Houhai (Nanshan)'s tenant base is anchored by tech (tencent, huawei satellites), ai, professional services, consulting.

  • Tier: trophy.
  • Tenant character: Tech trophy frontier.
  • Average rent: ¥320/sqm/mo · ≈ $49.6 PSF/yr USD.

Houhai (Nanshan), Shenzhen tenant profile

Houhai (Nanshan)'s tenant base is anchored by tech (tencent, huawei satellites), ai, professional services, consulting.

TL;DR

  • Tier: trophy.
  • Tenant character: Tech trophy frontier.
  • Average rent: ¥320/sqm/mo · ≈ $49.6 PSF/yr USD.

Who clusters here

Tech (Tencent, Huawei satellites), AI, professional services, consulting.

What that means for newcomers

Newcomers to Houhai (Nanshan) should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityShenzhen
submarketHouhai (Nanshan)
tiertrophy
averageRentLocal¥320/sqm/mo · ≈ $49.6 PSF/yr USD
cityClassARentUsd$45/sqft/yr
cityVacancyPct24.8%

Frequently asked questions

What kind of tenants lease in Houhai (Nanshan)?
Tech (Tencent, Huawei satellites), AI, professional services, consulting.

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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