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Oscar Mall at Jl. Riau No. 1, Pekanbaru, is a 40,000 sqm mid-tier mall opened in 2015, targeting middle-income families in Riaus oil and agriculture economy. With 150 tenants including anchors Hypermart, Matahari, and Cinema 21, the mix is 35% fashion, 25% F&B, 20% merchandise, 20% services. Occupancy 82%, footfall 7,500 daily (15,000 weekends), rents IDR 450,000-550,000/sqm/month. Accessible via major roads but traffic-heavy; parking for 800.
Demographics: age 25-45, income IDR 10-15M/month, catchment 1.2M within 5km. Strengths: stable local traffic, flexible leases (3-5 yrs, turnover-based). Weaknesses: competition from SKA/Ciputra, e-commerce impact, saturation in apparel, aging facilities.
Market position: secondary player in saturated Pekanbaru with 6.5% growth potential, risks from commodity volatility.
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Hours of Operation
Hours
| Monday | 10:00 AM — 09:00 PM |
| Tuesday | 10:00 AM — 09:00 PM |
| Wednesday | 10:00 AM — 09:00 PM |
| Thursday | 10:00 AM — 09:00 PM |
| Friday | 10:00 AM — 10:00 PM |
| Saturday | 10:00 AM — 10:00 PM |
| Sunday | 11:00 AM — 06:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Catchment
Pekanbarus population exceeds 1 million, with a median age of 28 and middle-income households averaging IDR 12 million monthly from oil and palm sectors. Oscar Malls primary catchment is 1.2 million within 5 km, focusing on families aged 25-45 (12% of population). This supports steady everyday shopping but limits high-end retail due to moderate disposable income and growing e-commerce adoption (77% penetration), potentially capping sales growth for physical stores.
Competition and Market Position
Oscar Mall competes with larger venues like SKA Mall (20,000+ daily footfall) and Ciputra Seraya in a market with oversupply of shopping centers. As a secondary mall, it maintains 82% occupancy but experiences tenant churn in saturated categories like fast fashion. Regional GDP growth of 6.5% aids recovery, yet commodity-dependent economy poses risks to consumer spending, influencing rent sustainability and positioning it as a value-oriented option rather than premium.
Accessibility and Operational Quality
Centrally located near Jalan Sudirman, the mall offers good road access but suffers from peak-hour congestion and limited public transport, relying on private vehicles. Parking for 800 cars often overflows during events, impacting convenience. Facilities are clean with security systems, but aging infrastructure since 2015 shows maintenance needs in HVAC and common areas. Dwell time averages 2.5 hours with 25% conversion, suitable for F&B and services but challenging for higher-end tenants due to access issues.
Building Details
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Pekanbaru
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