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Office Fit Out Cost Guide

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KEY HIGHLIGHTS

Singapore’s business-friendly environment remains a beacon for corporates expanding in the region. This guide provides a comprehensive analysis of office fit out costs in Singapore and the accompanying trends in office design and employee experience.

  • Redefining hybrid workplaces: Offices are integrating open collaboration areas, soundproof pods, and wellness-focused quiet spaces to meet diverse needs.

  • Prioritising health & wellness: Office design is evolving with advanced air quality systems, ergonomic layouts, and biophilic elements to enhance well-being of employees in the workplace.

  • Accelerating project timelines with prefabrication and modular construction: Prefabrication and modular construction are gaining traction, enabling faster project completion without compromising safety and quality.

  • Sustainability remains as a key focus: Companies are prioritising green building certifications, renewable materials, and energy-efficient designs to align with global climate goals.

Most Expensive Market for an Office Fit Out

Markets Cost
01/  Jakarta  10,127,796 IDR/sqm
02/  Kuala Lumpur  358 MYR/sqft
03/  Manila  60,030 PHP/sqm
04/  Singapore  191 SGD/sqft
05/  Bangkok  31,414 THB/sqm
06/  Hanoi  17,234,163 VND/sqm
07/  Ho Chi Minh City  16,687,047 VND/sqm

CONTRACTOR SENTIMENT SURVEY

Our Contractor Sentiment Survey gathered insights from contractors on sales activity and input costs over the past year, as well as their outlook for the next six months.

66%
indicated that staff workloads had increased in 2024 compared to 2023
Americas: 64% | EMEA: 45% | Global: 62%
55%
expect their pricing to increase over the next 6 months
Americas: 45% | EMEA: 55% | Global: 53%
69%
expect overall labour costs to increase over the next 6 months
Americas: 67% | EMEA: 67% | Global: 68%
69%
expect materials costs to increase over the next 6 months
Americas: 79% | EMEA: 62% | Global: 70%
50%
indicated that clients spent more on ESG in 2024 compared to 2023
Americas: 36% | EMEA: 46% | Global: 46%

OUR SERVICES

At Cushman & Wakefield, we offer a range of services to help you plan and execute your office fit out project. Our team of experts can provide guidance on Project & Development Services, Global Occupier Services and Total Workplace Consulting. We have a strong reputation in the Asia Pacific region and are committed to helping our clients achieve their goals.

Project & Development Services
Our Project & Development advisors bring a long-term perspective that minimizes risk and drives value throughout design and construction
Learn more
Global Occupier Services
Helping our clients make intelligent business decisions to get maximum value from the spaces they occupy.
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Total Workplace

Total Workplace brings industry leading thought leadership, strategy and guidance to help clients implement innovative and consistent solutions through the use of tools, technologies and best practices.

Learn more

CONTACT

To find out more about our office fit out services and how we can help you transform your workplace, please fill out the contact form below and we will get back to you as soon as possible. 

Grant Carter bio
Grant Carter

Senior Director, Head of Project & Development Services •

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In this guide we provide you with a comprehensive office fit out cost breakdown.

Access the Guide

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To learn more about our services or to request a consultation, please get in touch with us today.

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