Jing'an (prime, ~¥240/sqm/mo · ≈ $37.2 PSF/yr USD) is one of 5 Shanghai Class A submarkets we track.

  • Jing'an sits at prime tier.
  • Average rent ¥240/sqm/mo · ≈ $37.2 PSF/yr USD vs city average 260.
  • Compared submarkets: Lujiazui (Pudong) (trophy), Huaihai & Xintiandi (prime), Hongqiao CBD (prime).

Jing'an vs other Shanghai submarkets

Jing'an (prime, ~¥240/sqm/mo · ≈ $37.2 PSF/yr USD) is one of 5 Shanghai Class A submarkets we track.

TL;DR

  • Jing'an sits at prime tier.
  • Average rent ¥240/sqm/mo · ≈ $37.2 PSF/yr USD vs city average 260.
  • Compared submarkets: Lujiazui (Pudong) (trophy), Huaihai & Xintiandi (prime), Hongqiao CBD (prime).

Side-by-side with peers

**Lujiazui (Pudong)** (trophy, ¥280/sqm/mo · ≈ $43.4 PSF/yr USD) — Mainland China's banking spine. **Huaihai & Xintiandi** (prime, ¥220/sqm/mo · ≈ $34.1 PSF/yr USD) — Boutique HQs in repositioned Shikumen stock. **Hongqiao CBD** (prime, $38/sqft/yr) — Western airport-and-rail-linked CBD. **Qiantan** (prime, $35/sqft/yr) — Pudong's emerging southern CBD.

Key facts

cityShanghai
submarketJing'an
tierprime
averageRentLocal¥240/sqm/mo · ≈ $37.2 PSF/yr USD
cityClassARentUsd$40/sqft/yr
cityVacancyPct19.8%

Frequently asked questions

What other submarkets compete with Jing'an in Shanghai?
Lujiazui (Pudong), Huaihai & Xintiandi, Hongqiao CBD

Related

Editorial provenance

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

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