---
title: "Shenzhen Class A submarkets"
description: "All 5 Class A submarkets we track in Shenzhen — tier, average rent, and tenant profile."
canonical: https://classa.info/cities/shenzhen/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)."
---

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

## 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.

# Shenzhen Class A submarkets

**Shenzhen has 5 distinct [Class A](/glossary/class-a) submarkets we track, anchored by Futian CBD at the [trophy tier](/topics/trophy-asset-selection).**

## 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.

## By tier

**Futian CBD** (trophy, ~¥360/sqm/mo · ≈ $55.8 PSF/yr USD) — Shenzhen's trophy financial core.

**Houhai (Nanshan)** (trophy, ~¥320/sqm/mo · ≈ $49.6 PSF/yr USD) — Tech trophy frontier.

**Qianhai Free Trade Zone** (trophy, ~¥280/sqm/mo · ≈ $43.4 PSF/yr USD) — [Cross-border](/topics/cross-border-expansion) financial trophy frontier.

**Luohu** (prime, ~¥220/sqm/mo · ≈ $34.1 PSF/yr USD) — Legacy CBD bordering Hong Kong.

**Bao'an Airport Corridor** (established, ~¥160/sqm/mo · ≈ $24.8 PSF/yr USD) — Logistics and tech R&D belt.

## 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|

## Frequently asked questions

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

## Editorial provenance

Reviewed by [**Kenji Watanabe**](/about/authors/kenji-watanabe) — APAC contributing editor. 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/shenzhen/neighborhoods-overview), updated 2026-04-15T00:00:00.000Z.