JLL: Hong Kong's office renovation costs rank fourth in the Asia-Pacific region in 2024.
According to the Zhitong Finance app, the latest "2025 Global Office Renovation Cost Guide" published by Cushman & Wakefield shows that the average design and construction cost of office buildings in Hong Kong in 2024 remained unchanged, at an average of $133 per square foot (approximately HKD 1040 per square foot), ranking 28th among major cities globally and 4th in the Asia-Pacific region, only behind Tokyo, Singapore, and Sydney.
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