The second biggest mall in the country and the third largest in the world is the SM Megamall. It is one of the countless SM branches of SM Prime Holdings. Having a gross leasable area of 392, 056 m^2, it is home to 500+ stalls and stores, 280 of which are dining outlets. It originally opened in JUne 28, 1991. But after some renovations, it reopened to the public last 2008. Aside from being one of the largest malls, it actually is also one of the pioneers SM Malls. It is the third oldest, after SM City Sta. Mesa and SM City North Edsa. This spacious mall is located in Mandaluyong which makes it very accessible to shoppers.