How many Class A submarkets are in Guangzhou?

5, ranging from trophy (Zhujiang New Town) down to established and emerging clusters.

Guangzhou has 5 distinct Class A submarkets we track, anchored by Zhujiang New Town at the trophy tier.

5 submarkets covered.
Trophy tier: Zhujiang New Town, Pazhou.
Prime tier: Tianhe North, Nansha New Area.
Established/emerging tier: Yuexiu (Historic CBD).

Guangzhou Class A submarkets

Guangzhou has 5 distinct Class A submarkets we track, anchored by Zhujiang New Town at the trophy tier.

TL;DR

5 submarkets covered.
Trophy tier: Zhujiang New Town, Pazhou.
Prime tier: Tianhe North, Nansha New Area.
Established/emerging tier: Yuexiu (Historic CBD).

By tier

**Zhujiang New Town** (trophy, ~¥290/sqm/mo · ≈ $44.9 PSF/yr USD) — Guangzhou's trophy financial core. **Pazhou** (trophy, ~¥240/sqm/mo · ≈ $37.2 PSF/yr USD) — Tech and exhibition trophy frontier. **Tianhe North** (prime, ~¥200/sqm/mo · ≈ $31 PSF/yr USD) — Established CBD with mid-rise Class A. **Nansha New Area** (prime, ~¥140/sqm/mo · ≈ $21.7 PSF/yr USD) — Greater Bay Area gateway. **Yuexiu (Historic CBD)** (established, ~¥150/sqm/mo · ≈ $23.2 PSF/yr USD) — Heritage commercial core.

Key facts

city	Guangzhou
country	China
region	APAC
classARentLocal	240 CNY/sqft/yr
classARentUsd	$33/sqft/yr
vacancy	19.6%
typicalLeaseYears	5
typicalRentFreeMonths	8
submarkets	5
primeYieldPct	5.5%
trophyCount	2
primeCount	2

Frequently asked questions

How many Class A submarkets are in Guangzhou?: 5, ranging from trophy (Zhujiang New Town) down to established and emerging clusters.

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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