Forbes Park Village, or better known simply as Forbes, is a high-end residential development and gated community located in Makati City, Metro Manila. It was the first gated village that was developed by Ayala Land Corporation. The village itself was established in the 1940s and was named after William Cameron Forbes. Forbes was an American Governor-General in the Philippines during the period of American colonization. 

There are two areas that make up Forbes Park Village: Forbes Park North and Forbes Park South. These two distinctive areas of the village are divided by McKinley Road. This village has been regarded as the “Beverly Hills of Manila”. This distinction was given to Forbes since it is home to some of the wealthiest families and foreign diplomats in the country. Hence, living in this community is a privilege that is afforded to a few only.

The developer of Forbes Park Village is Ayala Land Corporation. This firm is under the umbrella of Ayala Corporation, which is involved in a wide range of businesses and developments such as real estate, infrastructure, investments, retail, banking, electronics, and more. The Ayala Land is the real estate branch of the company, which was established in 1988. Since then, the firm has been involved with residential development, hotels, corporate businesses, and shopping centers. They provide services that are beyond real estate development but can also offer property management and construction. 

Forbes Park Village is considered the most affluent communities not just in Makati City, but in all of the Philippines. The overall gated community spans a total land area of 250 hectares. This area is considered a prime piece of land since Makati is one of the economic centers of Metro Manila. In fact, the average price per square meter for the properties in Forbes Park Village starts at PhP 224,820. Some properties can cost PhP 411,765 per square meter. These prices are updated as of 2017.

The sense of exclusivity and affluent neighborhood feel is what has drawn a lot of wealthy families to establish their homes in Forbes Park Village. In addition, the prestige of the Ayala Land Corporation development also added to the value of this real estate development. As mentioned above, Forbes Park Village is home to the who’s who in the upper class society of Metro Manila.

The entire village is filled with mansions of elaborate details and construction. Meanwhile, the streets are lined with trees and filled with lush and green spaces. It is also the ideal place to live for those who value their privacy and want to provide enough room for their family to enjoy. This gated community features a low-density type of development with a population density of 1 person per 1,000 square meters of land. The latest Census shows that there are a total of less than 3,000 residents in Forbes Park Village in Makati. 

There are many recognizable names in the Philippines’ entertainment and political industry, along with affluent businessmen and their families, which call Forbes Park as their home. In 2015, Manny Pacquaio joined this elite group of homeowners at Forbes Park when he bought his $9 million mansion in this exclusive village. This puts Manny Pacquiao among the elite few with an address in this exclusive subdivision, which includes other famous Philippine personalities such as Senator Loren Legarda, businessman Tony Boy Cojuangco and wife Gretchen Barretto, GMA 7 Executive Felipe Gozon, and many more. 

It is clear that Forbes Park Village in Makati City is the ‘cream of the crop’. It is home to some of the most expensive mansions in the country. And as such, only famous celebrities, businessmen, business tycoons, and other affluent families can afford to live here. The cost of the homes in this exclusive village is not only attributed to the value of the homes itself. It is also important to keep the community safe and protected from unwanted entries. The security and peace of mind that the homeowners get enjoy is part of the experience. Plus, it does not hurt that it is located in a prime location such as Makati City. Many of the business establishments and offices are located within a few minutes’ drive from Forbes Park, which adds to the convenience of its homeowners. 

There are also plenty of facilities and amenities that are incorporated within the development of this exclusive village. You can learn more about these facilities and amenities later on, which will add to the exclusiveness and prestige of living in this high-end residential community.

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