Upscale properties boost ALI sales

Premium residential as well as commercial and industrial lot sales continue to fuel the growth of real estate giant Ayala Land Inc. (ALI), as the middle-income condominium market in Metro Manila continues to be weighed down by weak sentiment, low demand, and excess supply.

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Despite headwinds, the firm said its net income grew 10 percent to P6.9 billion in the first quarter of 2025, as consolidated revenues improved six percent year-on-year to P43.6 billion, driven by resilient property development bookings and healthy leasing operations.

“As we close the first quarter of 2025, I am pleased to share that Ayala Land remains firmly on track—guided by discipline, resilience, and long-term perspective—even as we navigate today’s complex macroeconomic landscape,” said ALI President and Chief Executive Officer (CEO) Anna Ma. Margarita Bautista-Dy.

She added that, “We are energized with what lies ahead and continue to deliver sustainable long-term value for all our stakeholders.”