Makati, BGC projects drive Ayala Land luxury condo sales up 29%

Mike Jugo
Ayala Land’s premium residential business group group 

Ayala Land’s premium condominium sales rose 29 percent in the first five months of 2026, suggesting demand for high-end projects in Metro Manila remained firm even as the property giant grappled with weaker first-quarter results.

Growth was driven by projects in Makati, Bonifacio Global City, Arca South, Parklinks and Vertis North, some of the capital’s largest business and mixed-use districts.

The performance marks a contrast to the first quarter, when core sales from Ayala Land’s broader premium residential segment fell 20 percent year-on-year amid dampened market sentiment.

Management’s view 

“Premium residential demand continues to be anchored on estate quality, location strength, and long-term livability, reinforcing the strength of our estate-led model,” said Mike Jugo, head of Ayala Land’s premium residential business group.

“Our performance reflects consistent buyer preference for well-planned urban developments, supported by a disciplined and calibrated launch strategy across our portfolio,” he added. 

Demand centers on Metro Manila

Developments that led sales included Park Central Towers, Park East Place, Garden Towers Residences, Parklinks North and South Towers, The Lattice at Parklinks and Vertis Residences.

The projects are located within large-scale integrated estates that combine residential, commercial and mobility infrastructure.

Ayala Land said demand remained concentrated in mature and emerging urban estates supported by ongoing development and infrastructure investments.

—Edited by Miguel R. Camus 

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