The loss of life and property in economically developed areas due to geological hazards caused by intense ground subsidence is incalculable. As one of the fastest growing areas in the Guangdong-Hong Kong-Macao Greater Bay Area, the study of ground subsidence in Nansha will help to provide a scientific basis for urban planning and improve the capacity of monitoring and prevention of ground subsidence. The combination of coastal soft soil foundation and urbanization conditions creates a certain risk of land subsidence. We chose Nansha District, the geographical center of the Greater Bay Area, as the study area to analyze its surface subsidence characteristics in recent years. The 20-view Sentinel-1A data and SBAS-InSAR technique were used to monitor the ground subsidence in Nansha from 2017 to 2023. The main rate of ground subsidence in Nansha ranges from −19.4 to 7.7 mm/yr and is distributed in the urban area, along the rivers, in the construction area, and in the reclamation area. As of 4 May 2023, the average ground settlement in Nansha is 10.05 mm and the maximum settlement can be up to 142.45 mm. The 6-year total settlement at all four settlement intensities is greater than 60 mm, with the highest value exceeding 110 mm. The cumulative settlement increases with time, but inverse settlement and no settlement also occur at points where settlement is severe. For settlement caused by soft soil consolidation, it is recommended that drainage pipes be installed to accelerate drainage as a means of stabilizing settlement. For settlement caused by groundwater extraction and additional loads on the road surface, it is recommended to rationally extract groundwater and reinforce the foundation of the road surface with severe settlement.