Significant changes in the Malaysian Equipment Rental Market

Significant changes in the Malaysian Equipment Rental Market

In recent years, contractors have made significant changes to how they recognise a project’s profit margin. Traditionally, larger contractors purchased plant and machinery and took a long-term, multi-project depreciation on these costly items. Unless strict and realistic costs were associated with the ownership of this plant, the actual profit associated with retaining these assets could become cloudy.

The true costs associated with owning a plant can be enormous, more so when considering the actual utilization over the depreciated period. Idling plants often causes more maintenance issues than when it’s being used; electronics and motors decay very quickly in humid environments, and plant accessories often become misplaced. Maintaining storage yards with lifting and maintenance equipment, relevant expertise, and security costs quickly becomes a major overhead.

Scaffolding material is another area where we are seeing major changes; some of these are the result of CIDB safety regulations becoming more stringent and placing greater responsibility for compliance on the scaffolding owner. In addition, many project owners dictate the types of scaffolding that can and cannot be used, for example, on MRT and LRT projects where traditional A-frame scaffolding is banned.

Dscaff is a focused rental company, offering fully approved scaffolding systems for hire, from traditional tubular systems more commonly used in O&G and industrial applications to modular systems used for shoring and access applications for infrastructure and commercial projects. Over 14,000 tons of scaffolding are conveniently located in three warehouses and are ready for inspection and fast delivery. Let us take care of the maintenance, depreciation, and storage costs, while you recognise and keep the profits earned on your project