{
  "url": "https://classa.info/cities/chengdu",
  "title": "Chengdu Class A Office Market",
  "description": "Western China's tech, gaming, and consumer-brand HQ capital.",
  "oneSentenceAnswer": "Chengdu Class A office rents around ¥150/sqm/mo · ≈ $23.2 PSF/yr USD, with 22.6% vacancy and 8 months of typical rent-free on a 5-year term.",
  "tldr": [
    "Western China's deepest gaming cluster — Tencent, NetEase, Hoyoverse satellites.",
    "Tianfu New Area anchors the post-2015 trophy tier and high-tech zone.",
    "Class A vacancy north of 22% reflects substantial post-2022 supply delivery.",
    "Chengdu's western-China hub status anchors structural HQ migration from Shanghai and Shenzhen."
  ],
  "keyFacts": {
    "city": "Chengdu",
    "country": "China",
    "region": "APAC",
    "classARentLocal": "¥150/sqm/mo · ≈ $23.2 PSF/yr USD",
    "classARentUsd": "$23.24436310259293/sqft/yr",
    "vacancyPct": "22.6%",
    "typicalLeaseYears": 5,
    "typicalRentFreeMonths": 8,
    "submarkets": 5,
    "corporateTaxPct": "25%",
    "talentIndex": 80
  },
  "faqs": [
    {
      "question": "What is the role of the Tianfu New Area?",
      "answer": "Material. Tianfu New Area — south of central Chengdu — anchors the city's principal post-2010 trophy and high-tech submarket. Tencent, NetEase, ByteDance, and a deep gaming cluster."
    },
    {
      "question": "How does Chengdu compare to other Chinese tier-2 markets?",
      "answer": "Chengdu is the deepest tier-2 Class A market in western China. Gaming and consumer-brand depth is comparable to Hangzhou; semiconductor depth is shallower than Suzhou."
    },
    {
      "question": "What is Hoyoverse's impact?",
      "answer": "Hoyoverse (Genshin Impact developer) is anchored in Shanghai but maintains a deep Chengdu studio. Continued gaming HQ tenancy underwrites structural Class A demand."
    }
  ],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/chengdu), updated 2026-04-15T00:00:00.000Z."
}