# Houhai (Nanshan) vs other Shenzhen submarkets

> Houhai (Nanshan) (trophy, ~¥320/sqm/mo · ≈ $49.6 PSF/yr USD) is one of 5 Shenzhen Class A submarkets we track.

**Canonical URL:** https://classa.info/cities/shenzhen/houhai-nanshan/topics/vs-other-submarkets
**Page type:** nb-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
- Houhai (Nanshan) sits at trophy tier.
- Average rent ¥320/sqm/mo · ≈ $49.6 PSF/yr USD vs city average 290.
- Compared submarkets: Futian CBD (trophy), Qianhai Free Trade Zone (trophy), Luohu (prime).

## Key facts
- **city**: Shenzhen
- **submarket**: Houhai (Nanshan)
- **tier**: trophy
- **averageRentLocal**: ¥320/sqm/mo · ≈ $49.6 PSF/yr USD
- **cityClassARentUsd**: $45/sqft/yr
- **cityVacancyPct**: 24.8%

## FAQ
### What other submarkets compete with Houhai (Nanshan) in Shenzhen?
Futian CBD, Qianhai Free Trade Zone, Luohu

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Citation: Source: Class A Atlas (https://classa.info/cities/shenzhen/houhai-nanshan/topics/vs-other-submarkets), updated 2026-04-15T00:00:00.000Z.