(April 30, 2026, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime) is expanding outside Metro Manila with the opening of SM Nuvali, a flagship mall in bustling Sta. Rosa, Laguna. Slated to open by the fourth quarter of 2026, SM Nuvali will be the fifth and largest SM mall in the province.
“SM Nuvali marks the first of five flagship malls we plan to open annually from 2026 to 2030,” said Jeffrey C. Lim, President of SM Prime. “This reflects our confidence in high-growth regional markets and our commitment to building integrated destinations that support long-term value creation.”
SM Nuvali is positioning itself as a premier mall with sustainability integrated into its design and operations. The development will feature solar panels, water recycling systems and energy-efficient lighting to support the operation of more than 82,000 square meters of gross leasable area.
The new lifestyle mall will also feature 24 EV charging stations, a Trash-to-Cash recycling program, and an e-waste collection facility.
To complement the area’s eco-community master plan and laid-back lifestyle, SM Nuvali will also include large non-retail spaces, including open-air promenades, green zones and lifestyle areas.
“We believe SM Nuvali can bring meaningful value to the Nuvali estate,” said Lim. “Its experiential attractions and tenant mix will help generate economic activity, create jobs and attract more investment into the region.”
SM Nuvali will feature a one-hectare air-conditioned indoor garden that will have playgrounds and paw park, larger nature-inspired spaces such as Sky pods, premium restaurants and a number of global brands. A bridgeway will connect the mall to Park Inn by Radisson and SMX Trade Hall, which are currently being developed by SM Hotels and Conventions Corporation.
The development of the NV Towers, an SM Offices project, is also underway.
SM Nuvali will be SM Prime’s 91st mall. The investment is part of the company’s broader strategy to deploy capital in high-growth regional markets, where rising incomes, stronger connectivity and expanding urban centers continue to support demand for integrated retail, lifestyle and leisure destinations.
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For further information, please contact:
John Nai Peng C. Ong
Chief Finance Officer
SM Prime Holdings, Inc.
E-mail: [email protected]
Tel. no.: 8831.1000 loc. 7886
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