HOW DID LAND PRICES IN AYALA ALABANG VILLAGE MOVE AS THE VILLAGE FILLED UP?

How did land prices in Ayala Alabang Village move as the village filled up?

We mapped every lot using satellite images from 2010 to 2025.

🟢 Green = empty lot ⚪ Grey = house

2010: ~93% built · 324 empty lots · ₱37k/sqm

2015: ~95% built · 245 empty lots · ₱65k/sqm

2020: ~95% built · 224 empty lots · ₱120k/sqm

2025: ~95.5% built · 202 empty lots · ₱237k/sqm

Along the way: the Skyway reached Alabang (2011), MCX opened (2015), the pandemic hit (2020), and the Skyway extension opened (2022).

Not shown on the map: old houses sold at lot value only. They’re another source of land supply, even if they look “built” from above.

What do you think drove the price: better access (Skyway, MCX), the shrinking supply of lots, or both?