Metro Manila currently has a large number of malls in the Philippines, There are 3 large signature shopping malls which are part of the Top 10 World's Largest Malls in the Metro Manila area. Three of which are owned by Henry Sy, a Chinese-Filipino Businessman and his company, SM Prime Holdings. The current largest is the new SM City North EDSA ( replaced by SM Mall of Asia as the 3rd largest mall in the world ), and the recent largest mall as of 1991 up to 2006, SM Megamall.

Aside from SM Megamall, other shopping centers in Ortigas Center include Robinsons Galleria, Shangri-La Plaza, and The Podium.

Recently opened in Pasig is a new development called Frontera Verde, which currently hosts Tiendesitas, a tiangge-style shopping center; SM Supercenter Pasig, the smallest SM mall to date; and SilverCity AutoMall, the first mall in the Philippines that is dedicated to the automotive market.

In the Central Business District of Makati, the Ayala Center hosts other malls, including Glorietta and the upscale Greenbelt shopping districts. Also in Makati is the Rockwell Center. These places are frequented by members of Metro Manila's upper classes.

In the City of Manila, the largest malls include SM City Manila and Robinsons Place Manila.

Cubao is Quezon City's Central Commercial Area that hosts 5 malls that includes the ultra-modern Gateway Mall. Other malls include various SM chains in the metropolis. Aside from Cubao, there is also Eastwood City, located along Libis; SM City Fairview, in the Novaliches District; and TriNoma, Ayala Land's newest mall, in front of SM City North EDSA.

Midway between a mall and a market are the Philippine-only tiangges, or airconditioned markets selling goods such as clothes, shoes, accessories, computer parts, mobile phones, CDs, VCDs, MP3s, iPods, and DVDs. Among these can be found in Greenhills Shopping Center in the municipality of San Juan and St. Francis Square in Mandaluyong City.

Muntinlupa City hosts malls like Festival Supermall, Alabang Town Center and Metropolis Star Mall, all in Alabang. And an SM SuperCenter Muntinlupa in Barangay Tunasan.

Las Piñas has the SM City Southmall, the largest based SM Mall south of Metro Manila.

Parañaque City has the SM City Sucat and alongside Pasay City, Duty Free Fiesta Mall, known as the mall of the "Balikbayans" or "back-to-home citizens" here in Metro Manila where most arriving Filipinos pay a visit. It is also the only known Duty Free Mall of the Philippines.