Quick reference: Shanghai Class A rent is ¥260/sqm/mo · ≈ $40.3 PSF/yr USD ($40 USD), typical term 3 years, 8 months free.

• Class A rent: ¥260/sqm/mo · ≈ $40.3 PSF/yr USD.
• Typical term: 3 years.
• Typical rent-free: 8 months.
• Vacancy: 19.8%.

TL;DR

• Class A rent: ¥260/sqm/mo · ≈ $40.3 PSF/yr USD.
• Typical term: 3 years.
• Typical rent-free: 8 months.
• Vacancy: 19.8%.

Quick reference

Use this page as the fast-answer reference for Shanghai. Deep coverage lives on the city page, the topic pages, and the comparison views.

Key facts

Frequently asked questions

What is the average Class A rent in Shanghai?

Around ¥260/sqm/mo · ≈ $40.3 PSF/yr USD.

How long is a typical lease in Shanghai?

3 years for institutional Class A.

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

Related topics

• Class A Lease Negotiation — How to negotiate a Class A office lease — the playbook from LOI to signed deal.
• Hybrid Workplace Strategy — How to size, structure, and lease a Class A office for a hybrid workforce.
• ESG / LEED for Tenants — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease.
• Cross-border Expansion — How to run a coordinated Class A office search across multiple geographies.
• Fit-out Capex — How to budget, sequence, and govern Class A office fit-out">fit-out capex.
• Lease vs Flex — When premium flex (coworking, managed office) beats a conventional Class A lease — and vice versa.