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Mid-Market FashionElectronics & TechSpecialty RetailQuick-Service DiningNational Chains

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Yunus Centre, located at 809 CDA Avenue, GEC Circle in Chattogram (formerly Chittagong), Bangladesh, is an established shopping mall opened in 2008. It serves as a mid-tier retail destination in the citys commercial hub, spanning multiple floors with a focus on branded apparel, footwear, electronics, mobile accessories, and fashion items. The tenant mix includes local and international brands such as R ONE for IT and laptops, Diamond World for jewelry, Monisha Fashion for readymade garments, and various electronics and mobile shops, creating a diverse offering for everyday shopping needs.

Positioned in a densely populated area with good connectivity via major roads and proximity to government offices and educational institutions, it benefits from steady footfall from middle-class residents, port workers, and business professionals.

Occupancy rates appear high based on active tenant presence and positive reviews averaging 4.8 stars from over 30 ratings, indicating reliable operational quality.

Rent levels in similar Chattogram malls range from 50 to 100 BDT per square foot monthly, offering competitive leasing for small to medium retailers.

Accessibility is strong with ample parking and public transport links, though traffic congestion in peak hours poses challenges. The malls market position is solid amid growing retail sector in Chattogram, driven by urbanization and rising disposable incomes, but faces competition from newer developments.

Leasing advantages include flexible terms for anchor tenants and promotional events like seasonal sales, enhancing visibility. Potential drawbacks involve aging infrastructure from its 16-year operation and saturation in electronics categories.

Overall, it provides balanced opportunities for retailers targeting local demographics with moderate risks from regional economic fluctuations.

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Hours of Operation

Hours

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Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
ThursdayClosed
Friday10:00 AM — 09:00 PM
Saturday10:00 AM — 09:00 PM
Sunday10:00 AM — 09:00 PM
Holiday Hours

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

CDA Avenue, Chattogram, Bangladesh

Insights

Demographics and Footfall

Yunus Centre draws from Chattograms diverse urban population of approximately 5 million, with a core catchment of middle-income families, young professionals, and students in the GEC area. Demographic profile features a median age of 28, high literacy rates over 75%, and growing consumer spending on fashion and tech gadgets, per Bangladesh Bureau of Statistics data. Estimated footfall averages 5,000-10,000 visitors daily on weekends, supported by its central location, though weekdays see lower traffic around 2,000-4,000. This supports stable sales for apparel and electronics but highlights need for targeted marketing to boost mid-week visits amid competition from street markets.

Competition and Market Saturation

The mall operates in a competitive Chattogram retail landscape with rivals like Sanmar Ocean City (launched 2006) and emerging complexes in Agrabad. While Yunus Centre maintains a niche in affordable branded goods, saturation in electronics and mobile categories risks diluting tenant performance, as noted in local commercial reports. Strengths include loyal local patronage and lower rents compared to premium malls (up to 20% less), but weaknesses arise from limited high-end anchors, potentially capping luxury retail appeal. Retailers should assess category overlap, with food and beverage underrepresented offering growth potential despite overall market growth of 8-10% annually per industry insights.

Accessibility and Operational Quality

Situated on CDA Avenue, Yunus Centre offers good accessibility via bus routes, rickshaws, and private vehicles, with on-site parking for 100+ cars easing shopper convenience. Proximity to GEC More circle reduces travel time from city center to 10-15 minutes. Operational quality is adequate with air-conditioned spaces and security, though some reviews mention maintenance issues in older sections. Risks include urban traffic jams affecting peak-hour access and potential infrastructure upgrades needed for long-term appeal. Lease terms typically span 3-5 years with escalation clauses of 5-7% annually, providing stability but requiring negotiation on fit-out allowances to mitigate setup costs for new tenants.

Building Details

Property Type
Shopping Centre
Gross Leasable Area
8000
Year Built
2008
Parking Spaces
200
Average Monthly Footfall
83,333
Owner
Yunusco Group
Anchor Tenants
Electronics shops, Fashion outlets, Food court

Detailed Market Analytics

Primary Catchment Area
5 km radius
Secondary Catchment Area
20 km radius
Catchment area population
500,000 People
Population growth rate
3.5 %
Median age
28 Years
Household size
4.5 Persons per household
Education level (tertiary)
20.0 %

Median household income
30,000 BDT per month
Unemployment rate
5.0 %
Cost of living index
120 Index (national=100)

Retail spending per capita
10,000 BDT per year
Spending on apparel
2,000 BDT per year
Spending on groceries
4,000 BDT per year
Spending on electronics
1,000 BDT per year

Annual foot traffic
1,000,000 Visitors
Dwell time
2 Hours
Conversion rate
30.0 %
Sales per square meter
50,000 BDT per year

Number of retail stores
50 Stores
Anchor tenant presence
Yes Presence
Competitor density (same category)
5 Competitors within 5 km
Tenant diversity
High Qualitative
Unique Concepts
Social business outlets

Gross Leasable Area
8,000 sqm
Number of Levels
4 Levels
Average rent per square meter
1,000 BDT per month
Vacancy rate
10.0 %
Lease term flexibility
Medium Qualitative
Available retail space
2,000 sq m

Proximity to main roads
Adjacent Qualitative
Public transport access
Good Qualitative
Parking spaces
200 Spaces
Pedestrian traffic
High Qualitative

E-commerce competition
High Qualitative
Click-and-collect adoption
20.0 %
Internet penetration
60.0 %

Retail crime rate
Low Qualitative
Security measures
CCTV and guards Qualitative

Promotional events
Monthly Frequency
Loyalty program penetration
15.0 %
Digital signage presence
Yes Presence

Projected foot traffic growth
5.0 %
New tenant pipeline
10 Potential tenants
Mall expansion plans
Planned Qualitative
City Snapshot
Chattogram

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Discover more shopping centers in Chattogram.

Top retail destinations across Bangladesh.

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City Snapshot
Chattogram

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