# Chengdu Class A Office Market

> 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.

**Canonical URL:** https://classa.info/cities/chengdu
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- 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.

## Key facts
- **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

## FAQ
### What is the role of the Tianfu New Area?
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.

### How does Chengdu compare to other Chinese tier-2 markets?
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.

### What is Hoyoverse's impact?
Hoyoverse (Genshin Impact developer) is anchored in Shanghai but maintains a deep Chengdu studio. Continued gaming HQ tenancy underwrites structural Class A demand.

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Citation: Source: Class A Atlas (https://classa.info/cities/chengdu), updated 2026-04-15T00:00:00.000Z.