Binjiang (trophy, ~¥200/sqm/mo · ≈ $31 PSF/yr USD) is one of 5 Hangzhou Class A submarkets we track.

  • Binjiang sits at trophy tier.
  • Average rent ¥200/sqm/mo · ≈ $31 PSF/yr USD vs city average 220.
  • Compared submarkets: Future Sci-Tech City (Xixi) (trophy), Qianjiang New CBD (trophy), Wulin Square (prime).

Binjiang vs other Hangzhou submarkets

Binjiang (trophy, ~¥200/sqm/mo · ≈ $31 PSF/yr USD) is one of 5 Hangzhou Class A submarkets we track.

TL;DR

  • Binjiang sits at trophy tier.
  • Average rent ¥200/sqm/mo · ≈ $31 PSF/yr USD vs city average 220.
  • Compared submarkets: Future Sci-Tech City (Xixi) (trophy), Qianjiang New CBD (trophy), Wulin Square (prime).

Side-by-side with peers

**Future Sci-Tech City (Xixi)** (trophy, ¥220/sqm/mo · ≈ $34.1 PSF/yr USD) — Alibaba-anchored tech district. **Qianjiang New CBD** (trophy, ¥200/sqm/mo · ≈ $31 PSF/yr USD) — Government and finance trophy core. **Wulin Square** (prime, ¥160/sqm/mo · ≈ $24.8 PSF/yr USD) — Heritage retail and finance core. **Xiasha Economic Zone** (established, ¥140/sqm/mo · ≈ $21.7 PSF/yr USD) — Eastern industrial and university Class A.

Key facts

cityHangzhou
submarketBinjiang
tiertrophy
averageRentLocal¥200/sqm/mo · ≈ $31 PSF/yr USD
cityClassARentUsd$34/sqft/yr
cityVacancyPct18.4%

Frequently asked questions

What other submarkets compete with Binjiang in Hangzhou?
Future Sci-Tech City (Xixi), Qianjiang New CBD, Wulin Square

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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