Office Space Fittings: Cost analysis of setting up your office in Singapore
Over the last decade, HMG has been actively helping businesses renovate their office space. Since many of our clients demand to have an estimate for their office renovation quickly, we created a quick workaround. The following guideline for estimating an office renovation is a rough estimate of the minimum requirement to fit out an office space in Singapore.
Based on our experience, the cost of renovating an average office space in Singapore is as follows:
Budget for a low-end renovation per square feet$60sgd
Budget for a mid-range renovation per square feet $85sgd
Budget for a high-end renovation per square feet $120sgd
The following is a rough breakdown of the office fit-out
The groundwork: 5%
Siding and finishes: 20%
Carpentry works: 10%
Office Furnishings: 15%
Electrical, plumbing, and air-conditioning: 30%
Security Surveillance and Data Cabling:10%
Fire Prevention Compliance: 5%
Other Miscellaneous Expenses: 5%
Total: 100%
0 comments