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Mall Image Location Gross floor area Opened Number of shops City Island Group 1 SM Mall of Asia: Pasay: Luzon 589,891 m 2: 2006 3,500+ 2 SM North EDSA: Quezon City: Luzon 497,213 m 2 [2] 1985 1,000+ 3 SM Megamall: Mandaluyong: Luzon 474,225 m 2 [3] 1991 900+ 4 SM Seaside City: Cebu City: Visayas 470,486 m 2 [4] 2015 700+ 5 Festival Mall ...
SM Seaside City in Cebu City. This is a list of notable shopping malls in the Philippines.The retail industry in the Philippines is an important contributor to the national economy as it accounts for approximately 15% of the country's total Gross National Product (GNP) and 33% of the entire services sector.
Megaworld Lifestyle Malls is the retail and commercial arm of Megaworld Corporation, and is one of the largest mall developers in the Philippines. [1] It was founded in 2009, following the success of Megaworld’s first mall development, Eastwood Mall, in Quezon City.
It is the third largest shopping mall in the Philippines and the thirteenth largest in the world. SM Megamall is developed and operated by SM Prime Holdings. [2] The mall occupies a land area of approximately 10 hectares (25 acres) and has a total floor area of 474,000 square meters (5,100,000 sq ft). [3]
The first enclosed shopping mall in the metropolis was Crystal Arcade located along Escolta Street in the downtown district of Binondo. This art deco building designed by Andrés Luna de San Pedro also housed the Manila Stock Exchange and was the Philippines' first air-conditioned building inaugurated on June 1, 1932.
Major Philippine mall chains include SM Supermalls, which has over 43 shopping malls around the country, and Ayala Malls, which has 14 shopping malls nationwide. Other major mall chains include Robinsons Malls, Walter Mart malls, Gaisano Malls, Ever Gotesco Malls, and Isetann.
SM Supermalls, or simply SM, is a chain of shopping malls owned by the Philippines-based SM Prime. As of October 2024, it has a total of 95 malls (87 in the Philippines and 8 in China). It also has 13 malls under construction (5 in the Philippines and 2 in China). It was formerly known as Shoemart.
SM Prime Holdings, Inc. (SMPH) is a Filipino integrated property developer and a public subsidiary of SM Investments Corporation.It was incorporated on January 6, 1994, to develop, conduct, operate, and maintain the SM commercial shopping centers and all businesses related thereto, such as the lease of commercial spaces within the compound of shopping centers.