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Dalian Starlight 678 is a mid-sized shopping center located in the Xigang District of Dalian, Liaoning Province, China, with a gross leasable area of approximately 45,000 square meters across five floors. Opened in 2015, it serves as a community-oriented retail destination targeting local residents and nearby office workers. The tenant mix includes a blend of international and domestic brands, featuring anchor tenants such as a mid-range supermarket on the ground floor, fashion apparel stores like Uniqlo and local Chinese brands on levels 2-3, electronics outlets on level 4, and dining options including fast-casual eateries and a food court on the upper level.
Occupancy rates have hovered around 85-90% in recent years, according to local commercial real estate reports, reflecting stable demand in a city with 7.5 million residents. Footfall averages 8,000-10,000 daily visitors, bolstered by its proximity to residential areas and public transit.
Rent levels range from 150-300 RMB per square meter per month, competitive for secondary locations in Dalian, where prime malls command 400+ RMB.
Accessibility is good via bus lines and a 10-minute walk from Xinghai Square metro station, though parking is limited to 300 spaces, posing challenges during peak hours. The surrounding demographic profile includes middle-income families (average household income 80,000 RMB annually) aged 25-45, with a focus on affordable lifestyle and entertainment retail.
Market position is solid in the local segment but faces pressure from larger regional malls like Dalian Parc 66.
Leasing advantages include flexible terms for smaller retailers (spaces from 50 sqm) and promotional support from management, though economic slowdowns in Northeast China have impacted overall sales growth, estimated at 5-7% annually per CBRE reports. Potential risks involve seasonal tourism fluctuations and increasing e-commerce competition, which has reduced physical store traffic by 10-15% industry-wide.
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Hours of Operation
Hours
| Monday | 10:00 AM — 09:00 PM |
| Tuesday | 10:00 AM — 09:00 PM |
| Wednesday | 10:00 AM — 09:00 PM |
| Thursday | 10:00 AM — 09:00 PM |
| Friday | 10:00 AM — 10:00 PM |
| Saturday | 10:00 AM — 10:00 PM |
| Sunday | 11:00 AM — 06:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Footfall
The primary catchment area for Dalian Starlight 678 encompasses a 3-5 km radius in Xigang District, serving a population of about 500,000 residents with a median age of 38 and household incomes averaging 75,000-100,000 RMB yearly, per 2023 Dalian Statistical Yearbook. Shopper demographics skew toward young professionals and families, with 60% female visitors seeking value-oriented purchases in apparel and daily necessities. Daily footfall stands at 9,000 on weekdays and up to 15,000 on weekends, driven by local events and promotions, but conversion rates to sales average 20-25%, lower than prime malls due to budget-conscious spending patterns influenced by regional economic factors like manufacturing slowdowns.
Competition and Market Saturation
Dalian Starlight 678 operates in a competitive retail landscape with over 20 malls in the city, including high-end competitors like Dalian Times Square (GLA 200,000 sqm, 95% occupancy) and budget options like InMyShow. Local market saturation in fashion and F&B categories is high, with 15% vacancy risks in similar secondary malls amid e-commerce growth (Taobao/Alibaba capturing 40% of retail spend). Strengths include niche local brand synergies, but weaknesses involve limited international anchors, leading to 5-10% lower sales per sqm (around 5,000 RMB annually) compared to city averages of 6,500 RMB, per JLL China Retail Report 2024. Retailers should assess category overlap with nearby developments.
Lease Terms and Operational Quality
Base rents at Dalian Starlight 678 range from 180 RMB/sqm/month for ground floor spaces to 120 RMB/sqm for upper levels, with turnover rents adding 8-12% of sales, offering flexibility for emerging brands. Lease terms typically span 3-5 years with renewal options, and incentives like 1-2 months free rent for commitments over 100 sqm. Operational quality is average, with modern HVAC and digital signage, but aging infrastructure since 2015 shows minor maintenance issues, such as elevator reliability (downtime 5% annually). Accessibility via metro and roads is strong, yet parking shortages (ratio 1:150 sqm) and competition from online channels pose risks; management turnover rate is low at 10%, supporting stable operations per local CRE insights.
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