Monthly rent for grade A office real estate in Shanghai, China Q3 2019-Q3 2023

Published by
Wenyi Zhang,
Oct 16, 2023
In the third quarter of 2023, the average monthly rent for grade A office space in Shanghai amounted to 282.3 yuan per square meter. Over the observed period, the rent had decreased while the vacancy rate had increased. After Beijing, Shanghai office space was the second most expensive among major cities in mainland China.

Monthly average rent for grade A office space in Shanghai, China from 3rd quarter 2019 to 3rd quarter 2023 (in yuan per square meter)

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Release date

September 2023

Region

China

Survey time period

Q3 2019 to Q3 2023

Supplementary notes

One yuan equals 0.13 U.S. dollars and 0.12 euros (as of October 2023).

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