APAC Office Fit Out Cost Guide 2023

ASIA PACIFIC OFFICE FIT OUT COST GUIDE 2023

HOW DO WE CLASSIFY FIT OUTS?

BEST-IN-CLASS OFFICE FIT OUT REQUIREMENTS Occupiers continue to wrangle with complex issues across several fronts. Three years on, occupiers are still trying to fully comprehend the impacts of new flexible working practices on their space requirements as well as fit out design to boost collaboration and innovation while also providing space for individual focused work. Furthermore, additional sustainability as well as DE&I criteria are commonplace across new fit outs as corporates strive to meet their stated goals. Best-in-class fit outs now need to simultaneously consider four key factors: workplace strategy and change management, sustainability, procurement, and technology. In this way, occupiers are increasingly favouring a “design and build” approach to provide a holistic, turn-key solution to their fit out.

BASIC HYBRID

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X One-to-one assigned workstations supplemented with additional spaces for group work X Some flexibility to address post-pandemic work styles X Support functions limited to basic pantry area, generic meeting rooms and limited drop-in collaborative spaces

COLLABORATIVE HYBRID

X Mixture of one-to-one assigned workstations with zones of non-assigned work-points X Flexible working practices have been adopted post-pandemic X Support functions include an expanded break-out area, a variety of meeting rooms, and dispersed collaborative spaces X More than 50% of the space is allocated to dedicated workstations

ADVANCED HYBRID

X Post-pandemic destination office with more than 50% non-assigned workstations and work-points X Heavily tech-enabled spaces with frictionless audio-visual connectivity X Support functions include multi-functional break-out area, a variety of meeting rooms, dispersed collaborative spaces augmented with specialist lifestyle elements such as library, focus and relaxation zones X Client-facing areas have hospitality look and feel

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Cushman & Wakefield

Cushman & Wakefield Singapore Office