---
title: "Hangzhou Class A submarkets"
description: "All 5 Class A submarkets we track in Hangzhou — tier, average rent, and tenant profile."
canonical: https://classa.info/cities/hangzhou/neighborhoods-overview
pageType: city-topic
lastUpdated: 2026-04-15T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Hangzhou has 5 distinct Class A submarkets we track, anchored by Future Sci-Tech City (Xixi) at the trophy tier.

## TL;DR

- 5 submarkets covered.
- Trophy tier: Future Sci-Tech City (Xixi), Qianjiang New CBD, Binjiang.
- Prime tier: Wulin Square.
- Established/emerging tier: Xiasha Economic Zone.

# Hangzhou Class A submarkets

**Hangzhou has 5 distinct [Class A](/glossary/class-a) submarkets we track, anchored by Future Sci-Tech City (Xixi) at the [trophy tier](/topics/trophy-asset-selection).**

## TL;DR

- 5 submarkets covered.
- Trophy tier: Future Sci-Tech City (Xixi), Qianjiang New CBD, Binjiang.
- Prime tier: Wulin Square.
- Established/emerging tier: Xiasha Economic Zone.

## By tier

**Future Sci-Tech City (Xixi)** (trophy, ~¥220/sqm/mo · ≈ $34.1 PSF/yr USD) — Alibaba-anchored tech district.

**Qianjiang New CBD** (trophy, ~¥200/sqm/mo · ≈ $31 PSF/yr USD) — Government and finance trophy core.

**Binjiang** (trophy, ~¥200/sqm/mo · ≈ $31 PSF/yr USD) — Tech and e-commerce HQ corridor.

**Wulin Square** (prime, ~¥160/sqm/mo · ≈ $24.8 PSF/yr USD) — Heritage retail and finance core.

**Xiasha Economic Zone** (established, ~¥140/sqm/mo · ≈ $21.7 PSF/yr USD) — Eastern industrial and university Class A.

## Key facts

| city | Hangzhou|
| country | China|
| region | APAC|
| classARentLocal | ¥220/sqm/mo · ≈ $34.1 PSF/yr USD|
| classARentUsd | $34/sqft/yr|
| vacancy | 18.4%|
| typicalLeaseYears | 5|
| typicalRentFreeMonths | 6|
| submarkets | 5|
| primeYieldPct | 5%|
| trophyCount | 3|
| primeCount | 1|

## Frequently asked questions

****How many Class A submarkets are in Hangzhou?****
: 5, ranging from trophy (Future Sci-Tech City (Xixi)) down to established and emerging clusters.

## Editorial provenance

Reviewed by [**Class A Atlas Editorial Desk**](/about/authors/class-a-atlas-editorial-desk) — House byline · global editorial team. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards).

### Primary sources for this page

- [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE
- [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL
- [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield
- [Savills World Research](https://www.savills.com/research_articles/) — Savills
- [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers

[Full sources index](/about/sources) · [Submit a correction](/about/corrections)

## Related topics

- [**Trophy Asset Selection**](/topics/trophy-asset-selection) — How to identify and evaluate trophy Class A assets for a flagship requirement.

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