The SM Mall of Asia (MOA) Arena, an indoor entertainment venue within the SM Mall of Asia complex in Pasay City, drew over one million in total ticket attendance in 2024, according to developer SM Prime Holdings Inc. (SMPH).
SMPH said in a disclosure to the stock exchange MOA Arena, which hosted a diverse mix of shows in 2024, including sports, concerts, family-oriented shows and corporate and special events, helped the company register positive results in 2024.
“Live entertainment venues are strategic contributors to our company’s portfolio. They strengthen the SM ecosystem by driving foot traffic and supporting the performance of our mall tenants and adjacent businesses,” said SMPH president Jeffrey Lim.
SM MOA Arena has a seating capacity of 15,000, expandable to 20,000, and offers International Basketball Federation (FIBA)- and National Basketball Association (NBA)-compliant facilities.
SMPH said to maintain its world-class standing, it spent $10 million to modernize the arena. The three-year program began in 2022.
Upgrades include digital turnstiles, a new 702 square meter giant LED media mesh, enhanced public address (PA) systems, newly installed acoustic panels, improved back-of-house areas and new spectator seating—all designed to elevate the customer and event experience.
The three-year program reinforced MOA Arena’s status as the Philippines’ premier venue for large-scale events and international artists.
“Our solid performance in 2024 reflects the growing appetite for live experiences and the broad appeal of SM Prime’s integrated developments,” said Lim.
“This year, we expect an even stronger lineup of global and local events that will help drive sustained growth across our lifestyle and commercial assets,” he said.
The SM MOA Arena was named Sports Venue of the Year at the 6th Philippine Sports Tourism Awards in 2024, highlighting its contribution to both the MICE and tourism sectors—two key areas of opportunity as the country’s service economy continues to rebound.