Total occupancy cost for Grade A office space in Shenzhen: $45.44 per sq ft per year. This figure covers rent, service charge, property tax (rates), fit-out amortised over the lease, facilities management, utilities and reinstatement costs.
Shenzhen Office Cost Breakdown (USD/sqft/yr)
Rent: $27.38/sqft/yr
Service Charge: $6.54/sqft/yr
Property Tax / Business Rates: $0.0/sqft/yr
Fit-Out (amortised over lease): $7.22/sqft/yr
Facilities Management: $0.0/sqft/yr
Utilities: $3.99/sqft/yr
Reinstatement / Dilapidations: $0.0/sqft/yr
Total Occupancy Cost: $45.44/sqft/yr
Shenzhen Serviced Office Costs
Serviced and flexible office space in Shenzhen costs between $413.0 and $495.0 per person per month, with a mid-market rate of $470.0 per person per month.
Use tendre Occupancy Cost Pro to compare leased, managed and serviced office costs across Shenzhen and 200+ other global markets. Benchmark your occupancy cost, model scenarios and export for your board.