SM Prime Holdings, Inc. (stock symbol: SMPH) has announced plans to open a new flagship mall called SM Nuvali in Sta. Rosa, Laguna by the fourth quarter of 2026, according to a disclosure filed with the Securities and Exchange Commission on April 30, 2026.
What’s SM Nuvali All About?
Think of SM Nuvali as a really big shopping mall — but with a twist. It’s not just about stores and food. This mall is being built with special features that help take care of the environment (that’s what “sustainability” means). It will be the fifth SM mall in Laguna province and the largest one there.
The mall will have over 82,000 square meters of space where stores can set up shop. To help you imagine how big that is, it’s about the size of 11 football fields!
Why Is This Mall Special?
SM Nuvali is being designed to be “green” or eco-friendly. Here’s what that means:
- Solar panels will help create electricity from sunlight
- Water recycling systems will reuse water instead of wasting it
- Energy-efficient lighting will use less electricity
- 24 EV charging stations where electric cars can recharge
- Trash-to-Cash program that rewards people for recycling
- E-waste collection facility where old electronics can be properly disposed of
The mall will also have a one-hectare indoor garden (that’s about the size of one and a half football fields) with playgrounds and even a special park for dogs!
Part of a Bigger Plan
According to Jeffrey C. Lim, President of SM Prime, SM Nuvali is just the beginning. The company plans to open five flagship malls every year from 2026 to 2030 — that’s 25 new big malls in total!
SM Nuvali will be connected by a bridge to other buildings like the Park Inn by Radisson hotel and SMX Trade Hall (a place for events and conventions). There’s also an office building called NV Towers being built nearby. All these buildings together create what’s called an “integrated destination” — basically, a place where people can shop, work, stay in hotels, and attend events all in one area.
About SM Prime Holdings
SM Prime is one of the largest mall developers in the Philippines. Once SM Nuvali opens, it will be the company’s 91st mall. SM Prime is a publicly listed company on the Philippine Stock Exchange with the stock symbol SMPH.
According to the disclosure, the company currently has 28,726,253,194 common shares outstanding and operates retail bonds worth 137.9 billion pesos.
The company is focusing on building more malls in areas outside Metro Manila where more people are moving, incomes are rising, and new roads and infrastructure are making it easier for people to travel and shop.
SM Prime is headquartered at the 7th Floor of MOA Square in the Mall of Asia Complex in Pasay City. The announcement was signed by John Nai Peng Ong, the company’s Chief Finance Officer.
Source Note:This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.
