Singapore has ranked as the most expensive city for office fit-out in Asia Pacific, according to Knight Frank’s Asia Pacific Fit-Out Cost Guide 2026. At an average of US$2,029 per square metre, Singapore’s fit-out costs edge ahead of Tokyo (US$1,994 per square metre) and Taipei (US$1,593 per square metre). Phnom Penh, at US$375 per square metre, sits at the other end of the range, a spread that illustrates how varied workplace investment conditions are across the region (see table, below).
The guide covers 23 cities across Australasia, East Asia, Southeast Asia and India, benchmarking fit-out costs at three specification levels: basic, mid/standard and high/premium. Produced in partnership with specialist cost consultants including Platform Consulting Group, Currie Brown, and Cova, it draws on market data gathered during the fourth quarter of 2025.
Across most markets, fit-out costs are expected to rise by 2 percent to 5 percent during the next 12 months.