# Shenzhen Class A submarkets

> Shenzhen has 5 distinct Class A submarkets we track, anchored by Futian CBD at the trophy tier.

**Canonical URL:** https://classa.info/cities/shenzhen/neighborhoods-overview
**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
- 5 submarkets covered.
- Trophy tier: Futian CBD, Houhai (Nanshan), Qianhai Free Trade Zone.
- Prime tier: Luohu.
- Established/emerging tier: Bao'an Airport Corridor.

## 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%
- **trophyCount**: 3
- **primeCount**: 1

## FAQ
### How many Class A submarkets are in Shenzhen?
5, ranging from trophy (Futian CBD) down to established and emerging clusters.

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