APAC Office Fit Out Cost Guide

ASIA PACIFIC OFFICE FIT OUT COST GUIDE 2024

AVERAGE COSTS AT A GLANCE IN USD/SQFT

AVERAGE COSTS AT A GLANCE IN LOCAL METRICS

REGION

CITY

FIT OUT

RETROFIT REINSTATEMENT

REGION

CITY

METRIC FIT OUT RETROFIT REINSTATEMENT

AUSTRALIA & NEW ZEALAND

AUSTRALIA & NEW ZEALAND

ADELAIDE

141

85

12

ADELAIDE

AUD/sqm 2,225

1,343

190

AUSTRALIA & NEW ZEALAND

AUSTRALIA & NEW ZEALAND

BRISBANE

146

88

13

BRISBANE

AUD/sqm 2,313

1,390

205

AUSTRALIA & NEW ZEALAND

AUSTRALIA & NEW ZEALAND

CANBERRA

172

91

14

CANBERRA

AUD/sqm 2,592

1,438

221

AUSTRALIA & NEW ZEALAND

AUSTRALIA & NEW ZEALAND

MELBOURNE

150

90

13

MELBOURNE

AUD/sqm 2,366

1,422

205

AUSTRALIA & NEW ZEALAND

AUSTRALIA & NEW ZEALAND

PERTH

141

85

12

PERTH

AUD/sqm 2,226

1,343

190

AUSTRALIA & NEW ZEALAND

AUSTRALIA & NEW ZEALAND

SYDNEY

153

92

15

SYDNEY

AUD/sqm 2,419

1,454

237

AUSTRALIA & NEW ZEALAND

AUSTRALIA & NEW ZEALAND

AUCKLAND

158

95

13

AUCKLAND

NZD/sqm 2,680

1,618

221

GREATER CHINA

GREATER CHINA

BEIJING

110

39

12

BEIJING

RMB/sqm 8,181

2,980

917

GREATER CHINA

GREATER CHINA

GUANGZHOU

103

40

10

GUANGZHOU

RMB/sqm 7,660

3,057

764

GREATER CHINA

GREATER CHINA

HONG KONG

147

65

38

HONG KONG

HKD/sqft

1,148

508

297

GREATER CHINA

GREATER CHINA

SHANGHAI

107

42

11

SHANGHAI

RMB/sqm 7,975

3,210

841

GREATER CHINA

GREATER CHINA

SHENZHEN

109

41

10

SHENZHEN

RMB/sqm 8,106

3,133

764

GREATER CHINA

GREATER CHINA

TAIPEI

125

90

17

TAIPEI

TWD/ping 126,300

98,224

18,970

INDIA

INDIA

AHMEDABAD

65

57

9

AHMEDABAD

INR/sqft

5,378

4,743

730

INDIA

INDIA

BENGALURU

67

58

9

BENGALURU

INR/sqft

5,544

4,827

730

INDIA

INDIA

CHENNAI

65

55

8

CHENNAI

INR/sqft

5,378

4,577

700

INDIA

INDIA

DELHI

69

59

10

DELHI

INR/sqft

5,709

4,910

832

INDIA

INDIA

HYDERABAD

65

57

9

HYDERABAD

INR/sqft

5,378

4,743

727

INDIA

INDIA

KOLKATA

64

55

8

KOLKATA

INR/sqft

5,295

4,577

687

INDIA

INDIA

MUMBAI

73

66

10

MUMBAI

INR/sqft

6,040

5,492

829

INDIA

INDIA

PUNE

65

57

9

PUNE

INR/sqft

5,378

4,743

730

NORTH ASIA

NORTH ASIA

NAGOYA

191

80

48

NAGOYA

JPY/tsubo 906,231

401,450

240,870

NORTH ASIA

NORTH ASIA

OSAKA

195

82

49

OSAKA

JPY/tsubo 925,209

411,486

245,888

NORTH ASIA

NORTH ASIA

TOKYO

199

84

50

TOKYO

JPY/tsubo 944,188

423,054

250,906

NORTH ASIA

NORTH ASIA

BUSAN

143

75

19

BUSAN

KRW/sqm 1,943,909 1,046,247

265,049

NORTH ASIA

NORTH ASIA

SEOUL

156

84

23

SEOUL

KRW/sqm 2,120,628 1,171,797

320,849

SOUTHEAST ASIA

SOUTHEAST ASIA

JAKARTA

72

32

8

JAKARTA

IDR/sqm 12,103,031

5,222,339

1,325,467

SOUTHEAST ASIA

SOUTHEAST ASIA

KUALA LUMPUR

80

53

10

KUALA LUMPUR

MYR/sqft

352

244

46

SOUTHEAST ASIA

SOUTHEAST ASIA

MANILA

96

63

20

MANILA

PHP/sqm 57,538

37,551

11,921

SOUTHEAST ASIA

SOUTHEAST ASIA

SINGAPORE

140

57

17

SINGAPORE

SGD/sqft

188

75

22

SOUTHEAST ASIA

SOUTHEAST ASIA

BANGKOK

85

60

11

BANGKOK

THB/sqm 31,684

22,230

4,075

SOUTHEAST ASIA

SOUTHEAST ASIA

HANOI

63

33

5

HANOI

VND/sqm 16,014,557 8,619,139

1,305,930

SOUTHEAST ASIA

SOUTHEAST ASIA

HO CHI MINH CITY

61

32

5

HO CHI MINH CITY

VND/sqm 15,506,159 8,357,953

1,305,930

22

23

Cushman & Wakefield