TRIVIA: Lipa's SM mall is the 15th biggest SM mall in the Philippines and #2 in CALABARZON according to gross floor area as of Sep 2015. Once the new 4 storey parking building will be completed, its gfa will increase to 169,495 sqm and will climb up to #11 or #12.
Expansion of mall or business is a marketing decision of a company based on the growing demand in the area and purchasing power of its patrons. SM City Lipa is competing well with other branches and has been lifted into a premiere mall last 2014 with lots of on going renovation. Here's the top 20:
1. 474,225 - SM MEGAMALL
2. 457,403 - SM CITY NORTH EDSA
3. 406,962 - SM MALL OF ASIA
4. 273,804 - SM CITY CEBU
5. 251,094 - SM AURA PREMIER
6. 201,645 - SM CITY DASMARIÑAS
7. 188,681 - SM CITY FAIRVIEW
8. 184,552 - SM SOUTHMALL
9. 181,593 - SM CITY SAN LAZARO
10. 178,178 - SM CITY MARIKINA
11. 167,812 - SM CITY MANILA
12. 154,020 - SM CITY CABANATUAN
13. 145,174 - SM LANANG PREMIER
14. 144,484 - SM CITY CLARK
15. 141,283 - SM CITY LIPA
16. 137,229 - SM CITY BACOLOD
17. 132,965 - SM CITY STA. MESA
18. 131,818 - SM CITY GENERAL SANTOS
19. 131,158 - SM CITY PAMPANGA
20. 126,425 - SM CITY DAVAO
source: skyscrapercity
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