<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="30.57183" data-lng="104.06772" data-map-catchment-data-value="{&quot;lat&quot;:&quot;30.57183&quot;,&quot;lng&quot;:&quot;104.06772&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:2500000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km radius&quot;,&quot;description&quot;:&quot;Primary area within 5 km serving core luxury shoppers in central Chengdu&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;20 km radius&quot;,&quot;description&quot;:&quot;Secondary area up to 20 km including greater Chengdu urban population&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;2,500,000 People&quot;,&quot;description&quot;:&quot;Estimated population within 20-km radius, based on Chengdu&#39;s urban density of ~6,500 people/sq km&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;2.5&quot;,&quot;description&quot;:&quot;Annual growth rate for Chengdu urban population, driven by migration and urbanization&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;38 Years&quot;,&quot;description&quot;:&quot;Median age of urban residents in Chengdu, reflecting young professional demographic&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.1 Persons&quot;,&quot;description&quot;:&quot;Average household size in urban Chengdu households&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;35.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Chengdu urban areas&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;55,000 RMB per year&quot;,&quot;description&quot;:&quot;Median annual household income for urban Chengdu, focused on middle-upper class&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Urban unemployment rate in Chengdu, aligned with national averages&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;45 Index (US=100)&quot;,&quot;description&quot;:&quot;Cost of living index for Chengdu, significantly lower than global averages&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;24,500 RMB per year&quot;,&quot;description&quot;:&quot;Annual per capita retail spending in urban China, applicable to Chengdu consumers&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;1,521 RMB per capita&quot;,&quot;description&quot;:&quot;Per capita annual spending on clothing and apparel in China 2024&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;6,000 RMB per capita&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on groceries in urban Chengdu&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;2,500 RMB per capita&quot;,&quot;description&quot;:&quot;Annual per capita spending on consumer electronics in urban areas&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;15,000,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors for a luxury mall of this scale in Chengdu&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average time shoppers spend in the mall, enhanced by immersive design&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase, typical for luxury retail&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;30,000 RMB&quot;,&quot;description&quot;:&quot;Annual sales per square meter, reflecting high-end luxury positioning&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;1,300 Stores&quot;,&quot;description&quot;:&quot;Total number of brands and stores in SKP Chengdu&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;SKP department store and major luxury brands as anchors&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Density&quot;,&quot;description&quot;:&quot;Several luxury malls in Chengdu, but SKP unique in subterranean design&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;Mix of 1,300 global luxury brands across fashion, beauty, and lifestyle&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;200 First stores&quot;,&quot;description&quot;:&quot;Over 200 brands opening their first Sichuan stores&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;260,000 sqm&quot;,&quot;description&quot;:&quot;Total gross leasable area of the retail complex&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;5 Levels&quot;,&quot;description&quot;:&quot;Five underground levels dedicated to retail and facilities&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;1,500 RMB per month&quot;,&quot;description&quot;:&quot;Estimated prime rent for luxury space in Chengdu malls&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Low vacancy due to recent opening and high demand&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Flexibility&quot;,&quot;description&quot;:&quot;Standard 3-5 year leases with some flexibility for luxury tenants&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;10,000 sqm&quot;,&quot;description&quot;:&quot;Estimated available space for new leases&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;High Proximity&quot;,&quot;description&quot;:&quot;Direct access via major Chengdu roads and elevated connections&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Excellent Access&quot;,&quot;description&quot;:&quot;TOD project with integrated metro and bus access&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;2,000 Spaces&quot;,&quot;description&quot;:&quot;Dedicated parking on lower levels for shoppers&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;Surrounded by urban park encouraging walkable access&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Competition&quot;,&quot;description&quot;:&quot;Strong online luxury sales in China impacting physical retail&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;60.0&quot;,&quot;description&quot;:&quot;High adoption of click-and-collect services in luxury malls&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;75.0&quot;,&quot;description&quot;:&quot;Internet penetration rate in Chengdu urban households&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Rate&quot;,&quot;description&quot;:&quot;Chengdu crime index 13/100, very low retail theft&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Advanced Measures&quot;,&quot;description&quot;:&quot;CCTV, guards, and tech surveillance in line with Chinese standards&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Multiple per year Events&quot;,&quot;description&quot;:&quot;Regular luxury brand events and seasonal promotions&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Estimated participation in SKP loyalty programs among visitors&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;High Presence&quot;,&quot;description&quot;:&quot;Extensive digital displays throughout the subterranean space&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;10.0&quot;,&quot;description&quot;:&quot;Expected growth driven by Chengdu&#39;s economic expansion&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Ongoing Pipeline&quot;,&quot;description&quot;:&quot;Continuous addition of global brands&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Planned Plans&quot;,&quot;description&quot;:&quot;Part of SKP&#39;s national expansion, potential future phases&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:2217,&quot;slug&quot;:&quot;tianfu-joy-city&quot;,&quot;name&quot;:&quot;Tianfu Joy City&quot;,&quot;lat&quot;:&quot;30.553&quot;,&quot;lng&quot;:&quot;104.078&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Tianfu Joy City is a 300,000 square meter urban complex in Chengdu&#39;s Tianfu Business District, part of the Tianfu New Area. Opened in late 2023, it includes retail, entertainment, and office components, filling a commercial void and fostering a new hub with nearby developments like Tianfu Merchants Garden City. The tenant mix features diverse categories such as fashion, dining, leisure, and ACGN experiences, optimized via big data as practiced by developer Joy City Property. Chengdu&#39;s retail stock exceeds 8 million square meters, with prime vacancy rates at 6-9 percent and rebounding footfall post-pandemic. The location near Tianfu Park and tech headquarters enhances accessibility through metro Line 18 and highways. Leasing benefits encompass competitive rents, potentially discounted up to 30 percent for spaces under 5,000 square meters, and growth potential from area expansion. Drawbacks involve competition from central malls like IFS and potential saturation in broader Chengdu. Modern infrastructure supports operations, but performance ties to regional economic vitality and demographic shifts toward young professionals.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;Hema Xiansheng, Juxiang Bookstore, Bona International Cinema IMAX, Hailo Fitness Swimming Center, Samsara Specialized Lightning Bicycles&quot;,&quot;distance&quot;:2.31,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;450&quot;,&quot;gla_sqm&quot;:&quot;150000&quot;,&quot;anchor_tenants&quot;:&quot;Hema Xiansheng, Juxiang Bookstore, Bona International Cinema IMAX, Hailo Fitness Swimming Center, Samsara Specialized Lightning Bicycles&quot;}},{&quot;id&quot;:3406,&quot;slug&quot;:&quot;in99&quot;,&quot;name&quot;:&quot;In99&quot;,&quot;lat&quot;:&quot;30.5728&quot;,&quot;lng&quot;:&quot;104.0668&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;The in99 shopping center, located in the Jiaozi Park business district of South Chengdu as part of the Chengdu Yintai Centre mixed-use complex opened in 2017, features over 300 brands focused on luxury streetwear and lifestyle positioning. Key tenants include designer labels like Maison Margiela (southwest China flagship), Vivienne Westwood (first in Chengdu), Alexander McQueen, TOD\&quot;S, Max Mara, and recent addition Fendi Casa (first southwest China store in 2024). Beauty and skincare offerings encompass La Prairie, La Mer, Dior, and niche brands such as Maison Diptyque, while dining emphasizes thematic internet-famous spots like Vintage Element Fresh and Yue Bai Wei. Experiential elements include a SUPERMONKEY gym and five-story kids zone. As of 2021, occupancy was 98% with 70% year-on-year sales growth and over 450,000 members driving footfall. The center targets young trendy consumers, families, and elite business professionals in the financial district, benefiting from synergies with 5A offices, luxury residences, and Waldorf Astoria hotel. Leasing advantages include high member engagement (60% activity rate, average RMB10,000 transaction for black card holders) and district portal effect in a market with prime rents around RMB611 per sq m per month (Q2 2023 city average). Citywide retail stock exceeds 8.46 million sq m with 10.7% vacancy in Q4 2024, highlighting competitive dynamics but in99\&quot;s strong recovery post-pandemic positions it for stable performance amid western China\&quot;s consumption growth.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;UME Cinema, Isetan, Balenciaga, Tiffany \u0026 Co.&quot;,&quot;distance&quot;:0.14,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;190000&quot;,&quot;anchor_tenants&quot;:&quot;UME Cinema, Isetan, Balenciaga, Tiffany \u0026 Co.&quot;}},{&quot;id&quot;:2198,&quot;slug&quot;:&quot;new-century-global-center&quot;,&quot;name&quot;:&quot;New Century Global Center&quot;,&quot;lat&quot;:&quot;30.57111&quot;,&quot;lng&quot;:&quot;104.06056&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;New Century Global Center, located in Tianfu New Area, Chengdu, at No. 1700 North Section, Tianfu Avenue, is a multipurpose complex with 1.76 million sqm total GFA, including 400,000 sqm retail GLA across 6 levels. Opened in 2013 and owned by Entertainment and Travel Group, it positions as a super regional mixed-use destination integrating retail, entertainment, and hospitality. Tenant mix comprises international luxury brands such as Gucci, Louis Vuitton, and Prada; high-street retailers like Zara, H and M, and Uniqlo; diverse F and B outlets; and key anchors including InterContinental Hotel, Crowne Plaza Hotel, Paradise Island Water Park, Olympic-size ice rink, and IMAX cinema, fostering cross-traffic through experiential offerings. It achieves 95% occupancy, surpassing Chengdu&#39;s 89.3% average, with annual footfall of 12 million visitors, 2.5-hour dwell time, and 25% conversion rate. Accessibility is supported by Metro Line 1 (Jincheng Plaza station), major roads, and 1,500 parking spaces, though suburban location implies 25-minute commute from city center. Catchment area includes 3.5 million residents within 5 km, affluent professionals with median household income of 120,000-150,000 RMB annually and per capita retail spending of 28,000 RMB. Average rents stand at 800 RMB per sqm per month, above the city prime of 405 RMB, amid 2.5% YoY decline. Leasing advantages encompass high demand with low 5% vacancy, projected 3-5% footfall growth, tourism synergy, and promotional events enhancing visibility. Potential challenges involve market saturation from 2.9 million sqm new supply, e-commerce competition reducing physical traffic by 20-30% in non-experiential segments, and aging infrastructure increasing maintenance costs.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;InterContinental Hotel, Paradise Island Waterpark, Apple Store&quot;,&quot;distance&quot;:0.69,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;400000&quot;,&quot;anchor_tenants&quot;:&quot;InterContinental Hotel, Paradise Island Waterpark, Apple Store&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:5150,&quot;slug&quot;:&quot;maison-mode&quot;,&quot;name&quot;:&quot;Maison Mode&quot;,&quot;lat&quot;:&quot;30.6517017&quot;,&quot;lng&quot;:&quot;104.0657088&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Maison Mode, situated at No. 18, 2nd Section of Renmin South Road in Chengdu&#39;s central business district, operates as a five-level luxury department store developed by the Sichuan Lessin Group in the early 2000s. This property has solidified its role as a foundational high-end retail venue in western China, housing over 50 international luxury brands such as Gucci, Tiffany \u0026 Co., Chaumet, Ferragamo, Hermes, Celine, Brioni, Ralph Lauren, and Chloe. The tenant mix emphasizes European fashion, jewelry, and accessories, complemented by dining facilities including an Italian restaurant and cafeteria with VIP rooms. Chengdu&#39;s market position benefits from the city&#39;s status as a tier-2 metropolis with a metro population exceeding 20 million and robust economic growth, where luxury retail sales have expanded due to rising affluent consumers. Footfall draws from local high-income professionals, tourists, and business travelers, supported by the area&#39;s fashionable reputation. Occupancy remains high at approximately 95%, reflecting stable demand for premium spaces. Rent levels in this CBD location average 1,500-2,500 RMB per square meter per month, competitive for luxury positioning. Accessibility is strong via nearby metro lines and major roads, though traffic congestion can impact peak-hour visits. Leasing advantages include established brand synergy that enhances cross-traffic and visibility in a dense urban setting, ideal for retailers targeting upscale demographics. Drawbacks involve competition from modern developments like International Finance Square and Taikoo Li, which offer larger scales and newer infrastructure, potentially diluting market share in a saturated luxury segment. Operational quality is solid, with aging elements from its 20-year history requiring occasional upgrades, but overall, it provides a balanced opportunity for luxury tenants amid Chengdu&#39;s dynamic retail evolution.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;Givenchy, Hermes, Marni&quot;,&quot;distance&quot;:8.88,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;30400&quot;,&quot;anchor_tenants&quot;:&quot;Givenchy, Hermes, Marni&quot;}},{&quot;id&quot;:2218,&quot;slug&quot;:&quot;chenghua-joyous-time&quot;,&quot;name&quot;:&quot;Chenghua Joyous Time&quot;,&quot;lat&quot;:&quot;30.65&quot;,&quot;lng&quot;:&quot;104.1&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Chenghua Joyous Time is an urban mixed-use development at the intersection of Yinghui Road and Middle Ring Road in Chenghua District, Chengdu, Sichuan Province, China. Covering 250,000 square meters of commercial space, it integrates retail, entertainment, and residential elements, positioned near Chengdu East Railway Station with dual TOD connectivity via metro lines. Opened in 2025, it targets young urban consumers with trendy offerings, including international retailers like Toys\&quot;R\&quot;Us, diverse F\u0026B options, lifestyle stores, and leisure facilities. The tenant mix emphasizes experiential retail, with approximately 40% dedicated to fashion and accessories, 30% to dining, and 20% to entertainment. In Chengdu\&quot;s retail landscape, where Savills reports a Q2 2025 citywide vacancy rate of 10.3% and Cushman \u0026 Wakefield notes average rents at RMB 2,130 per sqm per month, this property provides leasing advantages through competitive pricing and high accessibility. Footfall potential is bolstered by the station\&quot;s daily traffic exceeding 100,000 passengers and surrounding residential density of over 1 million in Chenghua District. Market position strengthens from proximity to established centers like Taikoo Li and MixC, yet faces saturation risks in the eastern suburbs. Operational quality features modern infrastructure, energy-efficient designs, and digital integration for tenant operations. Drawbacks include nascent brand recognition, potential access congestion during peak hours, and vulnerability to economic fluctuations impacting discretionary spending. Overall, it suits mid-tier retailers seeking growth in a developing area with improving demographics.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;Super Anchor (TBD), 9 Core Anchors (Department Store, Supermarket, Entertainment)&quot;,&quot;distance&quot;:9.22,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;160000&quot;,&quot;anchor_tenants&quot;:&quot;Super Anchor (TBD), 9 Core Anchors (Department Store, Supermarket, Entertainment)&quot;}},{&quot;id&quot;:1876,&quot;slug&quot;:&quot;raffles-city-chengdu&quot;,&quot;name&quot;:&quot;Raffles City Chengdu&quot;,&quot;lat&quot;:&quot;30.657&quot;,&quot;lng&quot;:&quot;104.058&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Raffles City Chengdu is a CapitaLand-owned mixed-use development opened in 2013, located in Chengdu&#39;s CBD at Renmin South Road and First Ring Road intersection, near Tianfu Square. Retail GLA: 240,000 sqm over 5 levels, 250 tenants. Mix: 40% fashion/luxury (e.g., Uniqlo, Sephora, Apple), 30% F\u0026B (100+ eateries incl. Starbucks, McDonald&#39;s), 15% entertainment (cinema, arcade), 15% services. Anchors drive cross-shopping. Integrated with offices, hotel, residences for steady footfall. Occupancy 92-95%; monthly footfall 1.25M, dwell 2.5hrs, 25% conversion. Rents: RMB 3,500-5,000/sqm/mo (prime, vs city 2,130). Metro access (Lines 1,6), 2,000 parking. Demographics: 2.5M in 5km radius, median age 38, income ~80k RMB/hh/yr, affluent young professionals in tech/finance. Market: Chengdu 21M pop, GDP \u003e2T RMB; strong position but high competition from IFS, Taikoo Li; city vacancy 10.3% Q2/2025, low leasing activity. Advantages: synergies, events; challenges: high rents, saturation in luxury.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;Uniqlo, Sephora, Apple Store, Lumiere Pavilions Cinema&quot;,&quot;distance&quot;:9.52,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;240000&quot;,&quot;anchor_tenants&quot;:&quot;Uniqlo, Sephora, Apple Store, Lumiere Pavilions Cinema&quot;}},{&quot;id&quot;:3508,&quot;slug&quot;:&quot;chicony-plaza&quot;,&quot;name&quot;:&quot;Chicony Plaza&quot;,&quot;lat&quot;:&quot;30.657084&quot;,&quot;lng&quot;:&quot;104.07418&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Chicony Plaza is a six-level shopping mall located at 8 South Chunxi Road in central Chengdu, China, opened in 2012 with a gross leasable area of 111,500 square meters and approximately 200 retail stores. Owned by Chicony Group, it forms part of a mixed-use complex and benefits from excellent accessibility, including proximity to main roads, robust public transportation options, high pedestrian traffic, and around 1,000 parking spaces. The tenant mix features premium anchors such as Isetan department store, Uniqlo, H and M, Rolex, and Gucci, alongside diverse categories emphasizing fashion, luxury goods, dining, and home decor. Visitor motivations include 40 percent for shopping, 35 percent for dining, and 25 percent for home decor, with an average dwell time of 120 minutes and a 20 percent conversion rate. Annual footfall reaches 5 million visitors, supported by a primary catchment area of 5 kilometers encompassing 2.5 million residents with a median age of 37, household size of 2.6, 30 percent tertiary education rate, median household income of 100,000 RMB, and per capita retail spending of 33,440 RMB annually. The property maintains a 10 percent vacancy rate, with 5,000 square meters of available space and an ongoing pipeline for new tenants. Average rent stands at 4,800 RMB per square meter per year, with sales per square meter at 10,000 RMB. As a premium retail destination, it leverages frequent promotional events, 70 percent loyalty program penetration, digital signage, and advanced security, contributing to low retail crime rates. However, high e-commerce penetration at 85 percent and click-and-collect adoption pose competitive pressures. Leasing advantages include medium-term flexibility, strong anchor presence driving traffic, and projected 5 percent annual footfall growth amid 1.5 percent population increase. Potential challenges encompass high competitor density in key categories, market saturation in central Chengdu, and gaps in family-friendly amenities or diverse international dining options that could affect long-term appeal. Operational quality is solid, though aging infrastructure from 2012 construction may require maintenance investments. Overall, it suits retailers targeting mid-to-upper income urban professionals in a vibrant commercial hub, balanced against regional economic factors like 5.2 percent unemployment and a cost of living index of 105.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;Isetan, Uniqlo, H\u0026M, Rolex, Gucci&quot;,&quot;distance&quot;:9.5,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;90000&quot;,&quot;anchor_tenants&quot;:&quot;Isetan, Uniqlo, H\u0026M, Rolex, Gucci&quot;}},{&quot;id&quot;:2220,&quot;slug&quot;:&quot;cosmo-mall-chengdu&quot;,&quot;name&quot;:&quot;Cosmo Mall Chengdu&quot;,&quot;lat&quot;:&quot;30.66&quot;,&quot;lng&quot;:&quot;104.07&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Cosmo Mall Chengdu, located at No. 6 Dayue City, Kehua North Road in Jinjiang District, is an eight-story shopping and lifestyle center opened in recent years, targeting young urban consumers with a focus on trendy fashion, creative boutiques, and experiential retail. Spanning approximately 50,000 square meters of gross leasable area, it positions itself as an international hub for youth culture in Chengdu, a city with a population exceeding 21 million and a robust retail market valued at over RMB 900 billion in consumer goods sales in 2024. The tenant mix emphasizes emerging Chinese designers, streetwear brands, pop-up shops, and entertainment venues including a cinematic experience zone and art exhibits, complemented by dining options featuring casual eateries and cafes. Accessibility is strong via metro Line 1 (Tianfu Square Station nearby) and major roads, though parking can be limited during peak hours. In Chengdu&#39;s competitive retail landscape, where prime mall vacancy rates averaged 9.6% in Q2 2024 and first-floor rents reached RMB 414 per square meter per month, Cosmo Mall benefits from its niche in creative and experiential categories, attracting footfall from demographics aged 18-35. Leasing advantages include flexible spaces for pop-ups (starting at 50 sqm) and turnover rents tied to sales performance, potentially lowering base commitments to RMB 300-450 per sqm monthly. However, challenges include market saturation in fashion retail and slower overall consumption growth of 2.9% YoY in 2024, impacting non-essential spending. Operational quality is high with modern infrastructure, but competition from larger anchors like Chengdu IFS and Taikoo Li may dilute traffic for secondary tenants. Overall, it suits innovative retailers seeking visibility among affluent youth, though risks involve economic slowdowns affecting discretionary purchases.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;Clot, 1807, BAPE, local streetwear brands&quot;,&quot;distance&quot;:9.81,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;85000&quot;,&quot;anchor_tenants&quot;:&quot;Clot, 1807, BAPE, local streetwear brands&quot;}},{&quot;id&quot;:1874,&quot;slug&quot;:&quot;taikoo-li-chengdu&quot;,&quot;name&quot;:&quot;Taikoo Li Chengdu&quot;,&quot;lat&quot;:&quot;30.6557373&quot;,&quot;lng&quot;:&quot;104.0806158&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Taikoo Li Chengdu is an upscale open-air retail destination developed by Swire Properties, located in the affluent Mix One (Mixc) area of Chengdu&#39;s Tianfu New Area. Spanning approximately 80,000 square meters, it features a mix of luxury fashion, lifestyle, and dining options, attracting a high-income demographic with its modern architecture and pedestrian-friendly design. The property opened in 2015 and has established itself as a premium shopping hub in western China, benefiting from Chengdu&#39;s rapid economic growth and expanding consumer base. Key tenants include international luxury brands such as Gucci, Louis Vuitton, and Burberry, alongside local and regional retailers, upscale restaurants like Din Tai Fung, and entertainment venues. Market position is strong, with occupancy rates consistently above 95% as per recent commercial real estate reports, driven by high footfall estimated at over 10 million annual visitors. Rent levels are premium, averaging around RMB 1,500-2,500 per square meter per year, reflecting its desirability but posing challenges for mid-tier retailers. Accessibility is excellent via metro lines and proximity to residential and office districts, enhancing dwell time. Tenant mix emphasizes experiential retail, with 40% fashion, 30% F\u0026B, and 20% lifestyle services, supporting cross-category traffic. Leasing advantages include flexible spaces from 100 to 5,000 square meters, strong marketing support from the developer, and integration with adjacent developments like office towers. However, potential drawbacks involve intense competition from nearby malls such as IFS Chengdu and high operational costs due to the open-air format, which may affect year-round performance in Chengdu&#39;s variable climate. Market factors include a saturated luxury segment in Chengdu, with retail sales growth slowing to 5-7% annually post-pandemic, per industry data, requiring tenants to focus on unique positioning to mitigate risks like economic slowdowns impacting discretionary spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;Gucci, Cartier, Hermès, Ralph Lauren&quot;,&quot;distance&quot;:9.41,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;122000&quot;,&quot;anchor_tenants&quot;:&quot;Gucci, Cartier, Hermès, Ralph Lauren&quot;}},{&quot;id&quot;:2199,&quot;slug&quot;:&quot;chunxi-road-mall&quot;,&quot;name&quot;:&quot;Chunxi Road Mall&quot;,&quot;lat&quot;:&quot;30.6598&quot;,&quot;lng&quot;:&quot;104.0645&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Chunxi Road serves as Chengdus premier pedestrian shopping district, encompassing multiple interconnected malls and retail complexes totaling over 300,000 sqm of gross floor area in the core submarket. Located in the Jinjiang District, it functions as the citys central business and leisure hub, drawing significant tourist and local traffic due to its historical significance and modern upgrades. The area features a mix of luxury anchors like Chengdu IFS and Taikoo Li, alongside mid-tier options such as Suning Plaza and Parkson, hosting over 700 outlets. Tenant composition emphasizes fashion (40%), F\u0026B (25%), and entertainment (15%), with international brands including Gucci, Louis Vuitton, and Uniqlo dominating high streets. Market position remains strong, with the submarket contributing to Chengdus 8.2 million sqm prime retail stock as of early 2025, ranking third nationally after Beijing and Shanghai. Leasing advantages include robust footfall exceeding 50 million annual visitors pre-pandemic levels recovering to 80% in 2023, supported by excellent accessibility via four metro lines and proximity to residential zones. However, challenges arise from market saturation, with citywide vacancy at 10.3% in Q2 2025, and downward rent pressure amid e-commerce competition. Operational quality is high, with recent renovations enhancing experiential elements like pop-up events and cultural integrations, though aging infrastructure in some segments requires ongoing investment. Demographic profile targets affluent millennials and Gen Z, aligned with Chengdus 21 million population and RMB 910 billion retail sales in 2022, up slightly in 2024 due to tourism rebound.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;Lane Crawford, Louis Vuitton, Gucci, Dior&quot;,&quot;distance&quot;:9.79,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;700&quot;,&quot;gla_sqm&quot;:&quot;210000&quot;,&quot;anchor_tenants&quot;:&quot;Lane Crawford, Louis Vuitton, Gucci, Dior&quot;}},{&quot;id&quot;:3169,&quot;slug&quot;:&quot;cosmo-plaza&quot;,&quot;name&quot;:&quot;Cosmo Plaza&quot;,&quot;lat&quot;:&quot;30.652&quot;,&quot;lng&quot;:&quot;104.071&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Cosmo Plaza is a mid-sized retail center in Jinniang District, Chengdu, with a gross leasable area of 100,000 square meters across eight levels, constructed in 2007 and managed by Chengdu Shangpu. Positioned as a hub for youth culture, it targets the citys vibrant young demographic in a market where Chengdus retail stock exceeds 8.3 million square meters and consumer goods sales reached over RMB 900 billion in 2024. The tenant mix comprises over 150 units, with fashion accounting for 40%, lifestyle 30%, and food and beverage 20%, featuring emerging Chinese designers, streetwear brands, pop-up shops, entertainment zones, and casual dining options. Anchors include local brands and international pop-ups, supporting experiential retail amid a citywide average vacancy rate of 9.6% in Q2 2024. Occupancy stands at 92%, above the market average, with average monthly footfall of 1 to 1.5 million visitors, driven by proximity to Sichuan University and metro Line 1 at Tianfu Square Station, though urban congestion poses access challenges. Rent levels range from RMB 250 to 450 per square meter per month, competitive for the segment, with leasing advantages including flexible terms of 3 to 5 years, turnover rents tied to sales, percentage clauses at 8-12% over breakpoints, and incentives like 3-6 months free rent for commitments over five years. The primary catchment covers a 5 km radius with 2.5 million residents, median age 32, and household income of RMB 137,000 annually, focusing on 18-35 year-olds in tech and creative sectors. Operational quality is high with modern facilities, frequent events, and advanced security, but faces risks from market saturation in fashion, e-commerce competition eroding 20% of similar outlets sales in 2024, and sensitivity to youth unemployment at 15%. Competition from Taikoo Li and Chicony Plaza may dilute traffic, yet the plazas niche in creative spaces offers visibility for innovative retailers seeking young, affluent consumers in a stable supply environment with no major new malls in core areas.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;1807,BAPE,Randomevent&quot;,&quot;distance&quot;:8.92,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;85000&quot;,&quot;anchor_tenants&quot;:&quot;1807,BAPE,Randomevent&quot;}},{&quot;id&quot;:2847,&quot;slug&quot;:&quot;ufun-shopping-mall&quot;,&quot;name&quot;:&quot;Ufun Shopping Mall&quot;,&quot;lat&quot;:&quot;30.6205&quot;,&quot;lng&quot;:&quot;104.0502&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Ufun Shopping Mall, located at 300 Jiaozi Avenue in Wuhou District, Chengdu, is a premium retail destination that opened in 2018. Spanning 120,000 square meters of gross floor area with approximately 80,000 square meters of leasable space, it is owned by KWG Properties Holdings and features 1,500 parking spaces. The mall positions itself as a creative retail environment, designed by Lead8, emphasizing experiential shopping with a mix of international fashion brands, local retailers, F\u0026B outlets, and leisure facilities. Anchor tenants include Armani Exchange, Marc O&#39;Polo, and Uooyaa, contributing to a tenant mix that balances mid-to-high-end apparel, beauty, dining, and entertainment options. In Chengdu&#39;s retail market, which totals about 8.4 million square meters of stock as of Q1 2024 with a citywide vacancy rate of 10%, Ufun benefits from its location in the affluent financial district, attracting young professionals and families. Average first-floor rents hover around RMB 414 per square meter per month, aligning with market levels. Leasing advantages include flexible terms for emerging brands and proximity to business hubs, enhancing accessibility via metro and roads. However, challenges include competition from established malls like Chengdu IFS and Taikoo Li, potential footfall variability due to economic slowdowns (retail sales growth at 1.9% YoY Jan-Aug 2024), and the need for ongoing investment in tenant curation to maintain vibrancy amid market saturation in fashion categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;Armani Exchange,Marc O&#39;Polo,Uooyaa&quot;,&quot;distance&quot;:5.67,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;120000&quot;,&quot;anchor_tenants&quot;:&quot;Armani Exchange,Marc O&#39;Polo,Uooyaa&quot;}},{&quot;id&quot;:1875,&quot;slug&quot;:&quot;xichen-paradise-walk&quot;,&quot;name&quot;:&quot;Xichen Paradise Walk&quot;,&quot;lat&quot;:&quot;30.7&quot;,&quot;lng&quot;:&quot;104.05&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Xichen Paradise Walk is a retail component of a mixed-use development in the heart of western Chengdu&#39;s Jinniu District, completed in 2019 by Longfor Group as part of their third-generation Paradise Walk series. Spanning approximately 60,000 square meters of gross leasable area across multiple levels, it integrates shopping, dining, and leisure spaces within an iconic architectural design featuring geometric facades and multi-level access points. The property benefits from its position adjacent to office towers, serviced apartments, and growing residential neighborhoods, drawing a catchment of middle-income families and young professionals in an area with over 500,000 residents within a 3-km radius. Tenant mix emphasizes lifestyle retail, with anchors including international brands like Swarovski for fashion and accessories, alongside domestic players in F\u0026B such as Haidilao hotpot and local eateries like Kao Jiang, comprising about 40% dining, 35% fashion and lifestyle, 15% entertainment, and 10% services. Occupancy stands at 97-99%, above the Chengdu average of 90.4%, supported by strong local demand in a market where retail sales grew 8% year-over-year in 2024. Rent levels average RMB 350-450 per sqm per month on prime floors, competitive within Jinniu District&#39;s mid-tier segment. Accessibility is enhanced by proximity to Metro Line 2 (Xipu Station, 800m walk) and major roads like Xishun Street, with 1,200 parking spaces onsite. Market position as a community-focused hub offers leasing advantages like flexible spaces (50-5,000 sqm) and promotional tie-ins with residential amenities, though challenges include seasonal footfall dips and competition from larger regional malls. Overall, it suits mid-market retailers targeting everyday consumers in a stabilizing post-pandemic retail environment with projected 5-7% annual growth in western Chengdu.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;Uniqlo, H\u0026M, Wanda Cinema, RT-Mart&quot;,&quot;distance&quot;:14.35,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;105000&quot;,&quot;anchor_tenants&quot;:&quot;Uniqlo, H\u0026M, Wanda Cinema, RT-Mart&quot;}},{&quot;id&quot;:2221,&quot;slug&quot;:&quot;sinohydro-vary-international&quot;,&quot;name&quot;:&quot;Sinohydro Vary International&quot;,&quot;lat&quot;:&quot;30.6595&quot;,&quot;lng&quot;:&quot;104.0657&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Sinohydro Vary International, located in Chengdu, has undergone conversion to an outlet mall format, aligning with market trends toward value-oriented retail amid intense competition. Chengdu&#39;s prime retail stock exceeds 8.19 million sq m, third largest in China, supporting diverse consumer needs in a city with 21 million metropolitan residents and rising middle-class spending. The property targets discount shoppers with a tenant mix of international brands like apparel and accessories from Nike, Adidas, and local equivalents, complemented by F\u0026B outlets for extended visits. Leasing advantages include lower rents compared to central malls, estimated at RMB 400-700 per sq m monthly, and flexible terms for outlet operators. Accessibility relies on proximity to major roads and public transit in suburban zones, with parking for 1,000+ vehicles. Demographic profile features young families and urban millennials, driving footfall of 800,000-1.2 million monthly visitors based on similar outlets. Occupancy stands at 85%, reflecting steady demand post-repositioning. However, challenges include competition from Florentia Village and Times Outlet, potential aging infrastructure from prior use, and market saturation in discounted goods. Operational quality focuses on promotions and events to boost traffic, but risks involve economic slowdowns affecting discretionary spending. This setup provides balanced opportunities for retailers in non-prime segments, emphasizing cost efficiency and targeted marketing.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;Various international brands like Nike, Adidas, and local outlets&quot;,&quot;distance&quot;:9.75,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Various international brands like Nike, Adidas, and local outlets&quot;}},{&quot;id&quot;:1873,&quot;slug&quot;:&quot;ifs-chengdu&quot;,&quot;name&quot;:&quot;Ifs Chengdu&quot;,&quot;lat&quot;:&quot;30.6603&quot;,&quot;lng&quot;:&quot;104.0697&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Located in Chengdu&#39;s Chunxi Road core business district at the intersection of Hongxing Road and Dacisi Road, IFS Chengdu is a flagship luxury shopping mall with 210,000 square meters of gross floor area, integrated into a larger urban complex exceeding 760,000 square meters that includes Grade-A offices, the Niccolo Hotel with 230 rooms, and high-end residences. Developed by Wharf Holdings, it serves as a landmark for premium retail, hosting over 300 international brands focused on first-to-market stores and exclusive launches. The tenant mix comprises approximately 40% luxury fashion from brands like Chanel, Louis Vuitton, Gucci, and Prada; 20% jewelry and watches from Tiffany \u0026 Co. and Rolex; 15% dining with global cuisines at venues like Morton&#39;s Steakhouse; 10% anchored by Lane Crawford department store; and the remainder in lifestyle, children&#39;s wear, and accessories. This composition targets high-end consumers, enhancing cross-category traffic. In Chengdu&#39;s retail market, where total mall stock surpasses 10 million square meters and vacancy rates hovered around 10% in 2024, IFS maintains a strong position with estimated occupancy above 95%, driven by innovative events and digital engagement that have earned international awards. Leasing advantages include robust footfall from the city&#39;s 21 million residents, particularly young professionals aged 25-40 with average monthly incomes over RMB 20,000, and tourists contributing to seasonal peaks. Accessibility is excellent via Metro Lines 2 and 6, major bus routes, and proximity to the financial hub, supporting daily visitor counts in the tens of thousands. However, potential challenges encompass premium rent levels of RMB 414-643 per square meter per month on prime floors, intense competition from nearby luxury destinations like Taikoo Li and Raffles City, market saturation in high-end segments amid slower retail sales growth of 1.9% YoY through 2024, and risks from economic factors affecting luxury spending. Operational quality remains high, with modern infrastructure and a focus on experiential retail, though aging elements in surrounding areas could indirectly impact perceptions.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;Lane Crawford, Louis Vuitton, Gucci, Chanel, Hermes, Apple&quot;,&quot;distance&quot;:9.84,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;210000&quot;,&quot;anchor_tenants&quot;:&quot;Lane Crawford, Louis Vuitton, Gucci, Chanel, Hermes, Apple&quot;}},{&quot;id&quot;:3402,&quot;slug&quot;:&quot;lan-kwai-fong-chengdu&quot;,&quot;name&quot;:&quot;Lan Kwai Fong Chengdu&quot;,&quot;lat&quot;:&quot;30.6628&quot;,&quot;lng&quot;:&quot;104.0702&quot;,&quot;property_type&quot;:&quot;Entertainment&quot;,&quot;description&quot;:&quot;Lan Kwai Fong Chengdu is a mixed-use entertainment and lifestyle destination located in the Chengdu Hi-Tech Industrial Development Zone, covering approximately 43,000 square meters. Opened in 2010, it draws inspiration from Hong Kong&#39;s Lan Kwai Fong, focusing on nightlife, dining, and leisure experiences. The development features a central plaza with ETFE canopy architecture, enhancing its vibrant atmosphere. In the broader Chengdu retail market, which has a total stock of over 8 million square meters in shopping malls with an average vacancy rate of around 10% as of 2024, Lan Kwai Fong positions itself as a niche player emphasizing experiential retail rather than traditional shopping. Tenant mix is dominated by entertainment venues including nightclubs, bars, KTVs, and multi-functional spaces, alongside global and local restaurants, with limited but targeted retail in lifestyle and wellness categories such as coffee shops and health services. Footfall is strong during evenings and weekends, benefiting from the young professional demographic in the Hi-Tech Zone, where residents have higher disposable incomes averaging RMB 5,000-7,000 monthly. Accessibility is supported by proximity to Metro Line 1 and major highways, though traffic congestion can pose challenges during peak hours. Leasing advantages include flexible spaces for pop-up or experiential retail concepts that align with the entertainment theme, potentially lower rents compared to prime malls like IFS (estimated RMB 400-600 per sq m per month versus RMB 800+ in core areas), and opportunities to capture impulse purchases from nightlife crowds. However, drawbacks include seasonal fluctuations in visitor numbers, heavy competition from established malls with broader tenant mixes, and reliance on evening traffic which may limit daytime retail performance. Market saturation in Chengdu&#39;s entertainment sector, with over 20 similar districts, adds risks of diluted footfall. Operational quality is maintained through regular events and promotions, but aging infrastructure since 2010 could require future investments. Overall, it suits retailers in F\u0026B, fashion accessories, or wellness that thrive on nightlife synergy, but demands careful evaluation of non-traditional retail metrics.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;Starbucks, Tony Roma&#39;s, Lei Garden&quot;,&quot;distance&quot;:10.12,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;34400&quot;,&quot;anchor_tenants&quot;:&quot;Starbucks, Tony Roma&#39;s, Lei Garden&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:3159,&quot;slug&quot;:&quot;wanda-plaza-chengdu&quot;,&quot;name&quot;:&quot;Wanda Plaza Chengdu&quot;,&quot;lat&quot;:&quot;30.713&quot;,&quot;lng&quot;:&quot;104.065&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Wanda Plaza Chengdu, situated in Jinniu District, serves as a prominent integrated commercial development by Wanda Group, encompassing approximately 250,000 square meters of gross leasable area across retail, entertainment, dining, and office components. Established in 2015, the property anchors a vibrant urban hub with direct connectivity to Metro Lines 1, 5, and 7, as well as proximity to Chengdu North Railway Station, facilitating robust accessibility for the citys 21 million metropolitan population. Footfall averages 50,000 daily visitors, driven by its family-oriented attractions including Wanda Cinemas, ice skating rink, and diverse F\u0026B outlets. The tenant mix balances international apparel brands such as Uniqlo, H\u0026M, and Zara with local retailers, complemented by over 100 dining options ranging from quick-service to mid-tier restaurants, achieving an occupancy rate of 92% as of mid-2025 per Savills reports. In Chengdus retail landscape, where overall mall vacancy stabilized at 10% amid 6.5% YoY sales growth through May 2025, Wanda Plaza positions as a value-driven destination appealing to middle-income demographics with median household incomes around 80,000 RMB annually. Leasing advantages include competitive base rents of 800-1,100 RMB per square meter monthly, turnover rent structures, and marketing support, though drawbacks encompass market saturation with over 20 major malls, e-commerce competition eroding 15% of physical sales, and occasional infrastructure maintenance needs in a maturing asset. Operational quality remains solid with 24/7 security and digital integration, yet risks involve shifting consumer preferences toward experiential retail, potentially pressuring non-anchor tenants amid broader economic recovery post-2024 slowdowns.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;Wanda Department Store, Carrefour, H\u0026M, Zara, Wanda Cinemas&quot;,&quot;distance&quot;:15.7,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;350&quot;,&quot;gla_sqm&quot;:&quot;210000&quot;,&quot;anchor_tenants&quot;:&quot;Wanda Department Store, Carrefour, H\u0026M, Zara, Wanda Cinemas&quot;}},{&quot;id&quot;:5366,&quot;slug&quot;:&quot;paradise-walk-chengdu&quot;,&quot;name&quot;:&quot;Paradise Walk Chengdu&quot;,&quot;lat&quot;:&quot;30.710714&quot;,&quot;lng&quot;:&quot;104.067458&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Paradise Walk Chengdu, developed by Longfor Group under their Paradise Walk brand, is a 90,000 sqm retail complex opened in 2019 located at 339 Xishun Street in western Chengdu. As part of a mixed-use development with office towers and residential components, it functions as a community-oriented retail destination in an expanding urban submarket. The tenant mix allocates over 40% to F\u0026B outlets including Haidilao hotpot, Hongxiashe, and Kaojiang, complemented by fashion brands like Uniqlo and H\u0026M, beauty services, entertainment such as Wanda Cinema, and a total of 180 stores anchored by RT-Mart. This composition drives cross-category traffic and supports a 120-minute average dwell time. In Chengdu&#39;s retail market, featuring 8.52 million sqm of stock and 2.9% year-on-year sales growth through 2024, the property holds a solid position with 97% occupancy against citywide rates of 9.6% to 10.3%, bolstered by limited new supply and integrated residential footfall. Leasing advantages encompass prime rents at RMB 414 per sqm per month, annual sales of RMB 120,000 per sqm, and a 25% conversion rate, appealing to retailers in lifestyle and dining segments. Accessibility is facilitated by metro proximity, major roads, and 1,500 parking spaces, though peak-hour congestion presents minor challenges. Drawbacks include competition from central venues like IFS and Taikoo Li, e-commerce penetration at 30% of sales, and potential saturation in F\u0026B categories amid broader economic pressures on middle-income spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Chengdu&quot;},&quot;anchor_tenants&quot;:&quot;Uniqlo, H\u0026M, Wanda Cinema, RT-Mart&quot;,&quot;distance&quot;:15.44,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;91352&quot;,&quot;anchor_tenants&quot;:&quot;Uniqlo, H\u0026M, Wanda Cinema, RT-Mart&quot;}}]}" data-map-update-url-value="/malls/skp-chengdu" id="mall-map-wrapper"><div data-city="Chengdu" data-current-mall="true" data-id="skp-chengdu" data-lat="30.57183" data-lng="104.06772" data-map-target="mall" data-name="Skp Chengdu" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km radius</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">20 km radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">2,500,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">2.5</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">55,000 RMB per year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">45 Index (US=100)</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">24,500 RMB per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">1,521 RMB per capita</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">6,000 RMB per capita</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">2,500 RMB per capita</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">15,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">30,000 RMB</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">1,300 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Medium Density</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Diversity</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">260,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">5 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">1,500 RMB per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Proximity</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Excellent Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">2,000 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Traffic</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">60.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">75.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Advanced Measures</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Multiple per year Events</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">40.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">High Presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">10.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Ongoing Pipeline</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Planned Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>