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Siheung Insightsas of Oct 2026
Population size
580 K People
Household size
2.3 People
Median household income
55,000,000 KRW
Dominant industries
Manufacturing sector
Dominant industries
Logistics sector
Cost of living index
85 index
Retail sales per capita
2,500,000 KRW
Disposable income
35,000,000 KRW
Existing retail mix
Mixed type
Number of competitors
5 units
Market saturation
Medium level
Presence of anchor tenants
Yes boolean
Foot traffic from nearby businesses
High level
Rent costs
900,000 KRW/month
Property values
500,000,000 KRW
Zoning laws
Commercial mixed-use type
Business permits
Standard process
Availability of retail space
Good level
Proximity to major roads
High level
Public transportation access
Good level
Parking availability
Adequate level
Pedestrian traffic
Medium level
Vehicle traffic
High level
Public transport accessibility
80 score
Commute times
45 minutes
Work patterns
Commuter type
Shopping preferences
Hybrid type
Brand affinity
Korean brands preference
Consumer loyalty
Medium level
Entertainment and leisure trends
Outdoor parks type
Crime statistics
Low level
Public safety measures
CCTV and patrols type
Tourist spending
500,000 KRW/visitor
Tourist footfall
50,000 visitors/year
Major local events
Clam digging festival event
Seasonal attractions
Summer tidal flats attraction
Total retail space
500,000 sqm
Retail space per capita
0.86 sqm/person
Sustainable retail demand
High level
Major upcoming retail projects
Baegot expansions project
Grocery market share distribution
E-mart name
Grocery market share distribution
Lotte Mart name
Grocery market share distribution
Homeplus name
Consumer spending patterns
Value-oriented type
Grocery expenditure trends
Increasing trend
Luxury retail performance
Medium level
Top mall shopping preferences
Siheung Premium Outlet mall
Key drivers for mall visits
Convenience driver
Number of existing malls
3 units
Total retail footfall
5,000,000 visits
Retail market gaps
Luxury segments gap
Trade area population
1,000,000 people
Retail potential in catchment area
High level
Preferred mall layouts
Open-air outlets type
Public transport access
Good level
Walkability score
70 score
Road infrastructure & car access
Excellent level
Parking capacity in comparable malls
2,000 spaces
Surrounding land use & future developments
Mixed-use type
Retail Destinations in Siheung
Browse 2 retail destinations in Siheung, South Korea. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Siheung at a Glance
- Total Properties2
- CountrySouth Korea
