SM Prime to open new mall

What: SM Prime Holdings, one of the leading integrated property developers in Southeast Asia, opens SM City Daet on 15 October, its newest and first mall in Daet (Province of Camarines) Norte. This is also the Company’s third mall in the Bicol Region, which will add 47,000 square meters (sqm.) of gross floor area (GFA) in its mall portfolio.

Why it is important: SM City Daet will have three levels of shopping, dining and entertainment destinations and opens with more than 70% of space leased.

SM City Daet will also have SM Foodcourt, Cyberzone, wellness, specialty, sports and hobbies shops to offer further selections to its diners and shoppers. This new mall will also provide parking space for various types of vehicles for enhanced mall experience. Meanwhile, the SM Cinema and other amusement centres will be open to the public once allowed to operate.