Office costs still lower

Office costs still lower

JAKARTA (JP): Jakarta's office rents, costing US$23 a square
meter a month, are lower than those in cities in the region's
similar developing countries, like Manila, Bangkok and Kuala
Lumpur, a survey said.

The survey on office occupancy rates in 48 countries by Edmund
Tie & Company, CY Leung & Company, DTZ Debenham and CB Commercial
revealed that six Asian cities' occupancy rates were among the
top ten most expensive in the world.

Tokyo topped the list with $136 a square meter a month,
followed by Hong Kong ($105) and Singapore ($73). Beijing and
Shanghai were ranked sixth and seventh, and Taipei came ninth.
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