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Hypermarket TrafficFamily EntertainmentCinema & LeisureHome & LifestyleTourist & Duty-Free

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Market Village Hua Hin, opened in February 2006, spans over 70,000 square meters on 9.49 acres with three retail floors in central Hua Hin, Prachuap Khiri Khan Province, Thailand. As the first large-scale shopping and entertainment complex in this beach resort town, it holds a established position in the local retail landscape, attracting a mix of domestic tourists, international visitors, and residents.

The tenant mix includes anchor stores such as Lotus's hypermarket, HomePro for home improvement, Major Cineplex with four screens, Supersports, B2S bookstore, and Sports World, alongside fashion outlets ranging from affordable to mid-range brands, a food court, diverse restaurants, and a bowling alley. This variety supports everyday shopping and leisure needs, with operational quality maintained through air-conditioned spaces and central accessibility via Petchkasem Road.

In Hua Hins retail market, which benefits from tourism recovery in 2025 with hotel occupancy at 85%, the mall sees steady footfall estimated in the thousands daily during peak seasons, driven by its proximity to hotels and beaches.

Leasing advantages include flexible terms for smaller retailers, potential footfall from 2-3 million annual visitors based on regional tourism data, and a balanced category mix that mitigates risks from seasonal fluctuations. However, challenges arise from the newer Bluport Hua Hin Resort Mall, opened in 2019, which draws upscale shoppers with modern design and premium tenants, potentially pressuring occupancy and rents.

Market saturation in tourist-driven retail is evident, with overall Hua Hin retail vacancy low but competition intensifying.

Rent levels average 500-800 THB per sqm monthly for prime spaces, per commercial reports, offering value for established tenants but requiring strong sales performance amid economic pressures on discretionary spending.

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Hours of Operation

Hours

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Monday10:30 AM — 09:00 PM
Tuesday10:30 AM — 09:00 PM
Wednesday10:30 AM — 09:00 PM
Thursday10:30 AM — 09:00 PM
Friday10:30 AM — 10:00 PM
Saturday10:30 AM — 10:00 PM
Sunday10:30 AM — 09:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

234/1 Phetkasem Road, Hua Hin, Thailand

Insights

Demographics and Footfall

Hua Hin demographics feature a blend of local Thai residents, affluent expats, and seasonal tourists, primarily from Europe, Russia, and domestic markets, with a median age around 40-50 due to retiree influx. Market Village benefits from this profile, drawing families for anchors like Lotus's and entertainment seekers for Cineplex. Footfall peaks at 5,000-10,000 daily in high season (November-February), supported by 2025 tourism data showing 133,650 hotel bookings over long weekends, though off-peak dips to 2,000-3,000 reflect seasonal risks. Accessibility via major roads enhances draw, but traffic congestion poses minor challenges.

Tenant Mix and Occupancy

The tenant mix emphasizes value-oriented retail with 200+ stores across fashion, electronics, and services, anchored by hypermarkets and cinemas that drive 60-70% of traffic. Occupancy remains high at approximately 90-95%, per regional mall trends, due to strong anchor commitments and tourism rebound. Operational quality includes reliable maintenance, but aging infrastructure from 2006 opening may require updates. Lease terms favor mid-tier brands with rents at 400-700 THB per sqm, providing stability but limited premium positioning compared to competitors.

Competition and Market Risks

Primary competition stems from Bluport Hua Hin, a 100,000 sqm resort-style mall with upscale fashion and dining, capturing 40% of new retail growth since 2019 and diverting younger, higher-spending demographics. This intensifies market saturation, with Hua Hin retail supply up 20% in recent years, pressuring weaker categories like general merchandise. Risks include economic sensitivity to tourism downturns, potential 5-10% rent adjustments downward, and access issues from urban expansion. Balanced tenant strategies and diversification into experiential retail are key to mitigating these factors.

Building Details

Property Type
Shopping Centre
Gross Leasable Area
50,000
Year Built
2006
Parking Spaces
1000
Average Monthly Footfall
416,667
Owner
Market Village Co., Ltd.
Anchor Tenants
Tesco Lotus, HomePro, Major Cineplex

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
50 km
Catchment area population
100,000 People
Population growth rate
1.5 %
Median age
36 Years
Household size
3.2 Persons
Education level (tertiary)
25.0 %

Median household income
30,000 THB per month
Unemployment rate
0.9 %
Cost of living index
70 Index (Bangkok=100)

Retail spending per capita
2,000 USD
Spending on apparel
96 USD per person
Spending on groceries
1,200 USD per household
Spending on electronics
300 USD per person

Annual foot traffic
5,000,000 Visitors
Dwell time
2 Hours
Conversion rate
30.0 %
Sales per square meter
10,000 THB

Number of retail stores
150 Stores
Anchor tenant presence
Yes
Competitor density (same category)
Medium
Tenant diversity
High
Unique Concepts
Waterfront access

Gross Leasable Area
50,000 sqm
Number of Levels
4 Levels
Average rent per square meter
900 THB per month
Vacancy rate
5.0 %
Lease term flexibility
Medium
Available retail space
nan sqm

Proximity to main roads
Direct
Public transport access
Good
Parking spaces
1,000 Spaces
Pedestrian traffic
High

E-commerce competition
High
Click-and-collect adoption
20.0 %
Internet penetration
80.0 %

Retail crime rate
Low
Security measures
CCTV and guards

Promotional events
Yes
Loyalty program penetration
40.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
Yes
Mall expansion plans
Phase 2 underway
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Hua Hin

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