SM Prime Opens Its 90th Mall in the Philippines: SM City Zamboanga

SM Prime Opens Its 90th Mall in the Philippines: SM City Zamboanga

SM Prime Holdings, Inc., one of the biggest mall developers in the Philippines, announced that it will open a new shopping mall called SM City Zamboanga on March 20, 2026. This will be their 90th mall in the entire Philippines and their 8th mall in Mindanao.

According to the official announcement filed with the Securities and Exchange Commission (SEC) on March 18, 2026, the new mall is a big step for SM Prime as it continues to grow its presence in the Mindanao region.

What Makes SM City Zamboanga Special?

SM City Zamboanga is a four-level building that will add more than 42,000 square meters of space for stores and restaurants. To help you understand how big that is, imagine about 6 football fields worth of shopping space!

The mall is located along Mayor Vitaliano Agan Avenue in Barangay Camino Nuevo. This is SM Prime’s second mall in Zamboanga City – they already opened SM City Mindpro back in 2020.

Jeffrey C. Lim, the President of SM Prime, explained why they’re opening this new mall: “Zamboanga is a strong and growing market. This expansion allows us to broaden our footprint and respond to rising economic activity in the area.” He also mentioned that the new mall will create jobs for people in the area and help local businesses grow.

Cool Features You’ll Find at the New Mall

SM City Zamboanga will have several exciting features that are either first-time in the city or even in all of Mindanao:

  • Tallest scenic elevator in Mindanao – This elevator has LED displays, making your ride up and down more fun to watch
  • Corner outdoor LED wall – This is the first in Zamboanga City and can show 3D content (like those videos that look like they’re popping out of the screen)
  • Electric vehicle charging station – The first one in Zamboanga for people who drive electric cars
  • Environmental features – The mall will have solar panels to generate electricity from the sun, a “Trash to Cash” recycling program where people can exchange recyclables for rewards, and a special place to dispose of old electronics properly
  • Muslim Prayer Room – A dedicated space for Muslim shoppers to pray, recognizing the diverse community in the region

What Stores and Attractions Will Be There?

The new mall will feature many popular stores and facilities, including:

  • The SM Store (SM’s department store)
  • Mindpro Supermarket for groceries
  • Brand-name stores like Adidas and Fully Booked
  • Food places like JCO Reserve
  • Gashapon from Japan (these are the fun vending machines with toy capsules)
  • An indoor garden with a high ceiling that lets in sunlight and has a bird theme (called Skyplaza)
  • An upgraded Cyberzone for gadgets and electronics
  • A modern Food Court
  • Three digital SM Cinemas, including two special Director’s Club cinemas for a more premium movie experience
  • A Paw Park for pets

How to Get There

SM City Zamboanga is easy to reach from different parts of the city:

  • About 10 minutes from Zamboanga International Airport
  • About 5 minutes from the Zamboanga City Seaport
  • Only 2 to 3 kilometers from City Hall and downtown
  • Accessible by both public transportation and private vehicles

About SM Prime Holdings, Inc.

SM Prime is a company listed on the Philippine Stock Exchange with the stock code SMPH. According to the SEC filing, the company has 28,752,183,494 common shares outstanding. SM Prime is known for building and operating shopping malls across the Philippines and is part of the SM Group, one of the country’s largest conglomerates.

With this new mall, SM Prime expects SM City Zamboanga to become an important shopping and gathering place for people in the region, serving both as a commercial center and a social hub where families and friends can spend time together.

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.

Share:

Latest News

Press Releases

Receive the latest news

Subscribe To Our Daily Newsletter

Stay informed with easy-to-read stock market press releases.