Singapore ranks 14th in average fit out cost in the region.
The average office fit out costs across Asia Pacific continue to rise in 2024, albeit at a much slower rate as compared to a year ago, according to Cushman & Wakefield’s APAC Office Fit Out Cost Guide 2024. While inflation has started to ease in some markets, concerns about the interest rate environment, supply chain issues and geo-political tensions remain prevalent although there is hope for an economic rebound in the second half of 2024.
Figure 1: Fit Out cost (USD Per SQFT) across Southeast Asia
Singapore…