Compared to Station I (read my post here, Station II has more beach-front restaurants and bars rather than beach-front hotels.
D'Mall is a great place for eating lunch but the worst place for souvenir shopping if you're a miser. If you have a small budget for souvenir shopping, I'd recommend that you go to Talipapa, there are better things there and cheaper price.
Just outside the D'Mall, you'd be welcomed by a group of girls, they'll offer you hair-braiding services, prices ranging from 100 - 150 php. Long or short hair, they will show you multiple braid styles.
If you want to take photos by the shore, I recommend you to take it by the hour of 2 to 3 where the tides are high and the skies are clear.