SM Mall of Asia (MOA) is a shopping mall owned and developed by SM Prime Holdings, the largest mall chain owner and developer in the Philippines. SM Mall of Asia is the 2nd largest mall in the Philippines after SM City North EDSA, 3rd largest shopping mall in Asia and the 4th (Ref. Forbes’ World’s 10 Largest Shopping Malls) largest shopping mall in the world. It has a land area of 42 hectares and has a gross floor area of an approximate 390,193 square metres (4.20000×106 sq ft) and 407,101 square metres (4.38200×106 sq ft) of total area. The mall is located in Bay City, Pasay, Philippines near the SM Central Business Park, the Manila Bay and the southern end of Epifanio de los Santos Avenue. The mall attracts a daily average foot traffic of about 200,000 people. SM Mall of Asia’s reign from being the largest shopping mall in the Philippines from 2006 was taken over by SM City North EDSA when it was redeveloped in 2008, relegating Mall of Asia to 2nd place.