Average monthly net effective rent in the fastest-growing business districts in China's Greater Bay Area as of 2nd quarter of 2019
(in Hong Kong dollars per square foot growth floor area)
Characteristic
Monthly rent in Hong Kong dollars per squre foot GFA
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Net absorption is the total new square footage leased minus the total square footage of tenants that no longer occupy their suites in a given time period.
*Estimates.
Note: 1 Hong Kong dollar equals approximately 0.13 U.S. dollars and 0.12 euros (as of August 2019).
Citation formats
Rent in the fastest-growing business districts in China's Greater Bay Area Q2 2019
As of the second quarter of 2019, the average monthly rent in Shenzhen's Houhai business center was ** Hong Kong dollars per square foot gross floor space. As an essential city in the China's Greater Bay Area, Shenzhen is home of many of China's high-tech companies, attracting lots of start-ups there.
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JLL. (August 16, 2019). Average monthly net effective rent in the fastest-growing business districts in China's Greater Bay Area as of 2nd quarter of 2019 (in Hong Kong dollars per square foot growth floor area) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 06, 2026, from /statistics/1042668/china-rent-in-the-fastest-growing-business-districts-in-the-greater-bay-area/
JLL. "Average monthly net effective rent in the fastest-growing business districts in China's Greater Bay Area as of 2nd quarter of 2019 (in Hong Kong dollars per square foot growth floor area)." Chart. August 16, 2019. ÌÇÐÄÆÆ½â°æ. Accessed August 06, 2026. /statistics/1042668/china-rent-in-the-fastest-growing-business-districts-in-the-greater-bay-area/
JLL. (2019). Average monthly net effective rent in the fastest-growing business districts in China's Greater Bay Area as of 2nd quarter of 2019 (in Hong Kong dollars per square foot growth floor area). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 06, 2026. /statistics/1042668/china-rent-in-the-fastest-growing-business-districts-in-the-greater-bay-area/
JLL. "Average Monthly Net Effective Rent in The Fastest-growing Business Districts in China's Greater Bay Area as of 2nd Quarter of 2019 (in Hong Kong Dollars per Square Foot Growth Floor Area)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 16 Aug 2019, /statistics/1042668/china-rent-in-the-fastest-growing-business-districts-in-the-greater-bay-area/
JLL, Average monthly net effective rent in the fastest-growing business districts in China's Greater Bay Area as of 2nd quarter of 2019 (in Hong Kong dollars per square foot growth floor area) ÌÇÐÄÆÆ½â°æ, /statistics/1042668/china-rent-in-the-fastest-growing-business-districts-in-the-greater-bay-area/ (last visited August 06, 2026)
Average monthly net effective rent in the fastest-growing business districts in China's Greater Bay Area as of 2nd quarter of 2019 (in Hong Kong dollars per square foot growth floor area) [Graph], JLL, August 16, 2019. [Online]. Available: /statistics/1042668/china-rent-in-the-fastest-growing-business-districts-in-the-greater-bay-area/