1、Are you budgeting enough for your fit-out CapEx risk?Learn more APAC Fit-Out Cost Guide 2022/2023ContentMessage from Martin Hinge3Key Insights4Fit-out costs Asia Pacific 2022/20236Cross-city fit-out cost comparison7Asia Pacific major market outlook8Future of Work considerations11Fitting out your off

2、ice:How much will it cost?14What lies ahead?21Methodology24Appendix25Get in touch262 APAC Fit-Out Cost Guide 2022/2023Global headwinds challenge post-pandemic recoveryThe legacy of COVID-19 continues to exert pressure on the fit-out and construction sectors in Asia Pacific.Common themes remain a sho

3、rtage of skilled resources,material price increases and supply chain disruption contributing to significant price inflation in many of our markets,as they complete their re-openings and roll back much of their pandemic response measures.Progress,however,has been slowed by global headwinds,such as on

4、going geopolitical tensions which have exacerbated energy and supply chain constraints which were already under pressure in the region and fuelling a second wave of price increases.Chinas continued pursuit of a COVID-19 elimination strategy adds further risk to a complex regional environment.We expe

5、ct these factors to continue to drive current levels of construction price inflation over the next 12 months,before starting to moderate towards the end of 2023.Our recent guide on whether you are budgeting enough for your CapEx risk provided further insight on this.Throughout the region,we continue

6、 to witness a rapid acceleration of change in how our clients envision their offices in the post-pandemic landscape.We have seen sustained investment in technology to support the accelerated adoption of dynamic and flexible working.This reflects a reimagination of the role of the office as our clien