OFFICE DESIGN & RENOVATION
PSST! EXPERT OFFICE DESIGN TIPS
Most organisations have densities of 150 - 200 sq ft per person around the globe.
In Hong Kong, one of the most expensive cities in the world, workplace space has shrunk from 100 sq ft per desk to 50-60 sq ft per desk. This is nearly half that of Europe and the US, where density norms are around 150-200 sq ft per desk.
In terms of space utilisation of assigned seats, the average in Hong Kong and China is comparatively higher than other markets (73% on average), and the global average is 60%. This is due to some specific cultural working practices including, being seen in the office; persistently working longer hours; and also the absence of alternative workspace options.
Calculate your office size with our workspace calculator below.
Fit-out costs are typically quoted and assessed on the net square footage of the space and for Class A or Prime buildings normally range from HKD 600–1200 per square foot in Hong Kong, including construction, furniture, wiring, design fees, etc. For global average fit out costs, refer to our guide here.
The lease agreement generally requires tenants to restore the property to its original handover condition, before the expiration of the tenancy at their own cost.
By utilising our proprietary Tenant's Network, you will have access to thousands of prospective furnished, fitted or partially fitted offices, saving you both design & fit out costs. Indeed, upon lease expiry, the reinstatement liabilities will be at the tenant's cost. List your space early on SAVVI to source replacement tenants to benefit from the fittings.
To find fitted offices for rent, click here.
Quick response test fits to quickly assess options with your team.
Due diligence to ensure your interests are fully protected.
Open book procurement in conjunction with our best in class provider, driving best value through competition.
Access to specialists for all buildings owned by major Hong Kong landlords, resulting in total understanding of their requirements and procedures, saving both time and cost.
Careful planning and full market coverage are the tried and tested ways of sourcing the ideal fitted office space and taking it up in ‘as is’ condition from the landlord. The problem is that the most attractive real estate opportunities are often short-lived, difficult to source, analyze & execute. This is a recurring problem in the real estate industry, and often there is a lack of transparency and insufficient coverage of upcoming or off market opportunities.
To learn more, see our zero fit-out cost guide here.
Just a few years ago, most tenants leased a space for 3 to 6 years, without updating it for the whole term of the lease. Today’s work spaces need an ecosystem of spaces designed to adapt and evolve over time, with many tenants updating their space every year or two to foster higher levels of employee engagement.
When planning a new office fit out, the first step toward determining the cost is deciding on the style and density. Occupiers should consider the impact each style will have on employees and organisational work styles, in addition to focusing on cost.
To learn more, see our interior design tips here.