Key Insights as of Jun 2025

Market Demographics
Population size

5,747,325 people

Population growth rate

1.2 %

Age distribution 0-14

22.5 %

Age distribution 15-64

67.8 %

Age distribution 65+

9.7 %

Household size

3.2 people

Household composition - Families

70.5 %

Education levels - Tertiary

28.4 %

Economic Indicators
Median household income

10,500 USD

Employment rate

68.7 %

Job growth

1.8 %

Dominant industries - Public Sector

35.0 %

Cost of living index

78.5 index

Consumer Spending & Buying Power
Retail sales per capita

2,800 USD

Disposable income

8,200 USD

Spending behavior - Apparel

15.0 %

Spending behavior - Dining

20.0 %

Spending behavior - Electronics

10.0 %

Competition & Retail Presence
Existing retail mix - Malls

12 count

Number of competitors - Grocery

150 count

Market saturation - Retail

Moderate

Presence of anchor tenants

80.0 %

Foot traffic from nearby businesses

High

Real Estate & Infrastructure
Rent costs - Retail

25 USD/sqft

Property values - Commercial

2,500 USD/sqm

Zoning laws - Retail

Flexible

Business permits - Time

45 days

Availability of retail space

500,000 sqft

Proximity to major roads

90.0 %

Public transportation access

High

Parking availability

1.5 spaces/1000 sqft

Traffic & Accessibility
Pedestrian traffic - Malls

50,000 visits/day

Vehicle traffic - Retail zones

20,000 vehicles/day

Public transport accessibility

85.0 %

Commute times - City average

35 minutes

Work patterns - Office

40.0 %

Psychographics & Consumer Lifestyle
Shopping preferences - Value

60.0 %

Brand affinity - International

45.0 %

Consumer loyalty - Retail

Moderate

Entertainment and leisure trends

Cinema, Dining

Crime Rates & Safety
Crime statistics - Violent

150 incidents/100,000

Shoplifting rates

2.5 incidents/1000

Public safety measures

High

Tourism & Seasonal Factors
Tourist spending

500 USD/visitor

Tourist footfall

1,200,000 visits/year

Major local events

10 events/year

Seasonal attractions

Moderate

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

25.0 %

Click-and-collect adoption

15.0 %

Local preference for in-store

65.0 %

Retail & Mall Performance
Total retail space

15,000,000 sqft

Retail space per capita

2.6 sqft

Projected growth in retail space

2.0 %

Retail leakage rate

10.0 %

Sustainable retail demand

High

Major upcoming retail projects

2 count

Consumer Behavior & Spending
Grocery market share - Migros

30.0 %

Grocery market share - BIM

25.0 %

Grocery market share - Carrefour

15.0 %

Consumer spending patterns - Grocery

35.0 %

Grocery expenditure trends

3.0 %

Luxury retail performance

Low

Top mall shopping preferences

AnkaMall, Armada

Shopping trips to other cities

15.0 %

Key drivers for mall visits

Dining, Entertainment

Preferred brand categories - Value fashion

50.0 %

Competitive & Site Analysis
Number of existing malls

12 count

Total retail footfall - annual

60,000,000 visits

Retail market gaps

Luxury, Electronics

Trade area population

7,000,000 people

Retail potential in catchment area

High

Projected retail growth rate

2.5 %

Preferred mall layouts

Open-air, Mixed-use

Site & Accessibility
Public transport access - Malls

90.0 %

Walkability score

70 index

Road infrastructure & car access

High

Parking capacity in comparable malls

5,000 spaces

Surrounding land use - Retail zones

Commercial, Residential

Future developments - Retail zones

3 projects