APAC Office Fit Out Cost Guide
ASIA PACIFIC OFFICE FIT OUT COST GUIDE 2024
GREATER CHINA
INDIA
ADI, SHANGHAI, CHINA
7-ELEVEN, BENGALURU, INDIA
RETROFIT COST (USD PER SQ FT)
RETROFIT COST (USD PER SQ FT)
FIT OUT COST (USD PER SQ FT)
FIT OUT COST (USD PER SQ FT)
BASIC HYBRID
COLLABORATIVE HYBRID
ADVANCED HYBRID
BASIC HYBRID
COLLABORATIVE HYBRID
ADVANCED HYBRID
CITY
AVERAGE
CITY
AVERAGE
AHMEDABAD BENGALURU
36 37 36 38 36 35 43 36
65 67 65 69 65 64 73 65
128 130 124 134 128 124 143 128
57 58 55 59 57 55 66 57
BEIJING
78
110
180
39
GUANGZHOU
65
103
152
40
CHENNAI
HONG KONG
96
147
237
65
DELHI
SHANGHAI
75
107
182
42
HYDERABAD
SHENZHEN
68
109
162
41
KOLKATA MUMBAI
TAIPEI
85
125
178
90
PUNE
REINSTATEMENT COST (USD PER SQ FT)
REINSTATEMENT COST (USD PER SQ FT)
CITY
LOW
AVERAGE
HIGH
CITY
LOW
AVERAGE
HIGH
BEIJING
6
12
16
GUANGZHOU
6
10
14
AHMEDABAD BENGALURU
6 6 5 6 6 5 7 6
9 9 8
13 13 12 13 13 12 15 13
HONG KONG
25
38
59
CHENNAI
SHANGHAI
6
11
15
DELHI
10
SHENZHEN
6
10
14
HYDERABAD
9 8
TAIPEI
10
17
23
KOLKATA MUMBAI
10
“ALL-IN” FIT OUT COSTS
PUNE
9
BEIJING
10%
15%
32%
30%
13%
“ALL-IN” FIT OUT COSTS
GUANGZHOU
7%
15%
33%
30%
15%
AHMEDABAD
14%
34%
21%
19%
12%
HONG KONG
10%
15%
32%
30%
13%
BENGALURU
17%
33%
21%
18%
11%
SHANGHAI
10%
15%
31%
30%
14%
CHENNAI
15%
33%
21%
20%
11%
SHENZHEN
7%
15%
33%
30%
15%
DELHI
16%
32%
21%
19%
12%
TAIPEI
10%
15%
35%
25%
15%
HYDERABAD
17%
32%
20%
19%
12%
0%
20%
40%
60%
80%
100%
KOLKATA
17%
32%
20%
19%
12%
FURNITURE
M&E WORKS
CONSTRUCTION WORKS
AV/IT
PROFESSIONAL FEES
MUMBAI
15%
36%
19%
18%
12%
PUNE
14%
34%
21%
19%
12%
0%
20%
40%
60%
80%
100%
David Shi david.dw.shi@cushwake.com GREATER CHINA – MAINLAND
Bryant Cheung bryant.cheung@cushwake.com GREATER CHINA – HONG KONG
FURNITURE
M&E WORKS
CONSTRUCTION WORKS
AV/IT
PROFESSIONAL FEES
Gile Wei gile.wei@cushwake.com GREATER CHINA – TAIWAN
Shashi Bushan shashi.bushan@cushwake.com INDIA (OCCUPIERS)
18
19
Cushman & Wakefield
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