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Big C An Phu operates as a hypermarket within the Cantavil complex in An Phu ward, Thu Duc City, formerly District 2 of Ho Chi Minh City, covering approximately 5,000 square meters of retail space focused on groceries, household goods, electronics, and apparel. Positioned in an affluent eastern suburb, it serves a mix of local middle-to-upper-income residents and expatriates, benefiting from proximity to high-end residential areas like Thao Dien and international schools.
Tenant mix includes the anchor Big C supermarket, complemented by fast-food outlets such as KFC and Lotteria, pharmacies, banking services, and small electronics vendors, emphasizing everyday essentials over luxury retail. Market data indicates Ho Chi Minh City retail supply at 1.6 million square meters in Q1 2025, with occupancy rates around 94 percent and average ground-floor rents at VND 1.4 million per square meter per month.
Footfall in similar community retail formats has recovered post-pandemic, supported by a 14 percent year-on-year increase in citywide retail sales to VND 317 trillion, driven by food and beverage and home goods sectors.
Accessibility is enhanced by its location near Hanoi Highway and upcoming metro lines, though traffic congestion remains a challenge.
Leasing advantages include stable demand from value-oriented shoppers in a growing population of over 1 million in Thu Duc City, but faces risks from e-commerce growth and competition from larger malls like Vincom Thao Dien.
Operational quality features standard hypermarket amenities with parking for 500 vehicles, open daily from 7 AM to 9:30 PM, and focuses on low-price strategies amid market saturation in eastern districts.
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Hours of Operation
Hours
| Monday | 07:00 AM — 09:30 PM |
| Tuesday | 07:00 AM — 09:30 PM |
| Wednesday | 07:00 AM — 09:30 PM |
| Thursday | 07:00 AM — 09:30 PM |
| Friday | 07:00 AM — 09:30 PM |
| Saturday | 07:00 AM — 09:30 PM |
| Sunday | 07:00 AM — 09:30 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Customer Profile
An Phu ward in Thu Duc City features a population of around 25,000, part of the larger Thu Duc area with over 1 million residents, characterized by high average household incomes exceeding VND 20 million monthly, driven by expatriates and professionals in tech and finance sectors. Retail performance benefits from a young, urban demographic with 40 percent under 35 years old, favoring convenient shopping for groceries and daily needs, though potential challenges include shifting preferences toward online platforms reducing in-store visits.
Competition and Market Saturation
The eastern Ho Chi Minh City retail market shows signs of saturation with 324,000 square meters of new supply projected from 2025 to 2027, including nearby competitors like Estella Place and Thiso Mall offering diverse fashion and entertainment options. Big C An Phu maintains a niche in value retail but risks footfall diversion to these premium venues, where occupancy exceeds 95 percent, necessitating tenant mix adjustments to include more experiential elements.
Lease Terms and Rent Levels
Typical lease terms for similar hypermarket spaces involve 5-10 year agreements with rent escalations of 5-10 percent annually, and current levels in non-CBD areas average VND 800,000 to 1.2 million per square meter per month, lower than CBD rates. Advantages include flexible fit-out periods up to 3 months for anchors, but drawbacks involve high service charges and promotion levies amid stable but competitive market conditions.
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Ho Chi Minh City
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