Just like anywhere in the world, ASEAN people also love to shop
especially when finances permit. We go to malls to shop, eat out, watch movies,
and even enjoy their centralized air-condition. Why not? We are in
tropical countries that has longer summers and not so cold winters. It is also
one of the best places to hang out with friends.
People may argue about the largest shopping malls in our region, with
one country claiming to have it. That said I meant Thailand, Philippines and
Malaysia since these countries are home to the largest shopping malls in ASEAN.
LoL. Kidding aside, here's the list of the largest shopping centers in our
region based on their gross leasable area.
What is gross leasable area? A quick google search told me
that:
Gross leasable area (GLA)
is the amount of floor space available to be rented in a commercial property.
Specifically, gross leasable area is defined as the total floor area designed for tenant occupancy and
exclusive use, including any basements, mezzanines, or upper floors.
It is typically expressed in square metres (although in some places such as
the United States, Canada and the United Kingdom, the
square foot is used). It is measured from the center line of joint partitions
and from outside wall faces. That is, gross leasable area is the area for which
tenants pay rent, and thus the area that produces income for the property
owner.
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1. SM Megamall in Mandaluyong, Philippines is ASEAN's largest shopping mall. It's has a GLA of 506,435 square metres (5,451,220 sq ft). It's daily foot traffic is 800,000 people, adding up to 292,000,000 people a year.
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2. SM North Edsa In Quezon City, Philippines is second on the list. It has a 482,878 m2 (5,197,660 sq ft) GLA with 1,100+ shops.
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5. With a GLA of 420,000 m² (4.5 million sq ft), Mid Valley Megamall of Malaysia ranks 5th. It opened in 1999 with 430 shops.
***
Whoa! Let us round
the list, shall we?
6. SM Mall of Asia
(Philippines): GLA - 406,962 m² (4.38 million sq feet)
7. Sunway Pyramid
(Malaysia): GLA - 396,000 m² (4.27 million sq ft)
8. Berjaya Times
Square (Malaysia): GLA - 320,000 m² (3.44 million sq ft)
9. SM City Cebu
(Philippines): GLA - 268,611 m² (2.89 million sq ft)
10. Greenbelt
(Philippines): GLA - 250,000 m² (2.7 million sq ft)
Note: The list is
taken from Wikipedia. Therefore, it can be
argued. Well, at least we have an idea now.
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