Ayala Land

Manila gridlock spurs dormitory demand in the Philippines

Ayala Land, which built Manila’s financial district, is expanding into workers’ dormitories as developers target people fed up with battling some of the world’s worst traffic.The company is investing three billion pesos (58 million dollars) building five dormitories on four sites in the Makati and Taguig business districts, comprising 1,500 units that can house as many as 6,000 people, President Bobby Dy said in an interview.

27 October 2017
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