The square foot cost of an office fit out in different cities in the Asia-Pacific region varied in 2021. Fitting out an office space was most expensive in Tokyo, Japan, where it cost about 166 U.S. dollars per square foot. In other markets, such as Ho Chi Minh, Chennai, and Jakarta, the average fit out cost was significantly lower. A complete office fit out includes the transformation of an empty space into a suitable office environment, including the necessary structures, electrical furnishings, mechanical equipment, and furniture.
Average office real estate fit out cost in the Asia-Pacific (APAC) region in 2021, by city (in U.S. dollars per square foot)
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Cushman & Wakefield. (April 12, 2022). Average office real estate fit out cost in the Asia-Pacific (APAC) region in 2021, by city (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved May 28, 2024, from https://www.statista.com/statistics/1356565/office-fit-out-cost-apac-by-city/
Cushman & Wakefield. "Average office real estate fit out cost in the Asia-Pacific (APAC) region in 2021, by city (in U.S. dollars per square foot)." Chart. April 12, 2022. Statista. Accessed May 28, 2024. https://www.statista.com/statistics/1356565/office-fit-out-cost-apac-by-city/
Cushman & Wakefield. (2022). Average office real estate fit out cost in the Asia-Pacific (APAC) region in 2021, by city (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: May 28, 2024. https://www.statista.com/statistics/1356565/office-fit-out-cost-apac-by-city/
Cushman & Wakefield. "Average Office Real Estate Fit out Cost in The Asia-pacific (Apac) Region in 2021, by City (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 12 Apr 2022, https://www.statista.com/statistics/1356565/office-fit-out-cost-apac-by-city/
Cushman & Wakefield, Average office real estate fit out cost in the Asia-Pacific (APAC) region in 2021, by city (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/1356565/office-fit-out-cost-apac-by-city/ (last visited May 28, 2024)
Average office real estate fit out cost in the Asia-Pacific (APAC) region in 2021, by city (in U.S. dollars per square foot) [Graph], Cushman & Wakefield, April 12, 2022. [Online]. Available: https://www.statista.com/statistics/1356565/office-fit-out-cost-apac-by-city/