Page 77 - Building Journal - June 2015

BUILDING COSTS

Fit-Out Costs for Hong Kong

Building Type HK$/m 2 Building Type HK$/m 2

HOTelS depARTmenT STOReS
Public Areas (Front of House): General department store 7,200-11,500
3-star Hotel 9,400-13,800
4-star Hotel 14,500-20,000 Prestige department store 11,500 up
5-star Hotel 20,000 up Notes:
1. Includes electrical work,
Guest Rooms: additional FCU and minor
3-star Hotel 8,000-9,500 alteration of fire services to
4-star Hotel 9,300-13,000 suit layout.
5-star Hotel 12,500 up
2. Excludes facade
modification, data cabling,
Notes : operational items and
1. Includes furniture, floor, wall and equipment (e.g. computers,
ceiling finishes, drapery, sanitary P.O.S., office equipment)
fittings and light fittings. and opening expenses.
2. Excludes partitioning, M&E
works, building shell, chandeliers,
operational items and equipment
(e.g. cutlery, crockery, linen,
television, refrigerator, etc), ReSTAuRAnTS
opening expenses, stage
equipment and computer General dining restaurant 9,400-18,500
systems. Fine dining restaurant 20,000 up

Notes:
1. Includes furniture, floor, wall
and ceiling finishes, electrical
OFFiCeS work, minor alteration to air-
conditioning and fire services
General office 5,600-9,000 installation to suit layout,
Executive office 8,900-12,500 exhaust for kitchen.
Prestige office 12,500 up 2. Excludes exhaust flue,
operational items (e.g. cutlery,
Notes: crockery, linen, utensils, etc.).
1. Local Taiwanese/PRC furniture
allowed for general offices.
2. Includes furniture, partitioning,
electrical work, minor alteration to
air-conditioning, fire services and
suspended ceiling to suit layout.
3. Excludes telephones, data cabling,
office equipment
(e.g. computers, photocopiers,
fax machines, UPS, etc).

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* The above costs are at 4 Quarter 2013 levels. Source: Langdon & Seah
Building Journal 75