The form of an ocean city, as a physical space, has an important impact on the city’s social economy, environment, etc. Whether the internal composition of an ocean city is well organized determines whether its form is sustainable and whether it can better carry out a variety of functions. Considering this context, in this study, we adopted the theory of space syntax (SS) to interpret the sustainability of the ocean city form. This was carried out from the perspective of the composition relationship of the internal organization of the ocean city (OC) physical space. We judged whether the composition relationship of internal space could effectively support the sustainable and healthy functioning of different features of ocean cities through the interpretation of SS-related theories. It is extremely hard to give an accurate definition of the form of a sustainable city. At the same time, it is impossible to make conclusions about which urban form is sustainable. However, combined with the concept of sustainable development, we argue that urban forms that continue to facilitate the virtuous cycle of the society, economy, and environment of a given city and also to be highly habitable for urban residents are sustainable. Thus, based on the above viewpoint, the research object and scope in this study only involved the ontology of the physical space form and whether urban physical space could effectively support the sound and sustainable development of three core elements: urban society, the economy, and the environment. This was comprehensively evaluated through our exploration of the form of urban physical space. Here, space syntax was taken as an analytical theoretical and practical tool to summarize the problems that existed in Shenzhen Bay through data analysis, and corresponding development proposals were put forward. The concept and method behind the strategy analysis of the ocean city (OC) design framework based on SS-related theories were presented and applied to practical cases to perform an objective and rational analysis, guide the design of actual projects, and promote ocean city (OC) design in the transition period in a judicious way. In addition, we discuss how design and planning can promote sustainable urban development.