Wulin Square is a prime-tier Class A submarket of Hangzhou with average asking rent around ¥264/sqm/mo · ≈ $40.9 PSF/yr USD.
Heritage retail and finance core. · Tier: prime · Avg rent: ¥264/sqm/mo · ≈ $40.9 PSF/yr USD
Wulin Square anchors Hangzhou's heritage retail and finance Class A core — banking branches, retail HQs, and consulting in mid-rise heritage and post-2000 stock.
Banking, retail HQs, consulting, professional services.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Hangzhou Metro Line 1/3 (Wulin Square).
Multi-modal transit captures the metro's principal professional catchment.
Wulin Square retail, Hangzhou Tower.
Wulin Square is one of 5 Class A submarkets we cover in Hangzhou, classified as prime tier with an average asking rent around ¥264/sqm/mo · ≈ $40.9 PSF/yr USD. Compared with the broader Hangzhou Class A stock, Wulin Square typically attracts Banking, retail HQs, consulting, professional services and competes most directly with the city's other prime submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Wulin Square: Future Sci-Tech City (Xixi), Qianjiang New CBD, Binjiang, Xiasha Economic Zone. The full Hangzhou submarket atlas is at /cities/hangzhou.
For an institutional Class A occupier evaluating Wulin Square, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Hangzhou Class A leasing and to the prime tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.