Luohu is a prime-tier Class A submarket of Shenzhen with average asking rent around ¥220/sqm/mo · ≈ $34.1 PSF/yr USD.
Legacy CBD bordering Hong Kong. · Tier: prime · Avg rent: ¥220/sqm/mo · ≈ $34.1 PSF/yr USD
Luohu — adjacent to the Hong Kong border at Lo Wu — anchors Shenzhen's legacy CBD. Cross-border professional commuting and traditional banking and trade tenancy.
Banking, trade, professional services, retail HQs.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Luohu (Lines 1, 2 / Lo Wu border crossing).
Multi-modal transit captures the metro's principal professional catchment.
Luohu Commercial City, KK Mall.
Luohu is one of 5 Class A submarkets we cover in Shenzhen, classified as prime tier with an average asking rent around ¥220/sqm/mo · ≈ $34.1 PSF/yr USD. Compared with the broader Shenzhen Class A stock, Luohu typically attracts Banking, trade, professional services, retail HQs and competes most directly with the city's other prime submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Luohu: Futian CBD, Houhai (Nanshan), Qianhai Free Trade Zone, Bao'an Airport Corridor. The full Shenzhen submarket atlas is at /cities/shenzhen.
For an institutional Class A occupier evaluating Luohu, 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 Shenzhen Class A leasing and to the prime tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.