This Building Cost Calculator (“Calculator”) provides an estimate of the rebuilding cost of your property for evaluation purposes only, and does not guarantee the actual amount that we may agree to insure your property for. The Calculator is intended to assist in estimating the sum that your property is to be insured for and shall not at any time be a substitute for professional advice and judgment, particularly where a property has any unusual features or is outside the range of properties described below.

If your property has any unique or special design features, kindly refer the property to a professional valuer for a more accurate assessment of your property.

If any of the boxes are not completed, the Calculator will not be able to provide you with an estimate, in which case, please check and ensure that all necessary details have been entered correctly.

If you are not sure how to enter the details or need assistance in relation to some other feature of this tool, just click on

DescriptionRate updated on 03/07/2023

Construction

Square Feet

OR

Square Meter
Square Feet

OR

Square Meter

Proportion or ratio on type of car park with combination of Podium & Basement

Furniture

Features

If Yes, what is the type of air conditioning system provided?

Renovation

RM

RM

RM

Your Estimation

This estimation is for the likely cost of rebuilding the chosen type of property, and it includes:

Construction Cost

RM 0

Demolition and Removal Cost

RM 0

Professional Consultancy Cost

RM 0

Total Rebuilding Cost

RM 0

This amount also includes an estimation of built-in furniture.

* Click reset for new estimation

Disclaimer:
By using the Calculator, the user acknowledges that the user has read, understood and agrees to the terms of this Disclaimer.

The Calculator and all information contained herein is provided by Persatuan Insurans Am Malaysia (PIAM) at no charge, on an “as-is” and with all faults basis. To the fullest extent permitted by law, we hereby disclaim all representations and warranties of any kind, whether express or implied, with respect to the use of the Calculator or any information contained herein.

Users are advised that the Calculator is formulated to provide an estimated rebuilding cost only and may not be accurate due to insufficient / inaccurate details or information being provided, and / or certain assumptions made in respect of the parameters used by the Calculator. The results generated from the Calculator shall only serve as an estimate, guide or indication of the amount that properties of users may be insured for, and PIAM as well as each of its member companies, shall not be held responsible for the accuracy of, reliance upon, or use of the Calculator and / or the results provided by the Calculator.

Users are to take note that to the extent that the output of the Calculator is considered as financial advice, it is of general nature only and does not take into consideration any of the users’ objectives, financial situation and needs. As such, users are advised to seek independent professional advice where necessary.

For the avoidance of doubt, PIAM shall not be liable for any loss or damage, whether direct, indirect consequential, incidental or otherwise, arising out of or in connection with the use of the Calculator, the results of the Calculator or any information contained herein.

This Disclaimer is prepared in both English and Bahasa Malaysia. In the event of any discrepancy between the English version and the Bahasa Malaysia version, the English version shall prevail.

In collaboration with:
Industry Association
Persatuan Insurans Am Malaysia
Malaysian Takaful Association

 
Professional Quantity Surveyor
Jurukur Bahan Pendita Sdn Bhd

 
Application Writer
ISM Insurance Services Malaysia Berhad

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