Luohu is a prime-tier Shenzhen submarket with average asking rent around ¥220/sqm/mo · ≈ $34.1 PSF/yr USD.

  • Average asking rent: ¥220/sqm/mo · ≈ $34.1 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: ¥290/sqm/mo · ≈ $44.9 PSF/yr USD ($45 USD).
  • Citywide vacancy: 24.8% — submarket-level availability is typically tighter at prime tier.

Luohu, Shenzhen office rents and availability

Luohu is a prime-tier Shenzhen submarket with average asking rent around ¥220/sqm/mo · ≈ $34.1 PSF/yr USD.

TL;DR

  • Average asking rent: ¥220/sqm/mo · ≈ $34.1 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: ¥290/sqm/mo · ≈ $44.9 PSF/yr USD ($45 USD).
  • Citywide vacancy: 24.8% — submarket-level availability is typically tighter at prime tier.

Where rent sits

Luohu averages around ¥220/sqm/mo · ≈ $34.1 PSF/yr USD for Class A, against a citywide Class A index of 290. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

Legacy CBD bordering Hong Kong. Banking, trade, professional services, retail HQs.

Key facts

cityShenzhen
submarketLuohu
tierprime
averageRentLocal¥220/sqm/mo · ≈ $34.1 PSF/yr USD
cityClassARentUsd$45/sqft/yr
cityVacancyPct24.8%

Frequently asked questions

What is the average Class A rent in Luohu, Shenzhen?
Around ¥220/sqm/mo · ≈ $34.1 PSF/yr USD. The citywide Class A index sits at ¥290/sqm/mo · ≈ $44.9 PSF/yr USD.

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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