Quick reference: Shenzhen Class A rent is 290 CNY/sqft ($40 USD), typical term 5 years, 10 months free.
Class A rent: 290 CNY/sqft/yr ($40 USD).
Typical term: 5 years.
Typical rent-free: 10 months.
Vacancy: 24.8%.
Shenzhen Class A office: frequently asked questions
Quick reference: Shenzhen Class A rent is 290 CNY/sqft ($40 USD), typical term 5 years, 10 months free.
TL;DR
Class A rent: 290 CNY/sqft/yr ($40 USD).
Typical term: 5 years.
Typical rent-free: 10 months.
Vacancy: 24.8%.
Quick reference
Use this page as the fast-answer reference for Shenzhen. Deep coverage lives on the city page, the topic pages, and the comparison views.
Key facts
city
Shenzhen
country
China
region
APAC
classARentLocal
290 CNY/sqft/yr
classARentUsd
$40/sqft/yr
vacancy
24.8%
typicalLeaseYears
5
typicalRentFreeMonths
10
submarkets
5
primeYieldPct
5.4%
Frequently asked questions
What is the Qianhai Free Trade Zone?
Qianhai is a special economic zone offering 15% corporate tax for qualifying enterprises (HNTE-equivalent), CEPA preferences for Hong Kong service providers, and streamlined cross-border RMB regulation.
How significant is Tencent as a tenant?
Material. Tencent's Seafront Towers anchor Houhai; the new Tencent Net City (4M sqm+) is the largest single-tenant Class A campus in China outside Beijing.
What is the cross-border context with Hong Kong?
Futian and West Kowloon are connected via the Futian-West Kowloon high-speed rail (~14 minutes). Daily cross-border professional commuting is now common.