Ayala Land, Inc. (ALI) is the largest real estate firm in the Philippines. It is a subsidiary of Ayala Corporation. It began as a division of Ayala Corporation until it was spun off and incorporated in 1988. It became publicly listed on the Philippine Stock Exchange (PSE: ALI) in 1991.
Its core businesses are strategic landbank management, residential development, shopping centers, corporate businesses, and hotels & resorts. Support businesses are in construction and property management. In April 2018, ALI bought a majority stake in MCT Bhd.
MCT and its group of companies ("Group") are a real estate company that is fast emerging as a leading property developer in Malaysia.
Established in 1999 as Modular Construction Technology Sdn. Bhd. as a construction and property developer, MCT was listed on the Main Market of Bursa Malaysia Securities Berhad (Bursa Securities) on 6 April 2015.
In February 2018, MCT became a subsidiary of Ayala Land Incorporated, the biggest property group in the Philippines, increasing its indirect stake in MCT Berhad to 66.2%, making it the majority shareholder.
The company kicked off our project portfolio in Cyberjaya, namely LakeFront Homes, LakeFront Villa, and LakeFront Residences as well as our maiden township, Cybersouth in Dengkil.
We have since grown over the years and expanded our development footprint in the Klang Valley as we ventured into the new growth centers in Petaling Jaya and Subang Jaya. We launched Aetas Damansara in December 2020 and Alira @ Tropicana Metropark the following year in 2021.