8 billion).

The value of work done for non-residential buildings was RM11.8 billion (28%), and for residential buildings, RM9.9 billion (23.5%).

“The special trade activities contributed RM4.7 billion (11.3%), largely in sites preparation (RM1.2 billion); electrical installation (RM1.1 billion); and plumbing, heat and air-conditioning installation (RM1 billion) activities,” he said.

The private sector remained the primary driver of growth in 4Q2024, contributing RM27 billion or 64.2% of the total value of work done.

According to Mohd Uzir, the private sector recorded a notable expansion of 32.9% y-o-y in the quarter, from 33.3% in 3Q2024, supported by the strong performance of the special trade activities and residential buildings sub-sectors.

“In contrast, the public sector, which accounted for a 35.8% share, valued at RM15.1 billion, recorded a more moderate growth of 8.8% in 4Q, from 8.1% in 3Q2024, fuelled by the residential buildings (46.8%) and special trade activities (22.4%) sub-sectors, totalling RM600 million and RM1.4 billion, respectively,” he said.

Elaborating on the construction sector’s performance by state in 4Q2024, Mohd Uzir said nearly 62.3% of the value of work done was concentrated in Selangor, Johor, the Federal Territories (Kuala Lumpur, Putrajaya and Labuan), and Sarawak.

He said Selangor recorded the highest construction work done value at RM9.4 billion or 22.5%, followed by Johor (RM7.4 billion or 17.7%), Federal Territories (RM4.7 billion or 11.3%), and Sarawak (RM4.6 billion or 10.9%).

“Overall, Malaysia’s construction sector in 2024 demonstrated a solid performance, underpinned by broad-based growth across all sub-sectors,” he added.

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