While browsing through forbes.com today, they had an article about the world's largest malls. There was a time when the biggest mall was in the U.S., and if I'm not mistaken, it was even in Georgia where my brother and parents live. After Mall of Georgia, they had Mall of America, and the race for the title "World's biggest mall" became as prestigious as "World's tallest building."
According to the article, more than half of the world's biggest malls are in Asia. The biggest mall is in Dongguan - an industrial city in between Shenzhen and Guangzhou. They recently opened the world's biggest mall, snatching the title from another Chinese mall, The Great Resources building.
Now, as a testament to the Philippines' mall culture, 3 of the world's biggest malls are in the Philippines. Yup, not just 1, not 2, but 3! And not surprisingly, they all belong to SM Prime Holdings. The 3 out of the 10 biggest malls in the world are:
1. SM Mall of Asia - the most obvious choice. Mark and I went here once, and it was definitely massive!
2. SM Megamall - heck, how can you go wrong with a name that has "Mega" on it.
3. SM North EDSA - One of the first major malls in the Philippines. I still remember the time when this was THE mall to go to. But now, I think TriNoMa is edging them out in this area.
This is quite an impressive feat by SM Prime Holdings. Add to that, they now have properties in China. Who knows? Maybe they'll open some properties in North America, and they might become one of the Philippines' global brands.
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