Qianhai Free Trade Zone is a trophy-tier Shenzhen submarket with average asking rent around ¥280/sqm/mo · ≈ $43.4 PSF/yr USD.

  • Average asking rent: ¥280/sqm/mo · ≈ $43.4 PSF/yr USD.
  • Tier: trophy.
  • 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 trophy tier.

Qianhai Free Trade Zone, Shenzhen office rents and availability

Qianhai Free Trade Zone is a trophy-tier Shenzhen submarket with average asking rent around ¥280/sqm/mo · ≈ $43.4 PSF/yr USD.

TL;DR

  • Average asking rent: ¥280/sqm/mo · ≈ $43.4 PSF/yr USD.
  • Tier: trophy.
  • 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 trophy tier.

Where rent sits

Qianhai Free Trade Zone averages around ¥280/sqm/mo · ≈ $43.4 PSF/yr USD for Class A, against a citywide Class A index of 290. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Cross-border financial trophy frontier. Cross-border finance, fintech, insurance, professional services.

Key facts

cityShenzhen
submarketQianhai Free Trade Zone
tiertrophy
averageRentLocal¥280/sqm/mo · ≈ $43.4 PSF/yr USD
cityClassARentUsd$45/sqft/yr
cityVacancyPct24.8%

Frequently asked questions

What is the average Class A rent in Qianhai Free Trade Zone, Shenzhen?
Around ¥280/sqm/mo · ≈ $43.4 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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