Ayala Land caps 2026 residential launches as it trims inventory

Traders Union
All News
Business & Wealth
Companies
Ayala Land limits 2026 launches

Highlights

Ayala Land capped new 2026 residential launches due to P99 billion in unsold inventory, prioritizing inventory sell-down and disciplined capital spending.
Residential sales reservations reached P67 billion for the first nine months of 2026, with premium developments accounting for 69% or P46.2 billion.
Attributable net income for the first nine months of 2026 fell 18.2% to P17.5 billion, with P30 billion in new residential launches planned for 2027.

Inventory strategy and 2026 launch plan

As reported by BusinessWorld Online, Ayala Land said its unsold residential inventory stood at P99 billion at the end of September, equivalent to about 15 months of supply, prompting the company to prioritize sell-down efforts over a broader rollout of new projects this year.

The Zobel-led property developer said it is focusing on inventory management and disciplined capital spending amid economic uncertainty. Ayala Land President and Chief Executive Officer Anna Margarita B. Dy said in a statement on Monday that gross sales take-up has remained relatively stable despite a decline in available inventory, adding that the decision to limit new launches this year was deliberate.

For the first nine months of 2026, the company recorded about P67 billion in residential sales reservations. Premium developments contributed P46.2 billion, or 69% of the total, while core residential projects accounted for P20.7 billion, based on the company’s nine-month results briefing.

In the third quarter alone, residential reservations reached P20.5 billion. Ayala Land Chief Commercial Officer Mike Jugo said demand for premium products remains resilient and that the company is also seeing stronger interest from end-users seeking location, product quality, and communities that can sustain value over time.

Earnings pressure and 2027 pipeline

Ayala Land said residential reservations were concentrated in developments within its integrated townships, while its broader priorities also include expanding recurring income from leasing and hospitality businesses and strengthening its balance sheet.

The developer posted attributable net income of P17.5 billion for the first nine months of 2026, down 18.2% from P21.4 billion in the same period last year. Third-quarter attributable net income reached P6 billion.

Looking ahead, the company is preparing about P30 billion in potential residential project launches for 2027, mainly horizontal developments outside Metro Manila. Ms. Dy said the pipeline gives Ayala Land flexibility to respond to market conditions and capture opportunities as they emerge.

Ayala Land also plans to introduce a horizontal residential development under its Avida brand within its Tarlac estate in November. Separately, the company said it had turned over about 8,000 residential units in the first nine months of the year and expects another 5,000 units by December, bringing planned full-year deliveries to 13,000 units.

Our earlier article on India’s alternative accommodation market explained how rising tourism demand is straining the supply of traditional hotel rooms, accelerating interest in homestays, villas, and holiday homes. It highlighted projections for strong growth in gross booking value through FY29, alongside a rapid increase in digitally listed properties and shifting traveler booking behavior as demand outpaces capacity.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.