Quick reference: Suzhou Class A rent is ¥180/sqm/mo · ≈ $27.9 PSF/yr USD ($28 USD), typical term 5 years, 6 months free.
Class A rent: ¥180/sqm/mo · ≈ $27.9 PSF/yr USD.
Typical term: 5 years.
Typical rent-free: 6 months.
Vacancy: 18.6%.
Suzhou Class A office: frequently asked questions
Quick reference: Suzhou Class A rent is ¥180/sqm/mo · ≈ $27.9 PSF/yr USD ($28 USD), typical term 5 years, 6 months free.
TL;DR
Class A rent: ¥180/sqm/mo · ≈ $27.9 PSF/yr USD.
Typical term: 5 years.
Typical rent-free: 6 months.
Vacancy: 18.6%.
Quick reference
Use this page as the fast-answer reference for Suzhou. Deep coverage lives on the city page, the topic pages, and the comparison views.
Key facts
city
Suzhou
country
China
region
APAC
classARentLocal
¥180/sqm/mo · ≈ $27.9 PSF/yr USD
classARentUsd
$28/sqft/yr
vacancy
18.6%
typicalLeaseYears
5
typicalRentFreeMonths
6
submarkets
5
primeYieldPct
5.4%
Frequently asked questions
What is Suzhou Industrial Park?
SIP is the joint Singapore-China master-planned industrial and mixed-use Class A district — established 1994, anchored by deep semiconductor, biotech, and consumer-brand tenancy. China's most successful master-planned international industrial park.
How does Suzhou compare to Shanghai?
Suzhou offers ~40-50% rent discount to Shanghai with comparable Class A specification. Manufacturing and biotech depth is materially stronger; financial services depth is shallower.
What is BioBay's role?
BioBay anchors China's deepest biotech cluster outside Shanghai. Innovent Biologics, BeiGene satellites, AstraZeneca China, and a deep cluster of biotech R&D and clinical-services tenancy.