From WikiPilipinas: The Hip 'n Free Philippine Encyclopedia
Alabang is the most commercialized barangay in the city of Muntinlupa, in the Philippines. As host to the Filinvest Corporate City and the Alabang Commercial Center, and given its proximity to the Madrigal Business Park, it is projected to fuel the city’s development. These developments have transformed the once agricultural village into a modern area. At present, even the residential portion of the barangay along the old provincial road (Aplaya Road) is lined with commercial establishments, reflecting the fast-paced commercialization of the area.
It is one of the original lands of Former Senator Vicente Madrigal and Doña Consuelo Madrigal Collantes (Chito Madrigal). Which were later given to the Ayala Land Group Foundation and Makati Development Corporation, which were headed by Don Jaime Zobel de Ayala and Beatriz Zobel with sons, Jaime Agusto Zobel de Ayala, the Chairman and CEO of the Ayala Group and Fernando Zobel, the President and COO.