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Singapore Tops Asia-Pacific in Office Fit-Out Costs

3/4/2026

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Story summary
  • Knight Frank identifies Singapore as the most expensive Asia-Pacific city for office fit-outs, with an average cost of US$2,029 per square metre.
  • Tokyo and Taipei have average fit-out costs of US$1,994 and US$1,593 per square metre, respectively.
  • Premium office setups in Singapore cost US$3,117 per square metre.
  • Vacancy rates in Singapore have fallen.
  • Office rents in Singapore rose by 1.8% in 2025.