KEY HIGHLIGHTS
South Korea’s rapid growth in corporate infrastructure is leading to a rise in sophisticated fit outs. The report showcases a detailed understanding of costs in Seoul and Busan, maintaining accuracy and feasibility for corporate occupiers.
- Increase of local clients needs to fit out their office with Collaborative Hybrid & Advanced Hybrid work circumstance. (up to 40% increase compared with last year)
- Construction cost and the management fee for new fit out and restoration keep going up due to local code for EHS and strict building construction guide
- Sustainability is one of key consideration for new fit out projects
Most Expensive City in South Korea for an Office Fit Out
| Cities | Cost |
|---|---|
| 01/ Busan | 2,276,186 KRW/sqm |
| 02/ Seoul | 2,483,112 KRW/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.
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
Global Occupier Services
Total Workplace
We support you throughout the entire workplace lifecycle, creating a workplace aligned to business objectives, enhancing organisational performance and engaging employees.