With P 10.3 billion in planned investment for Ascenda’s full development– the company’s biggest investment in Mindanao to date – Ayala Land in partnership with Anflocor, is expanding its presence in Davao City.
“Davao is truly a city on the rise, with its economic growth outpacing the national average. Major infrastructure projects—the Samal-Davao Bridge, the Coastal Road, and the Davao Bypass Road — are unlocking new connectivity and opportunities. Ascenda is well positioned to benefit from Davao’s momentum, providing Davaoeños new space to grow and an environment attuned to their modern, upgraded lifestyles,” said Meann Dy, Ayala Land president and CEO.
According to the World Travel Index released in July 2025, Davao City ranked as one of the safest places to live in the Philippines. Beyond peace and security, Ayala Land believes the city has much more to offer as an economic center, a cultural capital, a permanent residential address, and a tourist destination.
“Davao has been in Ayala’s radar since the 1970s,” said Dy. “We were the first major property developer to invest in Davao City when we launched Insular Village in 1976. Then, in 2007, we developed Abreeza, and then Azuela Cove in 2017. Now the time has come for us to go full blast here in Davao with our largest estate development ever in the Vismin region.”
“We refer to Ascenda as ‘Davao’s Nature-Inspired Southern Gateway’ because it draws from Ayala Land’s experience in masterplanning large-scale suburban estates that place nature at the top of their value proposition,” she added.
Alongside an exclusive, upscale suburban lifestyle, Ayala Land has gathered its best mixed-use components in Ascenda, with community, connectivity, and convenience at the core of the 204-hectare property.
The estate is poised to become one of Davao City’s prime destinations and top value drivers. It will create a new vibrant residential enclave, town center, and commercial district, making Metro Davao doubly attractive to investors, locators, and tourists.
TWO COMPONENTS OF MASTER PLAN
Ascenda’s master plan has two main components: a 65-hectare Town Center as its commercial and cultural anchor and a 139-hectare residential district featuring Ayala Land’s top premiere residential brands.
The Town Center’s most prominent component is the Eco Park– a testament to Ascenda’s strong focus on nature and sustainable living. Designed by Henning Larsen, Ascenda’s version of Bishan Park will provide a stimulating space for community bonding and recreation. It will also serve as a platform for preserving Toril’s ecosystem in line with Ayala Land’s strict development standards.
Other Town Center components include prime commercial lots, greenways, and shopping streets with unique lifestyle concepts. Here, Ascenda residents and guests can access local and global retail brands and various restaurants, cafés, and shops. The town center will also host a community church.
