Organisations to pay more for workspace upgrade: report

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No Singapore has a US$101 fit-out cost per square feet. Organisations should expect to pay more to redesign or upgrade their workspaces in 2021, despite many trying to decrease capital expenditure due to the financial impact of the pandemic, according to the latest JLL report. The report noted that the average fit-out cost rose 4.7% YoY across the region, with labor shortages, health and safety considerations, material availability, and higher delivery costs as the main price drivers. read more