SM Plans To Open 4 New Malls in Provinces This Year

4 New Malls To Be Opened by SM in Provinces

SM Prime Holdings, Inc. is now planning to open new malls in four different provinces in the country this year 2019 bringing more development in the future.

SM malls are the biggest and most successful malls in the Philippines and even expanding territories abroad.

The mall giant was aiming to establish about 76 branches in the country and seven in China while their land banking efforts is ramping up for the development of more lifestyle cities in the future.

New Malls

The company would open SM Center Dagupan, SM City Olongapo Central, SM City Butuan, and SM Mindpro Citimall in Zamboanga City within this year.

The firm explained that their new malls will be located in the provinces to boost the economic growth in the region.

SM Prime’s mall expansion is geared toward the provinces. The focus is to cover most of Northern Luzon, Visayas, and the progressive cities in Mindanao,” the company said.

New Malls

Sy’s company could also expand SM City Baguio to 46, 000 sq.m while SM City Fairview would have 32,000 sq.m.

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