ALI’s luxury project nets P8 billion in sales

MANILA, Philippines — Demand in the country’s premium residential market remains strong, as shown by Ayala Land Inc. (ALI)’s newest luxury development in Makati, which has already generated close to P8 billion in sales ahead of its official launch.

“The market response to Laurean Residences has been exceptional and validates the strength of Makati as the country’s premier address,” Ayala Land Premier president and CEO Mike Jugo said.

“More than a collection of homes, it is an urban sanctuary where timeless architecture, purposeful amenities and meticulous craftsmanship come together to elevate everyday life,” he said.

Ayala Land Premier’s Laurean Residences is positioned as the flagship residential tower of the 1.3-hectare mixed-use Dela Rosa Gardens along Paseo de Roxas and Dela Rosa Street.

Laurean has a P28 billion value and will have 388 units.

The 65-story tower will house residences ranging from 72-square-meter suites to expansive 402-square-meter four-bedroom homes.

ALI said that over half a hectare of the project is devoted to club-like amenities — the most generous allocation by Ayala Land Premier to date — including multiple pools, private dining rooms, a wine lounge, wellness and spa facilities, a cinema room and a sky garden.

The company said residents would benefit from hotel-grade property management through Ayala Land Hospitality.

ALI is slated to formally unveil Laurean in October.

Following the success of Park Villas in 2023, ALI said that Laurean extends Ayala Land Premier’s reach to a broader base of families seeking investment value and livability in the country’s top business district.