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Our Track Record
| 1920's: | Casa Ayala's (House of Ayala) first residential sales were transacted: small lots near the old Meralco carbarn at the southern end of Ayala Bridge in the heart of Manila. This property is smack in the middle of
the then prime districts of Ermita, San Miguel (Malacanang's location), Quiapo, and Sta. Cruz. Some of the streets in the area still have names associated with the family: Ayala Boulevard itself, Melian St., Zobel St., T. Ayala, Fernando, Enrique, and Mercedes. | | 1929: | The Zobels formed the partnership of Ayala y Cia., entering the
1600-hectare Hacienda San Pedro Makati as part of their assets. | | 1930's: | Ayala y Cia. developed four parcels of the Hacienda Makati in the
Singalong-San Andres district as subdivisions for the middle class.
Some of the streets still carry names associated with the family:
Zobel-Roxas St., Consuelo, Jacobo, C. Ayala, and Don Pedro Streets. | | 1937: | The Ayala Securities Corporation was established to handle the
growing business of subdivisions. | | 1946: | Ayala y Cia. sold to Ayala Securities Corp. the real estate business
of the partnership plus a portion of the raw land in Makati. | | 1948: | The development of the Makati area started with the creation of
Forbes Park. Ayala managers including Jaime Velasquez and
Salvador Lorayes under the leadership of Ayala family member
Joseph R.McMicking, developed the Ayala Master Plan, a 25-year
urban development program. | | 1950's: | Makati Central Business District -- the city itself is a symbol of Filipino progress as the nation's central hub for business and premier residential address.
The San Lorenzo Company, Inc. was created and bought land
from Ayala y Cia. for the development of San Lorenzo Village.
Bel-Air Village was developed for the middle-income group.
Urdaneta Village was developed for the upper income group.
| | 1960's: | The Makati Commercial Center began to rise on 26 hectares
amidst the Makati villages and the old Nielsen Airport.
San Miguel Village was developed for the lower income group.
In 1962, Dasmarinas Village and Magallanes Village were developed. The following year Forbes opened its gates and set the standard for high end community developments.
| | 1977: | Ayala Alabang Village is an idyllic and exclusive community whose property values have increased its original worth since its inception. | | 1990: | Groundbreaking of Cebu Business Park | | 1994: | Construction begins on Ayala Center Cebu. | | 2006: | Development commences on Amara. | | 2007: | Alegria Hills breaks ground in Cagayan de Oro. |
Ayala Land's Residential Business was formally organized as a strategic business unit in 2005, to emphasize the company's focus on residential construction, an Ayala core business line since the 1920s.
In succeeding decades, many other premier developments followed: Ayala Heights, Ayala Westgrove Heights, Ayala Greenfield Estates to name a few. As innovators, Ayala Land's Residential Business has likewise distinguished itself in vertical and multi-family developments: the premier One Serendra in Bonifacio Global City, and the gilt-edged The Residences at Greenbelt in the heart of the Greenbelt commercial center.
Since then, Ayala has prevailed and risen to a commanding presence in residential markets.
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