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Retail MarketBeat Report

Suki Kim • 18/08/2025
The citywide high street vacancy rate stood at 15.2% in Q2 2025, up 0.1 pp q-o-q but down 0.8 pp y-o-y. Despite ongoing domestic and external economic uncertainty and subdued domestic consumption, the vacancy rate has remained stable at around 15% over the past year. Cheongdam submarket recorded the most notable vacancy shift this quarter, falling 2.3 pp q-o-q.

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