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Office space for rent in Shenzhen

Rents split the market in two

Shenzhen listings run from $336 to $816 per m² a year, with the median at $450 — the top rate is about 2.4 times the bottom, and that ratio is the most useful budgeting number in the city. On a median 48 m² suite the arithmetic is concrete: roughly $21,600 a year at the $450 median, while the gap between the cheapest and the dearest rate is worth about $23,000 a year on the same footprint.

Nine buildings, three sub-markets

Nine buildings hold the 80 units listed in Shenzhen, and the addresses fall where the city's office stock actually sits: Futian, with Ping An International and Futian NEO; the Nanshan science belt around South Keyuan Road; and the older Luohu stretch of the Shennan axis at Shen Nan Dong Lu. A tenant comparing the 80 Shenzhen units is really comparing those three environments — finance-facing, tech-facing and legacy central — before comparing floor plates.

Unit sizes

Sizes in Shenzhen run from 5 m² to 520 m², with a median of 48 m², so more than half the listed stock is single-room space for compact teams and the 520 m² upper end is where a whole department fits. Because the 9 buildings average close to nine units each, a Shenzhen tenant expecting headcount growth can and should ask what else is vacant in the same tower before signing.