What are Total Occupancy Costs per Workstation?
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Total occupancy costs per workstation are based on total occupancy costs and space utilization standard per workstation. Accommodation costs on a per workstation basis provides a better indication of costs to
occupiers as it reflects the way organizations occupy and use the space, as well as the costof space on a unit-area basis.
| Rank 2007 | Rank 2006 | Countries/ Territories | Locations | Total Occupancy Cost per workstation pa | YOY Change | Total Occupancy Cost per workstation pa | YOY Change | ||
| (USD) | (%) | (EUR) | (%) | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 2007 | 2006 | 2007 | 2006 | ||||||
| 1 | 1 | UK | London (West End) | 23,260 | 17,940 | 29.7% | 17,470 | 14,930 | 17.0% |
| 2 | 2 | Hong Kong SAR | Hong Kong | 19,730 | 15,440 | 27.8% | 14,820 | 12,860 | 15.2% |
| 3 | 3 | France | Paris | 17,770 | 15,210 | 16.8% | 13,350 | 12,670 | 5.4% |
| 4 | 4 | UK | London (City) | 17,690 | 14,030 | 26.1% | 13,290 | 11,680 | 13.8% |
| 5 | 7 | USA | New York City (Midtown) | 16,400 | 12,620 | 30.0% | 12,320 | 10,500 | 17.3% |
| 6 | 9 | Ireland | Dublin | 15,810 | 12,140 | 30.2% | 11,880 | 10,110 | 17.5% |
| 7 | 5 | USA | Washington D.C. | 14,580 | 13,450 | 8.4% | 10,940 | 11,200 | -2.3% |
| 8 | 10 | Japan | Tokyo (Central 5 Wards) | 13,470 | 11,870 | 13.5% | 10,130 | 9,900 | 2.3% |
| 9 | 6 | Germany | Frankfurt | 13,410 | 13,170 | 1.8% | 10,080 | 10,960 | -8.0% |
| 10 | 8 | Switzerland | Geneva | 13,070 | 12,190 | 7.2% | 9,820 | 10,150 | -3.3% |
| 11 | 13 | Germany | Munich | 12,680 | 11,140 | 13.8% | 9,520 | 9,270 | 2.7% |
| 12 | 17 | South Korea | Seoul | 12,470 | 9,870 | 26.3% | 9,380 | 8,240 | 13.8% |
| 13 | 12 | Luxembourg | Luxembourg | 12,460 | 11,260 | 10.7% | 9,360 | 9,360 | 0.0% |
| 14 | 11 | Switzerland | Zurich | 12,400 | 11,570 | 7.2% | 9,320 | 9,630 | -3.2% |
| 15 | 30 | Qatar | Doha | 12,370 | 8,250 | 49.9% | 9,280 | 6,870 | 35.1% |
| 16 | 41 | USA | New York City (Downtown) | 12,310 | 7,560 | 62.8% | 9,250 | 6,290 | 47.1% |
| 17 | 18 | USA | Newport Beach* | 11,820 | 9,860 | 19.9% | 8,870 | 8,210 | 8.0% |
| 18 | 27 | India | Mumbai | 11,400 | 8,490 | 34.3% | 8,560 | 7,060 | 21.2% |
| 19 | 47 | Canada | Calgary | 11,300 | 7,180 | 57.4% | 8,490 | 5,970 | 42.2% |
| 20 | 15 | USA | Palo Alto* | 11,250 | 10,030 | 12.2% | 8,450 | 8,320 | 1.6% |
| 21 | 16 | USA | Boston | 10,900 | 9,930 | 9.8% | 8,190 | 8,250 | -0.7% |
| 22 | 22 | Norway | Oslo | 10,680 | 8,880 | 20.3% | 8,020 | 7,390 | 8.5% |
| 23 | 14 | Canada | Toronto | 10,340 | 11,020 | -6.2% | 7,770 | 9,170 | -15.3% |
| 24 | 25 | Sweden | Stockholm | 10,250 | 8,660 | 18.4% | 7,690 | 7,210 | 6.7% |
| 25 | 26 | Germany | Dusseldorf | 10,180 | 8,600 | 18.4% | 7,630 | 7,160 | 6.6% |
| 26 | 20 | UK | Edinburgh | 10,000 | 9,000 | 11.1% | 7,500 | 7,490 | 0.1% |
| 27 | 21 | UK | Manchester | 9,990 | 8,900 | 12.2% | 7,510 | 7,400 | 1.5% |
| 28 | 19 | Finland | Helsinki* | 9,980 | 9,010 | 10.8% | 7,500 | 7,500 | 0.0% |
| 29 | 31 | USA | San Diego | 9,900 | 8,230 | 20.3% | 7,430 | 6,840 | 8.6% |
| 30 | 32 | Italy | Milan | 9,640 | 8,150 | 18.3% | 7,240 | 6,790 | 6.6% |
| 31 | 28 | USA | East Bay (Oakland)* | 9,400 | 8,360 | 12.4% | 7,060 | 6,950 | 1.6% |
| 32 | 29 | UK | Birmingham | 9,250 | 8,320 | 11.2% | 6,940 | 6,920 | 0.3% |
| 33 | 34 | Germany | Hamburg | 9,140 | 7,970 | 14.7% | 6,860 | 6,620 | 3.6% |
| 34 | 23 | Netherlands | Amsterdam | 9,090 | 8,840 | 2.8% | 6,830 | 7,350 | -7.1% |
| 35 | 39 | UK | Bristol* | 9,020 | 7,710 | 17.0% | 6,770 | 6,420 | 5.5% |
| 36 | 24 | USA | Las Vegas* | 9,000 | 8,680 | 3.7% | 6,760 | 7,220 | -6.4% |
| 37 | 36 | Germany | Berlin | 8,830 | 7,920 | 11.5% | 6,640 | 6,600 | 0.6% |
| 38 | 37 | Japan | Tokyo (Outer Wards) | 8,780 | 7,870 | 11.6% | 6,600 | 6,570 | 0.5% |
| 39 | 45 | USA | Boca Raton* | 8,750 | 7,200 | 21.5% | 6,570 | 5,990 | 9.7% |
| 40 | 59 | Australia | Brisbane | 8,730 | 6,170 | 41.5% | 6,550 | 5,130 | 27.7% |
| 41 | 35 | Australia | Sydney | 8,620 | 7,930 | 8.7% | 6,480 | 6,610 | -2.0% |
| 42 | 51 | UK | Glasgow | 8,570 | 7,020 | 22.1% | 6,440 | 5,840 | 10.3% |
| 43 | 40 | USA | San Francisco | 8,550 | 7,640 | 11.9% | 6,420 | 6,350 | 1.1% |
| 44 | 53 | Spain | Madrid | 8,530 | 6,950 | 22.7% | 6,390 | 5,800 | 10.2% |
| 45 | 38 | USA | Miami* | 8,500 | 7,750 | 9.7% | 6,380 | 6,450 | -1.1% |
| 46 | 49 | USA | Atlanta | 8,450 | 7,130 | 18.5% | 6,350 | 5,930 | 7.1% |
| 47 | 49 | Italy | Rome | 8,350 | 7,130 | 17.1% | 6,260 | 5,950 | 5.2% |
| 48 | 44 | Russia | Moscow | 8,300 | 7,450 | 11.4% | 6,230 | 6,200 | 0.5% |
| 49 | 43 | Belgium | Brussels | 8,250 | 7,460 | 10.6% | 6,210 | 6,210 | 0.0% |
| 50 | 33 | Kuwait | Kuwait City | 8,220 | 8,140 | 1.0% | 6,170 | 6,780 | -9.0% |
| 51 | 56 | India | New Delhi | 8,150 | 6,650 | 22.6% | 6,120 | 5,540 | 10.5% |
| 52 | 57 | USA | Los Angeles | 7,980 | 6,510 | 22.6% | 5,990 | 5,410 | 10.7% |
| 53 | 52 | USA | Philadelphia | 7,960 | 6,980 | 14.0% | 5,990 | 5,820 | 2.9% |
| 54 | 48 | Greece | Athens | 7,910 | 7,140 | 10.8% | 5,940 | 5,940 | 0.0% |
| 55 | 96 | Singapore | Singapore | 7,860 | 4,770 | 64.8% | 5,900 | 3,970 | 48.6% |
| 56 | 42 | USA | Chicago | 7,790 | 7,480 | 4.1% | 5,850 | 6,200 | -5.6% |
| 57 | 45 | USA | McLean, Va (Tysons Corner)* | 7,650 | 7,200 | 6.3% | 5,750 | 5,990 | -4.0% |
| 58 | 61 | Chinese Mainland | Shanghai (Pudong) | 7,630 | 6,080 | 25.5% | 5,730 | 5,060 | 13.2% |
| 59 | 62 | Spain | Barcelona | 7,610 | 6,040 | 26.0% | 5,710 | 5,030 | 13.5% |
| 60 | 66 | USA | Orange County | 7,430 | 5,830 | 27.4% | 5,580 | 4,860 | 14.8% |
| 61 | 68 | USA | Tallahassee* | 7,380 | 5,810 | 27.0% | 5,540 | 4,840 | 14.5% |
| 62 | 69 | Ukraine | Kyiv | 7,350 | 5,760 | 27.6% | 5,520 | 4,790 | 15.2% |
| 63 | 54 | Canada | Ottawa | 7,160 | 6,840 | 4.7% | 5,380 | 5,700 | -5.6% |
| 64 | 60 | Austria | Vienna | 7,070 | 6,120 | 15.5% | 5,310 | 5,100 | 4.1% |
| 65 | 70 | United Arab Emirates | Dubai | 7,030 | 5,750 | 22.3% | 5,280 | 4,790 | 10.2% |
| 66 | 67 | Denmark | Copenhagen | 6,800 | 5,810 | 17.0% | 5,110 | 4,850 | 5.4% |
| 67 | 63 | USA | Silicon Valley (San Jose)* | 6,750 | 6,030 | 11.9% | 5,070 | 5,010 | 1.2% |
| 68 | 58 | Chinese Mainland | Shanghai (Puxi) | 6,610 | 6,300 | 4.9% | 4,960 | 5,240 | -5.3% |
| 69 | 55 | USA | Northern New Jersey | 6,380 | 6,700 | -4.8% | 4,790 | 5,580 | -14.2% |
| 70 | 65 | USA | Memphis* | 6,250 | 5,880 | 6.3% | 4,690 | 4,890 | -4.1% |
| 71 | 75 | Australia | Perth | 6,170 | 5,440 | 13.4% | 4,630 | 4,530 | 2.2% |
| 72 | 78 | France | Lyon | 6,110 | 5,310 | 15.1% | 4,590 | 4,420 | 3.8% |
| 73 | 83 | New Zealand | Auckland | 6,090 | 5,160 | 18.0% | 4,580 | 4,300 | 6.5% |
| 73 | 99 | Taiwan | Taipei | 6,090 | 4,600 | 32.4% | 4,580 | 3,840 | 19.3% |
| 75 | 87 | Canada | Montreal | 6,010 | 5,010 | 20.0% | 4,520 | 4,170 | 8.4% |
| 76 | 81 | Portugal | Lisbon | 5,990 | 5,180 | 15.6% | 4,500 | 4,320 | 4.2% |
| 77 | 88 | USA | Houston | 5,960 | 4,910 | 21.4% | 4,480 | 4,070 | 10.1% |
| 77 | 72 | USA | Minneapolis | 5,960 | 5,630 | 5.9% | 4,480 | 4,680 | -4.3% |
| 79 | 72 | USA | Bethesda* | 5,850 | 5,630 | 3.9% | 4,390 | 4,680 | -6.2% |
| 80 | 71 | Chinese Mainland | Beijing | 5,830 | 5,740 | 1.6% | 4,380 | 4,780 | -8.4% |
| 81 | 76 | Brazil | Sao Paulo | 5,760 | 5,390 | 6.9% | 4,790 | 4,490 | 6.7% |
| 82 | 74 | Netherlands | The Hague | 5,710 | 5,560 | 2.7% | 4,290 | 4,620 | -7.1% |
| 83 | 93 | Australia | Canberra | 5,680 | 4,820 | 17.8% | 4,270 | 4,020 | 6.2% |
| 84 | 94 | France | Marseille | 5,670 | 4,790 | 18.4% | 4,250 | 4,000 | 6.3% |
| 85 | 94 | USA | Portland* | 5,650 | 4,790 | 18.0% | 4,250 | 3,990 | 6.5% |
| 85 | 84 | USA | Seattle | 5,650 | 5,130 | 10.1% | 4,240 | 4,280 | -0.9% |
| 87 | 108 | USA | Denver | 5,560 | 4,060 | 36.9% | 4,180 | 3,380 | 23.7% |
| 88 | 89 | USA | Austin | 5,550 | 4,900 | 13.3% | 4,160 | 4,080 | 2.0% |
| 88 | 98 | USA | Baltimore | 5,550 | 4,730 | 17.3% | 4,170 | 3,940 | 5.8% |
| 90 | 64 | USA | Columbus | 5,470 | 6,000 | -8.8% | 4,110 | 4,990 | -17.6% |
| 91 | 107 | USA | Tampa | 5,450 | 4,130 | 32.0% | 4,090 | 3,440 | 18.9% |
| 92 | 92 | USA | Phoenix | 5,400 | 4,840 | 11.6% | 4,060 | 4,010 | 1.2% |
| 93 | 81 | Netherlands | Rotterdam | 5,330 | 5,180 | 2.9% | 4,000 | 4,310 | -7.2% |
| 94 | 85 | USA | Dallas/Fort Worth | 5,320 | 5,020 | 6.0% | 3,990 | 4,160 | -4.1% |
| 95 | 97 | Australia | Melbourne | 5,220 | 4,760 | 9.7% | 3,910 | 3,960 | -1.3% |
| 96 | 80 | Saudi Arabia | Riyadh | 5,200 | 5,200 | 0.0% | 3,900 | 4,330 | -9.9% |
| 97 | 91 | USA | Charlotte | 5,110 | 4,870 | 4.9% | 3,830 | 4,040 | -5.2% |
| 98 | 85 | Brazil | Rio de Janeiro | 5,020 | 5,020 | 0.0% | 4,180 | 4,180 | 0.0% |
| 99 | 79 | USA | Orlando | 4,960 | 5,270 | -5.9% | 3,720 | 4,390 | -15.3% |
| 100 | 100 | New Zealand | Wellington | 4,880 | 4,500 | 8.4% | 3,670 | 3,740 | -1.9% |
| 101 | 77 | USA | Detroit | 4,870 | 5,340 | -8.8% | 3,650 | 4,450 | -18.0% |
| 102 | 90 | USA | Raleigh/Durham | 4,850 | 4,880 | -0.6% | 3,640 | 4,060 | -10.3% |
| 103 | 104 | Australia | Adelaide | 4,630 | 4,200 | 10.2% | 3,470 | 3,510 | -1.1% |
| 103 | 100 | USA | San Antonio* | 4,630 | 4,500 | 2.9% | 3,470 | 3,750 | -7.5% |
| 105 | 106 | USA | Cleveland | 4,500 | 4,160 | 8.2% | 3,370 | 3,470 | -2.9% |
| 105 | 103 | Turkey | Istanbul | 4,500 | 4,230 | 6.4% | 3,380 | 3,520 | -4.0% |
| 107 | 102 | Mexico | Mexico City | 4,490 | 4,490 | 0.0% | 3,380 | 3,740 | -9.6% |
| 108 | 109 | Czech Republic | Prague | 4,400 | 3,980 | 10.6% | 3,310 | 3,310 | 0.0% |
| 109 | 111 | Vietnam | Ho Chi Minh City | 4,320 | 3,840 | 12.5% | 3,240 | 3,200 | 1.3% |
| 110 | 123 | Poland | Warsaw | 4,310 | 2,880 | 49.7% | 3,240 | 2,400 | 35.0% |
| 111 | 113 | Hungary | Budapest | 4,220 | 3,720 | 13.4% | 3,170 | 3,100 | 2.3% |
| 112 | 112 | Belgium | Antwerp* | 4,200 | 3,780 | 11.1% | 3,150 | 3,150 | 0.0% |
| 113 | 105 | Bahrain | Bahrain | 4,180 | 4,180 | 0.0% | 3,140 | 3,480 | -9.8% |
| 114 | 110 | USA | Cincinnati | 4,090 | 3,880 | 5.4% | 3,070 | 3,230 | -5.0% |
| 115 | 113 | Vietnam | Hanoi | 4,080 | 3,720 | 9.7% | 3,060 | 3,100 | -1.3% |
| 116 | 116 | Chinese Mainland | Guangzhou | 3,830 | 3,440 | 11.3% | 2,880 | 2,870 | 0.3% |
| 117 | 119 | India | Bangalore | 3,680 | 3,290 | 11.9% | 2,750 | 2,730 | 0.7% |
| 118 | 115 | New Zealand | Christchurch | 3,570 | 3,510 | 1.7% | 2,680 | 2,930 | -8.5% |
| 119 | 121 | Romania | Bucharest | 3,520 | 3,020 | 16.6% | 2,640 | 2,520 | 4.8% |
| 120 | 120 | Chinese Mainland | Shenzhen | 3,360 | 3,050 | 10.2% | 2,530 | 2,540 | -0.4% |
| 121 | 117 | Mexico | Cancun | 3,320 | 3,320 | 0.0% | 2,490 | 2,760 | -9.8% |
| 122 | 118 | Saudi Arabia | Jeddah | 3,310 | 3,310 | 0.0% | 2,480 | 2,750 | -9.8% |
| 123 | 127 | India | Chennai | 3,160 | 2,310 | 36.8% | 2,370 | 1,930 | 22.8% |
| 124 | 122 | South Africa | Johannesburg | 2,940 | 2,990 | -1.7% | 2,200 | 2,480 | -11.3% |
| 125 | 126 | Malaysia | Kuala Lumpur | 2,790 | 2,390 | 16.7% | 2,100 | 1,980 | 6.1% |
| 126 | 124 | Mexico | Monterrey | 2,700 | 2,700 | 0.0% | 2,030 | 2,250 | -9.8% |
| 127 | 128 | Chinese Mainland | Tianjin | 2,540 | 2,290 | 10.9% | 1,910 | 1,910 | 0.0% |
| 128 | 125 | Mexico | Guadalajara | 2,440 | 2,440 | 0.0% | 1,830 | 2,030 | -9.9% |
| 129 | 131 | Thailand | Bangkok | 2,400 | 1,680 | 42.9% | 1,810 | 1,400 | 29.3% |
| 130 | 129 | Chinese Mainland | Dalian | 2,290 | 2,140 | 7.0% | 1,710 | 1,780 | -3.9% |
| 131 | 130 | Indonesia | Jakarta | 2,030 | 2,080 | -2.4% | 1,530 | 1,730 | -11.6% |
| 132 | 132 | Philippines | Manila (Makati) | 1,920 | 1,670 | 15.0% | 1,440 | 1,380 | 4.3% |
| 133 | 133 | Indonesia | Surabaya | 1,530 | 1,320 | 15.9% | 1,140 | 1,100 | 3.6% |
| 134 | 134 | Philippines | Manila (Ortigas) | 1,310 | 1,110 | 18.0% | 980 | 930 | 5.4% |
Source:
http://www.iproperty.com.my/propertymarket/DTZ_GOOC2007.pdf