<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="10.7769" data-lng="106.7009" data-map-catchment-data-value="{&quot;lat&quot;:&quot;10.7769&quot;,&quot;lng&quot;:&quot;106.7009&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:1000000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;2 km radius&quot;,&quot;description&quot;:&quot;Core area within walking distance serving daily shoppers&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;10 km radius&quot;,&quot;description&quot;:&quot;Extended area for occasional visitors from greater HCMC&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,000,000 People&quot;,&quot;description&quot;:&quot;Estimated total population in primary and secondary areas, based on HCMC central district density&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;2.5&quot;,&quot;description&quot;:&quot;Annual growth rate for HCMC urban population&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;32 Years&quot;,&quot;description&quot;:&quot;Median age of population in HCMC urban areas&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.5 Persons&quot;,&quot;description&quot;:&quot;Average household size in Vietnamese urban households&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in HCMC&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;7,200 USD per year&quot;,&quot;description&quot;:&quot;Estimated median annual household income in central HCMC&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;3.5&quot;,&quot;description&quot;:&quot;Unemployment rate in HCMC metro area&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;50 Index (NY=100)&quot;,&quot;description&quot;:&quot;Cost of living index for HCMC compared to global standards&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;1,500 USD per year&quot;,&quot;description&quot;:&quot;Annual retail expenditure per person in urban Vietnam&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;300 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual spending on clothing and fashion per capita&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;400 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual grocery spending per capita in urban areas&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;200 USD per year&quot;,&quot;description&quot;:&quot;Estimated annual electronics spending per capita&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;3,000,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated yearly visitors based on prime location and Vincom average&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;120 Minutes&quot;,&quot;description&quot;:&quot;Average time shoppers spend in the mall&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;10,000 USD per year&quot;,&quot;description&quot;:&quot;Annual sales revenue per square meter of GLA&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;150 Stores&quot;,&quot;description&quot;:&quot;Total number of retail outlets in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Presence of major anchor tenants like international brands&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Density of similar luxury malls in District 1&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Mix of local and international brands across categories&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Luxury and lifestyle Qualitative&quot;,&quot;description&quot;:&quot;Focus on high-end fashion and experiential retail&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;30,000 sqm&quot;,&quot;description&quot;:&quot;Total leasable retail space in the mall&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;5 Levels&quot;,&quot;description&quot;:&quot;Number of floors dedicated to retail&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;50 USD per sqm per month&quot;,&quot;description&quot;:&quot;Prime retail rent rate in HCMC central malls&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Current vacancy percentage based on Vincom average occupancy of 95%&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Qualitative&quot;,&quot;description&quot;:&quot;Standard 3-5 year leases with some negotiation&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;1,000 sqm&quot;,&quot;description&quot;:&quot;Current available leasable space&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Adjacent Qualitative&quot;,&quot;description&quot;:&quot;Direct access to Le Thanh Ton and Pasteur streets&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Good Qualitative&quot;,&quot;description&quot;:&quot;Near Ben Thanh Market bus stop and upcoming metro line&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;500 Spaces&quot;,&quot;description&quot;:&quot;Number of parking spots available&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Dense foot traffic in District 1 central area&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Strong competition from platforms like Shopee and Lazada&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Percentage of sales via click-and-collect services&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;70.0&quot;,&quot;description&quot;:&quot;Internet usage rate in urban HCMC households&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;1 Incidents per 1,000 visitors&quot;,&quot;description&quot;:&quot;Low crime rate in secure mall environment&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV and guards Qualitative&quot;,&quot;description&quot;:&quot;Comprehensive security with 24/7 surveillance and personnel&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Weekly Frequency&quot;,&quot;description&quot;:&quot;Regular events to drive footfall&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Participation rate in Vincom loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Qualitative&quot;,&quot;description&quot;:&quot;Modern digital displays throughout the mall&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Expected annual increase based on HCMC retail recovery&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Ongoing Qualitative&quot;,&quot;description&quot;:&quot;Continuous addition of new brands&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan Qualitative&quot;,&quot;description&quot;:&quot;No major expansion planned for this mature asset&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:3578,&quot;slug&quot;:&quot;satrafeet&quot;,&quot;name&quot;:&quot;Satrafeet&quot;,&quot;lat&quot;:&quot;10.77&quot;,&quot;lng&quot;:&quot;106.658&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Satrafeet, developed by SATRA Group in 2016, is situated at 90A Quang Trung Street in Ho Chi Minh City, Vietnam, offering 50,000 sqm of GLA across 5 levels with 150 retail stores. It targets urban middle-income consumers in a high-density area, featuring anchors like Co.opmart supermarket and Lotte Cinema, alongside diverse tenants in apparel, electronics, groceries, dining, and home decor, including 10 unique concepts for variety. Occupancy remains robust at 95% with 2,000 sqm available, supported by annual footfall of 5 million visitors, monthly average of 8,333, 5% growth projection, 90-minute dwell time, and 25% conversion rate. Rents average 1,000,000 VND per sqm per month, providing affordability relative to central locations, with flexible lease durations. Accessibility is strong via direct main road connections, high public transport availability, and 1,000 parking spaces, driving pedestrian traffic. The primary 5 km catchment serves 800,000 residents with median age 32, household size 3.8, 25% tertiary education rate, monthly household income of 8,000,000 VND, 3.5% unemployment, and annual per capita retail spend of 15,000,000 VND, emphasizing groceries at 5,000,000 VND and apparel at 2,000,000 VND. This profile sustains demand for essential and affordable goods but constrains luxury sales due to income constraints. Market position holds amid medium competitor density from nearby malls and traditional markets, though e-commerce growth with 70% internet penetration and 20% click-and-collect adoption erodes physical traffic. Operational aspects include low crime, CCTV security, 50 yearly promotions, 30% loyalty program uptake, and expansion plans, enhancing appeal. Leasing benefits encompass tenant diversity and pipeline opportunities, yet challenges like parking limitations relative to size and consumer calls for family zones and international dining could impact performance. Overall, it suits retailers focused on value-driven categories in a stable suburban-urban interface, with risks from digital competition and market saturation in basics.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Co.opmart, Lotte Cinema, various retail brands&quot;,&quot;distance&quot;:4.75,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Co.opmart, Lotte Cinema, various retail brands&quot;}},{&quot;id&quot;:2981,&quot;slug&quot;:&quot;saigon-square&quot;,&quot;name&quot;:&quot;Saigon Square&quot;,&quot;lat&quot;:&quot;10.7732&quot;,&quot;lng&quot;:&quot;106.7012&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Saigon Square operates as a three-story bazaar-style market in District 1, Ho Chi Minh City, at 77-89 Nam Ky Khoi Nghia Street, serving as a central retail hub for affordable shopping. The property features approximately 200 stalls across fashion, accessories, footwear, handbags, and souvenirs, attracting a mix of local shoppers and tourists with its air-conditioned environment and bargaining culture. Market position remains strong in the mid-tier segment, benefiting from HCMC retail occupancy rates of 93.6% in Q2 2025 and average city rents of USD 53.36 per sqm per month, though stall rents here are lower at an estimated USD 20-35 per sqm per month due to informal, short-term leasing. Tenant mix includes independent vendors focused on apparel and lifestyle goods, with no major anchors but high vendor turnover ensuring variety. Footfall estimates reach 4,000-6,000 daily visitors, driven by proximity to landmarks like Notre Dame Cathedral and Ben Thanh Market, enhancing accessibility via walking, taxis, and public transport. Demographic profile targets young urban residents, expatriates, and international tourists, supporting sales in budget fashion categories amid HCMC growing tourism of over 5 million arrivals annually. Leasing advantages include low entry barriers for small retailers, flexible terms, and high visibility in a tourist corridor, but drawbacks encompass quality variability, counterfeit risks, and competition from modern malls like Vincom Center. Operational quality is moderate, with aging infrastructure posing maintenance challenges in a saturated low-end market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Various fashion vendors&quot;,&quot;distance&quot;:0.41,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Various fashion vendors&quot;}},{&quot;id&quot;:4810,&quot;slug&quot;:&quot;sunwah-plaza&quot;,&quot;name&quot;:&quot;Sunwah Plaza&quot;,&quot;lat&quot;:&quot;10.7717&quot;,&quot;lng&quot;:&quot;106.7039&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Sunwah Plaza serves as the retail podium within the Sunwah Pearl mixed-use development at 90 Nguyen Huu Canh Street, Binh Thanh District, Ho Chi Minh City. Covering approximately 8,000 square meters across six levels, it integrates seamlessly with 1,342 luxury apartments and office spaces, completed in 2020 by Hong Kong-based Sunwah Group. The tenant mix focuses on convenience-oriented outlets, including a supermarket, F\u0026B establishments, shophouses, and daily services, primarily targeting residents and nearby locals rather than tourists or high-end shoppers. In Ho Chi Minh Citys retail landscape, non-CBD properties like Sunwah Plaza experience stable occupancy at 93.6 percent as of Q2 2025, with average asking rents at 52.6 dollars per square meter per month, reflecting a 1.2 percent year-on-year decline amid post-recovery stabilization. Accessibility benefits from its riverside location, 0.5 kilometers from Landmark 81 and 4 kilometers from District 1, supported by major roads and upcoming metro connectivity, though chronic traffic congestion presents operational challenges. The surrounding Binh Thanh area features a growing affluent demographic, with urbanization driving demand for local retail. Leasing advantages encompass lower costs compared to prime CBD malls, a captive audience from complex residents ensuring baseline footfall, and flexible shophouse formats suitable for independent retailers. Potential risks include limited external draw in a competitive non-CBD segment, proximity to larger rivals like Saigon Pearl with 40,000 square meters of retail, and market saturation in F\u0026B categories that could pressure occupancy if economic slowdowns occur.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Various retail stores, Citibank (adjacent)&quot;,&quot;distance&quot;:0.66,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;5800&quot;,&quot;anchor_tenants&quot;:&quot;Various retail stores, Citibank (adjacent)&quot;}},{&quot;id&quot;:3377,&quot;slug&quot;:&quot;vincom-mega-mall-landmark-81&quot;,&quot;name&quot;:&quot;Vincom Mega Mall Landmark 81&quot;,&quot;lat&quot;:&quot;10.795&quot;,&quot;lng&quot;:&quot;106.72194&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Vincom Mega Mall Landmark 81 is a six-floor retail component within the Landmark 81 supertall skyscraper in Binh Thanh District, Ho Chi Minh City, spanning 59,000 square meters of gross leasable area. Opened in 2018 as part of the Vinhomes Central Park mixed-use development, it integrates luxury apartments, offices, a five-star hotel, and an observation deck, enhancing its appeal as a destination hub. The tenant mix comprises over 150 stores emphasizing premium categories: luxury fashion (e.g., Calvin Klein, Tommy Hilfiger, Versace Jeans), beauty and cosmetics, watches (e.g., Longines), and international brands like H\u0026M, Uniqlo, and Adidas. Anchor tenants include VinMart supermarket, CGV Cinemas with IMAX, Lotteria fast food, and a 2,000-square-meter ice rink, Vietnam&#39;s largest, alongside tiNiWorld kids&#39; entertainment and indoor gaming zones. This setup targets affluent urban consumers and tourists, benefiting from the property&#39;s iconic status as Vietnam&#39;s tallest building at 461 meters. Market position reflects Vincom Retail&#39;s dominance, operating 88 malls nationwide with over 1.8 million square meters GLA by 2024, capturing a significant share of Vietnam&#39;s expanding retail sector valued at USD 163 billion in 2025. Ho Chi Minh City&#39;s retail occupancy stands at 94% in Q2 2025, driven by rising disposable incomes and urbanization, though supply growth of 117,000 square meters in 2024 intensifies competition. Leasing advantages include high visibility from the landmark integration, synergistic foot traffic from residential and office components (estimated 1.25 million monthly visitors based on similar Vincom properties), and access to a demographic of middle-to-upper-income professionals aged 25-45 in Binh Thanh, a district with growing population density near the Saigon River. Accessibility is supported by 857 parking spaces and proximity to urban transport, but HCMC&#39;s traffic congestion poses challenges. Drawbacks encompass elevated operational costs for upscale maintenance, market saturation in luxury segments leading to potential tenant turnover, and competition from nearby centers like Vincom Center Dong Khoi and Saigon Centre, alongside e-commerce pressures reducing physical visits. Overall, it offers strong performance potential for premium retailers in a high-traffic urban node, balanced against competitive risks in a maturing market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;VinMart, H\u0026M, CGV Cinemas, Uniqlo, Lotteria&quot;,&quot;distance&quot;:3.05,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;59000&quot;,&quot;anchor_tenants&quot;:&quot;VinMart, H\u0026M, CGV Cinemas, Uniqlo, Lotteria&quot;}},{&quot;id&quot;:5253,&quot;slug&quot;:&quot;the-pearl-hcmc&quot;,&quot;name&quot;:&quot;The Pearl Hcmc&quot;,&quot;lat&quot;:&quot;10.7999596&quot;,&quot;lng&quot;:&quot;106.718563&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;The Pearl HCMC, located at 561A Dien Bien Phu Street in Binh Thanh District, Ho Chi Minh City, is a mixed-use development completed in 2015 by SSG Group, featuring a 5-storey retail podium with 25,434 square meters of gross leasable area across 150 stores. It integrates Grade B office space and 123 residential units, creating a captive audience of approximately 3,800 residents and workers. The tenant mix emphasizes mid-tier fashion, dining, beauty, and entertainment, anchored by CGV Cinemas, Fresh Supermarket in the basement, and California Fitness \u0026 Yoga, with 51 percent foreign brands and high diversity including unique concepts in F\u0026B and services. Market position in the non-central fringe benefits from stable demand in HCMC&#39;s 1.2 million square meter retail stock, where overall occupancy holds at 93.6 percent amid 5 percent footfall growth driven by experiential retail. Annual footfall reaches about 7 million visitors, with 90-minute dwell times and 25 percent conversion rates, supported by USD 800 per square meter yearly sales. Accessibility is strong via major roads linking Districts 1 and 2, public transport, and 800 parking spaces, though peak-hour congestion on Dien Bien Phu Street poses challenges. Demographics target middle to upper-middle income young professionals and expats, with a 5 km catchment of 500,000 residents featuring median household income of USD 500 monthly, 31-year median age, and 25 percent tertiary education. Leasing advantages include competitive rents at USD 50 per square meter monthly (40-50 percent below CBD averages of USD 84), flexible unit sizes from 50 to 500 square meters, 3-6 month security deposits, and promotional support via 50 annual events and 30 percent loyalty program penetration. However, risks include medium-high competition from nearby Vincom Center and 80,000 square meters of new supply by 2027, high e-commerce penetration at 77 percent eroding non-essential sales, and potential needs for infrastructure updates in this 10-year-old property. Operational quality is solid with low 1 percent retail crime, CCTV security, and digital signage, but weaker categories like luxury goods require tenant mix refreshes amid market saturation in premium segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;CGV Cinema, Fresh Supermarket, California Fitness \u0026 Yoga&quot;,&quot;distance&quot;:3.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;CGV Cinema, Fresh Supermarket, California Fitness \u0026 Yoga&quot;}},{&quot;id&quot;:2380,&quot;slug&quot;:&quot;vincom-plaza-saigon&quot;,&quot;name&quot;:&quot;Vincom Plaza Saigon&quot;,&quot;lat&quot;:&quot;10.7804&quot;,&quot;lng&quot;:&quot;106.7022&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Vincom Plaza Saigon, located at 188 Nguyen Xi Street in Binh Thanh District, Ho Chi Minh City, is a community-oriented retail center developed by Vincom Retail, part of Vingroup. Opened in the early 2010s, it spans approximately 20,000 square meters of gross leasable area across multiple levels, targeting local middle-income shoppers in a densely populated urban area. The property benefits from its position in Binh Thanh, a transitional district with growing residential developments and proximity to District 1, facilitating access via major roads like Nguyen Xi and Xo Viet Nghe Tinh. Public transport options, including buses and future metro extensions, enhance accessibility, though traffic congestion remains a challenge during peak hours. The tenant mix emphasizes everyday essentials and mid-tier brands, with anchors including a VinMart supermarket occupying about 3,000 square meters, fashion outlets like Elise, Giordano, and local apparel stores comprising 35% of space, food and beverage options such as Lotteria, Pho 24, and Vietnamese eateries at 25%, and entertainment like a small cinema or play area at 10%. Services and accessories fill the rest. As part of Vincom Retails network of over 88 malls as of 2025, it holds a solid market position in the community mall segment, where HCMC retail occupancy averages 94% per JLL reports, though Plaza formats like this average 80-85% due to local focus. Leasing advantages include flexible terms with base rents plus turnover, competitive at 35-50 USD per square meter per month, lower than prime District 1 malls at 80-120 USD, appealing to SMEs and local chains. However, drawbacks involve moderate footfall of 6,000-8,000 daily visitors, reliant on neighborhood traffic rather than tourism, and competition from nearby Vincom Plaza Go Vap and traditional markets. Market factors show HCMC retail recovery post-2024, with 5% annual growth in consumer spending, but saturation in fashion categories poses risks. Operational quality is standard, with modern facilities but occasional maintenance issues in aging sections. Overall, it suits retailers seeking stable local exposure without high premiums, balanced against limited upscale draw and access hurdles.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Parkson,Lotte Cinema,Uniqlo,H\u0026M&quot;,&quot;distance&quot;:0.41,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;57000&quot;,&quot;anchor_tenants&quot;:&quot;Parkson,Lotte Cinema,Uniqlo,H\u0026M&quot;}},{&quot;id&quot;:3674,&quot;slug&quot;:&quot;parkson-saigon-pearl&quot;,&quot;name&quot;:&quot;Parkson Saigon Pearl&quot;,&quot;lat&quot;:&quot;10.8025&quot;,&quot;lng&quot;:&quot;106.7092&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Parkson Saigon Pearl is a mid-sized shopping mall located at 92 Nguyen Huu Canh Street in Binh Thanh District, Ho Chi Minh City, Vietnam, with a gross leasable area of 15,000 square meters across four levels. Opened in 2009 and owned by Sunwah Group, it serves as a community-oriented retail destination in a densely populated urban area adjacent to the Saigon River. The tenant mix comprises approximately 60 stores, anchored by the Parkson department store and a supermarket, with categories including fashion, electronics, home goods, and dining options that account for 40% of visits focused on shopping, 35% on dining, and 25% on home decor. Medium tenant diversity features 15% unique concepts, supporting a balanced retail environment. Market position reflects Ho Chi Minh City&#39;s competitive retail landscape, where overall occupancy averages 93.6% as of mid-2025, though this mall reports an 88% occupancy rate with 1,500 square meters available. Annual footfall stands at 1.2 million visitors, with a 5% projected growth and average dwell time of 90 minutes. Accessibility is strong via direct access to Nguyen Huu Canh Street, nearby bus stops, and planned metro lines, complemented by 400 to 500 parking spaces and low retail crime supported by CCTV and security. Primary catchment area within 5 kilometers includes 500,000 residents with a median age of 32, household income of 15 million VND monthly, and 2.5% population growth. Leasing advantages include moderate term flexibility, average rents of 60 USD per square meter per month, sales performance of 800 USD per square meter annually, and ongoing tenant pipeline with monthly promotions. However, challenges arise from high competitor density in the district, including nearby malls like Pearl Plaza, and increasing e-commerce penetration at 30% click-and-collect adoption, potentially impacting traditional retail footfall. Infrastructure remains functional but lacks recent expansions, with opportunities noted for enhancing family amenities and diverse dining to boost appeal amid market saturation in fashion and grocery categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Parkson, Supermarket&quot;,&quot;distance&quot;:2.99,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;30000&quot;,&quot;anchor_tenants&quot;:&quot;Parkson, Supermarket&quot;}},{&quot;id&quot;:1762,&quot;slug&quot;:&quot;satra-centre-mall&quot;,&quot;name&quot;:&quot;Satra Centre Mall&quot;,&quot;lat&quot;:&quot;10.751&quot;,&quot;lng&quot;:&quot;106.682&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Satra Centre Mall, located on Vo Van Kiet Street in District 6 of Ho Chi Minh City, covers 15,000 square meters of net leasable area and opened in early 2025. It achieved an initial occupancy of 75% at launch, rising to 88% shortly after, aligning with HCMC&#39;s overall retail occupancy of 93.6% in Q2 2025. The tenant mix emphasizes community-oriented categories, featuring anchors like Satramart supermarket, Mr. DIY for home goods, coffee outlets such as Highlands Coffee and Trung Nguyen Legend, plus apparel, electronics, and food courts with local and international options. Positioned in a residential hub, the mall targets middle-income shoppers via its accessible location on a key arterial road linking to central districts and suburbs. Average non-central rents stand at USD 53 per square meter per month, offering cost advantages over downtown&#39;s USD 300. Leasing benefits include flexible terms for mid-tier tenants, such as 3-5 year leases with escalation clauses of 5-7% annually and fit-out contributions. However, drawbacks involve competition from larger venues like Aeon Mall Tan Phu Celadon and vibrant street retail, potentially capping footfall at 5,000-8,000 daily visitors versus central malls&#39; higher traffic. Demographic focus on local families may limit luxury sales, while traffic congestion poses access risks. Operational strengths encompass modern HVAC systems, 300 parking spots, and family entertainment zones, though category saturation in F\u0026B and potential infrastructure strain from rapid urbanization present challenges.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Satramart,Cinestar Satra&quot;,&quot;distance&quot;:3.54,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Satramart,Cinestar Satra&quot;}},{&quot;id&quot;:6323,&quot;slug&quot;:&quot;lotte-mart-district-7&quot;,&quot;name&quot;:&quot;Lotte Mart District 7&quot;,&quot;lat&quot;:&quot;10.7409449&quot;,&quot;lng&quot;:&quot;106.7018086&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Lotte Mart District 7 is situated at the intersection of Nguyen Van Linh and Nguyen Huu Tho streets in the affluent Phu My Hung area of District 7, Ho Chi Minh City, about 5 km from the city center. This hypermarket complex, operational since 2008, offers 34,000 square meters of gross leasable area across three floors, anchored by a 15,800 sqm supermarket specializing in groceries, fresh produce, and imported goods. The tenant mix includes 80 stores covering apparel, fashion, electronics, household items, and entertainment facilities such as a food court, bowling alley, and cinema, providing high diversity with unique Korean product sections. It holds a stable community-oriented market position in HCMC&#39;s retail landscape, where citywide stock totals 1.2 million sqm at 93.6% occupancy as of Q2 2025. The property achieves 90-95% occupancy, supported by Lotte&#39;s efficient management, weekly promotions, and logistics for fresh goods. Leasing advantages encompass 3-5 year terms with base rents of 30-50 USD per sqm per month plus 8-12% turnover rent, favoring high-volume retailers in essential categories amid a catchment of 1.2 million residents. Annual footfall stands at 2.5 million visitors, with daily averages of 10,000-15,000, bolstered by the area&#39;s 2.5% annual population growth. Accessibility relies on major roads and 1,000-5,000 parking spaces, though HCMC traffic congestion can extend commutes to 30-45 minutes. Drawbacks include competition from nearby malls and e-commerce erosion of 20-30% in sales, alongside aging infrastructure requiring potential upgrades.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Lotte Mart, Cinema, Food Court&quot;,&quot;distance&quot;:4.0,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;34000&quot;,&quot;anchor_tenants&quot;:&quot;Lotte Mart, Cinema, Food Court&quot;}},{&quot;id&quot;:1893,&quot;slug&quot;:&quot;e-town-central&quot;,&quot;name&quot;:&quot;E Town Central&quot;,&quot;lat&quot;:&quot;10.76167&quot;,&quot;lng&quot;:&quot;106.7025&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;E.Town Central is a mixed-use property in District 4, Ho Chi Minh City, featuring primarily Grade B+ office space of 34,000 sqm over 25 storeys, completed in 2017 and holding LEED Gold certification for sustainability. The retail element is limited to a 974 sqm foodcourt on the B1 level and an outdoor cafe area, targeting F\u0026B tenants serving office workers and local residents. Positioned at 11 Doan Van Bo Street, it offers strong connectivity to District 1 via Calmette Bridge, just 5 minutes away, and Vo Van Kiet Avenue for broader access. In the HCMC retail market, occupancy reached 93.6% in Q2 2025, with average rents at USD 53.36/sqm/month citywide, but District 4 non-CBD locations typically range USD 30-45/sqm/month. Tenant mix emphasizes food and beverage outlets, benefiting from proximity to financial hubs like the Ho Chi Minh City Stock Exchange. Leasing advantages include competitive rents, management fees of USD 6/sqm/month covering air conditioning and maintenance during business hours, and parking facilities with 5 basements. Accessibility supports footfall from nearby high-class apartments and business districts. Demographics feature middle-income professionals aged 25-45, with District 4 population over 180,000. Operational quality includes 24/7 security, backup generators, and efficient elevators. Challenges encompass small retail footprint limiting expansion, F\u0026B category saturation, and competition from District 1 malls like Takashimaya, potentially impacting traffic if office vacancy rises amid 2025 economic pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;WeWork, Office Tenants&quot;,&quot;distance&quot;:1.7,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;45&quot;,&quot;gla_sqm&quot;:&quot;34000&quot;,&quot;anchor_tenants&quot;:&quot;WeWork, Office Tenants&quot;}},{&quot;id&quot;:2388,&quot;slug&quot;:&quot;parkson-hung-vuong-plaza&quot;,&quot;name&quot;:&quot;Parkson Hung Vuong Plaza&quot;,&quot;lat&quot;:&quot;10.7525&quot;,&quot;lng&quot;:&quot;106.6917&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Parkson Hung Vuong Plaza, located at 126 Hung Vuong Street in District 5, Ho Chi Minh City, is a 6-storey integrated shopping complex with a construction area of about 10,000 square meters. It serves as a key retail hub in the Cholon area, anchored by the Parkson department store which occupies a significant portion of the space. The tenant mix includes categories such as fashion, cosmetics, perfumes, clothing, accessories, electronics, and household items on lower levels, while upper floors host entertainment facilities like a Megastar cinema, food court, and bowling alley. This setup caters to everyday shopping and leisure needs. In the broader HCMC retail market, which totals around 1.2 million square meters of modern space, the plaza holds a niche position as one of the older establishments from the early 2000s, yet it continues to operate steadily amid challenges from newer competitors. Occupancy levels are estimated at 80-85%, supported by local demand, with monthly rents ranging from $30 to $50 per square meter, making it attractive for value-driven retailers. Accessibility is a strength, with direct connections to major roads like Hung Vuong and Ly Thuong Kiet, facilitating easy reach from District 1 (about 2 km away) and public transport options. The surrounding demographic features a high-density population with strong ethnic Chinese influences, favoring affordable and mid-tier retail. Leasing advantages include flexible terms and lower costs compared to premium malls, though drawbacks involve potential aging infrastructure requiring maintenance and competition from e-commerce and nearby traditional markets, which could impact footfall growth.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Parkson, CGV Cinema, KFC, Lotteria&quot;,&quot;distance&quot;:2.89,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Parkson, CGV Cinema, KFC, Lotteria&quot;}},{&quot;id&quot;:1911,&quot;slug&quot;:&quot;the-one-district-1&quot;,&quot;name&quot;:&quot;The One District 1&quot;,&quot;lat&quot;:&quot;10.7719&quot;,&quot;lng&quot;:&quot;106.6982&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;The One District 1 is a modern retail complex located in the heart of District 1, Ho Chi Minh City, spanning approximately 25,000 square meters of gross leasable area across five levels. Opened in late 2023, it positions itself as a mid-tier shopping destination targeting urban professionals and tourists in the central business district. The property benefits from excellent accessibility via major roads like Nguyen Hue Boulevard and proximity to Ben Thanh Market, with public transport options including nearby bus stops and future metro integration along Line 1. Tenant mix includes a balanced blend of international fashion brands such as Zara and H\u0026M on ground and first floors, local Vietnamese retailers, electronics outlets like Nguyen Kim, and dining options comprising 15 F\u0026B tenants offering casual Asian and Western cuisine. Supermarket anchor is Co.opmart, occupying 5,000 sqm. Market position is competitive within the saturated District 1 retail scene, where prime occupancy averages 95% as per CBRE Q2 2025 reports, but The One District 1 reports 88% occupancy, reflecting selective leasing to maintain quality. Average asking rents stand at USD 75 per sqm per month for ground floor spaces, below the district average of USD 84.8 but above secondary malls at USD 53. Footfall averages 1.2 million monthly visitors, driven by 20% tourist influx and local office worker traffic, though seasonal dips occur during rainy months. Leasing advantages include flexible terms with 3-5 year leases and turnover rent options tied to sales performance, aiding new entrants. However, challenges include intense competition from established players like Vincom Center and Takashimaya, potentially diluting capture rates. Infrastructure is new with energy-efficient systems, but parking capacity of 400 spaces may strain during peaks. Demographic profile features high-income earners aged 25-45, with average household income exceeding VND 50 million monthly, supporting premium category performance. Overall, it offers solid visibility for mid-market retailers amid HCMC&#39;s retail growth projected at 5-7% annually through 2027 per Savills insights.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Local Retail Shops&quot;,&quot;distance&quot;:0.63,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;3000&quot;,&quot;anchor_tenants&quot;:&quot;Local Retail Shops&quot;}},{&quot;id&quot;:1320,&quot;slug&quot;:&quot;union-square-saigon&quot;,&quot;name&quot;:&quot;Union Square Saigon&quot;,&quot;lat&quot;:&quot;10.7769&quot;,&quot;lng&quot;:&quot;106.7033&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Union Square Saigon is a premier luxury retail destination located at 171 Dong Khoi Street in District 1, the historic heart of Ho Chi Minh City. Spanning approximately 91,000 square meters, it features six curated floors dedicated to high-end shopping, integrated with the Mandarin Oriental Hotel and directly connected to the upcoming Metro Line 1 at City Opera House Station. Opened in recent years, it positions itself as Vietnam&#39;s first concept luxury mall, emphasizing exclusive international brands and premium lifestyle experiences. The tenant mix is dominated by luxury fashion houses such as Fendi, Dior, and Tiffany \u0026 Co., alongside jewelry, lifestyle boutiques, and experiential retail like Rue Miche and SOCIÉ for wellness. This setup targets affluent locals, expatriates, and international tourists drawn to Saigon&#39;s central business and tourism district. Market-wise, Ho Chi Minh City&#39;s prime retail sector maintains strong occupancy at 93.6% as of Q2 2025 per Cushman \u0026 Wakefield reports, with downtown malls like Union Square benefiting from robust demand amid economic recovery. Leasing advantages include prime visibility on a high-traffic pedestrian street, seamless public transit access enhancing footfall potential, and a synergistic hotel component that boosts dwell time and cross-traffic. However, the luxury focus may limit broader appeal in a market where middle-tier retail dominates overall supply. Operational quality is high with modern infrastructure, but challenges arise from intense competition and elevated rent pressures in this saturated premium segment. Footfall benefits from District 1&#39;s estimated 50 million annual visitors, though specific metrics for the mall are not publicly detailed. Overall, it offers stable performance for upscale tenants but requires strong brand equity to navigate local consumer preferences leaning toward value-driven shopping elsewhere.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Gucci,Dior,Hermes&quot;,&quot;distance&quot;:0.26,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;38000&quot;,&quot;anchor_tenants&quot;:&quot;Gucci,Dior,Hermes&quot;}},{&quot;id&quot;:2973,&quot;slug&quot;:&quot;vincom-landmark-81-1&quot;,&quot;name&quot;:&quot;Vincom Landmark 81&quot;,&quot;lat&quot;:&quot;10.7951&quot;,&quot;lng&quot;:&quot;106.7221&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Vincom Landmark 81 is a high-end retail center within Vietnams tallest skyscraper at 461.2 meters, located at 720A Điện Biên Phủ in Binh Thanh District, Ho Chi Minh City, as part of the Vinhomes Central Park mixed-use complex. Opened in 2018, it features six levels with 55,000 square meters of gross leasable area and over 150 tenants emphasizing luxury fashion, beauty, cosmetics, watches, and 35 international food and beverage outlets like Peach Garden and Dozo. Entertainment includes an ice rink, CGV IMAX cinema, and gaming areas, with anchors such as CGV Cinemas, the ice rink, and Lotte Department Store. Occupancy stands at 94%, supported by average monthly footfall of 1.25 million and annual visitors of 15 million, driven by cross-traffic from 491 luxury apartments, 450 hotel rooms, and a tourist-attracting observation deck. Prime leasing rates are USD 200 to 250 per square meter monthly, exceeding the HCMC average of USD 53, reflecting its premium positioning. The primary catchment covers 2 million residents in Binh Thanh and adjacent areas, targeting affluent urban professionals, expatriates, and tourists in a city of 8.45 million with 2.6% annual population growth. Median age is 30.5 years, household size 3.6, tertiary education 30%, median income USD 400 monthly, and retail spending per capita USD 1,500 yearly. Accessibility benefits from main road connections and public transport, though parking is congested with resident priority. Operational quality is high under Vincom Retail management, with sales per square meter at USD 1,200 annually and dwell time of 2 hours. Market factors include HCMC retail sector growth to USD 163 billion, urbanization, and rising incomes, but challenges encompass e-commerce competition, new supply adding 117,000 square meters in 2024, and saturation in upscale categories. Strengths lie in iconic visibility and synergistic tenant mix enhancing sales; drawbacks include high rents pressuring smaller retailers and reliance on premium demographics amid economic volatility.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;CGV Cinemas, Ice Rink, Lotte Department Store&quot;,&quot;distance&quot;:3.08,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;59000&quot;,&quot;anchor_tenants&quot;:&quot;CGV Cinemas, Ice Rink, Lotte Department Store&quot;}},{&quot;id&quot;:4548,&quot;slug&quot;:&quot;socar-mall&quot;,&quot;name&quot;:&quot;Socar Mall&quot;,&quot;lat&quot;:&quot;10.785&quot;,&quot;lng&quot;:&quot;106.72&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Socar Mall, located at 10 Mai Chi Tho Street in the Thu Thiem Ward of Thu Duc City (formerly District 2), Ho Chi Minh City, represents the first large-scale commercial center in the Sala urban development. Spanning approximately 38,000 square meters of net leasable area, it opened in late 2021 and targets mid-to-high-end retail positioning within a rapidly evolving new urban area. The property benefits from its strategic placement at the intersection of Mai Chi Tho and Nguyen Co Thach streets, offering direct access to key infrastructure including the Thu Thiem Bridge and proximity to the upcoming metro line. Market position is strong in the non-central business district segment, where HCMC retail vacancy averages around 6-8% as of 2025, with Socar contributing to the supply of modern spaces amid Thu Duc City&#39;s population growth exceeding 1 million residents. Tenant mix emphasizes a balanced portfolio: anchor tenants include a major supermarket and cinema, complemented by fashion outlets, F\u0026B establishments (cafes and restaurants comprising 30% of space), electronics, and lifestyle brands, fostering a family-oriented environment. Leasing advantages include competitive rents in the $60-85 per square meter per month range for ground floor units, flexible lease terms of 3-5 years with escalation clauses tied to inflation, and marketing support from exclusive agent CBRE. The surrounding demographic profile features affluent young professionals, expats, and families with household incomes above VND 50 million monthly, drawn to Sala&#39;s residential towers. However, challenges arise from the area&#39;s ongoing development, including intermittent traffic congestion and reliance on vehicular access until full metro integration. Overall, occupancy stands at approximately 90%, supported by footfall from nearby residential communities totaling over 20,000 units, though broader market saturation in HCMC&#39;s 50+ malls poses risks to sustained performance without unique experiential offerings.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;CGV Cinemas, Lotte Mart, Uniqlo, Levi&#39;s&quot;,&quot;distance&quot;:2.27,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;35000&quot;,&quot;anchor_tenants&quot;:&quot;CGV Cinemas, Lotte Mart, Uniqlo, Levi&#39;s&quot;}},{&quot;id&quot;:4824,&quot;slug&quot;:&quot;vincom-center-hcmc&quot;,&quot;name&quot;:&quot;Vincom Center Hcmc&quot;,&quot;lat&quot;:&quot;10.7782&quot;,&quot;lng&quot;:&quot;106.7019&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Vincom Center Dong Khoi, situated at 72 Le Thanh Ton Street in District 1, Ho Chi Minh City, represents a flagship mixed-use property developed by Vingroup, encompassing retail, office, and residential spaces. Completed in 2012, it features around 57,000 sqm of gross leasable area for retail across multiple levels, establishing it as a cornerstone of upscale shopping in Vietnam&#39;s largest city. Its prime CBD position ensures high visibility and integration with the vibrant urban fabric, attracting a diverse clientele including affluent residents, expatriates, business professionals, and international tourists. The tenant mix prioritizes premium international brands, with over 250 outlets spanning fashion (e.g., Zara, H\u0026M, Gap, Louis Vuitton, Gucci), beauty and cosmetics (Sephora, The Body Shop), electronics (Apple Store), lifestyle, and a robust F\u0026B segment featuring global chains like Starbucks, Pizza Hut, alongside Vietnamese eateries. Occupancy stands at approximately 95%, reflecting strong demand in a market where HCMC retail vacancy averages 5-7% per Cushman \u0026 Wakefield 2025 reports. Prime retail rents range from USD 80-100 per sqm monthly, often supplemented by turnover-based clauses, making it suitable for high-volume luxury and mid-premium retailers. Accessibility is enhanced by proximity to major thoroughfares, Ben Thanh Market, and the forthcoming Metro Line 1 (operational by 2024), though traffic congestion poses occasional challenges. The local demographic profile includes high-income households (average monthly income exceeding VND 20 million) and a youthful urban population, supporting robust footfall estimated at 10-15 million annual visitors. Leasing advantages include established brand synergy and marketing support from Vincom&#39;s network, yet drawbacks encompass elevated operational costs, market saturation in fashion categories, and competition from e-commerce platforms eroding physical sales. In the broader context, HCMC&#39;s retail sector benefits from 7-9% CAGR growth, driven by rising consumer spending, but faces risks from economic volatility and infrastructure strains.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Louis Vuitton, Gucci, Chanel, Hermes, Dior, Tiffany \u0026 Co., Cartier, Apple Store&quot;,&quot;distance&quot;:0.18,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;57000&quot;,&quot;anchor_tenants&quot;:&quot;Louis Vuitton, Gucci, Chanel, Hermes, Dior, Tiffany \u0026 Co., Cartier, Apple Store&quot;}},{&quot;id&quot;:1760,&quot;slug&quot;:&quot;hung-vuong-plaza&quot;,&quot;name&quot;:&quot;Hung Vuong Plaza&quot;,&quot;lat&quot;:&quot;10.766&quot;,&quot;lng&quot;:&quot;106.667&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Hung Vuong Plaza is a mid-tier retail center located in District 5 of Ho Chi Minh City, Vietnam, spanning approximately 25,000 square meters across multiple levels. Situated in the historic Cholon area, known for its vibrant Chinese-Vietnamese community, the plaza underwent a significant renovation and relaunch in late 2023, replacing the former Parkson department store space with a refreshed tenant lineup. The property benefits from strong accessibility via Hung Vuong Street, major bus routes, and proximity to the An Lac Footbridge, facilitating footfall from local residents and cross-district visitors. Market positionally, it serves as a community-focused mall in a densely populated district with over 200,000 inhabitants, emphasizing affordable shopping and dining options amid HCMC&#39;s competitive retail landscape. Tenant mix includes international fashion brands such as Levi&#39;s, local apparel retailers, supermarkets, electronics outlets, and F\u0026B establishments like coffee shops and quick-service restaurants, with an emphasis on mid-market categories to attract everyday consumers. Occupancy reached over 80% shortly after reopening, supported by rents averaging USD 30-50 per square meter per month, lower than prime malls in District 1. Leasing advantages include flexible terms for smaller retailers, potential for pop-up spaces, and integration with the surrounding wet markets and street vendors for synergistic traffic. However, challenges persist due to aging infrastructure in parts of the building and competition from larger modern complexes like SC VivoCity in nearby District 7. Overall, the plaza aligns with HCMC&#39;s retail recovery, where city-wide occupancy stands at 93.6% as of Q2 2025, but its performance hinges on sustaining local loyalty amid economic pressures and e-commerce growth. Demographic profile features middle-income families (average household income USD 800-1,200 monthly), young professionals, and ethnic Chinese shoppers, driving consistent but moderate footfall estimated at 5,000-7,000 daily visitors on weekdays.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;CGV Cinemas, California Fitness \u0026 Yoga&quot;,&quot;distance&quot;:3.9,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;28066&quot;,&quot;anchor_tenants&quot;:&quot;CGV Cinemas, California Fitness \u0026 Yoga&quot;}},{&quot;id&quot;:4825,&quot;slug&quot;:&quot;lotte-mart-hcmc&quot;,&quot;name&quot;:&quot;Lotte Mart Hcmc&quot;,&quot;lat&quot;:&quot;10.7525&quot;,&quot;lng&quot;:&quot;106.7015&quot;,&quot;property_type&quot;:null,&quot;description&quot;:&quot;Lotte Mart HCMC, located at the intersection of Nguyen Van Linh and Nguyen Huu Tho streets in District 7, Ho Chi Minh City, operates as a three-floor hypermarket complex with a total gross leasable area (GLA) of approximately 34,000 square meters. Opened in 2008 as part of the South Korean Lotte Groups expansion into Vietnam, it serves as a key community retail anchor in the affluent Phu My Hung area, approximately 5 kilometers from the city center. The property features a diverse tenant mix including a large supermarket occupying about 15,800 square meters focused on fresh produce, groceries, and imported goods; apparel and fashion outlets; electronics and household sections; and entertainment amenities such as a food court, bowling alley, and cinema. Market position reflects steady performance in HCMC&#39;s retail sector, where total stock stands at 1.2 million square meters with 93.6% occupancy as of Q2 2025 per Cushman and Wakefield data. Footfall benefits from the areas growing residential base and expat community, aligning with citywide trends of 15-30% year-over-year increases in established malls reported by Savills in Q3 2025. Leasing advantages include stable demand for everyday retail categories amid rising middle-class spending, with average rents around USD 53 per square meter per month, though hypermarket spaces may command 30-50 USD due to their community focus. Drawbacks encompass heavy competition from nearby centers like Crescent Mall and SC VivoCity, plus broader challenges from e-commerce growth and urban traffic congestion impacting accessibility. Operational quality is supported by Lotte&#39;s management expertise, but aging infrastructure in a 17-year-old facility poses maintenance risks. Overall, it suits retailers targeting value-oriented consumers in a demographic-rich suburb, though saturation in hypermarket formats warrants careful category selection.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;2008&quot;,&quot;distance&quot;:2.71,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;2008&quot;}},{&quot;id&quot;:3974,&quot;slug&quot;:&quot;parkson-plaza-saigon&quot;,&quot;name&quot;:&quot;Parkson Plaza Saigon&quot;,&quot;lat&quot;:&quot;10.7778&quot;,&quot;lng&quot;:&quot;106.7025&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Parkson Plaza Saigon at 35-45 Le Thanh Ton Street in Ben Nghe Ward, District 1, Ho Chi Minh City, operates as a five-level department store with roughly 25,000 square meters of gross leasable area. Established in 2005 as Parkson\&quot;s flagship in Vietnam, it houses over 200 tenants including international fashion outlets like Uniqlo and Muji, premium cosmetics from Shiseido and Bulgari, homeware sections, a multi-cuisine food court, CGV cinema, and entertainment options such as bowling. Positioned in the city\&quot;s central business district near Saigon Opera House and Nguyen Hue Walking Street, it attracts affluent locals, expatriates, and tourists, benefiting from District 1\&quot;s high pedestrian traffic and proximity to luxury hotels like Rex and Sheraton. The HCMC retail market in 2025 shows 94% occupancy citywide, with prime areas like District 1 sustaining robust demand amid Vietnam\&quot;s 5.13% CAGR retail growth to 209 billion USD by 2030. Leasing appeals through established visibility and accessibility via walkways and upcoming metro, with average rents at 60 USD per square meter monthly. Challenges include aging infrastructure post-2019 renovations, competition from nearby Vincom Center and Takashimaya, market saturation in fashion and beauty categories, and e-commerce pressures reducing physical footfall by 10-15% annually. Operational aspects feature functional layout but note crowding and limited experiential elements, impacting mid-tier tenant performance in a dynamic urban setting.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Parkson, Uniqlo, Muji&quot;,&quot;distance&quot;:0.2,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;Parkson, Uniqlo, Muji&quot;}},{&quot;id&quot;:1333,&quot;slug&quot;:&quot;saigon-garden&quot;,&quot;name&quot;:&quot;Saigon Garden&quot;,&quot;lat&quot;:&quot;10.7758&quot;,&quot;lng&quot;:&quot;106.7018&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Saigon Garden is a boutique retail center at 99 Nguyen Hue Street, District 1, Ho Chi Minh City, opened in 2015 as part of a mixed-use complex with apartments above. It features four floors with eco-friendly design, green spaces, and a mix of old and modern architecture. Tenant mix includes fashion stores, accessories, souvenirs, flower shops, cafes, and restaurants offering Japanese, Korean, Thai, Vietnamese, and Western cuisines; key tenants are Starbucks, The Coffee Bean \u0026 Tea Leaf, Blackyard Frozen Yogurt, Eve Flower, and Haan Restaurant \u0026 Cafe. Located on the bustling pedestrian Nguyen Hue walking street, it enjoys high accessibility in the tourism and business hub. Ho Chi Minh City retail stock totaled 1.6 million square meters NLA by Q4 2024, with 93.5 percent occupancy and average ground floor rents at VND 1.5 million per square meter per month (about USD 59). Footfall trends show growth from increasing international tourists and local consumers, supported by a population over 9 million with expanding middle class. Leasing advantages include prime visibility, pedestrian traffic, and unique green ambiance enhancing shopper dwell time. Drawbacks involve competition from larger malls like Vincom Center Dong Khoi and Takashimaya, market saturation in F\u0026B, limited size for anchors, and potential rent pressures in CBD.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Starbucks Coffee, The Coffee Bean \u0026 Tea Leaf&quot;,&quot;distance&quot;:0.16,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;2500&quot;,&quot;anchor_tenants&quot;:&quot;Starbucks Coffee, The Coffee Bean \u0026 Tea Leaf&quot;}},{&quot;id&quot;:1890,&quot;slug&quot;:&quot;v-n-h-nh-mall&quot;,&quot;name&quot;:&quot;Vạn Hạnh Mall&quot;,&quot;lat&quot;:&quot;10.7669&quot;,&quot;lng&quot;:&quot;106.6622&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Vạn Hạnh Mall, located at 11 Sư Vạn Hạnh Street in District 10, Ho Chi Minh City, is a modern shopping center that opened on January 25, 2018, developed by KIDO Group on a 90,000 sqm site with 55,000 sqm of gross leasable area across one basement and seven floors. It serves as a key retail hub in the non-central business district, targeting middle-income local residents with a balanced tenant mix emphasizing everyday shopping, dining, and entertainment. The mall features over 200 tenants, including anchor stores like Co.opXtra supermarket and CGV Cinemas, alongside international brands such as Uniqlo, Nike, Levi&#39;s, and Aldo in fashion and accessories; beauty outlets like The Face Shop; electronics from Nguyen Kim; and a diverse food court with local and international cuisine. In the context of HCMC&#39;s retail market, which saw total supply reach 1.2 million sqm by Q2 2025 with 93.6% city-wide occupancy, Vạn Hạnh benefits from stable demand in non-CBD areas where vacancy is around 8.5%, supported by footfall recovery post-pandemic. Average rents in similar non-prime malls hover at 40-50 USD per sqm per month, lower than CBD&#39;s 53+ USD, offering cost-effective leasing for mid-tier retailers. Accessibility is strong via major roads like 3/2 Street and public buses, though traffic congestion in District 10 poses challenges. The tenant mix prioritizes F\u0026B (35% of leases), fashion (20%), and lifestyle categories, aligning with market trends toward experiential retail. Leasing advantages include flexible spaces from 50-2,000 sqm, promotional support, and proximity to residential areas with 300,000+ population, driving consistent local traffic estimated at 10,000-15,000 daily visitors. However, drawbacks include limited tourist draw compared to central malls, competition from nearby An Dong Plaza and e-commerce, and potential infrastructure strain from aging urban surroundings. Overall, it positions well for retailers seeking affordable entry into Vietnam&#39;s growing retail sector, with projected market growth of 5% CAGR through 2030.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Lotte Mart, CGV Cinema, Uniqlo&quot;,&quot;distance&quot;:4.37,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;55000&quot;,&quot;anchor_tenants&quot;:&quot;Lotte Mart, CGV Cinema, Uniqlo&quot;}},{&quot;id&quot;:4390,&quot;slug&quot;:&quot;miu-mall&quot;,&quot;name&quot;:&quot;Miu Mall&quot;,&quot;lat&quot;:&quot;10.7626&quot;,&quot;lng&quot;:&quot;106.6602&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Miu Mall is a modern mid-tier shopping center situated in District 7 of Ho Chi Minh City, Vietnam, within the upscale Phu My Hung urban area. Opened in 2019, it covers approximately 45,000 square meters of gross leasable area across three levels, accommodating around 120 tenants. The property emphasizes a lifestyle-oriented retail experience, featuring a balanced tenant mix with 35% dedicated to fashion and apparel (including international brands like Zara, Mango, and local chains), 25% to food and beverage outlets ranging from casual dining to quick-service options, 20% to electronics and home goods, and the remainder to entertainment facilities such as a multiplex cinema and kids play zones. As a secondary market player in HCMC&#39;s competitive retail landscape, Miu Mall benefits from its proximity to high-income residential developments and international schools, attracting a demographic of middle-to-upper-class families, young professionals, and expatriates. Current occupancy stands at 94%, supported by annual footfall exceeding 4 million visitors, driven by weekend promotions and events. Rent levels are competitive for the segment, averaging $45-65 per square meter per month for ground-floor spaces, with incentives like rent-free periods for new tenants. Accessibility is strong via Nguyen Van Linh Boulevard and upcoming Metro Line 4, though traffic congestion remains a challenge during rush hours. Market reports from CBRE Vietnam highlight the area&#39;s robust economic growth, with retail sales per square meter at $8,500 annually, above the city average. Leasing advantages include flexible terms for pop-up stores and co-tenancy clauses with anchors like supermarkets. Potential drawbacks involve market saturation in fashion categories and vulnerability to economic fluctuations affecting consumer spending in non-essential retail. Overall, it offers stable performance for retailers targeting family-oriented segments in a growing suburb.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Big C,Lotte Mart&quot;,&quot;distance&quot;:4.72,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Big C,Lotte Mart&quot;}},{&quot;id&quot;:3679,&quot;slug&quot;:&quot;big-c-mi-n-dong&quot;,&quot;name&quot;:&quot;Big C Miền đông&quot;,&quot;lat&quot;:&quot;10.7665&quot;,&quot;lng&quot;:&quot;106.6628&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Big C Miền Đông is a shopping center in Ho Chi Minh City, Vietnam, located at 138A Tô Hiến Thành in District 10, established in 2009 and owned by Central Retail Corporation. It spans 15,000 square meters of gross leasable area across two levels, featuring 50 retail stores anchored by the Big C Hypermarket. The tenant mix emphasizes groceries and daily essentials, with medium diversity including five unique concepts and ongoing minor upgrades. Vacancy stands at 5%, with 1,000 square meters available, reflecting stable occupancy in a competitive urban market. Average monthly rent is 40 USD per square meter, with medium lease term flexibility. Annual footfall reaches 1,500,000 visitors, supported by a 55% conversion rate and 60% click-and-collect adoption. The primary catchment area covers a 10 km radius with 250,000 residents, characterized by a median age of 30, household size of 3.8, and median monthly income of 28,000,000 VND. Market position benefits from proximity to main roads and good public transport, though high competitor density and e-commerce pressure pose challenges. Leasing advantages include strong anchor draw for grocery-focused retailers, projected 8% footfall growth, and low retail crime, but drawbacks involve limited parking (300-800 spaces) and calls for enhanced family amenities and diverse dining to boost dwell time of 45 minutes. Overall, it suits value-oriented tenants in a growing eastern urban zone, amid Ho Chi Minh Citys retail sector facing saturation in hypermarkets.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Big C Hypermarket&quot;,&quot;distance&quot;:4.32,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;10000&quot;,&quot;anchor_tenants&quot;:&quot;Big C Hypermarket&quot;}},{&quot;id&quot;:1321,&quot;slug&quot;:&quot;vincom-landmark-81&quot;,&quot;name&quot;:&quot;Vincom Center Landmark 81&quot;,&quot;lat&quot;:&quot;10.793889&quot;,&quot;lng&quot;:&quot;106.719722&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Vincom Center Landmark 81 is situated in District 1 of Ho Chi Minh City, integrated into the base of Landmark 81, Vietnam&#39;s tallest building at 461 meters, completed in 2018 by Vingroup. The mall offers 57,000 square meters of gross leasable area across multiple levels, positioning it as a high-end retail and entertainment hub in Southeast Asia&#39;s most dynamic economy. Tenant mix emphasizes luxury fashion with anchors like Louis Vuitton, Gucci, and Hermes, complemented by mid-tier brands, a Parkson department store, Lotte Cinema, an ice rink, and over 100 dining options from international chains to local cuisine. Footfall exceeds 5 million visitors annually, driven by the complex&#39;s observation deck, hotel, and offices, contributing to Ho Chi Minh City&#39;s 9.3 million residents and 8 million tourists in 2023. Occupancy hovers at 95%, supported by the city&#39;s 7% retail sales growth in 2023 per CBRE reports. Rent levels range from VND 80-150 per square meter monthly for prime spaces, reflecting premium positioning amid Vietnam&#39;s USD 20 billion retail market. Accessibility includes proximity to Nguyen Van Troi Street, future Metro Line 1 (opening 2024), and 20 minutes from Tan Son Nhat Airport. Demographic targets affluent locals (average income VND 15-20 million monthly), expats (over 100,000 in HCMC), and tourists, with strong performance in categories like apparel (40% of sales) and F\u0026B (30%). Market factors include robust e-commerce competition from Shopee and Lazada, yet physical retail thrives on experiential shopping. Leasing advantages encompass high dwell time (average 2 hours), integrated marketing via Vingroup ecosystem, and sustainable features like energy-efficient systems. Drawbacks involve high entry barriers for smaller tenants, traffic congestion in peak hours, and vulnerability to economic slowdowns affecting luxury spending, as seen in 2020&#39;s 20% footfall drop during COVID. Overall, it suits established retailers seeking prestige over volume.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;CGV Cinemas, Vinpearl Ice Rink, Adidas, GAP&quot;,&quot;distance&quot;:2.79,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;59000&quot;,&quot;anchor_tenants&quot;:&quot;CGV Cinemas, Vinpearl Ice Rink, Adidas, GAP&quot;}},{&quot;id&quot;:1317,&quot;slug&quot;:&quot;saigon-takashimaya&quot;,&quot;name&quot;:&quot;Saigon Centre (Takashimaya)&quot;,&quot;lat&quot;:&quot;10.7728&quot;,&quot;lng&quot;:&quot;106.7006&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Saigon Centre is a prominent mixed-use development in District 1 of Ho Chi Minh City, featuring a 55,000 square meter retail podium integrated with office and residential towers. Strategically positioned on Le Loi Boulevard in the central business district, it benefits from proximity to key landmarks such as Ben Thanh Market, the Opera House, and the Dong Khoi shopping street, ensuring high accessibility via public transport, including buses and taxis. The retail component, operational since 1996 with expansions in 2016, is anchored by the 15,000 square meter Takashimaya department store, Vietnams first Japanese flagship. It hosts over 400 tenants, blending luxury international brands like Longchamp and Lush with local retailers, focusing on fashion, beauty, electronics, and dining. Market position as an upscale destination attracts affluent locals, expatriates, and tourists, supported by HCMC retail markets 93-95 percent occupancy in 2025 city centre segments per industry reports. Leasing advantages include prime visibility and stable footfall estimated at around 10 million annual visitors based on historical data, though recent tourism recovery post-pandemic enhances performance. Drawbacks encompass intense competition from nearby malls like Vincom Center and Union Square, potential rent pressures in a saturated luxury category, and vulnerability to economic fluctuations impacting consumer spending in emerging markets. Infrastructure remains modern with Grade A standards, but aging elements from initial phases may require upkeep. Overall, it offers strong potential for premium retailers amid HCMC growing retail sector valued at over 250 billion USD in 2025, driven by rising middle-class demographics and e-commerce integration challenges.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Takashimaya&quot;,&quot;distance&quot;:0.46,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;55000&quot;,&quot;anchor_tenants&quot;:&quot;Takashimaya&quot;}},{&quot;id&quot;:2383,&quot;slug&quot;:&quot;saigon-tax-trade-centre&quot;,&quot;name&quot;:&quot;Saigon Tax Trade Centre&quot;,&quot;lat&quot;:&quot;10.7765&quot;,&quot;lng&quot;:&quot;106.7025&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;The Saigon Tax Trade Centre, originally built in 1924 as Grands Magasins Charner, was a historic department store in District 1 of Ho Chi Minh City at the intersection of Nguyen Hue Boulevard and Le Loi Boulevard. It operated until closure in September 2014 due to structural concerns and was demolished in October 2016 to make way for the Satra TAX Plaza mixed-use development. This project plans a 40-story tower with a 6-level retail podium, 19 levels of Class-A office space, a 15-level 288-key hotel, event center, and amenities, preserving elements of the original facade. Groundbreaking occurred in January 2016, but construction stalled due to legal and regulatory issues, leaving the site as an empty plot integrated with HCMC Metro Line 1 ventilation near Opera House Station Entrance 3. As of late 2024, regulatory adjustments from early 2025 offer hope for revival, positioning it in HCMC&#39;s prime central business district with high tourist and business footfall. The planned retail podium targets luxury and lifestyle tenants, complementing the area&#39;s upscale tenant mix including international brands in nearby Saigon Centre and Vincom Center. Leasing advantages include exceptional visibility on the pedestrian-friendly Nguyen Hue Walking Street, proximity to cultural landmarks boosting dwell time, and access to affluent demographics with average household incomes exceeding VND 20 million monthly in District 1. However, market saturation in central HCMC, where retail occupancy reached 81% in Q3 2024 per Avison Young, poses competition risks. Rents in prime areas range from 45-300 USD per sqm per month, reflecting strong demand but also pressure on mid-tier retailers. Potential challenges encompass prolonged development delays, metro construction disruptions to accessibility, and economic factors like e-commerce growth eroding traditional retail sales, which fell 5-10% annually in urban Vietnam per Cushman \u0026 Wakefield reports. Operational quality will depend on integration with metro infrastructure for enhanced footfall, estimated at over 10 million annual visitors to Nguyen Hue area, but aging urban infrastructure nearby could impact logistics. Overall, while the site&#39;s historical prestige and location offer strong leasing potential for premium retailers, stakeholders must weigh uncertainties in project timeline against robust market recovery post-pandemic, with HCMC retail sales growing 15% year-over-year in 2024.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket,Jewellery Stores&quot;,&quot;distance&quot;:0.18,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket,Jewellery Stores&quot;}},{&quot;id&quot;:1759,&quot;slug&quot;:&quot;lancaster-legacy&quot;,&quot;name&quot;:&quot;Lancaster Legacy&quot;,&quot;lat&quot;:&quot;10.77&quot;,&quot;lng&quot;:&quot;106.699&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Lancaster Legacy is a mixed-use development located at 230 Nguyen Trai Street in District 1, Ho Chi Minh City, featuring a retail podium of 18,500 sqm alongside three 38-floor luxury residential towers developed by Trung Thuy Corporation. Opened in 2025, it serves as a new landmark in the CBD submarket, enhancing downtown retail vitality amid HCMC&#39;s expanding commercial landscape. The property integrates high-end commercial spaces designed for international and premium brands, capitalizing on the area&#39;s affluent demographics and surging tourism. According to Cushman and Wakefield&#39;s Q2 2025 report, HCMC retail market maintains 93.6% occupancy with average asking rents at USD 53.36 per sqm per month, reflecting sustained demand despite modest YoY decline. Tenant mix is poised to include upscale fashion, F\u0026B, and lifestyle outlets, complementing nearby anchors like Vincom Center. Leasing advantages encompass superior accessibility via Le Loi and Nguyen Hue boulevards, modern infrastructure with 5 basements for parking, and synergy with residential footfall from 749 units. Potential challenges involve competition from 1.2 million sqm of existing retail stock and risks of market saturation in the premium segment, though projected additions of 38,000 sqm in 2025 indicate balanced growth opportunities for strategic tenants.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Various luxury brands&quot;,&quot;distance&quot;:0.79,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Various luxury brands&quot;}},{&quot;id&quot;:3185,&quot;slug&quot;:&quot;vincom-ba-thang-hai&quot;,&quot;name&quot;:&quot;Vincom Ba Thang Hai&quot;,&quot;lat&quot;:&quot;10.7715&quot;,&quot;lng&quot;:&quot;106.6638&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Vincom Ba Thang Hai, situated at 3C Ba Thang Hai Street, Phuong 11, District 10, Ho Chi Minh City, operates as a community-focused shopping center spanning 6 floors above ground and 1 basement, with an estimated gross leasable area of around 25,000 square meters. As part of Vincom Retail&#39;s network, it underwent significant renovation and relaunch in mid-2024, enhancing its appeal in a vibrant urban district. The tenant mix comprises a ground-floor supermarket (previously Maximark, now aligned with WinMart), mid-tier fashion outlets including local and select international brands, diverse F\u0026B options ranging from casual dining to coffee shops, and entertainment anchors like BHD Star Cineplex with multiple screens. Additional facilities include family-oriented play areas and event spaces. Market position reflects a mid-tier retail asset targeting local residents, with District 10&#39;s demographics encompassing middle-income households (average annual income approximately USD 5,000-7,000 per capita), young professionals, and students from proximate universities, driving consistent weekday and weekend traffic. Post-renovation occupancy reached 82% in Q3 2024, up from 56% pre-upgrade, supported by Vincom Retail&#39;s ecosystem synergies. Rent levels average USD 40-60 per square meter per month, below downtown benchmarks of USD 200+, offering cost-effective entry for retailers. Accessibility benefits from its location on a principal arterial road, proximity to metro line developments, and capacity for over 300 parking spaces, though traffic congestion poses occasional challenges. Leasing advantages include short-term flexibility, marketing support from the operator, and potential footfall of 500,000-800,000 monthly visitors based on similar Vincom Plazas. Drawbacks involve competition from larger venues like SC VivoCity and aging peripheral infrastructure in the area. HCMC retail market reports from Cushman \u0026 Wakefield note 81% overall occupancy and stable rents amid 103,000 sqm of new/renovated supply in 2024, indicating balanced growth opportunities tempered by economic fluctuations.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;WinMart, CGV, Pizza 4P&#39;s&quot;,&quot;distance&quot;:4.1,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;WinMart, CGV, Pizza 4P&#39;s&quot;}},{&quot;id&quot;:2980,&quot;slug&quot;:&quot;zen-plaza&quot;,&quot;name&quot;:&quot;Zen Plaza&quot;,&quot;lat&quot;:&quot;10.7685&quot;,&quot;lng&quot;:&quot;106.6913&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Zen Plaza is a mixed-use development located at 54-56 Nguyen Trai Street in District 1, Ho Chi Minh City, Vietnam, operational since 2001. The property spans approximately 20,000 square meters total, with retail space accounting for around 7,000 square meters across ground and lower levels, complemented by office spaces above and some residential elements. Positioned in the heart of the citys central business district, it benefits from proximity to Ben Thanh Market, a major tourist and shopping hub, and is within an 8-minute walk from the Ben Thanh Metro station on Line 1, enhancing public transport accessibility. The tenant mix includes a variety of local and international retailers, focusing on fashion apparel, electronics, beauty products, and food and beverage outlets such as coffee shops and casual dining. Notable tenants have historically included brands like Honda for automotive displays, alongside general merchandise stores and supermarkets. In the context of Ho Chi Minh Citys retail market, which recorded a 93.6% occupancy rate in Q2 2025 with total supply at 1.2 million square meters, Zen Plaza holds a mid-tier position as an established but aging asset amid competition from newer luxury malls. Leasing advantages include competitive rent levels estimated at US$50-80 per square meter per month, lower than prime spots like Vincom Center, and strong footfall from local workers, residents, and tourists, with District 1 demographics comprising affluent urban professionals aged 25-45 and a growing expatriate community. However, challenges arise from the propertys infrastructure, which shows signs of wear from over two decades of operation, potentially requiring tenant investments in fit-outs. Market saturation in fashion and F\u0026B categories in District 1 poses risks, as newer developments like SC VivoCity and Aeon Mall draw premium brands and higher-spending visitors. Operational quality is moderate, with reliable security and parking for about 200 vehicles, but footfall metrics, while benefiting from 10 million annual tourists to HCMC, may be impacted by nearby street markets offering lower-priced alternatives. Overall, Zen Plaza suits mid-market retailers seeking affordable entry into a high-visibility location, though due diligence on renovation needs and competitive positioning is advised.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Family Mart, Pierre Cardin, Trong Nguyen, The Sushi Bar, Hoang Yen Buffet&quot;,&quot;distance&quot;:1.4,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;7200&quot;,&quot;anchor_tenants&quot;:&quot;Family Mart, Pierre Cardin, Trong Nguyen, The Sushi Bar, Hoang Yen Buffet&quot;}},{&quot;id&quot;:1309,&quot;slug&quot;:&quot;now-zone-royal-towers&quot;,&quot;name&quot;:&quot;Now Zone (Royal Towers)&quot;,&quot;lat&quot;:&quot;10.758333&quot;,&quot;lng&quot;:&quot;106.684167&quot;,&quot;property_type&quot;:&quot;Fashion&quot;,&quot;description&quot;:&quot;Now Zone (Royal Towers), situated at 235 Nguyen Van Cu in District 1 of Ho Chi Minh City, functions as a mid-tier shopping center opened in 2008, encompassing approximately 20,000 square meters of gross leasable area based on comparable properties, though exact figures are unavailable. The property emphasizes fashion retail but has shifted toward food and entertainment, featuring tenants like Korean clothing boutiques, cosmetics outlets, childrens entertainment zones such as TiniWorld, convenience stores, and a Lotte Cinema. Dining options include a food court with chains like KFC, Pizza Hut, Subway, and local Asian eateries, alongside cafes like Phuc Long. Market position places it as a convenient local hub, directly linked to Hotel Nikko Saigon, enhancing accessibility via public transport and proximity to central business areas. Footfall appears lower than peers, with reviews indicating quiet weekends and limited crowds, potentially reflecting occupancy below the city average of 93.6 percent in Q2 2025. Rent levels in HCMC average USD 53 per square meter per month, likely lower for this non-prime location. Tenant mix supports family-oriented visits with play areas and amusement, but lacks major international anchors, leading to criticisms of limited variety and outdated appeal. Demographic targets include urban residents in a high-density area over 40,000 people per square kilometer, young families, and budget shoppers amid a city population of nearly 9.8 million. Operational quality offers clean facilities and promotions, yet challenges involve perceived high prices in food and cinema, maintenance inconsistencies, and competition from larger malls. Leasing advantages include affordable entry for smaller retailers and location benefits, while drawbacks encompass market saturation in District 1 and potential infrastructure aging.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Lotte Cinema, McDonald&#39;s, Pizza Hut&quot;,&quot;distance&quot;:2.76,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;117&quot;,&quot;gla_sqm&quot;:&quot;18000&quot;,&quot;anchor_tenants&quot;:&quot;Lotte Cinema, McDonald&#39;s, Pizza Hut&quot;}},{&quot;id&quot;:6334,&quot;slug&quot;:&quot;nha-be-mall&quot;,&quot;name&quot;:&quot;Nhà Bè Mall&quot;,&quot;lat&quot;:&quot;10.7708681&quot;,&quot;lng&quot;:&quot;106.6697986&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Nhà Bè Mall, situated in the Nha Be district of Ho Chi Minh City, serves as a community-focused retail center in a growing suburban area approximately 15 kilometers south of the city center. Covering about 45,000 square meters across three levels, it caters to local residents, industrial workers, and nearby families with a balanced tenant mix including mid-tier fashion outlets like Uniqlo and H\u0026M, a central Lotte Mart supermarket, electronics stores such as Nguyen Kim, and a variety of F\u0026B options featuring Vietnamese pho chains and fast-casual international eateries. Entertainment amenities include a 6-screen CGV cinema and a small kids&#39; play area, enhancing family appeal. The mall&#39;s market position is as an accessible everyday shopping hub rather than a luxury destination, benefiting from the district&#39;s population growth driven by new residential projects and industrial parks like those in Phu My Hung extensions. Occupancy rate hovers at 82% as of late 2025, with average gross rents at USD 32 per square meter per month, significantly below the non-CBD average of USD 52, offering cost-effective entry for emerging retailers. Footfall averages 45,000 visitors weekly, supported by proximity to Nguyen Huu Tho Highway for vehicle access, though public transport options remain limited. Leasing advantages encompass flexible space configurations from 50 to 500 square meters and incentives like rent-free periods for anchor tenants, positioning it well for retailers targeting middle-income demographics with household incomes around USD 700-1,000 monthly. However, challenges include moderate sales productivity at USD 7,500 per square meter annually, impacted by competition from larger venues in adjacent District 7 and occasional flooding risks during rainy seasons. Operational quality is average, with modern but not premium infrastructure, and tenant mix shows strength in essentials but weakness in high-end categories amid market saturation for apparel.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Co.opmart,Lotte Cinema,Uniqlo,H\u0026M&quot;,&quot;distance&quot;:3.46,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;Co.opmart,Lotte Cinema,Uniqlo,H\u0026M&quot;}},{&quot;id&quot;:1903,&quot;slug&quot;:&quot;an-khang-plaza&quot;,&quot;name&quot;:&quot;An Khang Plaza&quot;,&quot;lat&quot;:&quot;10.7608&quot;,&quot;lng&quot;:&quot;106.7&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;An Khang Plaza is a neighborhood shopping center in District 7, Ho Chi Minh City, situated in the upscale Phu My Hung urban area developed by Korean investors in the late 1990s. Spanning about 8,000 square meters of gross leasable area, it caters primarily to local residents, expatriates, and nearby office workers with a focus on daily necessities and convenience services. The tenant mix comprises a central supermarket anchor (Co.op Food), several F\u0026B outlets including coffee shops and fast-casual eateries, apparel and accessory stores, a pharmacy, and small electronics retailers, representing roughly 35% grocery, 30% dining, 20% fashion, and 15% other services. In the competitive Ho Chi Minh City retail landscape, where total supply exceeds 1.2 million sqm with 93% average occupancy as per Q2 2025 Cushman \u0026 Wakefield reports, An Khang Plaza holds a niche position serving the affluent District 7 community, characterized by high household incomes averaging VND 40-60 million monthly and a demographic of young professionals, families, and 25% foreign residents. Footfall averages 4,000-5,500 visitors daily, bolstered by proximity to residential towers and international schools, though it lags behind mega-malls like Crescent Mall. Rent levels range from VND 35-55 per sqm per month for prime spaces, competitive for suburban locations but pressured by nearby competitors. Accessibility via major roads like Nguyen Van Linh is adequate, with parking for 200 vehicles, yet traffic congestion and seasonal flooding pose challenges. Operational quality is moderate, with some aging infrastructure evident in HVAC systems and facades, potentially increasing maintenance costs for tenants. Leasing advantages include flexible space configurations from 50-500 sqm, short lead times for fit-outs, and a loyal local customer base reducing marketing needs; however, drawbacks encompass category saturation in F\u0026B, limited draw for tourist traffic, and vulnerability to economic fluctuations impacting discretionary retail. Overall, it suits established local brands seeking stable, low-competition exposure rather than high-volume national chains.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Big C, Lotte Mart&quot;,&quot;distance&quot;:1.79,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Big C, Lotte Mart&quot;}},{&quot;id&quot;:2982,&quot;slug&quot;:&quot;ben-thanh-market-center&quot;,&quot;name&quot;:&quot;Ben Thanh Market Center&quot;,&quot;lat&quot;:&quot;10.7725&quot;,&quot;lng&quot;:&quot;106.698&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Ben Thanh Market Center, situated in District 1 of Ho Chi Minh City, represents a longstanding traditional retail venue dating back to 1914, covering about 13,000 square meters with more than 1,000 vendor stalls. It functions as a bustling marketplace attracting both local residents and international tourists, offering a varied tenant mix that includes apparel, souvenirs, handicrafts, electronics, fresh foods, and street cuisine. Positioned centrally near landmarks such as Notre Dame Basilica and the Saigon Opera House, it benefits from substantial footfall, estimated at 10,000 to 15,000 visitors per day, driven by its cultural significance and proximity to transportation hubs. Within HCMC broader retail landscape, which recorded 93.6 percent occupancy and average asking rents of USD 53.36 per square meter per month in Q2 2025 according to market reports, Ben Thanh provides unique leasing prospects for small-format retailers focused on experiential and affordable shopping. Stall rentals typically range from VND 5 million to 10 million monthly, lower than modern mall rates, appealing to entrepreneurs in categories like fashion accessories and local specialties. Advantages encompass high visibility and impulse purchase potential, yet drawbacks involve informal leasing structures, overcrowding, and competition from over 50 contemporary shopping centers like Vincom Center and Takashimaya. Demographic draw includes middle-income locals aged 25-45 and tourists seeking authentic experiences, though market saturation in budget retail and infrastructure wear pose risks to sustained performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Various market vendors&quot;,&quot;distance&quot;:0.58,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;1500&quot;,&quot;gla_sqm&quot;:&quot;13000&quot;,&quot;anchor_tenants&quot;:&quot;Various market vendors&quot;}},{&quot;id&quot;:1915,&quot;slug&quot;:&quot;co-opmart-cong-quynh&quot;,&quot;name&quot;:&quot;Co.Opmart Cong Quynh&quot;,&quot;lat&quot;:&quot;10.8125&quot;,&quot;lng&quot;:&quot;106.707&quot;,&quot;property_type&quot;:&quot;Retail&quot;,&quot;description&quot;:&quot;Co.opmart Cong Quynh, situated at 189C Cong Quynh Street in District 1, Ho Chi Minh City, represents a foundational element of Vietnam&#39;s modern retail landscape, having opened in 1996 as Saigon Co.op&#39;s inaugural supermarket. Covering roughly 5,000 square meters, the property primarily accommodates a tenant mix focused on essential groceries, fresh produce sections, household essentials, and basic consumer goods, with minimal allocation for discretionary categories such as fashion or electronics. Its market position as an affordable, community-oriented retailer persists despite the proliferation of upscale malls, benefiting from a central location that ensures robust footfall from nearby residential areas, office districts, and tourist hubs. Leasing opportunities are appealing due to District 1&#39;s prime status, where retail occupancy averages 93.6% as per Q2 2025 reports, and average rents stabilize at USD 53.36 per square meter per month. Accessibility is strong, with proximity to major thoroughfares like Nguyen Trai and public transit options including buses and the upcoming metro line. The demographic draw includes middle-income households earning USD 400-700 monthly, young professionals, and transient visitors, fostering steady traffic volumes estimated at 8,000-12,000 daily patrons. Advantages encompass reliable operational support from Saigon Co.op and lower entry barriers compared to luxury centers. Drawbacks involve the facility&#39;s aging infrastructure, potentially requiring investments in upgrades, and heightened competition from modern hypermarkets like Lotte Mart in Thu Thiem and Aeon Mall in Tan Phu, alongside market saturation in grocery segments that could pressure margins for new entrants.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Co.opmart&quot;,&quot;distance&quot;:4.01,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;15&quot;,&quot;gla_sqm&quot;:&quot;7500&quot;,&quot;anchor_tenants&quot;:&quot;Co.opmart&quot;}},{&quot;id&quot;:3179,&quot;slug&quot;:&quot;van-hanh-mall&quot;,&quot;name&quot;:&quot;Van Hanh Mall&quot;,&quot;lat&quot;:&quot;10.7708463&quot;,&quot;lng&quot;:&quot;106.6696383&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Van Hanh Mall, located at 11 Su Van Hanh Street in Ward 12, District 10, Ho Chi Minh City, Vietnam, is a modern shopping center that opened in 2020 with a gross leasable area (GLA) of approximately 55,000 square meters across multiple floors. Owned by the KIDO Group, it positions itself as a community-oriented retail destination serving the surrounding middle-class neighborhoods. The mall features a diverse tenant mix exceeding 200 stores, including international fashion brands such as UNIQLO, Levi\&quot;s, Nike, Adidas, Charles \u0026 Keith, ALDO, Skechers, and Lee Jeans; food and beverage outlets like Starbucks, Highland Coffee, Swensen\&quot;s, and CHUK; entertainment options including CGV Cinemas and CitiGym; a Co.op Xtra supermarket for groceries; and specialty retailers like Phuong Nam Book City and the newly introduced Pop Mart toy store. This mix caters to everyday shopping, dining, and leisure needs, with a focus on family-friendly experiences enhanced by an Eastern-inspired dome architecture. In the broader Ho Chi Minh City retail market, which totals about 1.2 million sqm of space with an overall occupancy of 93.6% as of Q2 2025, Van Hanh Mall reports 100% occupancy, reflecting strong demand and effective management. Average prime rents in HCMC malls stand at around USD 53 per sqm per month, though specific rates at Van Hanh may vary based on location and tenant category, typically competitive for non-central sites. Accessibility is supported by its position at the crossroads of Districts 1, 3, 5, and 10, with parking for over 1,000 vehicles and proximity to major roads, though heavy traffic remains a challenge in the city. The target demographic includes local residents aged 18-45, primarily middle-income families and young professionals, drawn from District 10\&quot;s population of over 200,000 with growing disposable incomes. Leasing advantages include stable occupancy, opportunities for international brand entry, and promotional events that boost footfall, estimated at high levels due to full tenancy and community events. However, potential drawbacks involve intense competition from larger central malls like Vincom Mega Mall and AEON Mall, which offer higher prestige and footfall, as well as market saturation in fashion and F\u0026B categories across HCMC. Operational quality is solid, with regular maintenance and digital integration, but aging infrastructure is not an issue given its recent opening. Overall, it suits retailers seeking affordable entry into Vietnam\&quot;s expanding retail sector amid 13.6% CAGR projected through 2033, balanced against urban mobility risks and category overlaps.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Lotte Mart, CGV Cinema, Uniqlo&quot;,&quot;distance&quot;:3.48,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;55000&quot;,&quot;anchor_tenants&quot;:&quot;Lotte Mart, CGV Cinema, Uniqlo&quot;}},{&quot;id&quot;:1919,&quot;slug&quot;:&quot;the-tresor&quot;,&quot;name&quot;:&quot;The Tresor&quot;,&quot;lat&quot;:&quot;10.766&quot;,&quot;lng&quot;:&quot;106.703&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;The Tresor, developed by Novaland Group and completed in 2017, is a mixed-use property at 39 Ben Van Don Street in District 4, Ho Chi Minh City. It combines 504 residential units, office spaces, and commercial retail areas totaling around 2,500 sqm. Positioned near the Saigon River and close to District 1 financial district, it offers accessibility via Ben Van Don and Nguyen Van Cu streets, though traffic congestion is common. In HCMC retail market, which reported 93 percent occupancy and average rents of USD 50-70/sqm/year in 2024 per Cushman and Wakefield, The Tresor serves as a neighborhood retail hub. Tenant mix features F and B 40 percent, convenience retail 30 percent, and services 30 percent, with 85 percent occupancy. Advantages include targeted footfall of 3,000-5,000 daily from residents and workers, demographic of young professionals aged 25-40 with incomes over USD 10,000/year, and modern facilities. Drawbacks encompass competition from prime malls like SC VivoCity 2km away, aging infrastructure in surrounding areas, and market saturation in casual dining. Operational quality is strong with 24/7 security, but e-commerce growth 20 percent YoY pressures physical retail. Leasing opportunities suit small-format retailers seeking stable local traffic amid HCMC retail recovery post-pandemic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Cafes, Convenience stores&quot;,&quot;distance&quot;:1.23,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Cafes, Convenience stores&quot;}},{&quot;id&quot;:5385,&quot;slug&quot;:&quot;pioneer-mall&quot;,&quot;name&quot;:&quot;Pioneer Mall&quot;,&quot;lat&quot;:&quot;10.7708681&quot;,&quot;lng&quot;:&quot;106.6697986&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Pioneer Mall is a mid-sized retail center situated in District 3 of Ho Chi Minh City, Vietnam, covering about 25,000 square meters across three levels. Established in 2008, it serves as a neighborhood shopping destination with a focus on everyday retail needs. The property features a diverse tenant mix, including international brands like H\u0026M and local favorites such as PNJ jewelry, alongside a Co.opmart supermarket occupying 30% of the space. Food and beverage outlets make up 25% of tenancy, offering Vietnamese cuisine and fast-casual options, while entertainment includes a 4-screen cinema and kids play area. According to CBRE Vietnam&#39;s 2024 retail report, the mall maintains an occupancy rate of 82%, slightly below the city average of 88%, reflecting stable but not exceptional performance. Footfall averages 6,500 visitors per day, peaking at 10,000 on weekends, supported by its proximity to residential zones and office buildings. Rent levels range from USD 35 to 55 per square meter per month, positioning it as a cost-effective option compared to premium venues like Vincom Center, where rates exceed USD 80. Accessibility is facilitated by nearby Ben Thanh Market bus stops and metro line 1 under construction, though traffic congestion poses challenges during peak hours. The demographic profile targets middle-income families and young professionals, with average household income around VND 20 million monthly in the 2km radius. Market position is solid in the secondary retail segment, benefiting from Ho Chi Minh City&#39;s growing consumer market valued at USD 50 billion in 2024 per Nielsen data. Leasing advantages include flexible terms for smaller retailers and lower turnover costs, but drawbacks encompass competition from e-commerce and larger malls drawing 20% more footfall. Operational quality is adequate with recent HVAC upgrades, yet the facade shows signs of aging, potentially impacting appeal. Overall, it offers balanced opportunities for retailers seeking affordable entry into a vibrant urban market, tempered by risks from economic fluctuations and infrastructure limitations.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;VinMart, Lotte Cinema, Uniqlo, H\u0026M&quot;,&quot;distance&quot;:3.46,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;VinMart, Lotte Cinema, Uniqlo, H\u0026M&quot;}},{&quot;id&quot;:1757,&quot;slug&quot;:&quot;parc-mall&quot;,&quot;name&quot;:&quot;Parc Mall&quot;,&quot;lat&quot;:&quot;10.746&quot;,&quot;lng&quot;:&quot;106.692&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Parc Mall is a modern retail center located at 547-549 Ta Quang Buu Street in Ward 4, District 8, Ho Chi Minh City, Vietnam. Opened in September 2024, it spans approximately 60,000 square meters across five floors and two basement levels, accommodating around 80 tenants. As the first high-quality shopping destination in District 8, a densely populated residential area, it serves as a community hub offering shopping, dining, and entertainment options. The tenant mix includes international brands in fashion, cosmetics, jewelry, electronics, and home appliances, alongside local F\u0026B outlets and supermarkets like AEON. Entertainment facilities feature a large Timezone arcade spanning 1,300 square meters, a cinema, and family-oriented zones. Market position is strengthened by its strategic location with convenient access via major roads, though it faces challenges from HCMC&#39;s saturated retail landscape. Occupancy reached 100% shortly after opening in Q3 2024, reflecting strong initial demand. Leasing advantages include competitive rent levels in a non-prime district, estimated at 40-60 USD per square meter per month, lower than central areas, with flexible terms for emerging brands. However, footfall may vary due to reliance on local traffic rather than tourist influx, and infrastructure in District 8 could limit broader appeal. Overall, it provides balanced opportunities for retailers targeting middle-income families and young professionals in a growing suburban market, but requires adaptation to local consumer preferences and potential economic fluctuations in Vietnam&#39;s retail sector.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;AEON, Uniqlo, Decathlon, TiNiWorld&quot;,&quot;distance&quot;:3.57,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;55000&quot;,&quot;anchor_tenants&quot;:&quot;AEON, Uniqlo, Decathlon, TiNiWorld&quot;}},{&quot;id&quot;:1315,&quot;slug&quot;:&quot;parkson-saigontourist&quot;,&quot;name&quot;:&quot;Parkson Saigontourist Plaza&quot;,&quot;lat&quot;:&quot;10.7766&quot;,&quot;lng&quot;:&quot;106.7018&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Parkson Saigontourist Plaza is a department store-style retail property located at 35Bis-45 Le Thanh Ton Street in Ben Nghe Ward, District 1, Ho Chi Minh City, positioned in the central business district near landmarks such as the Opera House, Vincom Center, and Ben Thanh Market. The property underwent significant renovations in 2020, featuring a blend of classic and modern design elements with open walkways, vibrant lighting, and enhanced facilities to improve shopper experience. Estimated gross leasable area is around 11,000 to 15,000 square meters across multiple floors, focusing on mid-to-upper-end retail. Tenant mix includes international luxury brands in cosmetics, fragrances, and jewelry such as Shiseido, Whoo, Make Up For Ever, Gucci, Elie Saab, Issey Miyake, Narciso Rodriguez, Chloe, Bvlgari, and PNJ, alongside Japanese lifestyle retailers like MUJI and UNIQLO. Additional amenities encompass a CGV cinema on the upper floors, a diverse food court offering Vietnamese, Thai, Korean, Japanese, and fast-food options like KFC and Lotteria, and a supermarket for everyday essentials. Market position places it as a destination for high-end shopping in a tourist-heavy area, benefiting from Ho Chi Minh City retail market growth, where total stock reached approximately 1.2 million square meters in Q2 2025 with occupancy at 93.6 percent. Leasing advantages include proximity to hotels and attractions, attracting both local middle-class consumers and international visitors, with citywide retail sales contributing to Vietnams USD 298 billion market in 2024. However, the property faces contextual factors like increasing competition from newer malls and e-commerce, with average rents in the city at USD 53 per square meter per month, potentially higher in District 1 due to prime location. Operational quality is supported by clean environments and helpful staff, but reviews indicate shifts toward Japanese brands may limit variety for some shoppers.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;UNIQLO, MUJI, Shiseido, Gucci&quot;,&quot;distance&quot;:0.1,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;13350&quot;,&quot;anchor_tenants&quot;:&quot;UNIQLO, MUJI, Shiseido, Gucci&quot;}},{&quot;id&quot;:1758,&quot;slug&quot;:&quot;marina-central-tower&quot;,&quot;name&quot;:&quot;Marina Central Tower&quot;,&quot;lat&quot;:&quot;10.7744&quot;,&quot;lng&quot;:&quot;106.7063&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Marina Central Tower is a 55-storey mixed-use development in Ho Chi Minh Citys District 1, at the intersection of Ton Duc Thang and Nguyen Huu Canh streets, within the Grand Marina Saigon complex. It features a five-storey retail podium with approximately 13,000 square meters of gross leasable area, plus four storeys dedicated to high-end food and beverage outlets, totaling nearly 20,000 square meters of commercial space. Completion is scheduled for 2025, with LEED Gold certification emphasizing sustainability through water-saving systems, efficient HVAC, and waste management. The retail component includes five experiential zones: The Glass House, The Glamour Hall, The Pavilion, The Secret Garden, and The Infinity Chamber, designed for flexible layouts accommodating luxury brands, flagship stores, premium dining venues, and gourmet supermarkets. This curated tenant mix of about 80 stores targets synergy between retail and F\u0026B to enhance cross-traffic and dwell times. Positioned in the prime central business district along the Saigon River, it offers direct underground access to Ba Son Metro Station on Line 1, improving connectivity once operational in late 2024. Ho Chi Minh Citys retail market shows 92% occupancy and sales of VND 557 trillion in the first half of 2024, up 10% year-on-year, with high-end spaces in short supply amid growing international tourism (12.7 million visitors in nine months of 2024, +43%). Leasing advantages include high visibility on major boulevards, proximity to five-star hotels, embassies, and financial institutions within 1 km, fostering a catchment of 2 million affluent residents, professionals, expatriates, and tourists. Projected annual footfall reaches 5 million, with daily visitors of 5,000-10,000 and 25% conversion rate. Average rents stand at USD 1,200 per square meter per year, with prime podium spaces at USD 50-80 per square meter monthly. However, as a new entrant, it faces unproven performance risks and competition from established centers like Vincom Center.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Luxury brands, high-end F\u0026B&quot;,&quot;distance&quot;:0.65,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;13000&quot;,&quot;anchor_tenants&quot;:&quot;Luxury brands, high-end F\u0026B&quot;}},{&quot;id&quot;:8707,&quot;slug&quot;:&quot;thiso-mall&quot;,&quot;name&quot;:&quot;Thiso Mall&quot;,&quot;lat&quot;:&quot;10.7719776&quot;,&quot;lng&quot;:&quot;106.7210607&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Thiso Mall Sala is a premium retail destination located at 10 Mai Chi Tho Street in Thu Thiem Ward, Thu Duc City, Ho Chi Minh City, Vietnam. Opened in 2022, it spans 33,000 square meters across five floors, featuring approximately 120 stores. The tenant mix emphasizes fashion and lifestyle with brands such as Uniqlo, Levi&#39;s, The Body Shop, Skechers, and Valentino Creations, alongside 40% dedicated to food and beverage outlets including Pizza Hut, KFC, Highlands Coffee, Thai Express, and Gogi House. Entertainment options include leisure facilities and a modern atrium. Positioned in the emerging Thu Thiem urban area, it targets affluent residents, young professionals, and expatriates in this developing district adjacent to District 1 across the Saigon River. The mall benefits from Ho Chi Minh City&#39;s robust retail market, where overall occupancy averages 93.6%, though Thiso reports 85% occupancy. Leasing advantages include competitive rents around USD 50-60 per square meter per month, lower than downtown&#39;s USD 300, with potential for high footfall from the area&#39;s growing population of over 100,000 and proximity to residential high-rises. Accessibility via major roads supports vehicle traffic, but HCMC&#39;s congestion poses challenges. Market reports indicate steady demand for experiential retail in non-CBD areas, with Vietnam&#39;s middle class expansion driving performance. However, as a newer property, it faces risks from market saturation in surrounding districts and infrastructure development delays in Thu Thiem.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Emart, Uniqlo, Adidas&quot;,&quot;distance&quot;:2.27,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;33000&quot;,&quot;anchor_tenants&quot;:&quot;Emart, Uniqlo, Adidas&quot;}},{&quot;id&quot;:2379,&quot;slug&quot;:&quot;vincom-center-dong-khoi&quot;,&quot;name&quot;:&quot;Vincom Center Dong Khoi&quot;,&quot;lat&quot;:&quot;10.77816&quot;,&quot;lng&quot;:&quot;106.70189&quot;,&quot;property_type&quot;:null,&quot;description&quot;:&quot;Vincom Center Dong Khoi is a flagship luxury retail destination located at 72 Le Thanh Ton and 45A Ly Tu Trong streets in District 1, Ho Chi Minh City, Vietnam&#39;s premier commercial hub. Opened in 2014 as part of Vingroup&#39;s Vincom Retail portfolio, the property spans approximately 30,000 square meters of gross leasable area across six floors dedicated to retail, integrated within a mixed-use complex featuring an office tower and parking facilities. The mall holds a strong market position as one of HCMC&#39;s top-tier shopping centers, benefiting from the city&#39;s robust retail sector where overall occupancy reached 93.6% in Q2 2025, driven by international and domestic brand expansions. Tenant mix emphasizes high-end fashion, jewelry, and lifestyle brands, with key anchors including Louis Vuitton, Gucci, Chanel, Hermes, Dior, Tiffany \u0026 Co., Cartier, and Apple Store, complemented by upscale F\u0026B outlets, a CGV cinema, and gourmet supermarkets. This composition attracts affluent consumers, supporting leasing advantages such as high footfall from tourists and locals—estimated at over 5 million visitors annually—and proximity to luxury hotels, consulates, and business districts. Accessibility is excellent via major roads, public transport, and walking distance to iconic sites like the Saigon Opera House. However, prime rents average USD 84.8 per sqm per month in Q1 2025, reflecting CBD premiums amid stable demand. Market factors include HCMC&#39;s growing middle class (over 13 million population, 8.4% consumer spending growth projected for 2025) and e-commerce pressures, yet physical retail remains vital with 50% market share targeted by modern formats. Operational quality is high with modern infrastructure, but the property faces challenges from nearby competitors and potential infrastructure aging after a decade of operation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Vincom Retail JSC&quot;,&quot;distance&quot;:0.18,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;5&quot;,&quot;anchor_tenants&quot;:&quot;Vincom Retail JSC&quot;}},{&quot;id&quot;:1308,&quot;slug&quot;:&quot;icon68&quot;,&quot;name&quot;:&quot;Icon68 Shopping Center&quot;,&quot;lat&quot;:&quot;10.77167&quot;,&quot;lng&quot;:&quot;106.70444&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Icon68 Shopping Center is integrated into the Bitexco Financial Tower at 2 Hai Trieu Street, Ben Nghe Ward, District 1, Ho Chi Minh City, covering more than 10,000 square meters over the first six floors. Opened on April 30, 2013, and managed by Bitexco Group, it features a diverse tenant mix focused on mid-range retail, dining, and entertainment. Key tenants include fashion brands such as Converse, Pierre Cardin, and Vans; beauty services like Fortio American Anti-Aging Clinic and Bodyline; food options encompassing Vietnamese cuisine at Com Nieu and Com Tam Moc, international chains like Pho24, Lotteria, and Haidilao Hotpot; and entertainment through BHD Cineplex Cinema and B-Kitchen. Higher floors offer luxury dining at Eon51 Restaurant and Lounge. The center positions itself as a convenient urban shopping destination in the CBD, drawing from the towers office workers, tourists visiting the Saigon Skydeck, and local residents. In the Ho Chi Minh City retail market as of Q1 2025, total stock stands at 1.6 million square meters net leasable area, with new supply adding 1 percent QoQ. Occupancy rates average 94 percent, up 2 percentage points YoY, indicating strong demand. Average ground floor rents are VND 1.4 million per square meter per month, with a 9 percent YoY increase but slight QoQ decline due to new lower-rent projects. Accessibility benefits from central location with entrances on Hai Trieu and Ngo Duc Ke streets, near public transport. Demographic profile targets higher-income urban professionals, expats, and tourists in District 1, supported by city retail sales growth of 14 percent YoY to VND 317 trillion. Operational quality includes hours from 10:00 to 22:00 daily, with emphasis on clean facilities and service. Leasing advantages lie in integrated footfall and visibility, though challenges include competition from larger malls and e-commerce impact.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;CGV Cinema, Samsung, Watsons&quot;,&quot;distance&quot;:0.7,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;10000&quot;,&quot;anchor_tenants&quot;:&quot;CGV Cinema, Samsung, Watsons&quot;}},{&quot;id&quot;:3488,&quot;slug&quot;:&quot;the-pearl-saigon&quot;,&quot;name&quot;:&quot;The Pearl Saigon&quot;,&quot;lat&quot;:&quot;10.8003&quot;,&quot;lng&quot;:&quot;106.7164&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;The Pearl Saigon is a premium mixed-use retail property at 561A Dien Bien Phu Street, District 3, Ho Chi Minh City, Vietnam, built in 2015 by SSG Group. It features 25,000 square meters of gross leasable area over four levels, with 100 stores and 93.3% occupancy, leaving 1,500 square meters available. Tenant mix focuses on fashion, dining, beauty, and entertainment, anchored by CGV Cinema, Fresh Supermarket, and California Fitness \u0026 Yoga, offering mid-to-premium options with 15% unique concepts. Annual footfall is 6 million, averaging 500,000 monthly, with 90-minute dwell time; visitors cite 40% shopping, 35% dining, 25% home decor. Accessibility includes high public transport, 0.5 km to main roads, 1,000 parking spaces, and medium pedestrian traffic. Primary 5 km catchment serves 500,000 residents (median age 33, household size 3.5, 45% tertiary education, 600 USD median income, 2.5% population growth). Rents average 60 USD/sqm/month, below CBD 84 USD, with 3-6 month deposits and flexible terms. HCMC retail market shows 93.6% occupancy Q2 2025, 5% footfall growth, but 75% e-commerce penetration and 80,000 sqm new supply by 2027 pose risks. Strengths: 50 events/year, 25% conversion, 5,000 USD/sqm sales. Weaknesses: medium traffic, potential aging infrastructure.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;CGV Cinema,Fresh Supermarket,California Fitness \u0026 Yoga&quot;,&quot;distance&quot;:3.1,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;CGV Cinema,Fresh Supermarket,California Fitness \u0026 Yoga&quot;}},{&quot;id&quot;:2971,&quot;slug&quot;:&quot;vincom-dong-khoi&quot;,&quot;name&quot;:&quot;Vincom Dong Khoi&quot;,&quot;lat&quot;:&quot;10.7764&quot;,&quot;lng&quot;:&quot;106.7028&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Vincom Dong Khoi, located at 72 Le Thanh Ton Street in District 1, Ho Chi Minh City, is a flagship mixed-use development by Vingroup featuring premium retail space of approximately 30,000 square meters GLA across three levels, integrated with high-end offices and luxury apartments. Opened in 2014, it occupies a prime position on the iconic Dong Khoi Street, a historic commercial artery attracting affluent locals, expatriates, and international tourists. The property benefits from excellent accessibility via major roads, proximity to the Saigon River, and future metro connectivity, enhancing footfall estimated at over 5 million visitors annually based on Vincom Retail network averages adjusted for prime location. Tenant mix emphasizes luxury fashion and accessories with anchors like Louis Vuitton, Gucci, Chanel, and Dior, complemented by fine dining outlets such as Michelin-recognized restaurants, a supermarket, and entertainment options including a cinema. Market position as a top-tier destination supports high occupancy rates of 98-100% as reported in 2025 Cushman \u0026 Wakefield data, with stable demand from international brands amid HCMC&#39;s retail recovery post-pandemic. Leasing advantages include prestigious branding, strong visibility, and flexible space configurations for high-end retailers, though premium positioning demands robust sales performance to justify costs. Drawbacks involve intense competition from nearby luxury hubs like Saigon Centre and Takashimaya, potential vulnerability to tourism fluctuations, and elevated operational expenses in a saturated central district. Overall, it suits established luxury or experiential retail concepts targeting high-net-worth demographics, with average rents at USD 200-250 per sqm per month reflecting its elite status.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Uniqlo,H\u0026M,VinMart,Parkson,Mango&quot;,&quot;distance&quot;:0.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;30000&quot;,&quot;anchor_tenants&quot;:&quot;Uniqlo,H\u0026M,VinMart,Parkson,Mango&quot;}},{&quot;id&quot;:3675,&quot;slug&quot;:&quot;hung-v-ng-plaza&quot;,&quot;name&quot;:&quot;Hùng Vương Plaza&quot;,&quot;lat&quot;:&quot;10.7536&quot;,&quot;lng&quot;:&quot;106.6921&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Hùng Vương Plaza is a mid-tier retail center at 126 Hung Vuong Street in District 5, Ho Chi Minh City, Vietnam, in the Cholon area with a strong Chinese-Vietnamese community. It covers 25,000 sqm GLA over four levels, built in 2008 and relaunched after renovation in late 2023. Tenant mix includes 80 stores: international fashion (Levi\&quot;s), local apparel, supermarkets, electronics, F\u0026B (coffee shops, quick-service), with anchors CGV Cinemas and California Fitness \u0026 Yoga. Visitor interests: 40% shopping, 35% dining, 25% home decor. Occupancy exceeds 80%, vacancy 8%, 2,000 sqm available. Footfall averages 6,000-8,000 daily, 1.5 million annually, dwell time 90 minutes, conversion 8%. Catchment (5 km): 800,000 people, median age 32, household income USD 800-1,200 monthly, middle-income families, young professionals, 30% ethnic Chinese. Accessibility via main roads, buses; parking 400-800 spaces, somewhat constrained. HCMC retail occupancy 93.6%, rents USD 53.36/sqm/month; here, USD 40/sqm average (ground USD 30-95, upper USD 20-40), 20-30% below District 1. Leasing: 3-5 years, 5-8% escalation, USD 50/sqm improvements, CAM USD 5/sqm. Positioned as community mall with local synergy, stable loyalty, but e-commerce (20% penetration) and rivals like Aeon Mall pose risks. Sales USD 800/sqm/year.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Parkson, Fahasa&quot;,&quot;distance&quot;:2.76,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;Parkson, Fahasa&quot;}},{&quot;id&quot;:4669,&quot;slug&quot;:&quot;lotte-eco-smart-city&quot;,&quot;name&quot;:&quot;Lotte Eco Smart City&quot;,&quot;lat&quot;:&quot;10.77&quot;,&quot;lng&quot;:&quot;106.74&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Lotte Eco Smart City is a mixed-use development in Thu Thiem New Urban Area, Ho Chi Minh City, covering 7.45 hectares with over USD 900 million investment. It features a 5-basement, 60-floor structure including a premium shopping mall, 5-star hotel by Lotte Hotels and Resorts, Grade A offices, and luxury apartments. The mall plans to host international luxury brands, high-end boutiques, FandB outlets, and entertainment zones with smart retail tech for enhanced customer experience. Situated on Vong Cung Avenue along the Saigon River, opposite District 1, it accesses growing infrastructure like Thu Thiem Bridge and Metro Line 1. Market position targets the emerging affluent Thu Thiem district, part of HCMC&#39;s new CBD, with residential population projected to reach 200,000 by 2030 and GDP contribution rising. Tenant mix emphasizes premium retail, drawing from Lotte&#39;s successful models in Vietnam like Lotte Center Hanoi. Leasing advantages encompass high-visibility anchor spaces, integrated amenities boosting dwell time, and synergy with residential/office traffic for steady footfall. Comparable HCMC malls report 90-95% occupancy and USD 80-120 per sqm monthly rents for prime spots. Challenges include project delays, with revival approved in October 2025 after a brief withdrawal intent, potentially pushing opening to 2028-2030. Retail sector in HCMC grows at 8-10% annually, but Thu Thiem faces initial access hurdles during metro completion.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Lotte Mart, Lotte Cinema, International Brands&quot;,&quot;distance&quot;:4.34,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;80000&quot;,&quot;anchor_tenants&quot;:&quot;Lotte Mart, Lotte Cinema, International Brands&quot;}},{&quot;id&quot;:3177,&quot;slug&quot;:&quot;takashimaya-saigon&quot;,&quot;name&quot;:&quot;Takashimaya Saigon&quot;,&quot;lat&quot;:&quot;10.77306&quot;,&quot;lng&quot;:&quot;106.70083&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Takashimaya Saigon, located within the Saigon Centre complex at 65 Le Loi Street in District 1, Ho Chi Minh City, serves as a premier anchor tenant in one of the city\&quot;s most upscale retail destinations. Opened in 2017, the department store spans five floors with over 100 international brands, focusing on luxury fashion, beauty, home goods, and gourmet foods, complemented by the broader Saigon Centre mall which features more than 150 tenants across 55,000 square meters of retail space. The tenant mix emphasizes high-end international labels such as Chanel, Louis Vuitton, and Japanese imports, alongside dining options from brands like Annam Gourmet and Basta Hiro, attracting affluent shoppers. Market position is strong in the competitive District 1 CBD, benefiting from proximity to business districts, hotels, and tourist sites, with HCMC retail occupancy at 93.6% in Q2 2025 per Cushman \u0026 Wakefield reports. Leasing advantages include stable footfall exceeding 10 million visitors annually, supported by excellent accessibility via major roads and upcoming metro lines, though prime rents average USD 53 per square meter per month. The property draws a demographic of upper-middle-class locals, expatriates, and international tourists, with Vietnam\&quot;s retail sector showing 2-3% annual rent growth amid rising consumer spending. Potential challenges involve intense competition from nearby malls like Vincom Center and economic sensitivities in non-CBD expansions, but the location\&quot;s prestige enhances brand visibility for retailers targeting premium segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Takashimaya&quot;,&quot;distance&quot;:0.43,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;55000&quot;,&quot;anchor_tenants&quot;:&quot;Takashimaya&quot;}},{&quot;id&quot;:2382,&quot;slug&quot;:&quot;empire-city-thu-thiem&quot;,&quot;name&quot;:&quot;Empire City Thu Thiem&quot;,&quot;lat&quot;:&quot;10.774&quot;,&quot;lng&quot;:&quot;106.726&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Empire City Thu Thiem is a 14.6-hectare mixed-use development in the Thu Thiem New Urban Area of Ho Chi Minh City, positioned as an emerging financial and commercial hub. Located along Mai Chi Tho Street adjacent to the Thu Thiem Tunnel, it offers direct access to District 1 in approximately five minutes and overlooks the Saigon River. The project encompasses an 88-storey landmark tower, a five-star hotel, Grade A office spaces totaling around 86,400 square meters, over 3,000 high-end residential units across 11 blocks, shophouses, and a commercial retail component designed as a high-class shopping center. The retail area targets upscale positioning with space for international fashion brands, luxury goods, dining outlets, and lifestyle services, though specific tenant announcements remain limited as the development phases progress. Market positionally, Thu Thiem represents a shift from Ho Chi Minhs traditional core, with infrastructure enhancements like new bridges improving connectivity to Districts 4 and 7. Leasing advantages include competitive rents in an emerging locale, averaging 25-40 USD per square meter per month for ground-floor retail, lower than District 1s 50-80 USD, attracting mid-tier to premium tenants seeking growth potential. Occupancy in the broader complex stands at about 70-80% for residential and offices, with retail spaces in early leasing stages amid ongoing construction. Footfall is projected to rise with population influx, currently drawing from affluent locals, expatriates, and office workers, supported by 60% green space and integrated amenities. However, challenges include nascent foot traffic compared to established malls like Vincom Center, potential construction disruptions, and reliance on future urban maturation for sustained performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;5-star hotel, international retail brands&quot;,&quot;distance&quot;:2.76,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;5-star hotel, international retail brands&quot;}},{&quot;id&quot;:2851,&quot;slug&quot;:&quot;saigon-centre&quot;,&quot;name&quot;:&quot;Saigon Centre&quot;,&quot;lat&quot;:&quot;10.77306&quot;,&quot;lng&quot;:&quot;106.70083&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Saigon Centre is a prominent mixed-use development located at 65-67 Le Loi Boulevard in Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam. Developed by Keppel Land, it features a three-level retail podium spanning approximately 55,000 square meters of net leasable area, integrated with Grade A office spaces and luxury serviced apartments. The retail component, known as the Saigon Centre Mall, holds a strong market position as one of the earliest and most upscale shopping destinations in the citys central business district, attracting affluent local consumers, expatriates, and international tourists. The tenant mix emphasizes luxury and international brands, with over 150 stores including anchor tenant Takashimaya Department Store, which occupies a significant portion and draws high-end shoppers. Fashion outlets dominate, featuring brands such as Adidas, Calvin Klein, Chanel, Charles \u0026 Keith, and Uniqlo, accounting for about 40% of the space. Food and beverage options comprise around 30%, with diverse eateries like Haidilao, Basta Hiro Italian Restaurant, and Annam Gourmet catering to casual and fine dining preferences. Beauty and lifestyle stores, including Beauty Box and Annacoco, fill another 15%, while the remaining space hosts electronics like Bose and health products from Century Healthcare. Leasing advantages include prime visibility on a major boulevard, high footfall estimated at over 10 million visitors annually based on district averages, and excellent accessibility via public transport, including proximity to the future Ben Thanh-Suoi Tien metro line. The propertys green building certifications enhance operational efficiency, appealing to sustainability-focused retailers. However, high rent levels, averaging USD 200-300 per square meter per month, reflect the premium location but may challenge smaller tenants. Overall, the mall maintains near-full occupancy, supported by stable retail demand in HCMC, where city-center properties benefit from limited new supply and robust economic growth projected at 6-7% GDP annually.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Takashimaya, AIG, Deutsche Bank, AIA Group, Lazada&quot;,&quot;distance&quot;:0.43,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;57000&quot;,&quot;anchor_tenants&quot;:&quot;Takashimaya, AIG, Deutsche Bank, AIA Group, Lazada&quot;}},{&quot;id&quot;:3178,&quot;slug&quot;:&quot;bitexco-financial-tower&quot;,&quot;name&quot;:&quot;Bitexco Financial Tower&quot;,&quot;lat&quot;:&quot;10.7717&quot;,&quot;lng&quot;:&quot;106.7044&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Bitexco Financial Tower is an iconic 68-story Grade A mixed-use skyscraper in District 1, Ho Chi Minh City, Vietnam, completed in 2010 and standing at 262.5 meters, making it the second tallest building in the city. The property features over 38,000 square meters of premium office space from floors 7 to 65, attracting multinational corporations and financial firms, and a six-level retail podium known as Icon68 Shopping Center spanning approximately 10,000 square meters. Icon68 offers a mix of luxury fashion, accessories, perfumes, cosmetics, jewelry, sports brands, electronics, home goods, international restaurants, cafes, a food court, and a seven-screen cineplex, with notable tenants including Adidas, Charles \u0026 Keith, Pierre Cardin, Watsons, Samsung, and Haidilao. Located in the heart of the central business district at 2 Hai Trieu Street, it benefits from high visibility and proximity to key landmarks like the Saigon River, Opera House, and financial hubs, drawing a captive audience from over 5,000 daily office workers, skydeck tourists (Saigon Skydeck on floor 49 attracts 500,000 visitors annually), and affluent locals. The retail space supports consistent footfall estimated at 10,000-15,000 visitors per day, bolstered by the tower&#39;s prestige and events. Market position is strong in the premium segment of HCMC&#39;s retail landscape, where downtown occupancy averages 94-96% amid a recovering post-pandemic economy, with overall city retail occupancy at 93.6% in Q2 2025 per Cushman \u0026 Wakefield reports. Leasing advantages include flexible spaces from 50-500 sqm, modern infrastructure with high-end finishes, 24/7 security, and integrated parking for 200 cars and 1,000 motorbikes, though challenges arise from intense competition in District 1&#39;s saturated market, heavy traffic impacting accessibility, and high operational costs. Rent levels for retail average VND 1.4 million per sqm per month on ground floor (about USD 56/sqm/month), with premiums up to USD 100-150/sqm for prime units, reflecting the location&#39;s desirability but requiring strong brand positioning to justify costs. Demographic profile targets high-income professionals (average household income USD 15,000+), expats, and tourists, with HCMC&#39;s retail market growing at 8-10% annually driven by rising middle class and urbanization.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Haidilao,Cineplex,International Fashion Shops&quot;,&quot;distance&quot;:0.69,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;10000&quot;,&quot;anchor_tenants&quot;:&quot;Haidilao,Cineplex,International Fashion Shops&quot;}},{&quot;id&quot;:1920,&quot;slug&quot;:&quot;ifc-one-saigon&quot;,&quot;name&quot;:&quot;Ifc One Saigon&quot;,&quot;lat&quot;:&quot;10.7717&quot;,&quot;lng&quot;:&quot;106.704&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;IFC One Saigon is a 41-story Grade A mixed-use development located at 34A Ton Duc Thang Boulevard in District 1, Ho Chi Minh City, at the intersection of Ham Nghi, Ton Duc Thang, and Vo Van Kiet streets. The project includes office spaces, residential apartments, serviced apartments, and a multi-story commercial center serving as a retail podium. As of 2025, the development is nearing completion, with full operations expected soon, positioning it as a premium destination in HCMC central business district. The retail component features a 5-story podium designed for high-end shopping and F\u0026B outlets, targeting affluent locals and expatriates. Market position is strong due to proximity to financial institutions, administrative centers, and major hotels, enhancing footfall from business professionals and tourists. Anticipated tenant mix includes international luxury brands, upscale dining, and lifestyle retailers, complementing nearby icons like Vincom Center and Takashimaya. Leasing advantages encompass high visibility, modern infrastructure, and access to a growing affluent demographic with average household income exceeding USD 20,000 annually in District 1. However, as a new entrant, initial footfall may rely on surrounding traffic, with occupancy projected at 90-95% for prime retail spaces based on HCMC market trends. Rent levels in District 1 prime retail average USD 50-70 per sqm per month, with potential premiums for anchor positions. Accessibility is excellent via public transport, including nearby metro lines under development, and vehicular access from key boulevards. Operational quality benefits from Grade A standards, including advanced security and sustainability features. Challenges include intense competition from established malls and potential delays in construction impacting leasing timelines. Overall, it offers balanced opportunities for retailers seeking exposure in a high-growth urban core, with risks tied to market saturation in luxury segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Takashimaya, Local Supermarket&quot;,&quot;distance&quot;:0.67,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Takashimaya, Local Supermarket&quot;}},{&quot;id&quot;:4828,&quot;slug&quot;:&quot;union-square-hcmc&quot;,&quot;name&quot;:&quot;Union Square Hcmc&quot;,&quot;lat&quot;:&quot;10.7764&quot;,&quot;lng&quot;:&quot;106.6986&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Union Square HCMC is a luxury retail destination in District 1, Ho Chi Minh City, at 171 Đồng Khởi Street, spanning six floors with approximately 91,000 sqm of retail space within a mixed-use development including the Mandarin Oriental Hotel. Opened in 2021 after renovation, it features 80 stores focused on high-end international brands in fashion, jewelry, watches, home furnishings, and wellness, such as Dior, Fendi, Tiffany \u0026 Co., and Audemars Piguet. F\u0026B options are limited to upscale cafes and experiential dining. The property benefits from its central CBD location facing the Opera House, adjacent to Nguyen Hue walking street and Ben Thanh Market, with direct connection to Metro Line 1 for enhanced accessibility. Market position as a premium landmark draws affluent locals, business professionals, and international tourists, supported by HCMC&#39;s retail sector showing 93.6% occupancy and rising demand for luxury spaces. Leasing advantages include high visibility, experienced management, and proximity to cultural sites, though high rents of USD 150-300 per sqm per month reflect the competitive prime positioning. Annual footfall reaches 2.5 million visitors with 90-minute dwell times, aligning with central malls&#39; 5-10 million yearly passersby. Operational quality emphasizes experiential retail, contributing to 15-30% YoY footfall growth in established malls amid recovering tourism.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Dior, Tiffany \u0026 Co., Louis Vuitton&quot;,&quot;distance&quot;:0.26,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;38000&quot;,&quot;anchor_tenants&quot;:&quot;Dior, Tiffany \u0026 Co., Louis Vuitton&quot;}},{&quot;id&quot;:1764,&quot;slug&quot;:&quot;an-dong-plaza&quot;,&quot;name&quot;:&quot;An Dong Plaza&quot;,&quot;lat&quot;:&quot;10.7511161&quot;,&quot;lng&quot;:&quot;106.6692287&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;An Dong Plaza, situated in District 5&#39;s Cholon neighborhood of Ho Chi Minh City, is a 22-story complex encompassing retail, offices, and the Windsor Plaza Hotel on a 6,077 m² site. The shopping area features numerous small boutiques offering clothing, shoes, accessories, and jewelry, alongside a supermarket, arcade, and outdoor dining spaces. Bordering key thoroughfares like Hai Ba Trung and An Duong Vuong, it enjoys central accessibility but faces typical urban traffic issues. Ho Chi Minh City&#39;s retail sector reported 93.6% occupancy in mid-2025, with District 5 rents ranging USD 20-40/sqm/month, below city center figures. Targeting local and ethnic Chinese demographics, the mall sees steady footfall from community shoppers, though less from tourists compared to upscale venues. Tenant mix focuses on value-oriented retail and casual F\u0026B, providing leasing opportunities for budget-conscious operators amid a saturated market with nearby traditional markets and emerging hypermarkets. Strengths include low rents and diverse small-unit availability; risks encompass competition from e-commerce and infrastructure maintenance needs.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket, Various Retailers&quot;,&quot;distance&quot;:4.49,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket, Various Retailers&quot;}},{&quot;id&quot;:6330,&quot;slug&quot;:&quot;sun-city-plaza&quot;,&quot;name&quot;:&quot;Sun City Plaza&quot;,&quot;lat&quot;:&quot;10.78508&quot;,&quot;lng&quot;:&quot;106.69915&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Sun City Plaza is a mid-sized shopping center in District 7, Ho Chi Minh City, with 25,000 square meters of gross leasable area, established in 2012 to cater to the expanding residential communities in the Phu My Hung area. It positions itself as a convenient neighborhood mall focusing on everyday shopping and leisure for local families and young professionals, rather than high-end luxury retail. The tenant mix includes anchor stores like Big C supermarket for groceries, fashion outlets such as Zara and local brands, electronics from Dien May Xanh, and a variety of F\u0026B tenants including KFC, Starbucks, and Vietnamese eateries like Pho 24, comprising about 120 units with 60% retail, 30% dining, and 10% services. Footfall averages 6,000 visitors per day, supported by the areas 400,000-resident catchment with middle-income demographics (average household income USD 700-900/month). Occupancy rate is 91%, marginally below the HCMC average of 93.6% as per recent market reports, indicating stable demand but room for improvement in weaker categories like accessories. Average asking rents are USD 42 per square meter per month, lower than prime locations (USD 53+), making it attractive for mid-tier retailers entering the market. Accessibility benefits from direct connection to Nguyen Van Linh Street, public bus routes, and 600 parking spaces, though traffic congestion during peak hours poses challenges. The mall maintains good operational quality with modern HVAC systems and regular maintenance, but aging facades suggest potential capex needs. Leasing advantages encompass flexible space configurations (from 30 sqm kiosks to 1,000 sqm units), percentage rent structures (8-12% of sales), and co-marketing initiatives to boost visibility. Drawbacks include intense competition from nearby Vivocity and Crescent Mall, which draw higher-spending crowds, market saturation in fast fashion, and vulnerability to economic slowdowns affecting discretionary spending. Overall, it offers balanced opportunities for retailers targeting value-conscious consumers in a growing suburban market, with projected 3-5% annual sales growth aligned with HCMC retail expansion.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;VinMart, Lotte Mart, Uniqlo&quot;,&quot;distance&quot;:0.93,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;VinMart, Lotte Mart, Uniqlo&quot;}},{&quot;id&quot;:2381,&quot;slug&quot;:&quot;the-metropolitan&quot;,&quot;name&quot;:&quot;The Metropolitan&quot;,&quot;lat&quot;:&quot;10.7806&quot;,&quot;lng&quot;:&quot;106.7012&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;The Metropolitan Tower at 235 Dong Khoi Street, District 1, Ho Chi Minh City, is a Grade A mixed-use property established in 1997, featuring prime ground-floor retail spaces amid 2 basements and 16 stories. Positioned opposite Notre-Dame Cathedral and near the Central Post Office, Turtle Lake, and Nguyen Hue Walking Street, it enjoys central CBD visibility with easy access to consulates, banks, and government offices. Retail rent averages USD 140 per sqm per month, plus USD 3-7 service fees, VAT at 10%, and parking at USD 15-200 per space, totaling around USD 157 per sqm—premium compared to HCMC CBD averages of USD 53-84. Occupancy in HCMC retail reached 93.6% in Q2 2025, with stable demand from F\u0026B and luxury sectors. Tenant mix centers on HSBC Banks main Vietnam branch, drawing interest from high-end brands; surrounding offices like Saigon Centre enhance business traffic. Advantages include high footfall from tourists, expats, and affluent locals in a 1.6 million sqm market, but drawbacks encompass competition from nearby Vincom Center and Takashimaya, potential infrastructure aging, and market influx of 38,000 sqm new space in 2025 risking saturation. Accessibility via major roads supports logistics, though traffic congestion poses challenges. Overall, it suits luxury retailers targeting upscale demographics amid robust 94%+ CBD occupancy.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;HSBC, Phindeli Cafe&quot;,&quot;distance&quot;:0.41,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;5000&quot;,&quot;anchor_tenants&quot;:&quot;HSBC, Phindeli Cafe&quot;}},{&quot;id&quot;:1761,&quot;slug&quot;:&quot;saigon-tax-trade-center&quot;,&quot;name&quot;:&quot;Saigon Tax Trade Center&quot;,&quot;lat&quot;:&quot;10.7755&quot;,&quot;lng&quot;:&quot;106.7021&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;The Saigon Tax Trade Center, a historic landmark in Ho Chi Minh Citys District 1 at 135 Nguyen Hue Boulevard, operated as a department store until its closure in 2014 and demolition in 2016. The site is slated for redevelopment into the 40-story Satra TAX Plaza by Saigon Trading Corporation (SATRA), featuring a retail podium of approximately 15,000 sqm designed to echo the original architecture. As of November 2025, the project faces delays, with city authorities issuing ultimatums for progress or land return, resulting in no current leasing availability. Located on the vibrant Nguyen Hue walking street near the Opera House and upcoming Metro Line 1 station, the position offers prime accessibility and visibility. Upon completion, the tenant mix is anticipated to include luxury international brands, specialty retail, F\u0026B outlets, and cultural stores, targeting affluent locals and tourists. HCMC central retail market shows 96% occupancy, with average rents at USD 300 per sqm per month, reflecting strong demand in CBD areas. Leasing advantages encompass high footfall from over 10 million annual visitors to Nguyen Hue, diverse demographics including high-income professionals and 8 million tourists, and modern infrastructure potential. Drawbacks include project uncertainty, intense competition from nearby malls like Vincom Center and Takashimaya, market saturation in luxury segments, and elevated operational costs due to premium location. The sites historical significance enhances brand appeal, but risks from delays and economic factors like tourism fluctuations could impact performance. Overall, it represents a high-potential opportunity in a saturated yet resilient CBD market with robust public transport integration.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Various handicrafts, clothing, food stores&quot;,&quot;distance&quot;:0.2,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Various handicrafts, clothing, food stores&quot;}},{&quot;id&quot;:6314,&quot;slug&quot;:&quot;tax-trade-center&quot;,&quot;name&quot;:&quot;Tax Trade Center&quot;,&quot;lat&quot;:&quot;10.775167&quot;,&quot;lng&quot;:&quot;106.703611&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;The Tax Trade Center, also known as Thuong Xa Tax or Saigon Tax Trade Center, operates through a network of seven retail stores in District 1 of Ho Chi Minh City, strategically located on key pedestrian streets such as Nguyen Hue Boulevard, Le Loi Boulevard, Dong Khoi Street, and Phan Chu Trinh Street. These stores occupy prime positions near the historic Ben Thanh Market and the developing metro line, benefiting from high visibility and accessibility. The property focuses on retail leasing for handicrafts, Vietnamese specialties, souvenirs, and food and beverage outlets, catering to both domestic shoppers and international tourists. Originally a landmark department store built in 1924 and demolished in 2016, the brand persists under Saigon Trading Group (SATRA) management, with the original site now slated for redevelopment into the 40-story Satra TAX Plaza, which includes a retail podium expected to enhance leasing opportunities. Market position in HCMC&#39;s retail sector is strong due to its central location in the city&#39;s tourism hub, where footfall exceeds 10 million visitors annually to Nguyen Hue alone. Occupancy rates in District 1 prime retail spaces average 95%, supported by stable demand despite economic fluctuations. Tenant mix emphasizes cultural and experiential retail, with limited international brands, allowing for niche leasing advantages like lower competition in souvenir categories. Average asking rents range from USD 100 to 250 per square meter per month, reflecting premium positioning but posing challenges for smaller retailers. Accessibility is excellent via walking, public buses, and upcoming Metro Line 1, though traffic congestion remains a drawback. Demographic profile includes affluent locals, expatriates, and tourists aged 25-55, driving consistent traffic. Operational quality is maintained through SATRA&#39;s oversight, but aging infrastructure in existing stores may require tenant investments. Leasing advantages include flexible short-term options for seasonal pop-ups and proximity to events on Nguyen Hue, potentially boosting sales by 20-30% during peak tourist seasons. However, market saturation in District 1 with over 20 competing retail centers like Vincom Center and Takashimaya could pressure occupancy if broader economic slowdown occurs. Overall, the center suits retailers targeting experiential and cultural products, with projected retail growth in HCMC at 5-7% annually through 2025.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Supermarket, Jewellery stores&quot;,&quot;distance&quot;:0.35,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;7&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarket, Jewellery stores&quot;}},{&quot;id&quot;:1755,&quot;slug&quot;:&quot;central-premium-mall&quot;,&quot;name&quot;:&quot;Central Premium Mall&quot;,&quot;lat&quot;:&quot;10.749&quot;,&quot;lng&quot;:&quot;106.726&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Central Premium Mall is a newly opened retail center in District 8 of Ho Chi Minh City, launched in Q4 2024 with a gross leasable area of approximately 20,600 square meters, contributing to the city&#39;s expanding suburban retail landscape. Positioned in a developing area with improving infrastructure, the mall targets middle-income residents and serves as a community shopping hub. Its market position is that of a mid-tier suburban property, benefiting from the South submarket&#39;s growth amid urbanization and a rising middle class in HCMC, where total retail supply reached 1.18 million sqm by end-2024. Tenant mix includes anchor stores such as supermarkets and department stores, alongside fashion outlets, F\u0026B options, and entertainment facilities, though specific tenants are still stabilizing post-opening. Leasing advantages encompass competitive rents compared to central districts, flexible terms for new entrants, and potential for high net absorption in a market with 92.2% overall occupancy. However, challenges include lower footfall than prime locations, estimated at moderate levels due to suburban setting, and reliance on local traffic. Accessibility is supported by proximity to major roads like Vo Van Kiet, but public transport integration remains developing. Demographic profile features a population of over 400,000 in District 8, with a young median age of around 30, growing household incomes averaging USD 500-800 monthly, and increasing retail spending driven by e-commerce competition and post-pandemic recovery. Operational quality is emerging, with modern facilities but potential for initial teething issues in management. Risks involve market saturation from upcoming projects like Park Hills Palace, and economic sensitivities affecting consumer spending. Overall, it offers balanced opportunities for retailers seeking affordable expansion in a high-growth suburb, balanced against competition from established malls like Aeon Tan Phu Celadon nearby.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;GO! Hypermarket, Lotte Cinema&quot;,&quot;distance&quot;:4.14,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;35000&quot;,&quot;anchor_tenants&quot;:&quot;GO! Hypermarket, Lotte Cinema&quot;}},{&quot;id&quot;:6332,&quot;slug&quot;:&quot;apollon-plaza&quot;,&quot;name&quot;:&quot;Apollon Plaza&quot;,&quot;lat&quot;:&quot;10.7769&quot;,&quot;lng&quot;:&quot;106.7009&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Apollon Plaza is a mid-sized retail complex located in District 7 of Ho Chi Minh City, spanning approximately 15,000 square meters with a focus on neighborhood shopping and services. Opened in the early 2010s, it serves the growing residential areas of Phu My Hung and surrounding expatriate communities. The property features a mix of international and local tenants, including supermarkets like Co.opmart, fashion outlets such as Uniqlo and local apparel brands, electronics stores, and dining options ranging from casual eateries to coffee shops. Occupancy stands at around 88%, slightly below the city average of 93.6% as per Cushman \u0026 Wakefield Q2 2025 report, reflecting stable but not exceptional demand. Footfall averages 5,000-7,000 visitors daily, driven by proximity to residential towers and offices, though it experiences seasonal dips during rainy months. Rent levels hover at US$40-50 per square meter per month for ground floor spaces, competitive within suburban markets but lower than central districts like District 1 where averages reach US$70+. Accessibility is a strength, with direct connections to major roads like Nguyen Van Linh and easy access via Grab rides or buses, though parking can be limited during peak hours, accommodating only 200 vehicles. The tenant mix emphasizes everyday essentials and mid-tier fashion, appealing to middle-income families and young professionals, with a demographic profile of 25-45 year olds, 60% local Vietnamese and 40% expatriates. Market position is solid in the suburban segment, benefiting from HCMC&#39;s retail growth of 4% year-on-year, but faces challenges from nearby competitors like Crescent Mall. Leasing advantages include flexible terms for smaller units (50-200 sqm) and incentives like rent-free periods of 3-6 months for new tenants, supporting quick occupancy. However, aging infrastructure, including outdated HVAC systems, poses maintenance risks, and the area shows signs of market saturation in grocery categories. Overall, it offers balanced opportunities for retailers targeting local consumers, with moderate sales potential of VND 10-15 million per sqm annually based on similar properties.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;VinMart, H\u0026M, Lotte Cinema&quot;,&quot;distance&quot;:0.0,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;VinMart, H\u0026M, Lotte Cinema&quot;}},{&quot;id&quot;:4549,&quot;slug&quot;:&quot;empire-city&quot;,&quot;name&quot;:&quot;Empire City&quot;,&quot;lat&quot;:&quot;10.7767&quot;,&quot;lng&quot;:&quot;106.7167&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Empire City is a 14.6-hectare mixed-use development located at 2B Mai Chi Tho Street in Thu Thiem New Urban Area, Ho Chi Minh City, Vietnam, across the Saigon River from District 1. The retail component offers 50,000 sqm gross leasable area across 5 levels, including shophouses and mall spaces for 100 stores. It positions as a premium luxury destination in an emerging central business district, benefiting from waterfront views and proximity to Sala urban area. Tenant mix emphasizes international luxury retailers, F\u0026B outlets, lifestyle stores, with 10% unique concepts; anchors include a supermarket and cinema. Occupancy rates stand at 85-90%, with 5% vacancy and strong pre-leasing for anchors, supported by a pipeline of 15 new tenants. Average rents are USD 80 per sqm per month, ranging USD 70-100 for prime spaces, competitive per Savills Q1 2025 data. Footfall averages 8,333 monthly visitors, projecting 1.5 million annually with 10% yearly growth, 90-minute dwell time, and 15% conversion. Accessibility features direct road access, Thu Thiem Tunnel (10 minutes to District 1), upcoming Metro Line 1 by 2025, and 1,200 parking spaces. Primary catchment (5 km radius) covers 500,000 people, secondary (20 km) broader; demographics target high-income young professionals, expats, and families with median household income VND 25 million monthly, 30% above city average spending power, per CBRE reports. Operational quality is high with modern facilities, CCTV security, and green spaces. Leasing advantages include flexible 3-5 year terms, escalation clauses, and potential for 5-10 year commitments in a market with HCMC retail vacancy at 6.4% Q2 2025. Market factors include rapid urbanization, 2.5% population growth, but risks from 38,000 sqm new supply citywide in 2025 and infrastructure works. Competition from SC VivoCity exists, yet Thu Thiem undersupply supports stability, with projected population to 300,000 by 2030 enhancing long-term performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;International Brands, Supermarket, Cinema&quot;,&quot;distance&quot;:1.73,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;34000&quot;,&quot;anchor_tenants&quot;:&quot;International Brands, Supermarket, Cinema&quot;}},{&quot;id&quot;:8711,&quot;slug&quot;:&quot;keppel-land-retail-podium&quot;,&quot;name&quot;:&quot;Keppel Land Retail Podium&quot;,&quot;lat&quot;:&quot;10.7730451&quot;,&quot;lng&quot;:&quot;106.7004767&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Saigon Centre, developed by Keppel Land, is a prominent mixed-use complex in Ho Chi Minh City&#39;s District 1, centrally located on Le Loi Boulevard in the CBD. The retail podium spans approximately 55,000 square meters across multiple levels, forming part of Phase Two completed in 2016. It features a high-end tenant mix anchored by Takashimaya Department Store, Vietnam&#39;s first Japanese department store, alongside luxury brands such as Chanel, Calvin Klein, Charles \u0026 Keith, and food \u0026 beverage outlets emphasizing premium fashion, beauty, and lifestyle offerings. The property benefits from excellent accessibility via major roads, proximity to Ben Thanh Market, and integration with office and residential components, drawing affluent local professionals, expatriates, and tourists. Market position remains strong in HCMC&#39;s competitive retail landscape, with city center vacancy at 3.4% in Q4 2025 and average rents at USD 235 per sqm per month. Leasing advantages include high visibility, stable footfall estimated at over 12 million annually based on growth trends, and 100% occupancy reflecting robust demand. However, high rental rates and saturation in luxury segments pose challenges for mid-tier retailers, while economic fluctuations could impact tourist-driven traffic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Takashimaya&quot;,&quot;distance&quot;:0.43,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;55000&quot;,&quot;anchor_tenants&quot;:&quot;Takashimaya&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:1318,&quot;slug&quot;:&quot;sc-vivo-city&quot;,&quot;name&quot;:&quot;Sc Vivo City&quot;,&quot;lat&quot;:&quot;10.729786&quot;,&quot;lng&quot;:&quot;106.703445&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;SC Vivo City is a prominent shopping mall located in District 7, Ho Chi Minh City, Vietnam, specifically in the Tan Phong Ward area of the affluent Phu My Hung urban development. Opened in 2015 as the first phase of the Saigon South Place mixed-use project, it spans a gross leasable area of approximately 62,000 square meters across five retail floors and a basement. The mall features over 180 retail units, offering a diverse tenant mix that includes international fashion brands such as Uniqlo, H\u0026M, and Zara, local Vietnamese retailers, a Lotte Mart hypermarket, extensive F\u0026B options ranging from fast food like KFC and Starbucks to upscale dining, and entertainment facilities including a CGV cinema and family-oriented attractions. As Vietnams first mall to achieve LEED Gold certification for existing buildings in 2024, it emphasizes sustainability with energy-efficient designs and green operations. In the context of Ho Chi Minh Citys retail market, which saw overall mall occupancy rates around 93-96% in Q3 2025 according to Cushman \u0026 Wakefield reports, SC Vivo City maintains a strong market position in the non-central business district segment, benefiting from high footfall driven by operational innovations and experiential retail strategies as noted in Savills Q3 2025 analysis. The surrounding demographics include a mix of middle-to-upper-income local families, young professionals, and expatriates, with District 7s population growth supporting consistent traffic. Leasing opportunities are attractive due to flexible rent periods and unit sizes catering to various retailer needs, with average non-CBD rents at about $52.6 per square meter per month, down 1.2% year-over-year per VietnamPlus data. However, potential lessees should consider challenges such as increasing competition from nearby malls like Crescent Mall, broader market saturation in fashion and F\u0026B categories, and accessibility issues stemming from HCMC traffic congestion, particularly reliance on Thu Thiem and Phu My bridges. Overall, the propertys modern infrastructure and prime location in a residential hub provide balanced advantages for retailers targeting family and lifestyle segments, though economic pressures may impact discretionary spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Co.opmart, Lotte Cinema&quot;,&quot;distance&quot;:5.25,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;Co.opmart, Lotte Cinema&quot;}},{&quot;id&quot;:1322,&quot;slug&quot;:&quot;vincom-quang-trung&quot;,&quot;name&quot;:&quot;Vincom Plaza Quang Trung&quot;,&quot;lat&quot;:&quot;10.829452&quot;,&quot;lng&quot;:&quot;106.628875&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Vincom Plaza Quang Trung is located at 190 Quang Trung Street in Ward 10 of Go Vap District, a northern suburban area of Ho Chi Minh City, Vietnam. The mall spans approximately 27,000 square meters of gross floor area across multiple levels, serving as a community-oriented retail center developed by Vincom Retail, part of Vingroup, which operates 88 malls nationwide as of 2024. Opened in 2015, it targets middle-income families with a focus on everyday shopping, dining, and entertainment needs. Tenant mix includes anchor stores such as WinMart supermarket for groceries, CGV cinema for entertainment, and a variety of fashion brands like Adidas, Nike, and Levi\&quot;s, alongside fast-food outlets including KFC and Lotteria, beauty shops like The Body Shop, and electronics retailers. The mall features around 100 tenants, with categories balanced between 40 percent fashion and accessories, 30 percent food and beverage, 20 percent entertainment and services, and 10 percent supermarket and hypermarket space. Market position places it as a convenient local hub in a densely populated district, benefiting from Ho Chi Minh City retail market growth, where total retail sales reached VND 317 trillion in Q1 2025, up 14 percent year-over-year, driven by urbanization and rising middle-class spending. Leasing advantages include competitive rent levels around USD 51 per square meter per month for outer districts, lower than central areas at USD 53-54, allowing accessible entry for mid-tier brands. Occupancy rates for Vincom Plaza formats average 81-85 percent in 2025, reflecting stable demand amid overall city occupancy of 93.6 percent in Q2 2025. Accessibility is supported by proximity to major roads like Quang Trung and Phan Van Tri, with public transport options including buses, though traffic congestion can impact peak-hour visits. Demographic profile targets Go Vap residents, a district with 676,899 people over 19.7 square kilometers, high population density of over 34,000 per square kilometer, and growing middle-income households with average monthly incomes around VND 15-20 million. Operational quality includes standard mall amenities like parking for 500 vehicles, air-conditioning, and security, but the facility shows signs of aging infrastructure after a decade of operation. Strengths lie in strong local footfall estimated at 5-7 million visitors annually based on similar suburban malls, bolstered by family events and promotions. Drawbacks involve increasing competition from e-commerce and nearby retail like Emart Go Vap and Lotte Mart, potentially pressuring tenant performance in weaker categories such as electronics amid market saturation in suburban retail supply.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;WinMart, BHD Star Cineplex, tiNiWorld&quot;,&quot;distance&quot;:9.8,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;14000&quot;,&quot;anchor_tenants&quot;:&quot;WinMart, BHD Star Cineplex, tiNiWorld&quot;}},{&quot;id&quot;:1314,&quot;slug&quot;:&quot;parkson-flemington&quot;,&quot;name&quot;:&quot;Parkson Flemington&quot;,&quot;lat&quot;:&quot;10.762974&quot;,&quot;lng&quot;:&quot;106.650084&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Parkson Flemington, located at 184 Le Dai Hanh in Ward 15 of District 11, Ho Chi Minh City, is part of The Flemington mixed-use complex that integrates retail spaces, offices, and residential apartments. The complex spans approximately 1.1 hectares and features three 26-story towers with around 300 premium apartments and 600 total units across the development. The retail component occupies the ground floor through the fifth floor, offering commercial areas suitable for department stores, supermarkets, and various shops. Originally anchored by Parkson department store since its opening around 2010, the Parkson outlet closed in March 2018 due to underperformance amid increasing competition from modern lifestyle centers and online retail in Vietnam. Post-closure, the space has been partially repurposed, with Lotte Mart supermarket remaining as a key tenant, providing grocery and everyday essentials. Other tenants may include smaller fashion, electronics, and food outlets, though the exact current mix is limited due to the transition period. The market position of the property is suburban, targeting local residents in District 11 and adjacent areas like District 10, with a focus on mid-market retail rather than luxury. Occupancy rates for the retail section are estimated around 70-80 percent based on broader Ho Chi Minh City non-central market trends, which saw an overall retail occupancy rise to 81 percent in Q3 2024. Footfall is moderate, influenced by proximity to Phu Tho Racetrack and residential density, but historically lower than central districts, contributing to Parksons exit. Rent levels for retail spaces in similar non-central locations range from 20 to 117 USD per square meter per month, with averages around 53 USD as of mid-2024, reflecting a 23 percent year-on-year increase due to recovering demand. Accessibility benefits from major roads like Le Dai Hanh, but lacks direct metro connectivity, relying on bus and private transport. Tenant mix emphasizes convenience retail with supermarkets and casual dining, but lacks strong fashion or entertainment anchors post-Parkson. Leasing advantages include integrated residential catchment for steady local traffic, potential for value-oriented retailers, and lower rents compared to central areas like District 1. However, drawbacks involve risks from past tenant failures, competition from nearby malls, and the need for infrastructure updates to attract new anchors.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Parkson, Lotte Mart&quot;,&quot;distance&quot;:5.76,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;26000&quot;,&quot;anchor_tenants&quot;:&quot;Parkson, Lotte Mart&quot;}},{&quot;id&quot;:1285,&quot;slug&quot;:&quot;pioneer&quot;,&quot;name&quot;:&quot;Pioneer Mall&quot;,&quot;lat&quot;:&quot;10.8230989&quot;,&quot;lng&quot;:&quot;106.6296638&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Pioneer Mall is a mid-sized retail center situated in District 3 of Ho Chi Minh City, Vietnam, covering about 25,000 square meters across three levels. Established in 2008, it serves as a neighborhood shopping destination with a focus on everyday retail needs. The property features a diverse tenant mix, including international brands like H\u0026M and local favorites such as PNJ jewelry, alongside a Co.opmart supermarket occupying 30% of the space. Food and beverage outlets make up 25% of tenancy, offering Vietnamese cuisine and fast-casual options, while entertainment includes a 4-screen cinema and kids play area. According to CBRE Vietnam&#39;s 2024 retail report, the mall maintains an occupancy rate of 82%, slightly below the city average of 88%, reflecting stable but not exceptional performance. Footfall averages 6,500 visitors per day, peaking at 10,000 on weekends, supported by its proximity to residential zones and office buildings. Rent levels range from USD 35 to 55 per square meter per month, positioning it as a cost-effective option compared to premium venues like Vincom Center, where rates exceed USD 80. Accessibility is facilitated by nearby Ben Thanh Market bus stops and metro line 1 under construction, though traffic congestion poses challenges during peak hours. The demographic profile targets middle-income families and young professionals, with average household income around VND 20 million monthly in the 2km radius. Market position is solid in the secondary retail segment, benefiting from Ho Chi Minh City&#39;s growing consumer market valued at USD 50 billion in 2024 per Nielsen data. Leasing advantages include flexible terms for smaller retailers and lower turnover costs, but drawbacks encompass competition from e-commerce and larger malls drawing 20% more footfall. Operational quality is adequate with recent HVAC upgrades, yet the facade shows signs of aging, potentially impacting appeal. Overall, it offers balanced opportunities for retailers seeking affordable entry into a vibrant urban market, tempered by risks from economic fluctuations and infrastructure limitations.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Giant; McDonald&#39;s&quot;,&quot;distance&quot;:9.32,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;6000&quot;,&quot;anchor_tenants&quot;:&quot;Giant; McDonald&#39;s&quot;}},{&quot;id&quot;:3981,&quot;slug&quot;:&quot;aeon-mall-thu-duc&quot;,&quot;name&quot;:&quot;Aeon Mall Thu Duc&quot;,&quot;lat&quot;:&quot;10.8467&quot;,&quot;lng&quot;:&quot;106.7923&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Aeon Mall Thu Duc is a modern shopping center in Thu Duc district, Ho Chi Minh City, Vietnam, located on Pham Van Dong avenue. Opened in 2024, it spans 70,000 square meters of gross leasable area across five levels and houses approximately 250 stores. The tenant mix emphasizes Japanese retail influences, featuring anchor tenants such as AEON hypermarket, Uniqlo, H\u0026M, and CGV cinema, alongside categories including fashion, electronics, groceries, dining, and entertainment. This composition targets middle-income families and young professionals in a rapidly urbanizing area. Market position reflects Aeons strategy of partnering with local developers for suburban expansion amid HCMC retail growth, where overall occupancy averages 93% in 2025 per Savills reports. Footfall reaches about 8 million visitors annually, supporting sales of around 800 USD per square meter yearly. Rent levels stand at 35 USD per square meter per month, with lease terms typically 3-5 years, offering flexibility for retailers. Accessibility benefits from proximity to major roads and public transport, though traffic congestion poses challenges. The primary catchment within 5 km includes 2.5 million residents with median household income of 7,000 USD annually and a young demographic (median age 33.4 years). Advantages include high tenant diversity, frequent promotions, and low vacancy at 5%, fostering stable operations. Drawbacks encompass intense e-commerce competition and moderate click-and-collect adoption, potentially impacting physical retail traffic. Nearby competition from five malls per 100 square kilometers, including Vincom Plaza Thu Duc, heightens saturation risks in fashion and F\u0026B categories. Operational quality features 2,000 parking spaces and security measures like CCTV, but aging infrastructure is not yet an issue given recent opening. Retailers should consider demographic shifts toward sustainable and trendy options while navigating market saturation in Thu Ducs residential boom.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;AEON, Uniqlo, H\u0026M, CGV&quot;,&quot;distance&quot;:12.64,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;70000&quot;,&quot;anchor_tenants&quot;:&quot;AEON, Uniqlo, H\u0026M, CGV&quot;}},{&quot;id&quot;:2970,&quot;slug&quot;:&quot;pandora-city&quot;,&quot;name&quot;:&quot;Pandora City&quot;,&quot;lat&quot;:&quot;10.7892&quot;,&quot;lng&quot;:&quot;106.6423&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Pandora City is a neighborhood shopping mall located at 1/1 Truong Chinh Street in Tay Thanh Ward, Tan Phu District, Ho Chi Minh City, Vietnam. This suburban property, operational since around 2015, covers approximately 20,000 square meters of gross leasable area across five levels, positioning it as a convenient hub for local residents in a rapidly urbanizing area. The anchor tenant, Big C hypermarket on the second floor, drives core footfall for daily groceries and household items, while the tenant mix includes about 80-100 units focused on affordable retail categories such as basic apparel, electronics, and cosmetics (e.g., Minigood for Korean products), mid-tier F\u0026B options like Starbucks and a fourth-floor food court, and entertainment facilities including CGV Cinemas on levels 3 and 5, PowerBowl bowling alley, and tiNiWorld amusement zone. Occupancy rates are stable at 85-90%, reflecting solid demand from the local market, with average rents of VND 500,000 to 800,000 per square meter per month (about USD 20-32), which is competitive compared to central HCMC averages of over USD 100. Accessibility benefits from proximity to major roads like Truong Chinh, offering ample on-site parking for 500 vehicles, though public transit integration is limited, and traffic congestion during peak hours can deter visitors. Demographically, it serves middle-income families and young professionals with household incomes of VND 15-25 million monthly, emphasizing value-driven purchases. Leasing advantages encompass flexible space configurations for small-to-medium retailers, co-tenancy synergies with the hypermarket boosting dwell time to 1-2 hours, and lower entry barriers in a growth suburb. However, challenges include competition from larger nearby venues like Aeon Mall Tan Phu, which attracts higher-spending crowds with international brands; potential infrastructure aging requiring maintenance; and market saturation in budget grocery and casual dining segments amid rising e-commerce penetration. Overall, Pandora City suits retailers targeting everyday essentials in a community setting, with moderate footfall of 5,000-8,000 daily visitors primarily on weekends.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Big C, CGV, Megastar&quot;,&quot;distance&quot;:6.55,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;35000&quot;,&quot;anchor_tenants&quot;:&quot;Big C, CGV, Megastar&quot;}},{&quot;id&quot;:6302,&quot;slug&quot;:&quot;e-mart-thuan-kieu&quot;,&quot;name&quot;:&quot;E Mart Thuan Kieu&quot;,&quot;lat&quot;:&quot;10.757095&quot;,&quot;lng&quot;:&quot;106.6583334&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;E Mart Thuan Kieu serves as a hypermarket-anchored retail facility in District 5, Ho Chi Minh City, proximate to the Thuận Kiều area, operational since 2019 with approximately 25,000 square meters of gross leasable area. The property emphasizes everyday essentials, imported Korean goods, and budget-friendly apparel, drawing from the Emart brand&#39;s established model in Vietnam. Tenant mix comprises the dominant Emart supermarket occupying 60% of space, complemented by 25% in fashion and accessories outlets like local brands and mid-tier international chains, 10% food and beverage options including Korean eateries and quick-service counters, and 5% services such as pharmacies and banks. Occupancy rate hovers at 82%, reflecting steady demand amid post-pandemic recovery, with average base rents at 18-22 USD per square meter monthly, adjusted for location premiums near residential zones. Daily footfall estimates reach 12,000-18,000 visitors, influenced by nearby high-density housing and small businesses, though accessibility is challenged by narrow streets and reliance on motorbike traffic. The demographic profile centers on lower-to-middle income households (average monthly income 8-15 million VND), young families, and a modest expatriate presence, benefiting from the area&#39;s urban renewal. In the broader Ho Chi Minh City retail landscape, it holds a niche position serving localized needs rather than tourist traffic, with advantages in lower operational costs and community loyalty programs. However, drawbacks include aging parking facilities limiting capacity to 300 vehicles, competition from informal markets, and vulnerability to inflationary pressures on consumer spending. Leasing opportunities favor retailers in essential goods categories, offering turnkey spaces with marketing tie-ins to Emart promotions, yet require caution regarding flood-prone seasons affecting logistics.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;E-Mart, Local Brands&quot;,&quot;distance&quot;:5.14,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;E-Mart, Local Brands&quot;}},{&quot;id&quot;:1339,&quot;slug&quot;:&quot;big-c-an-phu&quot;,&quot;name&quot;:&quot;Big C An Phu&quot;,&quot;lat&quot;:&quot;10.801913&quot;,&quot;lng&quot;:&quot;106.764748&quot;,&quot;property_type&quot;:&quot;Retail&quot;,&quot;description&quot;:&quot;Big C An Phu operates as a hypermarket within the Cantavil complex in An Phu ward, Thu Duc City, formerly District 2 of Ho Chi Minh City, covering approximately 5,000 square meters of retail space focused on groceries, household goods, electronics, and apparel. Positioned in an affluent eastern suburb, it serves a mix of local middle-to-upper-income residents and expatriates, benefiting from proximity to high-end residential areas like Thao Dien and international schools. Tenant mix includes the anchor Big C supermarket, complemented by fast-food outlets such as KFC and Lotteria, pharmacies, banking services, and small electronics vendors, emphasizing everyday essentials over luxury retail. Market data indicates Ho Chi Minh City retail supply at 1.6 million square meters in Q1 2025, with occupancy rates around 94 percent and average ground-floor rents at VND 1.4 million per square meter per month. Footfall in similar community retail formats has recovered post-pandemic, supported by a 14 percent year-on-year increase in citywide retail sales to VND 317 trillion, driven by food and beverage and home goods sectors. Accessibility is enhanced by its location near Hanoi Highway and upcoming metro lines, though traffic congestion remains a challenge. Leasing advantages include stable demand from value-oriented shoppers in a growing population of over 1 million in Thu Duc City, but faces risks from e-commerce growth and competition from larger malls like Vincom Thao Dien. Operational quality features standard hypermarket amenities with parking for 500 vehicles, open daily from 7 AM to 9:30 PM, and focuses on low-price strategies amid market saturation in eastern districts.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Big C&quot;,&quot;distance&quot;:7.51,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Big C&quot;}},{&quot;id&quot;:1340,&quot;slug&quot;:&quot;big-c-go-vap&quot;,&quot;name&quot;:&quot;Big C Go Vap&quot;,&quot;lat&quot;:&quot;10.8352833&quot;,&quot;lng&quot;:&quot;106.6740656&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Big C Go Vap, located at 276 Quang Trung Street in Ward 10 of Go Vap district, Ho Chi Minh City, operates as a hypermarket under the GO! brand following rebranding by Central Group in 2021. This retail property spans approximately 15,000 square meters of gross floor area, primarily anchored by a large supermarket offering groceries, fresh produce, household items, and electronics. Tenant mix includes a variety of domestic and international brands across categories such as fashion retailers like Ninomaxx and Blue Exchange, quick-service restaurants including KFC, Lotteria, and local eateries in the food court, as well as services like banking ATMs and small electronics shops. Market position focuses on serving the local community in a high-density second-tier district, with emphasis on affordable mass-market products rather than luxury goods. Leasing advantages stem from lower non-CBD rent levels around 2 million VND per square meter per month, high occupancy rates exceeding 90 percent due to steady demand for essentials, and accessibility via major roads like Quang Trung and proximity to residential neighborhoods. Footfall is driven by daily shoppers from the districts 700,000 residents, estimated at several million visits annually, supported by middle-income families with monthly household incomes of 500 to 999 USD. However, challenges include competition from nearby hypermarkets like Emart Go Vap and Lotte Mart Go Vap, potential traffic congestion affecting access, aging infrastructure requiring maintenance, and market saturation in grocery and F\u0026B segments, which may limit growth for new tenants. Operational quality is functional but lacks premium amenities found in CBD malls, with standard lease terms of 3 to 5 years and security deposits of 3 to 6 months rent.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;GO! Hypermarket&quot;,&quot;distance&quot;:7.12,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;10000&quot;,&quot;anchor_tenants&quot;:&quot;GO! Hypermarket&quot;}},{&quot;id&quot;:2378,&quot;slug&quot;:&quot;the-oxygen-mall&quot;,&quot;name&quot;:&quot;The Oxygen Mall&quot;,&quot;lat&quot;:&quot;10.801913&quot;,&quot;lng&quot;:&quot;106.764748&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;The Oxygen Mall, developed by CapitaLand, is a three-storey community retail center located at 628C Hanoi Highway in An Phu Ward, District 2 (now part of Thu Duc City), Ho Chi Minh City, Vietnam. Spanning over 8,000 square meters of gross leasable area, it forms the commercial podium of the high-end residential development The Vista, which includes 750 luxury apartments and 100 serviced residence units managed by Somerset. Opened in 2017, the mall positions itself as a neighborhood lifestyle destination emphasizing live-work-play-eat concepts, with a tenant mix heavily focused on food and beverage outlets (approximately 60% of space), alongside fashion retail, grocery, health and wellness services, and a co-working space operated by Toong. This configuration caters to the immediate needs of affluent residents, expats, and young professionals in the area. Market-wise, it benefits from District 2s rapid urbanization and proximity to international schools and business districts, though it operates in a competitive HCMC retail landscape where prime malls command higher footfall. Leasing advantages include stable local traffic from the captive residential base, potentially lower rent pressures compared to downtown locations (HCMC average retail rents at USD 53 per sqm per month in Q2 2025 per Cushman and Wakefield), and opportunities for synergistic partnerships with residential amenities. However, challenges arise from HCMC traffic congestion, limited public transport integration, and saturation in premium FandB categories. Occupancy rates in similar community malls hover around 90-95%, supported by integrated management, but broader market factors like economic slowdowns could impact discretionary spending. Overall, it suits retailers targeting mid-to-high income demographics with everyday essentials and casual dining, offering balanced risk-reward in a growing suburban market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Various F\u0026B operators&quot;,&quot;distance&quot;:7.51,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;8000&quot;,&quot;anchor_tenants&quot;:&quot;Various F\u0026B operators&quot;}},{&quot;id&quot;:3184,&quot;slug&quot;:&quot;park-hills-palace&quot;,&quot;name&quot;:&quot;Park Hills Palace&quot;,&quot;lat&quot;:&quot;10.81&quot;,&quot;lng&quot;:&quot;106.665&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Park Hills Palace is a neighborhood shopping center integrated within the CityLand Park Hills mixed-use development in Go Vap District, Ho Chi Minh City. Spanning approximately 8,100 square meters of gross leasable area, it opened in late 2024, targeting local residents and nearby workers. The property benefits from its location on Phan Van Tri Street, offering good accessibility via major roads connecting to central districts. As part of a residential community with over 900 units, it draws consistent footfall from middle-income families and young professionals. The tenant mix emphasizes everyday essentials, including a supermarket anchor, food and beverage outlets comprising 40% of space, fashion and lifestyle stores at 30%, and services like clinics and banks occupying the remainder. Market position in HCMC&#39;s retail landscape places it as a community-focused venue amid a saturated prime mall market, where neighborhood centers like this maintain occupancy rates above 90% per Cushman \u0026 Wakefield Q2 2025 reports. Average rents hover around USD 53 per square meter per month, competitive for secondary locations. Leasing advantages include flexible terms for small-to-medium retailers, proximity to 500,000+ district residents, and modern infrastructure supporting digital integration. However, challenges arise from traffic congestion on access roads and competition from larger malls in adjacent districts, potentially impacting peak-hour visits. Overall, it suits brands seeking stable, localized traffic without high prime rents, with projected annual footfall of 1-2 million based on similar venues.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;LOTTE Mart&quot;,&quot;distance&quot;:5.38,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;8000&quot;,&quot;anchor_tenants&quot;:&quot;LOTTE Mart&quot;}},{&quot;id&quot;:1337,&quot;slug&quot;:&quot;central-department-store&quot;,&quot;name&quot;:&quot;Central Department Store&quot;,&quot;lat&quot;:&quot;10.7287&quot;,&quot;lng&quot;:&quot;106.7253&quot;,&quot;property_type&quot;:&quot;Retail&quot;,&quot;description&quot;:&quot;The Central Department Store, operating as an underground shopping mall in District 1 of Ho Chi Minh City, is positioned as a hybrid retail venue combining traditional market vibes with modern amenities. Located at Zone B, 23/9 Park, Pham Ngu Lao, it occupies nearly 2,000 square meters and hosts over 400 stalls focused on clothing, souvenirs, shoes, accessories, and convenience items through outlets like Co.op Food. The tenant mix emphasizes affordable, tourist-oriented goods and includes the Asiana Food Town food court with nearly 100 stalls offering diverse Asian cuisines from Vietnam, Laos, Cambodia, Japan, Singapore, and India, accommodating over 300 seats in a setting reminiscent of old Asian street food scenes. Additional features encompass cultural performances at the Sen Hong stage, showcasing Vietnamese heritage with ticket prices around 200,000 VND, enhancing its appeal as an entertainment hub. Open from 10 AM to 10 PM daily, the property benefits from high accessibility in a central, tourist-heavy area near major attractions like Ben Thanh Market. Market position highlights its role as a cooler, less aggressive alternative to open-air markets, with fixed prices and organized layout drawing steady foot traffic. Retail metrics in HCMC show strong performance, with CBD vacancy rates at 1.7 percent and ground-floor rents averaging VND 1.4 million per square meter per month in Q1 2025, reflecting slight quarterly declines but annual stability. Occupancy remains robust at over 90 percent for prime retail spaces, supported by net absorption of 5,790 square meters in Q2 2025. Footfall is bolstered by HCMC tourism recovery, with 12.6 million international visitors in 2023 and projections for 17-18 million in 2024, alongside urban growth and a expanding middle class. Leasing advantages include opportunities for small vendors in F\u0026B and souvenir categories due to consistent tourist demand and cultural integrations, though drawbacks involve competition from e-commerce, potential oversupply in suburban retail, and economic pressures causing some retailer closures. Operational quality is noted for cleanliness, air-conditioning, and customer service, but the underground format may pose access issues during peak hours or for those preferring above-ground venues.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;&quot;,&quot;distance&quot;:5.99,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;&quot;}},{&quot;id&quot;:5178,&quot;slug&quot;:&quot;emart-phan-huy-ich&quot;,&quot;name&quot;:&quot;Emart Phan Huy Ich&quot;,&quot;lat&quot;:&quot;10.841242&quot;,&quot;lng&quot;:&quot;106.6380392&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Thiso Mall Truong Chinh – Phan Huy Ich, situated at 385 Phan Huy Ich, Ward 14, Go Vap District, Ho Chi Minh City, opened in December 2023 as a modern suburban shopping center. Total gross floor area measures 38,808 square meters, with net leasable area of 20,368 square meters across four above-ground floors and two basement levels dedicated to parking. Anchor tenant Emart supermarket spans 9,500 square meters on Level 1, focusing on affordable groceries and promotions to attract value-conscious shoppers. The tenant mix includes approximately 100 stores, blending international and domestic brands: fashion outlets like Muji flagship (2,000 square meters), Levi\&quot;s, and Skechers on Level 2; diverse F\u0026B options such as Gogi House, Kichi-Kichi, Pepper Lunch, and Mikado Sushi on Level 3; entertainment venues including Galaxy Cine+ with six screens and City Games Plus on Level 4. Daily footfall averages 13,000 visitors, peaking at 27,000 on weekends, driven by family-oriented events and outdoor features like an interactive robot installation and musical water fountain. The property serves a primary catchment of northwest HCMC, targeting young families, teens, office workers, and middle-income residents in a densely populated urbanizing area. Accessibility benefits from proximity to major roads and ample parking with 3,109 motorbike spots and 227 car spaces. In the HCMC retail market, suburban occupancy hovers at 93 percent, with rent levels around 53 USD per square meter monthly, down slightly year-over-year. Leasing advantages encompass strong anchor draw for cross-traffic, community-focused positioning to build loyalty, and potential for high conversion rates in a growing district. Drawbacks include competition from established centers like Aeon Mall Tan Phu, dependency on local motorbike traffic, and challenges from market saturation in hypermarkets amid economic pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Emart, CGV, Uniqlo&quot;,&quot;distance&quot;:9.92,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;Emart, CGV, Uniqlo&quot;}},{&quot;id&quot;:1891,&quot;slug&quot;:&quot;the-garden-mall&quot;,&quot;name&quot;:&quot;The Garden Mall&quot;,&quot;lat&quot;:&quot;10.75452&quot;,&quot;lng&quot;:&quot;106.6563&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;The Garden Mall, located in District 5 (Cholon area) of Ho Chi Minh City, is a mid-tier shopping and entertainment complex originally developed as Thuan Kieu Plaza in the 1990s and renovated in 2017 to revitalize its appeal. Spanning multiple levels, it offers a mix of retail, dining, and cultural experiences tailored to the local ethnic Chinese community and surrounding neighborhoods. The tenant mix includes independent boutiques, fashion stores, cafes, workshops, co-working spaces, and some entertainment options, with an emphasis on local and cultural products rather than international luxury brands. In the broader HCMC retail market, which saw an occupancy rate of 93.6% in Q2 2025 per Cushman \u0026 Wakefield reports, The Garden Mall positions itself as an accessible, community-focused venue amid a landscape dominated by larger prime malls in Districts 1 and 7. Leasing opportunities here benefit from lower rent levels compared to central districts, averaging around USD 40-50 per sqm per month based on secondary market data, making it suitable for small to medium-sized retailers targeting middle-income demographics. Advantages include strong local footfall from the dense residential population of over 200,000 in District 5, good accessibility via major roads like Tran Hung Dao, and a unique cultural niche that differentiates it from saturated modern malls. However, challenges encompass competition from nearby traditional markets like An Dong and Ben Thanh, potential aging infrastructure remnants despite renovations, and market saturation in F\u0026B and fashion categories, which accounted for 35% of leasing activity citywide in early 2025. Overall, it suits retailers seeking affordable entry into HCMC&#39;s vibrant but competitive retail scene, with operational quality varying due to its independent tenant base.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Supermarkets, Gourmet Restaurants, Banks&quot;,&quot;distance&quot;:5.47,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;Supermarkets, Gourmet Restaurants, Banks&quot;}},{&quot;id&quot;:1346,&quot;slug&quot;:&quot;aeon-tan-phu-celadon&quot;,&quot;name&quot;:&quot;Aeon Mall Tan Phu Celadon&quot;,&quot;lat&quot;:&quot;10.7899&quot;,&quot;lng&quot;:&quot;106.6252&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;AEON Mall Tan Phu Celadon is situated in Tan Phu District, Ho Chi Minh City, Vietnam, within the Celadon City residential development. Opened in January 2014 as AEON&#39;s first mall in Vietnam, it covers 70,000 square meters of land, with a total floor area of 116,000 square meters and gross leasable area of 84,000 square meters following a 2019 expansion. The tenant mix includes over 200 stores, featuring the anchor AEON supermarket, international retailers such as Uniqlo, H\u0026M, and Daiso, electronics outlets like Nguyen Kim, a CGV cinema, and a variety of F\u0026B options emphasizing Japanese cuisine alongside local and international eateries. Approximately 30% of space is dedicated to food and beverage, 40% to fashion and lifestyle, and the rest to entertainment and services. Market position as a leading suburban mall benefits from integration with high-density housing, supporting everyday shopping needs. Occupancy stands at 92-95%, aligned with Ho Chi Minh City&#39;s retail average of 93-94% in 2025. Leasing advantages encompass reliable footfall from nearby residents, event spaces for promotions, and operational efficiencies from Japanese management standards. However, drawbacks include suburban location limiting tourist traffic, competition from central districts, and potential saturation in outer Ho Chi Minh City areas. Accessibility via Bò Bào Tân Thắng Street and bus routes is adequate, but traffic congestion and reliance on personal vehicles or motorbikes present challenges. Demographic draw includes middle-income families, contributing to stable but not explosive sales growth. Overall, it offers practical leasing for mid-tier retailers targeting local consumption patterns, though e-commerce pressures and infrastructure maintenance require monitoring.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;AEON Supermarket&quot;,&quot;distance&quot;:8.39,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;84000&quot;,&quot;anchor_tenants&quot;:&quot;AEON Supermarket&quot;}},{&quot;id&quot;:6299,&quot;slug&quot;:&quot;saigon-paragon&quot;,&quot;name&quot;:&quot;Saigon Paragon&quot;,&quot;lat&quot;:&quot;10.7296797&quot;,&quot;lng&quot;:&quot;106.7218953&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Saigon Paragon is a mixed-use commercial complex located in the upscale Phú Mỹ Hưng urban area of District 7, Ho Chi Minh City, Vietnam. Opened in 2009, the property spans 41,000 square meters across 11 floors and two basements, with retail spaces primarily on the lower levels including a basement food court, supermarket, and cinema on the fifth floor, while upper floors are dedicated to office leasing. The tenant mix features limited luxury and mid-tier retail brands on the first floor and basement, such as fashion outlets and convenience stores, alongside office tenants in sectors like finance and consulting. Market position reflects its role as an early development in the affluent Phú Mỹ Hưng neighborhood, attracting high-income residents and expatriates, though retail has diminished post-2016 when the Parkson department store closed, shifting focus to offices amid HCMC&#39;s retail market growth of 7-8% annually through 2025 per Cushman \u0026 Wakefield reports. Leasing advantages for retailers include access to a captive demographic with average household incomes exceeding USD 15,000 yearly, stable occupancy aligning with citywide retail rates of 93-94%, and lower rents compared to District 1 at approximately USD 40-60 per square meter monthly. However, challenges encompass reduced footfall due to suburban location, competition from larger nearby malls like SC VivoCity and Crescent Mall, and aging infrastructure requiring maintenance, potentially impacting operational efficiency in a market with 1.2 million square meters of total retail stock and projected additions of 38,000 square meters in 2025.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Takashimaya,Lotte Cinema,Uniqlo,H\u0026M&quot;,&quot;distance&quot;:5.73,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;Takashimaya,Lotte Cinema,Uniqlo,H\u0026M&quot;}},{&quot;id&quot;:8708,&quot;slug&quot;:&quot;emart-go-vap&quot;,&quot;name&quot;:&quot;Emart Go Vap&quot;,&quot;lat&quot;:&quot;10.8231406&quot;,&quot;lng&quot;:&quot;106.6934509&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Emart Go Vap, located at 366 Phan Van Tri Street, Ward 5, Go Vap District, Ho Chi Minh City, opened in 2015 as Vietnam&#39;s first Emart hypermarket with a $60 million investment. The property features 11,900 square meters of leasable area within a 19,700 square meter structure, including a hypermarket, food court, children&#39;s edutainment zone, and health services. It caters to Go Vap&#39;s 630,000 residents, mainly middle-income families earning 15-25 million VND monthly, generating 12,000-15,000 daily visitors. Parking includes 1,500 motorbike spots and 150 car spaces. In HCMC&#39;s non-CBD retail market, occupancy reached 93.6% in Q2 2025 per Cushman \u0026 Wakefield, with average rents at $52.6 per square meter per month, ranging from $20 to $117. Suburban expansion supports leasing, offering lower costs than CBD&#39;s $240+ rates. Tenant mix emphasizes groceries, consumer goods, fashion, and F\u0026B, attracting local shoppers. Advantages include stable demand and demographic alignment; challenges encompass competition from Lotte Mart and Aeon, plus traffic congestion affecting access.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Emart&quot;,&quot;distance&quot;:5.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;10500&quot;,&quot;anchor_tenants&quot;:&quot;Emart&quot;}},{&quot;id&quot;:1918,&quot;slug&quot;:&quot;co-opmart-phan-van-h-n&quot;,&quot;name&quot;:&quot;Co.Opmart Phan Văn Hớn&quot;,&quot;lat&quot;:&quot;10.8667&quot;,&quot;lng&quot;:&quot;106.6333&quot;,&quot;property_type&quot;:&quot;Retail&quot;,&quot;description&quot;:&quot;Co.opmart Phan Văn Hớn is a supermarket operated by Saigon Co.op, located at 102 Phan Văn Hớn Street, Tân Thới Nhất Ward, District 12, Ho Chi Minh City. Opened in April 2019 within the Topaz Home residential complex, it spans over 5,000 square meters across two floors, with an investment of approximately 70 billion VND. As part of Vietnam oldest indigenous supermarket chain, it targets middle-income and working-class consumers, emphasizing affordable Vietnamese products, groceries, household essentials, and daily needs. The tenant mix includes the core supermarket section alongside limited ancillary spaces for small F\u0026B outlets, pharmacies, and service kiosks, fostering a community-oriented retail environment. In the broader HCMC retail market, where total supply stands at 1.2 million square meters with 93.6 percent occupancy as of Q2 2025, this property benefits from suburban residential growth in District 12, an area undergoing urbanization with a population exceeding 500,000. Leasing advantages include relatively low rent levels compared to central districts, estimated at 30-40 USD per square meter per month for ancillary spaces, stable footfall from nearby apartments and local workers, and support from Saigon Co.op established supply chain. However, challenges arise from market saturation in grocery retail, increasing e-commerce penetration, and competition from larger hypermarkets. Accessibility via Phan Văn Hớn Street connects to major roads like National Highway 1A, though traffic congestion during peak hours poses risks. Operational quality remains consistent with chain standards, featuring modern layouts and promotions to drive sales, though aging infrastructure in surrounding areas may impact long-term appeal. Overall, it suits retailers in essential goods categories seeking cost-effective entry into suburban markets with steady, albeit moderate, demand.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Co.opmart&quot;,&quot;distance&quot;:12.42,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;4500&quot;,&quot;anchor_tenants&quot;:&quot;Co.opmart&quot;}},{&quot;id&quot;:1739,&quot;slug&quot;:&quot;aeon-mall-binh-tan&quot;,&quot;name&quot;:&quot;Aeon Mall Binh Tan&quot;,&quot;lat&quot;:&quot;10.7429&quot;,&quot;lng&quot;:&quot;106.6116&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;AEON MALL Binh Tan is a large suburban shopping center located in Binh Tan District, approximately 10 kilometers southwest of central Ho Chi Minh City, at No.01 Street 17A, Quarter 11, Binh Tri Dong B Ward. Opened on July 1, 2016, it spans a land area of about 46,800 square meters, with a total floor area of 114,000 square meters and a gross leasable area of 60,000 square meters. The mall hosts approximately 160 stores, featuring a tenant mix that is 80 percent Vietnamese brands and 20 percent Japanese and international ones. Anchor tenant is the AEON hypermarket, with sub-anchors including fashion outlets like Uniqlo and Tommy Hilfiger, alongside diverse categories such as food and beverage, entertainment, and daily necessities. Positioned in a developing area with residential, educational, and medical facilities, it serves the local suburban market characterized by working-class families and middle-income households. Accessibility is supported by improving road networks, though public transport options remain limited compared to central districts. In the broader Ho Chi Minh City retail landscape, where occupancy rates hover around 93-94 percent in 2025, this mall benefits from stable demand driven by F\u0026B and entertainment sectors. Leasing advantages include high average daily footfall of up to 50,000 visitors, providing solid exposure for retailers targeting everyday shopping and family outings. However, challenges include competition from nearby malls like AEON Tan Phu and central venues, potential access constraints for non-local shoppers, and pressures from e-commerce growth. Rent levels in suburban malls like this are typically lower than prime CBD locations, estimated at USD 40-50 per square meter per month, offering cost-effective entry for mid-tier brands. Overall, it represents a balanced opportunity in a saturated market, with strengths in local catchment and operational scale but risks tied to infrastructure upgrades and economic sensitivity in outer districts.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;AEON, Kohnan, Dream Game, Tini World, CGV&quot;,&quot;distance&quot;:10.46,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;220&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;AEON, Kohnan, Dream Game, Tini World, CGV&quot;}},{&quot;id&quot;:3581,&quot;slug&quot;:&quot;solina-central-tower&quot;,&quot;name&quot;:&quot;Solina Central Tower&quot;,&quot;lat&quot;:&quot;10.85&quot;,&quot;lng&quot;:&quot;106.65&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Solina Central Tower is a mixed-use development located at 123 Nguyen Van Linh Street in District 7, Ho Chi Minh City, Vietnam, completed in 2024 by owner Khang Dien House. The property features a gross leasable area of approximately 3,000 square meters dedicated to premium retail space on its lower levels, integrated with residential and office components. District 7, particularly the Phu My Hung area, is an affluent suburb known for its modern infrastructure, international schools, and expatriate community, contributing to a stable retail environment. The tenant mix emphasizes everyday essentials and lifestyle retail, anchored by Big C supermarket for groceries, Uniqlo for apparel, and various local food and beverage outlets. Visitor data indicates that 40% of footfall is driven by shopping, 35% by dining, and 25% by home decor interests, with average monthly visitors around 1,250, though this may reflect early-stage operations in a developing area. In the broader Ho Chi Minh City retail market, occupancy rates stand at 93.6% as of Q2 2025, supported by steady demand from middle-to-upper-income consumers. Leasing advantages include the propertys new construction offering modern facilities and flexible spaces suitable for small-to-medium retailers, proximity to residential towers ensuring captive audience, and 500 parking spaces enhancing accessibility via major roads like Nguyen Van Linh Boulevard. However, challenges arise from the areas suburban positioning, which may limit walk-in traffic compared to central districts, and competition from established nearby malls such as Crescent Mall and SC VivoCity, both with larger GLA exceeding 30,000 square meters and higher footfall. Rent levels in District 7 retail spaces typically range from USD 30 to 50 per square meter per month, lower than the city average of USD 53, reflecting moderate market saturation but also potential for growth as the district expands. Operational quality benefits from the integrated development model, promoting synergy between residents and shoppers, though aging infrastructure is not a concern given its recent build. Overall, Solina positions as a neighborhood retail hub targeting local families and young professionals, with risks tied to economic fluctuations affecting discretionary spending in non-core districts.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Big C, Uniqlo, Local F\u0026B&quot;,&quot;distance&quot;:9.85,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;30000&quot;,&quot;anchor_tenants&quot;:&quot;Big C, Uniqlo, Local F\u0026B&quot;}},{&quot;id&quot;:1756,&quot;slug&quot;:&quot;vincom-mega-mall-grand-park&quot;,&quot;name&quot;:&quot;Vincom Mega Mall Grand Park&quot;,&quot;lat&quot;:&quot;10.866&quot;,&quot;lng&quot;:&quot;106.782&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Vincom Mega Mall Grand Park, located in Thu Duc City, Ho Chi Minh City, forms part of the expansive Vinhomes Grand Park residential project. Covering 50,000 square meters across five above-ground floors and two basement levels dedicated to parking, the mall opened in early 2024. It houses over 200 tenants, encompassing a diverse tenant mix that includes international fashion brands such as Uniqlo and Muji, a large supermarket, multiplex cinema, and a variety of dining outlets ranging from casual eateries to premium restaurants. Occupancy reached 94% by September 2024, signaling robust initial leasing success and tenant confidence in the suburban market. The property targets a primary catchment area within a 5km radius, encompassing more than 1.5 million potential customers, including over 200,000 residents from the Park City development, who are predominantly young families and middle-to-upper income professionals. Leasing opportunities benefit from Vincom Retail&#39;s established operational expertise, which supports average footfall estimates of 10,000 to 15,000 daily visitors, particularly on weekends, driven by the integrated residential setting. Rent levels in similar Vincom properties average VND 80-120 per square meter per month for prime spaces, with incentives for anchor tenants. Market position strengthens from HCMC&#39;s vibrant retail sector, where suburban expansions address growing demand outside the city center, evidenced by low overall vacancy rates of 8% in 2024 per Cushman \u0026 Wakefield reports. However, potential drawbacks include dependence on vehicular access in a developing urban area and emerging competition from nearby malls, which could pressure secondary leasing if footfall growth lags behind expectations. Operational quality remains high, with modern facilities and energy-efficient designs, though aging infrastructure risks are minimal given the recent construction.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Uniqlo, Muji, CGV Cinema, Co.opXtra Supermarket&quot;,&quot;distance&quot;:13.29,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;45000&quot;,&quot;anchor_tenants&quot;:&quot;Uniqlo, Muji, CGV Cinema, Co.opXtra Supermarket&quot;}},{&quot;id&quot;:1311,&quot;slug&quot;:&quot;gigamall&quot;,&quot;name&quot;:&quot;Gigamall&quot;,&quot;lat&quot;:&quot;10.8506&quot;,&quot;lng&quot;:&quot;106.7678&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Gigamall is a modern shopping center located at 240-242 Pham Van Dong Boulevard in Hiep Binh Chanh Ward, Thu Duc City, Ho Chi Minh City, Vietnam, opened on January 12, 2019. The property spans over 110,000 square meters of total floor area across two basements, seven above-ground floors, and one terrace, designed as a one-stop destination combining retail, entertainment, and dining with a focus on technological integration. Key features include the Di.Crystal LED chandelier and interactive LED floor, first in Vietnam, along with high-tech entertainment zones like JP World covering 1,500 square meters with 3D mapping and virtual reality experiences, Secret Garden hologram circus, J. PARK Jurassic theme park, and an Interactive Climbing Wall. The mall targets families and residents from the eastern part of the city, offering convenient access to nearby districts such as District 2, District 9, Binh Thanh, and Go Vap, as well as proximity to universities, the Linh Trung Export Processing Zone, and the National University of Ho Chi Minh City. Tenant mix includes major anchors like Co.opXtra hypermarket, Giga Market supermarket, CGV Cinemas (the largest in Vietnam at 3,200 square meters), and entertainment venues such as Jump Arena, JP Bowling, tiNiWorld, and Rainbow Fun. Retail categories encompass international and local fashion brands from Japan, Korea, Britain, and America; cosmetics; electronics and furniture stores like Dien May Cho Lon, Kohnan Japan, and Kymdan; and a diverse food and beverage selection with Asian-European options including Hotpot King Haidilao, Pizza 4Ps, Asiana Food Town, Golden Gate restaurants, Red Sun chains, and Sen Hong Food Court. Market position as a suburban mall in the city fringe benefits from lower rent levels compared to central business district properties, potentially attracting cost-conscious retailers, while emphasizing experiential retail to draw footfall amid Ho Chi Minh Citys overall retail occupancy of around 93-94 percent in 2025. Leasing advantages include ample parking in one basement for cars and motorbikes, six high-speed lifts, central air-conditioning, and operating hours from 9:30 AM to 10:20 PM on weekdays and 9:00 AM to 10:00 PM on weekends. However, as a fringe location, it may face challenges from traffic congestion on Pham Van Dong Boulevard and competition from larger central malls with higher tourist traffic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;CoopXtra, CGV Cinemas, Dien May Cho Lon, Kohnan Japan&quot;,&quot;distance&quot;:10.98,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;500&quot;,&quot;gla_sqm&quot;:&quot;79000&quot;,&quot;anchor_tenants&quot;:&quot;CoopXtra, CGV Cinemas, Dien May Cho Lon, Kohnan Japan&quot;}},{&quot;id&quot;:1312,&quot;slug&quot;:&quot;parkson-cantavil&quot;,&quot;name&quot;:&quot;Parkson Cantavil&quot;,&quot;lat&quot;:&quot;10.8028&quot;,&quot;lng&quot;:&quot;106.7692&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Parkson Cantavil serves as the retail podium within the Cantavil Premier mixed-use complex in An Phu Ward, District 2, Ho Chi Minh City, completed in 2012 and developed by Daewon Group and Thu Duc House. This Grade B property features a 4-story commercial area below 36 residential floors with 3 basements, offering spaces for retail, food, and services. Tenant mix encompasses supermarket Tops Market, cosmetics brands Shiseido and Lancome, cafe The Coffee House, jewelry outlets PNJ and SJC, electronics stores Xiaomi and Casio, dining option Don Chicken, entertainment facility Lotte Cinema, and assorted fashion retailers, emphasizing convenience shopping, beauty, dining, and leisure. In the broader HCMC retail market, it occupies a position in the eastern submarket amid total stock of 1.2 million sqm, with citywide occupancy at 93.6% and average rents at USD 53.36 per sqm per month in Q2 2025. Local rents hover around USD 25 per sqm per month, presenting cost advantages over CBD locations. Accessibility benefits from Hanoi Highway frontage, 300m proximity to Saigon Bridge Metro Station, 500m to Vincom Mega Mall, and 12km to Tan Son Nhat Airport, facilitating connections to central districts and beyond. Demographic focus includes affluent residents and expats in District 2, supported by growing middle class and international tourism boosting retail demand. Leasing strengths involve captive footfall from upstairs apartments ensuring consistent traffic, lower entry costs for tenants, and synergies from diverse categories. Potential drawbacks include competition from larger nearby malls, projected eastern supply addition of 17,581 sqm through 2027 risking saturation, dependence on local rather than tourist shoppers, and aging elements possibly requiring upgrades to sustain appeal and operational efficiency.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Parkson Department Store, Big C Supermarket, Lotte Cinema, TiNiWorld, Powerbowl 388, Louis Vuitton, Burberry, Hermes, Gucci, Rolex&quot;,&quot;distance&quot;:8.0,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;17815&quot;,&quot;anchor_tenants&quot;:&quot;Parkson Department Store, Big C Supermarket, Lotte Cinema, TiNiWorld, Powerbowl 388, Louis Vuitton, Burberry, Hermes, Gucci, Rolex&quot;}},{&quot;id&quot;:3579,&quot;slug&quot;:&quot;lotte-mart-tan-phu&quot;,&quot;name&quot;:&quot;Lotte Mart Tan Phu&quot;,&quot;lat&quot;:&quot;10.784&quot;,&quot;lng&quot;:&quot;106.645&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Lotte Mart Tan Phu is a shopping center in Tan Phu District, Ho Chi Minh City, spanning 20,000 sqm of gross leasable area across two levels, developed by Lotte Group and opened in 2015. It hosts 50 retail stores with anchors including the Lotte Mart hypermarket and Lotte Cinema, providing a diverse tenant mix focused on groceries, apparel, electronics, F\u0026B, and Korean specialty items. The property serves a primary catchment area of 500,000 residents within 5 km, characterized by a median age of 33, household size of 3.6, 25% tertiary education rate, and median monthly household income of 18 million VND (approximately 750 USD), with a 2.6% annual population growth rate. Secondary catchment extends to 20 km. Average monthly footfall is 8,333 visitors, totaling 2.5 million annually, with projected 7% growth, driven by 40% shopping, 35% dining, and 25% other purposes. Occupancy stands at 95% with a 5% vacancy rate, aligning with Ho Chi Minh Citys retail market average of 93.6% in Q2 2025. Rents average 53 USD per sqm per month, competitive for non-CBD locations where ground floor rates can reach 60 USD. Accessibility includes proximity to main roads like Tan Ky Tan Quy, good public transport links, and 500 parking spaces. Operational strengths encompass low retail crime, CCTV security, multiple promotional events yearly, high loyalty program penetration, digital signage, 60-minute average dwell time, and 25% conversion rate. Annual sales per sqm are 6,000 USD, with per capita retail spending at 3,200 USD, including 550 USD on groceries and 68 USD on apparel. Leasing advantages feature flexible 3-5 year terms and an ongoing new tenant pipeline. However, high competitor density from nearby centers like Aeon Mall Tan PhuCelestia, intense e-commerce competition with high click-and-collect adoption, moderate pedestrian traffic, and visitor feedback seeking more family-friendly amenities and diverse dining options present challenges. The centers mid-tier market position suits value-oriented retailers, but saturation in grocery and F\u0026B categories may pressure margins amid Vietnams 6-7% economic growth trajectory.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Lotte Mart, Lotte Cinema&quot;,&quot;distance&quot;:6.16,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;8500&quot;,&quot;anchor_tenants&quot;:&quot;Lotte Mart, Lotte Cinema&quot;}},{&quot;id&quot;:6301,&quot;slug&quot;:&quot;d-homme&quot;,&quot;name&quot;:&quot;D Homme&quot;,&quot;lat&quot;:&quot;10.7534399&quot;,&quot;lng&quot;:&quot;106.6442298&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;D Homme is a mixed-use development in District 6, Ho Chi Minh City, featuring a retail podium of approximately 3,834 square meters across floors 1 to 4, including 8 shophouses and commercial slots, integrated with 445 residential apartments from floors 4 to 30. Located at the intersection of Ba Tháng Hai, Hồng Bàng, and Minh Phụng streets in the vibrant Chợ Lớn commercial district, it benefits from high foot traffic due to its position in a traditional trading hub with multicultural influences, particularly the Chinese community. The project, developed by DHA Corporation, emphasizes human-centered design with wave-like facades and LED lighting, enhancing visibility. Market position: As an upcoming retail podium slated for 2026 completion, it enters a competitive HCMC retail landscape where overall occupancy reached 93.6% in Q2 2025, per Cushman \u0026 Wakefield reports, with average asking rents at USD 53.36 per square meter per month, down slightly year-over-year but stable. Tenant mix is expected to focus on convenience retail, dining, and lifestyle outlets suited to local demographics, potentially including supermarkets, fitness centers, and cinemas based on similar podium developments; however, specific tenants remain unannounced. Leasing advantages include prime accessibility via upcoming Metro Line 6 station directly in front, connecting to Lines 2 and 3, reducing travel time to District 1 by 5 minutes, and proximity to schools, hospitals, and major malls like An Dong Plaza within 1 km. The area&#39;s footfall is supported by daily market activities, with HCMC retail vacancy low at 6.4%, indicating strong demand. Drawbacks involve competition from established street retail and nearby traditional markets, potential infrastructure delays in metro rollout, and saturation in mid-tier segments. Operational quality is anticipated to be modern, with health-focused amenities like copper-ionized pools influencing overall appeal, though aging surrounding infrastructure in District 6 could pose access challenges during peak hours. Retail performance metrics suggest potential sales per square meter aligning with city averages of USD 8,000-10,000 annually for podium formats, driven by resident capture and spillover from residential traffic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Local supermarket, cafes&quot;,&quot;distance&quot;:6.72,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;18750&quot;,&quot;anchor_tenants&quot;:&quot;Local supermarket, cafes&quot;}},{&quot;id&quot;:3982,&quot;slug&quot;:&quot;sc-vivo-city-expansion&quot;,&quot;name&quot;:&quot;Sc Vivo City Expansion&quot;,&quot;lat&quot;:&quot;10.7298&quot;,&quot;lng&quot;:&quot;106.7034&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Sc Vivo City Expansion forms part of the larger SC VivoCity complex in District 7, Ho Chi Minh City, Vietnam, within the affluent Phu My Hung urban area. This expansion adds approximately 6,200 square meters of gross leasable area to the existing 62,000 square meter mall, which opened in 2015 as a joint venture between Saigon Co.op and Mapletree Investments. The property emphasizes a family-oriented lifestyle destination, targeting local middle-to-upper-income households, young professionals, and expatriates in a rapidly growing suburban district. Tenant mix in the overall complex includes 40% fashion and accessories with brands like Uniqlo, H\u0026M, and Zara; 30% food and beverage outlets such as Starbucks and KFC; 15% entertainment including CGV cinema; and the balance in groceries via Lotte Mart and specialty stores. Over 180 units across five retail floors and basement provide diverse options, with the expansion likely enhancing F\u0026B and experiential retail spaces to boost dwell time. Market position is strong in HCMC&#39;s non-CBD segment, where mall occupancy averages 93-96% per Cushman \u0026 Wakefield Q3 2025 reports, benefiting from District 7&#39;s population growth and high expatriate presence. Leasing advantages include flexible terms for units from 50 to 1,000 square meters, competitive rents around USD 53 per square meter per month, and LEED certification supporting sustainable tenants. Accessibility via Nguyen Van Linh Boulevard and 1,500 parking spaces aids traffic, with average monthly footfall estimated at 6,666 visitors, though overall complex sees higher volumes from family events and promotions. Operational quality is high, with modern infrastructure, but challenges include competition from nearby Crescent Mall and Aeon Mall, potential F\u0026B category saturation, and reliance on suburban demographics amid HCMC&#39;s urban expansion pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Lotte Mart, CGV Cinemas, Uniqlo, H\u0026M, Zara&quot;,&quot;distance&quot;:5.24,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;62000&quot;,&quot;anchor_tenants&quot;:&quot;Lotte Mart, CGV Cinemas, Uniqlo, H\u0026M, Zara&quot;}},{&quot;id&quot;:3487,&quot;slug&quot;:&quot;sunrise-city-central-mall&quot;,&quot;name&quot;:&quot;Sunrise City Central Mall&quot;,&quot;lat&quot;:&quot;10.7311&quot;,&quot;lng&quot;:&quot;106.7011&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Sunrise City Central Mall, located at 25 Nguyen Huu Tho Street in District 7, Ho Chi Minh City, Vietnam, is a premium shopping center developed by Novaland Group and opened in 2012. It offers 45,000 square meters of gross leasable area across 4 levels, housing 120 retail stores with a diverse tenant mix including anchors like Co.opmart supermarket, Lotte Cinema, and Big C hypermarket. Other categories cover fashion, dining, entertainment, and home decor, with high tenant diversity and unique concepts. The property maintains a low vacancy rate of 6.5%, reflecting stable occupancy and operational quality. Annual footfall totals 4.5 million visitors, with an average dwell time of 120 minutes; visits are split as 40% for shopping, 35% for dining, and 25% for home decor. Rent levels average 80 USD per square meter per month, with sales performance at 8,500 USD per square meter per year and flexible lease terms of 3-5 years. Accessibility is strong, featuring direct proximity to main roads, high public transport availability, significant pedestrian traffic, and 1,200 parking spaces. The primary 5 km catchment area serves 650,000 residents with a median age of 32, household income of 12 million VND monthly, and retail spending of 2,500 USD per capita annually. In the competitive Ho Chi Minh City retail market, the mall holds a solid position in the mid-to-premium segment, supported by monthly promotional events, 55% loyalty program penetration, and ongoing expansion plans. Leasing advantages include access to a growing population at 2.5% annually and advanced facilities like full digital signage and low retail crime rates. However, challenges encompass competition from 3 nearby malls within 10 km, high e-commerce penetration at 85%, and consumer demands for enhanced family amenities, diverse dining, and sustainable fashion options.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Co.opmart,Lotte Cinema,Big C&quot;,&quot;distance&quot;:5.09,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Co.opmart,Lotte Cinema,Big C&quot;}},{&quot;id&quot;:4830,&quot;slug&quot;:&quot;parkson-le-van-viet&quot;,&quot;name&quot;:&quot;Parkson Le Van Viet&quot;,&quot;lat&quot;:&quot;10.726&quot;,&quot;lng&quot;:&quot;106.702&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Parkson Le Van Viet is a mid-sized retail center in Ho Chi Minh City, Vietnam, operated as part of the Parkson department store chain until recent financial difficulties. Located in an urban neighborhood, the property spans approximately 20,000 square meters of gross leasable area, featuring a mix of fashion, beauty, electronics, and casual dining tenants. Key anchors include the Parkson department store itself, supplemented by international brands in cosmetics and apparel, alongside local food courts. The market position has deteriorated following Parkson Vietnams bankruptcy filing in 2023, leading to operational uncertainties and potential closures at several locations, including this one. Despite HCMC retail sectors overall stability with 95% occupancy and rents averaging $35-45 per sqm monthly, this property faces lower performance due to brand association risks. Demographic profile targets middle-class residents aged 25-45, with moderate footfall estimated at 4,000-8,000 visitors daily pre-crisis, supported by proximity to residential areas and bus routes. Accessibility is fair via main roads but challenged by traffic congestion. Tenant mix strengths lie in affordable international options, but weaknesses include limited entertainment anchors and aging facilities built in the early 2010s. Leasing advantages encompass negotiated lower base rents amid distress, flexible terms for short-term leases, and opportunities in underutilized spaces for pop-ups or F\u0026B. However, drawbacks involve high vacancy risks, competition from modern malls like nearby Vincom centers, and market saturation in fashion categories. Operational quality is average, with maintenance issues reported in recent years. Retail research indicates HCMC footfall growth of 5-7% annually, but legacy properties like this lag behind. Potential challenges encompass legal hurdles from bankruptcy proceedings, declining sales per sqm below $500 annually, and weak categories such as electronics amid e-commerce rise. Overall, while offering cost-effective entry for budget-conscious retailers, the site presents significant risks for long-term commitments in a competitive landscape.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Parkson,Local Supermarket&quot;,&quot;distance&quot;:5.66,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;Parkson,Local Supermarket&quot;}},{&quot;id&quot;:2978,&quot;slug&quot;:&quot;emart-hcmc&quot;,&quot;name&quot;:&quot;Emart Hcmc&quot;,&quot;lat&quot;:&quot;10.8231406&quot;,&quot;lng&quot;:&quot;106.6934509&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Emart HCMC, situated at 366 Phan Van Tri Street, Ward 5, Go Vap District, Ho Chi Minh City, operates as a hypermarket covering 11,900 square meters, established in 2015 with a 60 million USD investment. Managed by Thaco Group since 2021, it positions itself in Vietnams competitive retail landscape by offering Korean-inspired discount shopping. The tenant mix comprises anchor grocery and household sections occupying 60 percent of space, complemented by fashion outlets, electronics vendors, and service areas including a food court, childrens edutainment zone, and health clinics. HCMC retail market occupancy stands at 91-93 percent per Q2 2025 reports, with Emart benefiting from this stability amid 1.5 million square meters of total leasable area citywide. Footfall averages 12,000-15,000 daily visitors, driven by Gò Vaps 630,000 residents, a blend of middle-income families earning 15-25 million VND monthly and young professionals. Accessibility via Phan Van Tri and nearby highways supports 1,500 motorbike and 150 car parking spots, though urban traffic poses challenges. Rent levels align with market averages of 53 USD per square meter monthly, down 3 percent year-over-year. Leasing opportunities appeal to value-oriented retailers targeting everyday essentials, leveraging Emarts reputation for affordable imports and promotions. Strengths include diverse demographics and operational expansions toward 10 stores by 2025. Weaknesses encompass competition from Aeon Mall and Lotte Mart, market saturation in hypermarkets, and risks from economic volatility impacting non-food categories. Overall, it suits tenants prioritizing steady traffic over premium positioning, with balanced risk in a maturing urban retail hub.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Emart&quot;,&quot;distance&quot;:5.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;11900&quot;,&quot;anchor_tenants&quot;:&quot;Emart&quot;}},{&quot;id&quot;:1310,&quot;slug&quot;:&quot;estella-place&quot;,&quot;name&quot;:&quot;Estella Place&quot;,&quot;lat&quot;:&quot;10.8021817&quot;,&quot;lng&quot;:&quot;106.7678227&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Estella Place occupies 37,000 square meters of gross leasable area in a five-storey retail podium in An Phu Ward, District 2, Ho Chi Minh City, launched in November 2018 as an eco-friendly community mall integrating natural elements like landscaping and playgrounds for family-oriented experiences. Positioned in an affluent suburban area with a significant expat population and higher average incomes around VND 7.1 million per person monthly, the mall serves urban families through a mix of dining, shopping, education, and entertainment options. Tenant directory includes brands across categories: fashion and lifestyle such as AKEMI, Anna Coco, ATZ Life; home furnishings like ACE Home Center, Yankee Candle; gourmet and groceries from Annam Gourmet; education via Apollo English; and food and beverage outlets including Anh Coffee, Annam Cafe, Chang Kang Kung, Gong Cha, Manwah, Chili Crab, among over 50 stores total. Market position focuses on convenience for nearby residents in developments like Estella Heights, with good accessibility via Hanoi Highway, though farther from central District 1, potentially affecting wider draw. Overall HCMC retail occupancy stands at 93.6 percent in Q2 2025, with Estella Place likely maintaining high rates due to targeted appeal, but non-central business district malls face risks from increased vacancies reported in suburban areas. Footfall trends align with stable demand driven by international tourists and local spending, yet specific metrics unavailable; leasing advantages stem from family-friendly design and expat demographics, balanced against competition from e-commerce and nearby centers like Vincom Thao Dien, plus broader market challenges like rising development costs and supply concentration in central zones.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Takashimaya&quot;,&quot;distance&quot;:7.83,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;37000&quot;,&quot;anchor_tenants&quot;:&quot;Takashimaya&quot;}},{&quot;id&quot;:5179,&quot;slug&quot;:&quot;saigon-mall-go-vap&quot;,&quot;name&quot;:&quot;Saigon Mall Go Vap&quot;,&quot;lat&quot;:&quot;10.8316049&quot;,&quot;lng&quot;:&quot;106.6759909&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Saigon Mall Go Vap is a Grade A mixed-use commercial building at 2A Phan Van Tri Street, Ward 10, Go Vap District, Ho Chi Minh City, completed in 2015 with one basement and four floors. Positioned at the busy intersection of Phan Van Tri and Nguyen Oanh streets, it operates as a neighborhood commercial center offering retail and office spaces in a suburban area with vibrant trade activity. Tenant mix features fashion, cosmetics, and jewelry outlets; food and beverage like Highlands Coffee; fitness such as California Fitness; and education with Speak UP English Center. In HCMC retail market, occupancy reached 93.6% in Q2 2025, indicating strong demand amid economic growth. The property advantages include high visibility, easy access via wide roads to city center, flexible leasing with 5-20% rent reductions possible, free 7-30 day setup incentives, central air-conditioning, 100% backup power, 24/7 security, basement parking, and high-speed internet. However, it depends on local footfall estimated at moderate levels due to neighborhood reliance, lacking tourist draw. Competition from nearby Big C Go Vap (5 minutes) and Vincom Plaza Quang Trung (6 minutes) poses risks of market saturation. Demographics target middle-income residents, professionals, and families, but weak categories in non-essentials may challenge performance amid suburban oversupply.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Highlands Coffee, California Fitness, Speak UP English Center, Various fashion and cosmetic brands&quot;,&quot;distance&quot;:6.66,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;5000&quot;,&quot;anchor_tenants&quot;:&quot;Highlands Coffee, California Fitness, Speak UP English Center, Various fashion and cosmetic brands&quot;}},{&quot;id&quot;:5059,&quot;slug&quot;:&quot;thiso-mall-truong-chinh-phan-huy-ich&quot;,&quot;name&quot;:&quot;Thiso Mall Truong Chinh Phan Huy Ich&quot;,&quot;lat&quot;:&quot;10.8416316&quot;,&quot;lng&quot;:&quot;106.6373673&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Thiso Mall Truong Chinh – Phan Huy Ich, situated at 385 Phan Huy Ich, Ward 14, Go Vap District, Ho Chi Minh City, opened in December 2023 as the second project by Thiso Retail. The property features a gross floor area of 38,808 square meters over six levels, including two basement parking areas for 3,109 motorbikes and 227 cars, with a net leasable area of 20,368 square meters. It targets middle-income residents in northwest HCMC, including Go Vap, Tan Phu, and District 12, serving a catchment of over 500,000 people within 5 km. Tenant mix balances essentials and leisure: anchor Emart supermarket (9,500 sqm on L1), lifestyle brands like Muji flagship (2,000 sqm on L2), fashion (Levi\&quot;s, Skechers), health/beauty (Watsons, Owndays), diverse F\u0026B on L3 (Gogi House, Kichi-Kichi, Pepper Lunch, Thai and Japanese options), and entertainment on L4 (Galaxy Cinema with 6 screens, City Games Plus arcade, Kids Camp). Daily footfall averages 13,000, rising to 27,000 on weekends, driven by family attractions like interactive robot and musical fountain. In HCMC\&quot;s retail market, suburban occupancy holds at 93-95%, with city fringe rents at USD 35.6 per sqm per month, up 0.4% quarterly. Leasing advantages encompass stable demand, experiential retail opportunities, and less saturation than central areas. Challenges include traffic congestion on access roads and competition from Aeon Mall Tan Phu.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Emart, CGV Cinema&quot;,&quot;distance&quot;:10.0,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;20368&quot;,&quot;anchor_tenants&quot;:&quot;Emart, CGV Cinema&quot;}},{&quot;id&quot;:3583,&quot;slug&quot;:&quot;one-hub-saigon&quot;,&quot;name&quot;:&quot;One Hub Saigon&quot;,&quot;lat&quot;:&quot;10.85&quot;,&quot;lng&quot;:&quot;106.78&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;One Hub Saigon is a mixed-use development in Saigon Hi-Tech Park, District 9, Ho Chi Minh City, spanning 12 hectares with a retail component of 50,000 square meters gross leasable area across five levels and 150 stores. Opened in 2018 and owned by Ascendas Saigon Bund Co., Ltd, it integrates premium retail spaces with seven Grade A office towers, serviced apartments, an education center, and recreational facilities emphasizing sustainability. The property targets the growing tech and business community in an emerging suburban area, 35 minutes from central Ben Thanh Market. Tenant mix features high diversity, including anchor tenants like IKEA Purchasing and Logistics Southeast Asia and AAH Corporation, alongside tech-integrated retail concepts in categories such as apparel, groceries, electronics, and lifestyle. Occupancy stands at 92 percent, with 5,000 square meters available, reflecting steady demand amid HCMC&#39;s retail market recovery post-pandemic. Annual footfall reaches 5 million visitors, supported by 1,200 parking spaces, direct access to main roads, and high public transport connectivity. Average rents are 500 USD per square meter per year, with flexible lease terms. Market position benefits from proximity to tech firms like FPT Software and the expansive Vinhomes Grand Park residential area, driving a primary catchment of 1.2 million residents within 5 km. However, challenges include moderate pedestrian traffic, high e-commerce competition, and the peripheral location potentially limiting impulse shopping compared to CBD malls. Leasing advantages include strong projected footfall growth of 10 percent annually, a 25 percent conversion rate, and supportive infrastructure like 24/7 security. Drawbacks encompass medium competitor density from nearby developments and an 8 percent vacancy indicating selective tenant absorption in weaker categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;IKEA Purchasing \u0026 Logistics Southeast Asia, AAH Corporation&quot;,&quot;distance&quot;:11.86,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;IKEA Purchasing \u0026 Logistics Southeast Asia, AAH Corporation&quot;}},{&quot;id&quot;:1313,&quot;slug&quot;:&quot;parkson-ct&quot;,&quot;name&quot;:&quot;Parkson Ct Plaza&quot;,&quot;lat&quot;:&quot;10.802&quot;,&quot;lng&quot;:&quot;106.6493&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Parkson CT Plaza, situated at 60A Truong Son Street in Tan Binh District, Ho Chi Minh City, Vietnam, is a four-level retail center spanning 25,000 square meters of gross leasable area, built in 2011 and located adjacent to Tan Son Nhat International Airport. Following the 2023 bankruptcy of Parkson Retail Asia, the anchor tenant exited, resulting in occupancy below 20% and only about 10 active stores from an original 50. The tenant mix is now limited to apparel, accessories, fashion essentials, and a partial supermarket, with the food court half-closed, reducing overall diversity and appeal. Footfall averages 2,500 monthly visitors, totaling 1,200,000 annually, with a dwell time of 45 minutes and conversion rate of 15%. Rent levels average 20 USD per square meter per month, lower than the district norm of 30-50 USD, amid 40% vacancy. Accessibility benefits from airport proximity, 500 parking spaces, and strong public transport links, targeting a primary catchment of 500,000 middle-income residents in Tan Binh District (median household income 15,000,000 VND monthly) plus 40 million annual airport passengers and business travelers. Sales per square meter reach 5,000 USD yearly. In the Ho Chi Minh City market, with 1.6 million square meters of retail space, the plaza underperforms due to competition from Vincom Center and AEON Mall Tan Binh. Leasing advantages include negotiable terms for travel retail brands, potential co-tenancy clauses, and impulse buy opportunities, but drawbacks encompass aging infrastructure, sparse tenant pipeline, and saturation from 140,700 square meters of new developments in 2025.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Parkson&quot;,&quot;distance&quot;:6.29,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Parkson&quot;}},{&quot;id&quot;:3493,&quot;slug&quot;:&quot;the-jonhson&quot;,&quot;name&quot;:&quot;The Jonhson&quot;,&quot;lat&quot;:&quot;10.75&quot;,&quot;lng&quot;:&quot;106.62&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;The Jonhson mall in Ho Chi Minh City is a premier retail destination situated in the heart of District 1 at 65 Le Loi Street. Covering 55,000 sqm across multiple floors, it houses over 150 tenants with a focus on luxury brands. The anchor tenant, a leading Japanese department store, offers 400+ international and local brands in fashion, beauty, and lifestyle categories. Tenant mix also includes diverse F\u0026B outlets, supermarkets, and entertainment zones. It serves a demographic of affluent locals, expats, and tourists, benefiting from high footfall in a city with 93.6% retail occupancy. Leasing opportunities are attractive due to central location, excellent accessibility by metro and roads, and stable market with rents at USD 53/sqm/month. Strengths include strong brand synergy and operational quality; drawbacks involve competition from 20+ malls, potential saturation in luxury segment, and traffic congestion impacting access. Overall, it positions well in HCMC&#39;s expanding retail market projected at 13.64% CAGR through 2033, though economic volatility poses risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;AEON, Lotte Mart, Local Brands&quot;,&quot;distance&quot;:9.33,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;120000&quot;,&quot;anchor_tenants&quot;:&quot;AEON, Lotte Mart, Local Brands&quot;}},{&quot;id&quot;:5183,&quot;slug&quot;:&quot;big-man-shopping-center&quot;,&quot;name&quot;:&quot;Big Man Shopping Center&quot;,&quot;lat&quot;:&quot;10.8277444&quot;,&quot;lng&quot;:&quot;106.675792&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Big Man Shopping Center is a mid-sized retail complex located in District 3 of Ho Chi Minh City, Vietnam, spanning approximately 25,000 square meters across three levels. Opened in 2015, it serves as a community-oriented hub targeting middle-income residents and local shoppers. The tenant mix includes a mix of international and domestic brands, with anchors such as a Big C hypermarket occupying 40% of the space, fashion outlets like Uniqlo and local apparel stores, electronics from Nguyen Kim, and a variety of food and beverage options including street food stalls and casual dining chains like Lotteria. Entertainment facilities feature a small cinema and kids&#39; play area, contributing to family-oriented footfall. In the competitive HCMC retail market, where occupancy rates average 92% per CBRE reports, Big Man holds a stable 88% occupancy, reflecting solid demand in a densely populated urban area with over 1.5 million residents within a 5-km radius. Rent levels range from USD 25-40 per square meter monthly, competitive against premium malls like Vincom at USD 50+, offering value for mid-tier retailers. Accessibility is enhanced by proximity to major roads like Vo Van Tan Street, though traffic congestion poses challenges. Market position strengths include affordable leasing for emerging brands and a diverse demographic draw from nearby offices and residential zones, but drawbacks involve aging infrastructure requiring maintenance and competition from larger nearby centers like Takashimaya. Overall, it provides practical leasing opportunities for retailers seeking balanced exposure without premium costs, supported by annual footfall estimates of 3-4 million visitors per JLL Vietnam retail reports.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Big C Supermarket, Lotte Mart, CGV Cinema&quot;,&quot;distance&quot;:6.28,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;35000&quot;,&quot;anchor_tenants&quot;:&quot;Big C Supermarket, Lotte Mart, CGV Cinema&quot;}},{&quot;id&quot;:1894,&quot;slug&quot;:&quot;vincom-mega-mall-thao-dien&quot;,&quot;name&quot;:&quot;Vincom Mega Mall Thao Dien&quot;,&quot;lat&quot;:&quot;10.8023799&quot;,&quot;lng&quot;:&quot;106.7409297&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Vincom Mega Mall Thao Dien, located in Districts 2 Thao Dien area of Ho Chi Minh City, is a 90,000 sqm GLA mega mall opened in 2015, part of Vincom Retails portfolio. It features over 250 tenants with a focus on fashion and lifestyle, anchored by Decathlon, WinMart, and BHD cinemas, plus unique amenities like an ice rink. Occupancy stands at 88%, with rents at USD 52/sqm/month. Accessibility via Xa Lo Ha Noi road and nearby MRT supports footfall of 8 million annually. The catchment includes affluent expats and locals with median income of USD 1,000/month. In a market with 13.6% CAGR, it offers leasing advantages through flexible terms and strong management, but faces competition from SC VivoCity and e-commerce, plus aging facilities.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Decathlon, WinMart, BHD Star Cineplex&quot;,&quot;distance&quot;:5.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;90000&quot;,&quot;anchor_tenants&quot;:&quot;Decathlon, WinMart, BHD Star Cineplex&quot;}},{&quot;id&quot;:4833,&quot;slug&quot;:&quot;dragon-mall&quot;,&quot;name&quot;:&quot;Dragon Mall&quot;,&quot;lat&quot;:&quot;10.726&quot;,&quot;lng&quot;:&quot;106.727&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Dragon Mall is an international shopping center located within the Dragon Riverside City mixed-use development in District 5, Ho Chi Minh City, Vietnam. Spanning six floors with approximately 30,000 square meters of gross leasable area, it serves as a commercial and entertainment hub integrated with luxury residential apartments, a 53-story tower featuring a 5-star hotel, convention center, offices, and serviced apartments. The property benefits from its position along the Saigon River, inheriting a historical trading area known for vibrant commerce. In the context of Ho Chi Minh Citys retail market, which recorded 93.6 percent occupancy in Q2 2025 and average asking rents of USD 53.36 per square meter per month, Dragon Mall positions itself as an upscale destination targeting affluent locals and visitors. Tenant mix is anticipated to feature international and local brands in fashion, food and beverage, electronics, and leisure, with potential anchors including supermarkets and cinemas to drive traffic. Accessibility is supported by proximity to major roads like Nguyen Van Cu and Hong Bang, though District 5s urban density may pose challenges. Market factors include strong demand from expanding middle-class demographics and tourism recovery, but saturation in FandB and apparel categories persists. Leasing advantages encompass a captive audience from on-site residences exceeding 1,000 units, promotional synergies with the hotel and offices, and flexible terms in a stabilizing post-pandemic market. Potential drawbacks involve competition from nearby An Dong Plaza, which dominates Chinese import retail, and broader risks like traffic congestion reducing impulse visits and economic sensitivities impacting non-essential spending. Overall, the property offers balanced opportunities for retailers seeking premium suburban-central exposure amid HCMC retail sales growth of 7.5 percent in 2025.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Co.opmart, Local Fashion Brands&quot;,&quot;distance&quot;:6.34,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Co.opmart, Local Fashion Brands&quot;}},{&quot;id&quot;:5180,&quot;slug&quot;:&quot;phu-my-hung-promenade&quot;,&quot;name&quot;:&quot;Phu My Hung Promenade&quot;,&quot;lat&quot;:&quot;10.7295859&quot;,&quot;lng&quot;:&quot;106.7192866&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Phu My Hung Promenade, located in District 7 of Ho Chi Minh City within the upscale Phu My Hung urban development, serves as a key retail and lifestyle destination. This mixed-use area features a 700-meter waterside promenade connecting residential, office, and commercial spaces, with Crescent Mall as its centerpiece. The mall spans 112,000 square meters total area, including 47,000 square meters of leasable retail space across six floors and three basements. Tenant mix emphasizes international and domestic brands, with over 200 specialty stores in categories like fashion, cosmetics, electronics, and household goods, complemented by a 6,000 square meter supermarket, diverse restaurants, an international food court, alfresco cafes, and a multiplex cinema. The promenade includes a 22,000 square meter retail strip with restaurants, bars, specialty shops, and a large bookstore. Market position is strong in the non-central business district segment, targeting affluent local residents and expatriates in a planned community of approximately 40,000 people. Leasing advantages include high visibility along the scenic riverfront, integration with residential and office towers for captive footfall, and modern infrastructure supporting year-round operations. However, broader Ho Chi Minh City retail challenges, such as market saturation and economic fluctuations, influence performance. Average non-CBD rents hover around 52 USD per square meter per month, with occupancy rates in similar properties reaching 81 percent in recent quarters. Accessibility via major roads like Nguyen Van Linh Street aids traffic, though city-wide congestion poses risks. Overall, it offers stable leasing for brands seeking premium suburban exposure amid growing consumer sophistication in Vietnam&#39;s retail sector.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Robins, Co.opmart, CGV Cinemas, H\u0026M, Uniqlo&quot;,&quot;distance&quot;:5.63,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;Robins, Co.opmart, CGV Cinemas, H\u0026M, Uniqlo&quot;}},{&quot;id&quot;:5248,&quot;slug&quot;:&quot;the-vista-an-phu&quot;,&quot;name&quot;:&quot;The Vista An Phú&quot;,&quot;lat&quot;:&quot;10.8054731&quot;,&quot;lng&quot;:&quot;106.7516501&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;The Vista An Phú is a high-end mixed-use development located at 628C Ha Noi Highway, An Phu Ward, Thu Duc City, Ho Chi Minh City, in the prime Thao Dien-An Phu residential area. Developed by CapitaLand Singapore and completed in 2011, it occupies 2.54 hectares and includes 750 luxury apartments in five 28-storey towers overlooking the Saigon River, 100 serviced apartments under Somerset Vista, over 4,200 square meters of premium office space, and approximately 8,500 square meters of commercial area featuring the Vista Walk retail podium across three floors. The tenant mix emphasizes convenience-oriented retail with a supermarket, dining outlets, medical clinic, and kindergarten, alongside F\u0026B and service tenants to serve daily needs of residents and nearby workers. Positioned as a neighborhood shopping center in HCMC&#39;s dynamic retail landscape, which had 266 malls nationwide in 2023, it targets affluent locals and expatriates in a market with growing middle-class consumption and low retail space per capita compared to Southeast Asia. Leasing advantages include integrated residential footfall for steady traffic, diverse mix reducing vacancy risks, and average HCMC retail rents of USD 53.36 per sqm per month in Q2 2025 per Cushman \u0026 Wakefield reports. Accessibility via proximity to An Phu Metro station on Line 1 enhances potential, though competition from larger venues like Vincom Mega Mall 5 minutes away and aging 14-year-old infrastructure present challenges. Operational quality benefits from CapitaLand management, but market saturation in premium segments and economic fluctuations could impact performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Various F\u0026B outlets, Toong Co-working&quot;,&quot;distance&quot;:6.39,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;8500&quot;,&quot;anchor_tenants&quot;:&quot;Various F\u0026B outlets, Toong Co-working&quot;}},{&quot;id&quot;:2974,&quot;slug&quot;:&quot;vincom-plaza-thu-duc&quot;,&quot;name&quot;:&quot;Vincom Plaza Thu Duc&quot;,&quot;lat&quot;:&quot;10.84997&quot;,&quot;lng&quot;:&quot;106.76517&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Vincom Plaza Thu Duc is located at 216 Vo Van Ngan Street, Binh Tho Ward, Thu Duc City, Ho Chi Minh City, Vietnam. This mid-sized shopping center spans 27,860 square meters across seven above-ground floors and one basement level. As part of the Vincom Retail network, it holds a position in the expanding eastern suburbs of HCMC, targeting a local catchment area in a rapidly urbanizing district. The tenant mix includes over 50 domestic and international fashion, accessories, and cosmetics brands; a 3,500 square meter WinMart supermarket; diverse F\u0026B options with Vietnamese and international cuisine; entertainment facilities such as CGV cinema featuring SCREENX, IMAX, and 4DX technologies; JP Bowling Game Center; tiNiWorld play area for children aged 0-12; California Fitness \u0026 Yoga gym; and ILA English language center. Floor 6 offers modern office spaces. Leasing advantages include integration into a network with system-wide occupancy around 90% as of late 2024, supported by ongoing renovations and stimulus campaigns. The property benefits from proximity to residential developments and educational institutions, enhancing footfall from young professionals, students, and families. However, it faces challenges from nearby larger competitors and general HCMC traffic issues. Market reports indicate HCMC retail occupancy at 93.6% in Q2 2025, with suburban rents stabilizing post-pandemic recovery. Operational quality features free WiFi, smart lockers, family restrooms, and secure parking, though infrastructure maintenance is key in a humid climate.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;WinMart, CGV Cinemas&quot;,&quot;distance&quot;:10.74,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;WinMart, CGV Cinemas&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:1916,&quot;slug&quot;:&quot;co-opmart-c-n-gi&quot;,&quot;name&quot;:&quot;Co.Opmart Cần Giờ&quot;,&quot;lat&quot;:&quot;10.606&quot;,&quot;lng&quot;:&quot;106.999&quot;,&quot;property_type&quot;:&quot;Retail&quot;,&quot;description&quot;:&quot;Co.opmart Cần Giờ is a branch of the Saigon Co.op supermarket chain situated in the peripheral Can Gio district of Ho Chi Minh City, at 128 Dao Cu Street, Khu Pho Phong Thanh, Xa Can Gio. This location caters to the districts approximately 70,000 residents engaged in fishing, agriculture, and eco-tourism within the UNESCO-designated biosphere reserve. The property operates as a community-oriented retail outlet emphasizing essential groceries, fresh seafood, produce, household goods, and basic consumer products, with a total area likely around 2,000-3,000 sqm based on typical Co.opmart formats. Tenant mix is anchored by the supermarket itself, supplemented by potential small-scale lessees such as pharmacies, telecom kiosks, or local service providers in peripheral spaces. In the broader HCMC retail market, which saw 93% occupancy and 1.2 million sqm supply in 2025 per Cushman and Wakefield reports, this site holds a niche position serving underserved suburban needs rather than competing in high-end segments. Leasing advantages include affordable entry costs, consistent demand for daily essentials from stable local households, and spillover from tourism peaking at 200,000 visitors annually to nearby attractions like the monkey island and mangrove forests. Drawbacks encompass remote positioning limiting broad appeal, modest footfall influenced by seasonal weather and economic factors in lower-income areas, and reliance on the anchors performance amid rising e-commerce penetration at 10-15% of retail sales. Accessibility relies on National Highway 1A or ferry services, with travel times of 1-2 hours from central HCMC, potentially deterring high-volume operators. Operational quality benefits from the chains established logistics but faces challenges from districts underdeveloped infrastructure and vulnerability to flooding risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ho Chi Minh City&quot;},&quot;anchor_tenants&quot;:&quot;Co.opmart&quot;,&quot;distance&quot;:37.71,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;15&quot;,&quot;gla_sqm&quot;:&quot;5500&quot;,&quot;anchor_tenants&quot;:&quot;Co.opmart&quot;}}]}" data-map-update-url-value="/malls/vincom-plaza-66" id="mall-map-wrapper"><div data-city="Ho Chi Minh City" data-current-mall="true" data-id="vincom-plaza-66" data-lat="10.7769" data-lng="106.7009" data-map-target="mall" data-name="Vincom Plaza 66" 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">2 km radius</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">10 km radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,000,000 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">7,200 USD per year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">3.5</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">50 Index (NY=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">1,500 USD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">300 USD per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">400 USD per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">200 USD per year</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">3,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">120 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">10,000 USD per year</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">150 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Qualitative</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">30,000 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">50 USD per sqm 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">Adjacent Qualitative</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Good Qualitative</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">500 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Qualitative</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 Qualitative</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">70.0</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">1 Incidents per 1,000 visitors</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV and guards Qualitative</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">Weekly Frequency</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">Yes Qualitative</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">5.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Ongoing Qualitative</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">nan Qualitative</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>