Property News · November 5, 2019

Hong Kong is cheaper than Tokyo and Sydney in office fit-out costs, study shows


The cost to fit out a new office in Hong Kong is cheaper than six major Japanese or Australian cities, a new study shows. That is a small consolation for prospective tenants in a city with the highest rentals in the past four years. At US$130 per square foot, Hong Kong ranks seventh among 28 gateway cities in Asia-Pacific region, according to the inaugural fit-out guide published by Chicago-based property consultancy Cushman & Wakefield. This works out to be 35.6 per cent lower than US$202 in…

Source : South China Morning Post
Read more…Hong Kong is cheaper than Tokyo and Sydney in office fit-out costs, study shows