Futian CBD (trophy, ~¥360/sqm/mo · ≈ $55.8 PSF/yr USD) is one of 5 Shenzhen Class A submarkets we track.
Futian CBD (trophy, ~¥360/sqm/mo · ≈ $55.8 PSF/yr USD) is one of 5 Shenzhen Class A submarkets we track.
**Houhai (Nanshan)** (trophy, ¥320/sqm/mo · ≈ $49.6 PSF/yr USD) — Tech trophy frontier. **Qianhai Free Trade Zone** (trophy, ¥280/sqm/mo · ≈ $43.4 PSF/yr USD) — Cross-border financial trophy frontier. **Luohu** (prime, ¥220/sqm/mo · ≈ $34.1 PSF/yr USD) — Legacy CBD bordering Hong Kong. **Bao'an Airport Corridor** (established, ¥160/sqm/mo · ≈ $24.8 PSF/yr USD) — Logistics and tech R&D belt.
| city | Shenzhen |
|---|---|
| submarket | Futian CBD |
| tier | trophy |
| averageRentLocal | ¥360/sqm/mo · ≈ $55.8 PSF/yr USD |
| cityClassARentUsd | $45/sqft/yr |
| cityVacancyPct | 24.8% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.