Key Insights as of Jun 2025

Market Demographics
Population size

214,000 people

Population growth rate

1.8 %

Age distribution - 0-19

30 %

Age distribution - 20-39

45 %

Age distribution - 40-59

20 %

Age distribution - 60+

5 %

Household size

4.2 people

Household composition - Families

65 %

Household composition - Singles

25 %

Education levels - High school or below

40 %

Education levels - Bachelor’s or higher

35 %

Economic Indicators
Median household income

48,000 USD

Employment rate

92 %

Job growth

2.5 %

Dominant industries - Retail/Services

60 %

Cost of living index

120 index

Consumer Spending & Buying Power
Retail sales per capita

6,500 USD

Disposable income

38,000 USD

Spending behavior - Apparel

25 %

Spending behavior - Dining

30 %

Spending behavior - Electronics

15 %

Competition & Retail Presence
Existing retail mix - International brands

70 %

Number of competitors

150 stores

Market saturation

Moderate

Presence of anchor tenants

5 tenants

Foot traffic from nearby businesses

High

Real Estate & Infrastructure
Rent costs - Retail

50 USD/sqft

Property values - Commercial

3,000 USD/sqft

Zoning laws - Retail permissive

Yes

Business permits - Processing time

30 days

Availability of retail space

Limited

Proximity to major roads

0.5 miles

Public transportation access

High

Parking availability

Adequate

Traffic & Accessibility
Pedestrian traffic

10,000 people/day

Vehicle traffic

15,000 vehicles/day

Public transport accessibility

80 %

Commute times

25 minutes

Work patterns - Office workers

60 %

Psychographics & Consumer Lifestyle
Shopping preferences - Luxury

40 %

Brand affinity - International

75 %

Consumer loyalty - High

50 %

Entertainment and leisure trends - Dining/Cinema

60 %

Crime Rates & Safety
Crime statistics - Violent crime

150 incidents/100,000

Shoplifting rates

200 incidents/100,000

Public safety measures

High

Tourism & Seasonal Factors
Tourist spending

5,000,000 USD

Tourist footfall

50,000 visitors/year

Major local events

2 events

Seasonal attractions - Winter shopping

30 %

Online vs. In-Store Shopping Trends
E-commerce penetration

35 %

Click-and-collect adoption

20 %

Local preference for in-store shopping

65 %

Retail & Mall Performance
Total retail space

2,000,000 sqft

Retail space per capita

9.3 sqft/person

Projected growth in retail space

5 %

Retail leakage rate

15 %

Sustainable retail demand

High

Major upcoming retail projects

1 projects

Consumer Behavior & Spending
Grocery market share - Carrefour

30 %

Grocery market share - Sultan Center

25 %

Grocery market share - Lulu Hypermarket

20 %

Consumer spending patterns - Weekly grocery

150 USD

Grocery expenditure trends

3 %

Luxury retail performance

Strong

Top mall shopping preferences - The Promenade

40 %

Shopping trips to other cities

20 %

Key drivers for mall visits - Dining

50 %

Preferred brand categories - Luxury fashion

35 %

Competitive & Site Analysis
Number of existing malls

3 malls

Total retail footfall

10,000,000 visits/year

Retail market gaps - Value retail

Moderate

Trade area population

300,000 people

Retail potential in catchment area

High

Projected retail growth rate

6 %

Preferred mall layouts - Open-air

60 %

Site & Accessibility
Public transport access

80 %

Walkability score

70 index

Road infrastructure & car access

High

Parking capacity in comparable malls

2,000 spaces

Surrounding land use - Residential/Commercial

80 %

Future developments - Metro line

2027 year