# Shenzhen Class A office availability and pipeline

> Shenzhen Class A vacancy is 24.8% with the market trending softening — pipeline visibility matters more than headline vacancy.

**Canonical URL:** https://classa.info/cities/shenzhen/growth-and-availability
**Page type:** city-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Headline vacancy: 24.8%; trend softening.
- Trophy submarket (Futian CBD) typically clears at half headline vacancy.
- New construction lead time is 36–60 months — pipeline is largely fixed for the next cycle.
- Pre-let activity dominates the new-build pipeline.

## Key facts
- **city**: Shenzhen
- **country**: China
- **region**: APAC
- **classARentLocal**: ¥290/sqm/mo · ≈ $44.9 PSF/yr USD
- **classARentUsd**: $45/sqft/yr
- **vacancy**: 24.8%
- **typicalLeaseYears**: 5
- **typicalRentFreeMonths**: 10
- **submarkets**: 5
- **primeYieldPct**: 5.4%

## FAQ
### Is Shenzhen Class A office tight right now?
Headline vacancy is 24.8%. Trophy is materially tighter; older Class A and Class B carry the long tail.

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Citation: Source: Class A Atlas (https://classa.info/cities/shenzhen/growth-and-availability), updated 2026-04-15T00:00:00.000Z.