Ongpin owns 92% of the shares of Alphaland, and is chairman of Alphaland Balesin Island Club, Inc., and the City Club at Alphaland Makati Place, Inc.; the developers of the Balesin Island Club, a "world-class, members-only resort that has been described as a 500-hectare paradise with 7.3 kilometers of pristine white sand beaches, located 21 kilometers southwest of Polillo, Quezon Province," and the City Club, an Php 8 billion multi-use commercial residential complex that has three high-rise buildings, a shopping mall, and a "3-hectare leisure, entertainment and Business club." In 2015, Alphaland’s comprehensive net income rose 31% to P7.2 billion, from P5.5 billion in the previous year. In 2016 company profits rose 7.5% to Php 7.7 billion (from Php 7.2B in 2015).