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Town Square is a mixed-use shopping and entertainment complex located in the heart of Jeddah, Saudi Arabia. The mall is well-known for its diverse range of retail outlets, including international brands and local stores. With over 250,000 square feet of Gross Leasable Area (GLA), it offers a variety of dining, entertainment, and leisure options, making it a key destination for both shopping and socializing.

Despite its popularity, Town Square faces challenges related to high competition from newer malls and shifting consumer behavior towards online shopping. It also has limited parking during peak hours, which can be a deterrent for shoppers. The mall's layout, although spacious, is not optimized for foot traffic flow, which may affect the overall shopping experience.

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Hours of Operation

Hours

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Monday10:00 AM — 11:00 PM
Tuesday10:00 AM — 11:00 PM
Wednesday10:00 AM — 11:00 PM
Thursday10:00 AM — 11:00 PM
Friday02:30 PM — 11:00 PM
Saturday10:00 AM — 11:00 PM
Sunday10:00 AM — 11:00 PM
Holiday Hours

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

7258 Abdullah Sulayman St, Jeddah, Saudi Arabia

Insights

Parking and Accessibility

The mall struggles with parking capacity, especially during peak times, making it less convenient for customers. Retailers should consider the possibility of reduced foot traffic during busy hours due to this issue.

Competition

Town Square is facing increasing competition from newer, more modern malls in Jeddah, which could impact future foot traffic and sales. Retailers should consider the current market dynamics when evaluating a potential lease here.

Foot Traffic and Layout

While Town Square has a large GLA, its layout is not designed to facilitate optimal foot traffic flow. This may impact the number of shoppers visiting individual stores and their overall experience within the mall.

Building Details

Property Type
Community
Gross Leasable Area
26,000
Year Built
2020
Parking Spaces
2000
Average Monthly Footfall
666,667
Owner
Unified Real Estate Development
Anchor Tenants
Vox Cinemas, SACO, Jarir Book Store, Lulu Express, McDonalds',

Detailed Market Analytics

Primary Catchment Area
5 Kilometers
Secondary Catchment Area
15 Kilometers
Catchment area population
500,000 People
Population growth rate
2.5 %
Median age
29 Years
Household size
5.2 People
Education level (tertiary)
35.0 %

Median household income
72,000 SAR
Unemployment rate
6.8 %
Cost of living index
65 Index

Retail spending per capita
15,000 SAR
Spending on apparel
3,500 SAR
Spending on groceries
4,800 SAR
Spending on electronics
2,200 SAR

Annual foot traffic
8,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
12,000 SAR

Number of retail stores
27 Stores
Anchor tenant presence
Yes
Competitor density (same category)
10 Stores
Tenant diversity
70.0 %
Unique Concepts
15 Stores

Number of Levels
2 Levels
Average rent per square meter
2,500 SAR
Vacancy rate
8.0 %
Lease term flexibility
Medium
Available retail space
2,080 Square Meters
Gross Leasable Area
26,000 Square meters

Proximity to main roads
0.5 Kilometers
Public transport access
Yes
Parking spaces
2,000 Spaces
Pedestrian traffic
High

E-commerce competition
High
Click-and-collect adoption
40.0 %
Internet penetration
98.6 %

Retail crime rate
Low
Security measures
High

Promotional events
50 Events
Loyalty program penetration
30.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
10 Stores
City Snapshot
Jeddah

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Top retail destinations across Saudi Arabia.

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Jeddah

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