--- title: "Qianjiang New CBD, Hangzhou — Class A submarket" description: "Government and finance trophy core." canonical: https://classa.info/cities/hangzhou/qianjiang-new-cbd pageType: neighborhood lastUpdated: 2026-04-15T00:00:00.000Z license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)." --- > Qianjiang New CBD is a trophy-tier Class A submarket of Hangzhou with average asking rent around ¥200/sqm/mo · ≈ $31 PSF/yr USD. ## TL;DR - Government and finance trophy core. - Trophy tier — ~¥200/sqm/mo. - Active Class A leasing market with deal flow across major broker desks. # Qianjiang New CBD, Hangzhou — Class A submarket *Government and finance trophy core.* · Tier: trophy · Avg rent: ¥200/sqm/mo · ≈ $31 PSF/yr USD ## TL;DR - Government and finance trophy core. - [Trophy tier](/topics/trophy-asset-selection) — ~¥200/sqm/mo. - Active [Class A](/glossary/class-a) leasing market with deal flow across major broker desks. ## Overview Qianjiang New CBD — south of West Lake along the Qiantang River — anchors Hangzhou's principal government and finance Class A trophy core. Citizen Center, Qianjiang International Times Square, and the post-2015 trophy tier. ## Tenant profile Government, banking, financial services, professional services. ## Typical specification 15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common. ## Transit Hangzhou Metro Line 4/2 (Citizen Center, Qianjiang Lu). Multi-modal transit captures the metro's principal professional catchment. ## Amenities West Lake, Qiantang River, Citizen Center. ## Comparable buildings - **Qianjiang International Times Square** [](https://www.google.com/maps/search/?api=1&query=Qianjiang%20International%20Times%20Square%2C%20Qianjiang%20New%20CBD%2C%20Hangzhou%2C%20China%2C%20Qianjiang%20New%20CBD%2C%20Hangzhou%2C%20China&query_place_id=ChIJkWMlTFecTDQRYpXhC0ok16I) - **Citizen Center Tower** [](https://www.google.com/maps/search/?api=1&query=Citizen%20Center%20Tower%2C%20Qianjiang%20New%20CBD%2C%20Hangzhou%2C%20China%2C%20Qianjiang%20New%20CBD%2C%20Hangzhou%2C%20China&query_place_id=ChIJy3YluvycTDQRQf6DJksqfzA) - **International Conference Center** [](https://www.google.com/maps/search/?api=1&query=International%20Conference%20Center%2C%20Qianjiang%20New%20CBD%2C%20Hangzhou%2C%20China%2C%20Qianjiang%20New%20CBD%2C%20Hangzhou%2C%20China&query_place_id=ChIJPb5M34BhSzQRB-a9bCD2Q3g) ## Where Qianjiang New CBD sits in Hangzhou Qianjiang New CBD is one of 5 Class A submarkets we cover in Hangzhou, classified as trophy tier with an average asking rent around ¥200/sqm/mo · ≈ $31 PSF/yr USD. Compared with the broader Hangzhou Class A stock, Qianjiang New CBD typically attracts Government, banking, financial services, professional services and competes most directly with the city's other trophy submarkets on building specification, transit access, and [amenitisation](/glossary/amenitisation). Adjacent submarkets to study alongside Qianjiang New CBD: [Future Sci-Tech City (Xixi)](/cities/hangzhou/future-sci-tech-city-xixi), [Binjiang](/cities/hangzhou/binjiang), [Wulin Square](/cities/hangzhou/wulin-square), [Xiasha Economic Zone](/cities/hangzhou/xiasha-economic-zone). The full Hangzhou submarket atlas is at [/cities/hangzhou](/cities/hangzhou). ## Topic deep-dives for Qianjiang New CBD For an institutional Class A occupier evaluating Qianjiang New CBD, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket: - [Qianjiang New CBD — ](/cities/hangzhou/qianjiang-new-cbd/rents-and-availability) - [Qianjiang New CBD — ](/cities/hangzhou/qianjiang-new-cbd/tenant-profile) - [Qianjiang New CBD — ](/cities/hangzhou/qianjiang-new-cbd/transit-and-commute) - [Qianjiang New CBD — ](/cities/hangzhou/qianjiang-new-cbd/amenity-and-lifestyle) - [Qianjiang New CBD — ](/cities/hangzhou/qianjiang-new-cbd/trophy-and-comparables) - [Qianjiang New CBD — ](/cities/hangzhou/qianjiang-new-cbd/fit-out-and-spec) ## Related glossary Terminology specific to Hangzhou Class A leasing and to the trophy tier: [Class A](/glossary/class-a), [Trophy asset](/glossary/trophy-asset), [Effective rent](/glossary/effective-rent), [Concession package](/glossary/concession-package), [TI allowance](/glossary/ti-allowance), [Submarket tier](/glossary/submarket-tier). ## 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 - [**Class A Lease Negotiation**](/topics/class-a-lease-negotiation) — How to negotiate a Class A office lease — the playbook from LOI to signed deal. - [**Hybrid Workplace Strategy**](/topics/hybrid-workplace-strategy) — How to size, structure, and lease a Class A office for a hybrid workforce. - [**ESG / LEED for Tenants**](/topics/esg-leed-tenants) — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease. - [**Cross-border Expansion**](/topics/cross-border-expansion) — How to run a coordinated Class A office search across multiple geographies. - [**Fit-out Capex**](/topics/fit-out-capex) — How to budget, sequence, and govern Class A office [fit-out](/topics/fit-out-capex)">fit-out capex. - [**Lease vs Flex**](/topics/lease-vs-flex) — When premium flex (coworking, [managed office](/glossary/managed-office)) beats a conventional Class A lease — and vice versa. --- Citation: Source: Class A Atlas (https://classa.info/cities/hangzhou/qianjiang-new-cbd), updated 2026-04-15T00:00:00.000Z.