Total occupancy cost for Grade A office space in Shanghai: $83.57 per sq ft per year. This figure covers rent, service charge, property tax (rates), fit-out amortised over the lease, facilities management, utilities and reinstatement costs.
Shanghai Office Cost Breakdown (USD/sqft/yr)
Rent: $35.75/sqft/yr
Service Charge: $1.5/sqft/yr
Property Tax / Business Rates: $0.0/sqft/yr
Fit-Out (amortised over lease): $33.67/sqft/yr
Facilities Management: $4.77/sqft/yr
Utilities: $4.0/sqft/yr
Reinstatement / Dilapidations: $3.47/sqft/yr
Total Occupancy Cost: $83.57/sqft/yr
Shanghai Serviced Office Costs
Serviced and flexible office space in Shanghai costs between $357.0 and $440.0 per person per month, with a mid-market rate of $415.0 per person per month.
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