Monthly rent for office space in leading cities in China Q2 2021
In the second quarter of 2021, the monthly rent for office space in Beijing amounted to almost 400 yuan per square meter. It was the highest rent among all cities in mainland China. There is a large disparity between real estate in tier-1 cities and the rest of China. Not only is rent significantly lower, but in some lower-tier cities, the vacancy rate is higher.