Houhai (Nanshan) is best-fit for tech (tencent, huawei satellites), ai, professional services, consulting.
Houhai (Nanshan) is best-fit for tech (tencent, huawei satellites), ai, professional services, consulting.
Tech (Tencent, Huawei satellites), AI, professional services, consulting.
Cost-sensitive operations and back-office functions are usually a poor fit — the rent premium is real and is paid for brand and address.
| city | Shenzhen |
|---|---|
| submarket | Houhai (Nanshan) |
| tier | trophy |
| averageRentLocal | ¥320/sqm/mo · ≈ $49.6 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.