Alabang originated in 1972, when the Madrigal family offered its 4.2 square kilometers of land for sale to the Ayala Corporation. Instead of making the purchase, the Ayala Corporation went into a joint real estate development venture with the Madrigal family.

The Madrigal family agreed in principle to Ayala's proposal in 1975 and actual work on the area started in 1976. Buyers of land started pouring in. Number of buyers exceeded the number of lots for sale and more parcels of land had to be bought from various owners in the adjacent areas.

Drawing on its many years of experience in real estate development, Ayala Corporation developed the village phase by phase. Phase 1 of the New Alabang Village was offered for sale to the public in 1977. Regardless of lot size, buyers have to abide strictly to Ayala's standards and restriction. The first three residents of the village were Mr. & Mr. Joselito Santos, Mr. & Mrs. Jose Escalante, and Mr. Howard Newhard.

Alabang Village now stands on 6.7 square kilometers of land about 18 kilometers south of Makati and about 20 minutes' drive on the South Luzon Expressway. The village is a totally integrated community, offering the conveniences of modern living outside the busy streets of the city. Bounded by two bodies of water, Manila Bay and Laguna Bay, the village experiences gentle breezes year round.

In the midst of the village is the 0.74 square kilometer Alabang Country Club. It is the first in the country to combine the features of a golf club, a polo club and a sports club. It is said that it is the biggest and most complete sports complex in Southeast Asia.

The Alabang Riding School is open for people who wish to avail of its equestrian facilities. It is one of handful of schools of its kind in the country and was inaugurated on December 11, 1980.