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Co.Opmart Củ Chi, located at 357 Phan Văn Khải in Ấp Thượng, Xã Củ Chi, Ho Chi Minh City, is a 5,000 sqm convenience retail center built in 2005 and operated by Saigon Co.op.
Spanning two levels, it anchors with the Co.opmart supermarket and hosts about 50 stores with medium tenant diversity, focusing on groceries, local produce, and daily essentials. Occupancy is 95%, with 500 sqm available and rents averaging 200,000 VND per sqm per month on flexible terms. Annual footfall reaches 300,000 visitors, driven by a 5 km catchment of 450,000 residents (median age 33, household income 9,000,000 VND/month, 2.5% growth).
Accessibility benefits from direct road links, good public transport, and 200 parking spaces, though pedestrian traffic remains medium. In Ho Chi Minh Citys suburban retail market, it holds steady sales of 50,000,000 VND per sqm yearly, supported by low competitor density (2 per 10 km) and grocery demand, but faces high e-commerce pressure (85% internet penetration, 30% click-and-collect).
Leasing advantages include affordable rates and stable occupancy for budget retailers; drawbacks encompass aging infrastructure, quick 45-minute dwell times limiting extended shopping, and absence of premium categories amid urban competition.
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Hours of Operation
Hours
| Monday | 08:00 AM — 10:00 PM |
| Tuesday | 08:00 AM — 10:00 PM |
| Wednesday | 08:00 AM — 10:00 PM |
| Thursday | 08:00 AM — 10:00 PM |
| Friday | 08:00 AM — 10:00 PM |
| Saturday | 08:00 AM — 10:00 PM |
| Sunday | 08:00 AM — 10:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Catchment
The 5 km primary catchment serves 450,000 people, extending to 15 km secondary area, with median age 33, household size 3.4, and 25% tertiary education. Median income of 9,000,000 VND/month fuels per capita spending of 12,000,000 VND yearly on groceries, matching the propertys essentials focus. Low 3.5% unemployment and 2.5% population growth ensure consistent demand, though suburban demographics favor value-oriented retail over luxury, potentially restricting higher-margin opportunities.
Competition and Accessibility
Low density of 2 similar competitors per 10 km provides a niche, but high e-commerce rivalry with 85% internet access and 30% click-and-collect adoption challenges foot traffic. Strong accessibility via main roads and public transport, plus 200 parking spots, suits car-dependent Cu Chi shoppers; medium pedestrian flow and suburban setting pose risks from urban mall saturation and access issues during peak hours.
Lease Terms and Operations
Flexible leases at 200,000 VND/sqm/month support small tenants, with 95% occupancy and 5% vacancy indicating reliability. Monthly footfall of 8,333 achieves 70% conversion and 45-minute dwells, ideal for efficient grocery visits. Operations feature CCTV security, weekly promotions, and 40% loyalty uptake; challenges include 2005-era infrastructure needing minor renovations and limited expansion, impacting long-term competitiveness in a dynamic market.
Building Details
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City Snapshot
Hồ Chí Minh City
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City Snapshot
Hồ Chí Minh City
Comprehensive market intelligence for retail expansion in this city
