Qianjiang New CBD is a trophy-tier Hangzhou submarket with average asking rent around ¥200/sqm/mo · ≈ $31 PSF/yr USD.

  • Average asking rent: ¥200/sqm/mo · ≈ $31 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: ¥220/sqm/mo · ≈ $34.1 PSF/yr USD ($34 USD).
  • Citywide vacancy: 18.4% — submarket-level availability is typically tighter at trophy tier.

Qianjiang New CBD, Hangzhou office rents and availability

Qianjiang New CBD is a trophy-tier Hangzhou submarket with average asking rent around ¥200/sqm/mo · ≈ $31 PSF/yr USD.

TL;DR

  • Average asking rent: ¥200/sqm/mo · ≈ $31 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: ¥220/sqm/mo · ≈ $34.1 PSF/yr USD ($34 USD).
  • Citywide vacancy: 18.4% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

Qianjiang New CBD averages around ¥200/sqm/mo · ≈ $31 PSF/yr USD for Class A, against a citywide Class A index of 220. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Government and finance trophy core. Government, banking, financial services, professional services.

Key facts

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

Frequently asked questions

What is the average Class A rent in Qianjiang New CBD, Hangzhou?
Around ¥200/sqm/mo · ≈ $31 PSF/yr USD. The citywide Class A index sits at ¥220/sqm/mo · ≈ $34.1 PSF/yr USD.

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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