Competitive Business Costs
Employee compensation is significantly lower in Malaysia with pay scales up to 75% lower than the U.S. The following provides an example of employee cost in Malaysia compared to U.S :
Salaries: Senior software engineer: 30.4 % of U.S
Source: PayScale, Sourcingline, March 2010
Salaries: IT project manager: 37.4 % of U.S
Source:PayScale, Sourcingline, March 2010
Salaries: Customer service manager: 34.0 % of U.S
Source:PayScale, Sourcingline, March 2010
In addition, the well-educated workforce is multilingual, and in demand as demonstrated by Malaysia recording the highest employment rate amongst the Asia Pacific countries in 2011.
Source: Oxford Economics
Prime office rent is amongst the lowest in the region, around RM7.1 per sq ft or USD28.32 sq ft per annum compared to the other capital cities of Asia Pacific countries.
| Country |
City |
Per Local Measurement |
Prime Office Rent Local |
US$ / Sq ft/ Annum |
| Singapore |
Singapore |
S$ sq. ft. p.m. |
8.6 |
81.89 |
| Taiwan |
Taipei |
NT$ ping p.m. |
3,875.7 |
44.56 |
| Mainland China |
Beijing - CBD |
RMB sq. m. p.m. |
322.3 |
54.87 |
| Mainland China |
Beijing - Zhongguangcun |
RMB sq. m. p.m. |
259.0 |
44.09 |
| Mainland China |
Beijing - Finance Street |
RMB sq. m. p.m. |
378.3 |
64.41 |
| India |
New Delhi - CBD |
INR sq. ft. p.m. |
333 |
89.65 |
| India |
New Delhi - Gurgaon |
INR sq. ft. p.m. |
100 |
26.89 |
| India |
New Delhi - Noida |
INR sq. ft. p.m. |
46.7 |
12.55 |
| Malaysia |
Kuala Lumpur |
RM sq. ft. p.m. |
7.1 |
28.32 |
| Hong Kong |
Hong Kong |
HK$ sq. ft. p.m. |
58.2 |
89.82 |
| Vietnam |
Ho Chi Minh City |
US$ sq. m. p.m. |
39.2 |
43.71 |
| South Korea |
Seoul - CBD |
KRW sq. m. p.m. |
51,390 |
52.03 |
Note: Rents refer to prime office rent on net floor area basis in core business districts if not otherwise stated.
Source:CB Richard Ellis
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