Forbes Magazine came up with the latest ranking on the World's largest shopping malls based on the amount of "gross leasable area" in square feet. Would you believe that eight of these malls are found in Asia? And what's more exciting is that the Philippines has the lion's share of this feat, well, maybe the lioness' share. In reversed order, here are the World's Largest Shopping Malls as of March 2007: 10. King of Prussia Mall Location: Philadelphia, USA Year Opened: 1962 Gross Leasable Area: 2.8 million square feet Features: 400 stores 9. SM City North Edsa Location: Quezon City Philippines Year Opened: 1985 Gross Leasable Area: 3 million square feet Features: 100 retail outlets and restaurants, 12 cinemas, bowling alley, and soon, an IMAX theater. 8. Zhengjia Plaza Location: Guangzhou, China Year Opened: 2005 Gross Leasable Area: 3 million square feet Features: retail stores plus hotel and office spaces.

7. Beijing Mall
Location: Beijing, China
Year Opened: 2005
Gross Leasable Area: 3.4 million square feet
Features: parking for 8,000 cars, man-made beach.

6. Berjaya Times Square
Location: Kuala Lumpur, Malaysia
Year Opened: 2005
Gross Leasable Area: 3.4 million square feet
Features: 1,000 retail shops, 12-storey-high roller coaster, pool, skating rink and children’s theme park.

5. SM Megamall
Location: Mandaluyong City, Philippines
Year Opened: 1991
Gross Leasable Area: 3.6 million square feet
Features: Bowling alley, ice skating rink, 12 cinemas, health clinic and arcades.

4. West Edmonton Mall
Location: Edmonton, Alberta, Canada
Year Opened: 1981
Gross Leasable Area: 3.8 million square feet
Features: 800 stores, water park, skating rink, casino and rides.

3. SM Mall of Asia
Location: Pasay City, Philippines
Year Opened: 2006
Gross Leasable Area: 4.2 million square feet
Features: First Olympic size ice-skating rink, IMAX theater, 20-seat tram.

2. Golden Resources Shopping Mall
Location: Beijing, China
Year Opened: 2004
Gross Leasable Area: 6 million square feet
Features: 1,000 stores.

1. South China Mall
Location: Dongguan, China
Year opened: 2005
Gross Leasable Area: 7.1 million square feet
Features: wind mills, theme parks and a replica of Arc de Triomphe.