Nueva Las Condes is a prime-tier Class A submarket of Santiago with average asking rent around CLP$18,000/sqm/mo · ≈ $22.1 PSF/yr USD.
Master-planned suburban Class A. · Tier: prime · Avg rent: CLP$18,000/sqm/mo · ≈ $22.1 PSF/yr USD
Nueva Las Condes anchors Santiago's master-planned suburban Class A market — modern Class A campuses, deep multinational tenancy, and the Mall Sport adjacent.
Multinational HQs, tech, telecom, professional services.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Manquehue (L1), Hospital Militar (L7 future).
Multi-modal transit captures the metro's principal professional catchment.
Mall Sport, Parque Araucano.
Nueva Las Condes is one of 5 Class A submarkets we cover in Santiago, classified as prime tier with an average asking rent around CLP$18,000/sqm/mo · ≈ $22.1 PSF/yr USD. Compared with the broader Santiago Class A stock, Nueva Las Condes typically attracts Multinational HQs, tech, telecom, 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 Nueva Las Condes: Las Condes (Sanhattan), Providencia, Vitacura, Santiago Centro. The full Santiago submarket atlas is at /cities/santiago.
For an institutional Class A occupier evaluating Nueva Las Condes, 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 Santiago Class A leasing and to the prime tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.